Supply

PSA collaborates with HERE Technologies to optimize truck operations in Singapore

Retrieved on: 
Tuesday, February 20, 2024
Digital transformation, Here Technologies, Senior, Digital Solutions, Album-equivalent unit, Assistant, Supply, Carbon, Supply chain, Tree, Service provider, Ecosystem, Port, PSA, Movement, Community, HERE, Warehouse

Singapore – HERE Technologies , the leading location data and technology platform, today announced that it is enabling PSA Singapore (PSA), which operates the world’s largest transhipment hub with unrivalled connectivity, to transform its container truck ecosystem in Singapore, with the goal of optimizing the movement of goods at Singapore’s ports.

Key Points: 
  • Singapore – HERE Technologies , the leading location data and technology platform, today announced that it is enabling PSA Singapore (PSA), which operates the world’s largest transhipment hub with unrivalled connectivity, to transform its container truck ecosystem in Singapore, with the goal of optimizing the movement of goods at Singapore’s ports.
  • Singapore is the top maritime capital of the world[1] with the Port of Singapore as the world's second busiest port in terms of container volume.
  • This collaboration between HERE and PSA directly addresses this need by providing PSA with a seamless, easy-to-implement solution tailored to their requirements.
  • HERE is proud to enable PSA in shaping the future of port operations and smart logistics.”

Three RXO Leaders Win Supply & Demand Chain Executive 2024 Pros to Know Award

Retrieved on: 
Friday, March 8, 2024
Data Management, Automotive Manufacturing, Automotive, Technology, Manufacturing, Trucking, Transport, Vehicle Technology, Networks, Logistics, Supply Chain Management, Fleet Management, Food, Marketing, Growth, Supply, Information, Demand

RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced today that Lou Amo, Brian Dean and Alyssa Myers were named 2024 Pros to Know by Supply & Demand Chain Executive.

Key Points: 
  • RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced today that Lou Amo, Brian Dean and Alyssa Myers were named 2024 Pros to Know by Supply & Demand Chain Executive.
  • The annual award recognizes top supply chain professionals who serve as an example for other leaders.
  • "Many of today's supply chain pros are more than just leaders within their space; they're innovators, decision makers, pioneers of change and growth.
  • They've spent the last year (and more) creating safer, more efficient supply chains," says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive.

Steel Partners Holdings Reports Fourth Quarter and Full Year Results

Retrieved on: 
Friday, March 8, 2024
Professional Services, Finance, ERP, Tax, Financial services, Investment, Service provider, Supply, Adjustment, Supply chain, Capital expenditure, CRT, Public expenditure, Energy, Corporation, Partnership, Cryptocurrency

The Company recorded asset impairment charges of $0.5 million and $0.3 million for the three months ended December 31, 2023 and 2022, respectively.

Key Points: 
  • The Company recorded asset impairment charges of $0.5 million and $0.3 million for the three months ended December 31, 2023 and 2022, respectively.
  • The Company recorded asset impairment charges of $0.9 million and $3.2 million for the twelve months ended December 31, 2023 and 2022, respectively.
  • As of December 31, 2023, total debt was $191.4 million, an increase of $11.0 million, as compared to December 31, 2022.
  • As of December 31, 2023, net cash totaled $56.4 million, an increase of $104.0 million, as compared to December 31, 2022.

Supply Chain Risk Insights for Business Planning from Everstream Analytics Now Available on SAP® Store

Retrieved on: 
Tuesday, March 5, 2024
Technology, Security, Electronic Commerce, Professional Services, Business, Software, Data Analytics, Supply Chain Management, Retail, Artificial Intelligence, IBP, Weather, SAP, Supply, Integrated business planning

Everstream Analytics today announced that its Supply Chain Risk Insights for Business Planning solution is now available on SAP® Store , the online marketplace for SAP and partner offerings.

Key Points: 
  • Everstream Analytics today announced that its Supply Chain Risk Insights for Business Planning solution is now available on SAP® Store , the online marketplace for SAP and partner offerings.
  • Everstream’s Supply Chain Risk Insights integrates with SAP Integrated Business Planning (IBP) and delivers AI-driven insights to anticipate and counter external threats and minimize disruptions across the supply chain.
  • "Everstream empowers market-leading organizations to drive toward a sustainable, risk-resilient future," said David Northington, CEO of Everstream Analytics.
  • Supply Chain Risk Insights for Business Planning provides market leaders a competitive edge in an increasingly complex and volatile supply chain landscape."

Michelin North America, Inc. Selects Cosmo Tech for Supply Chain Simulation

Retrieved on: 
Tuesday, February 27, 2024
Technology, Other Energy, Other Manufacturing, Other Transport, Trucking, Alternative Energy, Energy, Transport, Other Technology, Logistics, Supply Chain Management, Manufacturing, Software, Retail, Hardware, Electronic Design Automation, Artificial Intelligence, Michelin, Multimedia, Carbon footprint, Agility, Marketing, Tech, Supply, Organization

Cosmo Tech announces it has been selected by Michelin North America, Inc. to help improve its supply chain simulation and optimize operations.

Key Points: 
  • Cosmo Tech announces it has been selected by Michelin North America, Inc. to help improve its supply chain simulation and optimize operations.
  • View the full release here: https://www.businesswire.com/news/home/20240227355758/en/
    The overall aim of bringing onboard Cosmo Tech’s solution is to help supply chain and marketing managers anticipate the impact of variable demand and predict the future state of Michelin’s complex supply chain, with the objective of improving supply chain agility and efficiency.
  • We have invested in innovation at the service of customers since our founding 135 years ago,” said George Kurian, VP of Supply Chain and logistics at Michelin North America, Inc. “By partnering with experts in AI and Supply Chain Simulation like Cosmo Tech, we’re able to accelerate our transformation, adopting a more agile approach in our supply chain and business.”
    Founded in 2010, Cosmo Tech is a software company renowned for its expertise in AI simulation and enterprise digital twins.
  • We are looking forward to seeing the positive impact our AI simulation platform will have on a supply chain as far reaching as Michelin North America’s.”
    Michelin North America’s operations span 34 production plants in two countries and count more than 23,000 employees.

American Software Reports Third Quarter of Fiscal Year 2024 Results

Retrieved on: 
Thursday, February 22, 2024
Supply Chain Management, Online Retail, Retail, Technology, Software, Artificial Intelligence, Internet, Cloud, Artificial intelligence, Investment, Sigma-Aldrich, Information technology, Software as a service, Corporation, Transport, Supply, Date, GAAP, Probability, Machine learning, Fiscal, Depreciation, Share repurchase, ESG, Automation, Read, Acquisition, AI, Kontoor Brands, Communication, Publication

American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the third quarter of fiscal year 2024.

Key Points: 
  • American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the third quarter of fiscal year 2024.
  • During the second quarter of fiscal year 2024 we divested our non-core information technology staffing firm, The Proven Method and its results are included in discontinuing operations.
  • Professional services and other revenues for the quarter ended January 31, 2024 decreased 28% to $3.4 million for the quarter ended January 31, 2024 compared to $4.8 million for the same period last year.
  • “We delivered solid third quarter results and remain on track to achieve our guidance for fiscal 2024, which is unchanged from the prior quarter,” said Allan Dow, CEO and President of American Software.

Cummins promotes five new leaders to vice president

Retrieved on: 
Thursday, February 22, 2024
Automotive, Other Manufacturing, Engineering, Automotive Manufacturing, Manufacturing, General Automotive, Other Construction & Property, Public Transport, HVAC, Other Transport, Other Energy, Trucking, Utilities, Machinery, Other Automotive, Alternative Energy, Transport, Energy, Performance & Special Interest, EV, Electric Vehicles, Alternative Vehicles, Fuels, Roman, Culture, Growth, History, Leadership development, Safety, Strategic management, Jacobs Vehicle Systems, Plant, Supply, Supply chain management, EBU, Component, Economics, Controller, Inc., CMA, Partnership, Certified Management Accountant, Ram, Quality, CMI, Supply chain, IBM Power Systems, Knowledge, Catholic higher education, Environment, Acquisition, Meritor, Purdue University, CSP, HR, Environment, health and safety, Training and development, Management

Cummins Inc. (NYSE: CMI) announced today the appointment of four leaders to the role of vice president, effective March 1 – Ricardo Roman, Michelle Probst, Gbile Adewunmi and Matt McQueen – in addition to Ashwath Ram, who was appointed Vice President in January.

Key Points: 
  • Cummins Inc. (NYSE: CMI) announced today the appointment of four leaders to the role of vice president, effective March 1 – Ricardo Roman, Michelle Probst, Gbile Adewunmi and Matt McQueen – in addition to Ashwath Ram, who was appointed Vice President in January.
  • Ricardo Roman – Vice President, Components Finance
    Roman stepped into the role of Controller for the Components Business Unit in 2022 during a critical period of evolution for the business.
  • Michelle Probst – Vice President, Leadership and Talent Development
    Probst recently expanded her role from Leadership Development to now leading Cummins Talent Development programs and processes globally.
  • Ram oversees the performance of the company’s five business units, including Engine, Power Generation, Distribution, Components and Accelera by Cummins.

Supply & Demand Chain Executive Names Spinnaker SCA's Joel Garcia as Recipient of 2024's Prestigious Pros to Know Award for Lifetime Achievement

Retrieved on: 
Friday, March 8, 2024
Senior, Architecture, Distribution center, WES, Supply, Data science, Organization, Demand, Automation, Joel's Bohemia, WMS, Warehouse

DENVER, March 8, 2024 /PRNewswire/ -- Supply & Demand Chain Executive, the only publication covering the entire global supply chain, named Joel Garcia, Senior Vice President of Supply Chain Execution as a winner of this year's Pros to Know Lifetime Achievement award, which recognizes outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain for competitive advantage.

Key Points: 
  • DENVER, March 8, 2024 /PRNewswire/ -- Supply & Demand Chain Executive, the only publication covering the entire global supply chain, named Joel Garcia, Senior Vice President of Supply Chain Execution as a winner of this year's Pros to Know Lifetime Achievement award, which recognizes outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain for competitive advantage.
  • Joel Garcia has extensive experience enabling people and technology processes to help establish policies and metrics for each client he works with to optimize their retail replenishment, distribution, and fulfillment operations.
  • "I believe that we have seen tremendous innovation in the last 5 years as it pertains to technology inside the 4-walls.
  • Joel acts as an advisor and an architect, helping organizations understand their order profiles and demand patterns.

Supply & Demand Chain Executive Names Spinnaker SCA's John Sharkey as Recipient of 2024's Prestigious Pros to Know Award for Lifetime Achievement

Retrieved on: 
Friday, March 8, 2024
Acquisition, Food, Growth, Supply, Yoy, Demand, SCA, Sales

He also led Spinnaker SCA's acquisition of supply chain consulting firm Accelogix in 2023.

Key Points: 
  • He also led Spinnaker SCA's acquisition of supply chain consulting firm Accelogix in 2023.
  • John's focus is on developing Spinnaker SCA's end-to-end supply chain capabilities with a balanced focus on business and technology expertise.
  • They've spent the last year (and more) creating safer, more efficient supply chains," says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive.
  • These winners continue to go above and beyond to overcome challenges, advance supply chain management and make the impossible, possible."

Supply & Demand Chain Executive Names Spinnaker SCA's Leaders as Recipients of 2024's Prestigious Pros to Know Award for Lifetime Achievement

Retrieved on: 
Friday, March 8, 2024
Acquisition, Senior, Food, Architecture, Growth, CPG, Distribution center, WES, Supply, Fowler, Planning, Data science, Yoy, Health care, Integrated business planning, Organization, Demand, Joel's Bohemia, Automation, Foodservice, WMS, Management

DENVER, March 8, 2024 /PRNewswire/ -- Supply & Demand Chain Executive, the only publication covering the entire global supply chain, named three of Spinnaker SCA's executives as Lifetime Achievement recipients.

Key Points: 
  • DENVER, March 8, 2024 /PRNewswire/ -- Supply & Demand Chain Executive, the only publication covering the entire global supply chain, named three of Spinnaker SCA's executives as Lifetime Achievement recipients.
  • He also led Spinnaker SCA's acquisition of supply chain consulting firm Accelogix in 2023.
  • John's focus is on developing Spinnaker SCA's end-to-end supply chain capabilities with a balanced focus on business and technology expertise.
  • These winners continue to go above and beyond to overcome challenges, advance supply chain management and make the impossible, possible."