Supply

New RELEX Study Reveals AI's Untapped Potential: Retail and CPGs Yet to Fully Embrace Technology that Drives Demand Forecasting Accuracy

Retrieved on: 
Monday, April 8, 2024
Technology, Other Retail, Other Transport, Trucking, Rail, Specialty, Transport, Other Technology, Logistics, Supply Chain Management, Software, Retail, Networks, Mobile, Wireless, Data Management, Online Retail, Artificial Intelligence, Uncertainty, Culture, Organization, Agility, Face, Growth, Omnichannel, Social media, AI, Overalls, CPG, Supply, Strategy, Public key certificate, Machine learning, Collaboration

This suggests that companies may be underestimating AI's role in tackling consumer demand volatility.

Key Points: 
  • This suggests that companies may be underestimating AI's role in tackling consumer demand volatility.
  • The RELEX State of Supply Chain 2024: Retail and CPG Dynamics report offers valuable insights into the challenges, strategic investment areas, and opportunities for retailers and CPGs over the next 3-5 years.
  • The RELEX State of Supply Chain 2024: Retail and CPG Dynamics report explores the challenges, strategic investment areas, and opportunities for retailers and CPGs over the next 3-5 years.
  • The report was conducted by Researchscape and surveyed 285 retail, CPG, and wholesale leaders globally in February 2024.

GXO Appoints Kristine Kubacki as Chief Strategy Officer

Retrieved on: 
Thursday, March 21, 2024
Growth, Research, Transport, Supply, Mathematics, Mizuho, Supply chain, Chemical engineering, Webster University, Procter & Gamble, Management

GREENWICH, Conn., March 21, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, today announced the appointment of Kristine Kubacki as Chief Strategy Officer, effective April 1.

Key Points: 
  • GREENWICH, Conn., March 21, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, today announced the appointment of Kristine Kubacki as Chief Strategy Officer, effective April 1.
  • Kubacki has two decades of experience in Investor Relations and as a sell-side analyst with a deep understanding of global industrial, logistics and transportation sectors.
  • “Kristine brings a deep understanding of our industry and the critical role we play within global supply chains,” said Malcolm Wilson, CEO.
  • Kubacki holds a master’s degree in business administration and a Bachelor of Science in chemical engineering from Washington University.

Cheetah Net Supply Chain Service Inc. Announces Full Year 2023 Results and Provides Corporate Update

Retrieved on: 
Monday, March 18, 2024
Cheetah, Letter, MSRP, Growth, Sale, Acquisition, IPO, Supply, Bank statement, Economics

The Company’s 2023 sales declined by 30.5% from 2022, to $38.4 million due to lower sales volume.

Key Points: 
  • The Company’s 2023 sales declined by 30.5% from 2022, to $38.4 million due to lower sales volume.
  • Net profit after tax amounted to $0.1 million, and positive cash flow from operations rose to $5.6 million.
  • Total cost of revenue decreased by $16.6 million, or 32.8%, from $50.7 million in 2022 to $34.1 million in 2023.
  • Net income in 2023 was $0.1 million, or $0.01 per share, compared with net income of $0.8 million, or $0.05 per share, for 2022.

Four XPO Leaders Named 2024 “Pros to Know” by Supply & Demand Chain Executive Magazine

Retrieved on: 
Wednesday, March 13, 2024
Demand, Supply, Transport, Growth, AI, XPO, Safety, Management

GREENWICH, Conn. , March 13, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, announced today that four of its executives have been named “Pros to Know” by Supply & Demand Chain Executive (SDCE) magazine.

Key Points: 
  • GREENWICH, Conn. , March 13, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, announced today that four of its executives have been named “Pros to Know” by Supply & Demand Chain Executive (SDCE) magazine.
  • For the first time, the awards were given in four categories – top shippers, rising stars, lifetime achievement and top procurement pros.
  • This is the fourth consecutive year leaders from XPO have made SDCE’s Pros to Know list.
  • XPO’s 2024 SDCE winners are:
    Kevin Flynn (top shipper award), vice president, national sales, who oversees XPO’s high-achieving XPO national sales team.

Plumbing Parts Market Outlook & Global Forecast 2024-2029: APAC Leads, Europe's Growing Renovation Market Bodes Well, Middle East, Africa, and Latin America are Emerging Markets - ResearchAndMarkets.com

Retrieved on: 
Friday, April 5, 2024
Other Manufacturing, Commercial Building & Real Estate, Construction & Property, Chemicals, Plastics, Building Systems, Home Goods, Manufacturing, Machine Tools, Metalworking & Metallurgy, Retail, Residential Building & Real Estate, Plumber, Generation, Construction, Supply, Reliance Worldwide Corporation

Exhibit 9 Renovation Activities by Generation in the US: 2022 (%)

Key Points: 
  • Exhibit 9 Renovation Activities by Generation in the US: 2022 (%)
    Exhibit 22 Pvc Prices in India and Turkey, Jan to Nov 2022 ($ Per Mt)
    Exhibit 23 Globally Copper Price: 2015 to 2021 ($ Per Mt)
    Exhibit 25 Shortage of Labor in Construction Sector, Including Plumbers
    Exhibit 40 Global Population in 2030, 2050, and 2100 (Billion)
    Exhibit 65 Infrastructure Construction Projects in Australia, 2022-2026
    Exhibit 66 Infrastructure Pipeline - Building Sector Funding Comparison in Australia, 2021-2022 to 2025-2026 ($ Million)
    Exhibit 75 Regional Distribution of Construction Output in Uk, 2022 (% Share)
    Exhibit 96 Investment and Construction in Canada, 2022
    Exhibit 111 Arrival of Tourists in Hotels in Mexico, 2021 ($ Million)
    Table 3 Globally Hotel Construction Projects and Rooms by Companies, 2022
    Table 31 Central States Industrial: Major Product Offerings
    Table 32 Finolex Industries Limited: Major Product Offerings
    Table 36 Nupi Industrie Italiane S.P.A.: Major Product Offerings
    Table 37 Reliance Worldwide Corporation: Major Product Offerings
    Table 38 Turnkey Industrial Pipe & Supply Inc.: Major Product Offerings
    Table 40 Prince Pipes and Fittings: Major Product Offerings
    Table 42 Charlotte Pipe and Foundry: Major Product Offerings
    Table 48 Westlake Pipe & Fittings: Major Product Offerings
    Table 49 Elkay Manufacturing Company: Major Product Offerings
    Table 51 Globe Union Industrial: Major Product Offerings
    Table 61 Zhejiang Valogin Technology Co.: Major Product Offerings
    Table 64 Hot Tub Outpost: Major Product Offerings
    Table 65 Tech Tubes & Fittings: Major Product Offerings
    A selection of companies mentioned in this report includes, but is not limited to:

LocatorX Partners with Cloud Peritus to Unlock Value for Salesforce MedTech Customers

Retrieved on: 
Thursday, April 4, 2024
Professional Services, Data Management, Data Analytics, Technology, Logistics, Supply Chain Management, Transport, Software, Cloud, CRM, Digital, Intelligence, Salesforce, ERP, SVP, Life, Supply, Defense, Digital fingerprint, WMS

LocatorX, the trusted Supply Chain Intelligence Provider, today announced they have partnered with Cloud Peritus, a Salesforce System Integrator, to provide critical asset visibility for Cloud Peritus’ MedTech360° accelerator offering.

Key Points: 
  • LocatorX, the trusted Supply Chain Intelligence Provider, today announced they have partnered with Cloud Peritus, a Salesforce System Integrator, to provide critical asset visibility for Cloud Peritus’ MedTech360° accelerator offering.
  • “LocatorX provides key functionality that enables MedTech companies to have real-time, 360-degree visibility of their assets.
  • They capture large amounts of data in addition to location that can be leveraged for multiple use cases to accelerate value for MedTech customers,” continued Lo.
  • Our ability to unlock insights, combined with Cloud Peritus’ ability to quickly build out industry-specific applications and processes on the Salesforce platform, provides a significant advantage for MedTech customers.

Atmus Filtration Technologies Inaugurates New Distribution Center

Retrieved on: 
Wednesday, April 3, 2024
Other Manufacturing, Aftermarket, Automotive, HVAC, Supply Chain Management, Automotive Manufacturing, Manufacturing, Retail, Filtration, Supply, Filter (signal processing), SDC, Movement, Mining

Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”), a global leader in filtration and media solutions, has announced the expansion of its distribution capabilities with the inauguration of the Atmus Southern Distribution Center (SDC) in Hutchins, Texas, U.S.

Key Points: 
  • Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”), a global leader in filtration and media solutions, has announced the expansion of its distribution capabilities with the inauguration of the Atmus Southern Distribution Center (SDC) in Hutchins, Texas, U.S.
    SDC had a soft launch in late 2023 and is now fully operational, signifying a critical milestone as Atmus transforms its supply chain to better serve its customers.
  • Situated just outside of Dallas, the SDC covers 94,000 square feet that is solely dedicated to distributing Fleetguard products, a brand of Atmus.
  • Opening the SDC allows us to better serve our customers when and where they need us,” said Paul Massey, Vice President of Supply Chain at Atmus.
  • Atmus Filtration Technologies has 11 distribution centers strategically located around the world, including more than 1.6 million square feet across six continents.

GCC Polyethylene Terephthalate Market Analysis Report 2024: PET's Role in Eco-Friendly Packaging Solutions and Versatility in Automotive Applications - Forecast to 2029 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 26, 2024
Packaging, Recycling, Chemicals, Plastics, Automotive Manufacturing, Environment, Manufacturing, MEG, PTA, Urbanization, Growth, Sport, Application, Dow Chemical Company, International, COVID-19, SABIC, PET, Transport, Food, Private sector, RPET, Ethylene glycol, Supply, GCC, Vision 2030, Tourism, Drink, Water, Compound annual growth rate, Polyethylene terephthalate, JBF, Food safety, Food industry, Bottled water

GCC PET market demand is forecasted to grow at a CAGR of 5.30% over the projected period of 2024-2029.

Key Points: 
  • GCC PET market demand is forecasted to grow at a CAGR of 5.30% over the projected period of 2024-2029.
  • GCC PET supply is expected to reach 3.61 million ton by 2029, while GCC PET demand in 2023 stood at 2.20 million ton.
  • Polyethylene Terephthalate (PET), formed by combining purified terephthalic acid (PTA) or dimethyl terephthalate with modified ethylene glycol, exhibits notable impact resistance and ensures food safety.
  • The GCC Polyethylene Terephthalate (PET) market is characterized by a moderately concentrated landscape with several established players vying for market share.

Solvay Strengthens Its Customer Relationships and Reduces Its Carbon Footprint with Esker

Retrieved on: 
Tuesday, March 26, 2024
Software, Payments, Finance, Artificial Intelligence, Professional Services, Technology, Apps, Applications, Fintech, Automation, Chem, ERP, Carbon, Supply, Supply chain, Paper, Customer service, Sales

This worldwide deployment has enabled Solvay to considerably reduce its order processing time while significantly reducing its carbon footprint.

Key Points: 
  • This worldwide deployment has enabled Solvay to considerably reduce its order processing time while significantly reducing its carbon footprint.
  • Faced with the functional, technical and financial limitations of its existing systems, Solvay accelerated its digital transformation three years ago and implemented Esker Order Management.
  • This aligns perfectly with the Solvay Way, which encompasses our commitment to sustainability,” said Sonia Boibessot, eBusiness Process Specialist at Solvay.
  • “This has enabled the Customer Service team to concentrate on higher-value tasks, such as offering customer support.

MicroStrategy Releases Auto, the Customizable AI Bot That Makes Enterprise Analytics Accessible to Anyone, Building on MicroStrategy AI

Retrieved on: 
Tuesday, March 26, 2024
Professional Services, Apps, Applications, Technology, Blockchain, Fintech, Artificial Intelligence, MicroStrategy, SQL, Intelligence, MSTR, Supply, API, Federated, Media, Limited

Auto is the latest enhancement to MicroStrategy AI TM, released in October 2023, a first-to-market solution for rapidly building AI applications on trusted data.

Key Points: 
  • Auto is the latest enhancement to MicroStrategy AI TM, released in October 2023, a first-to-market solution for rapidly building AI applications on trusted data.
  • MicroStrategy AI makes it easy for any user, regardless of analytic skill level, to interact with data using natural language.
  • “And now, with Auto added to MicroStrategy AI, we’re enabling customers to build and deploy custom AI bots in minutes.
  • We have dozens of new features underway for MicroStrategy AI that will help every organization capitalize on our vision for Intelligence Everywhere.”