Supply Chain Management

Once For All to Acquire Nalanda Global

Retrieved on: 
Thursday, April 4, 2024
Professional Services, Technology, Transport, Logistics, Supply Chain Management, Finance, Software, Built environment, Software as a service, Growth, Environment, Partnership, PSG, Telecommunications, Acquisition, All, GTCR

Similar to Once For All, Nalanda operates a SaaS-based network that helps enable contractors in multiple industries to manage the compliance of sub-contractors in their supply chain.

Key Points: 
  • Similar to Once For All, Nalanda operates a SaaS-based network that helps enable contractors in multiple industries to manage the compliance of sub-contractors in their supply chain.
  • Nalanda also brings additional worker-level compliance and health & safety solutions to Once For All’s product suite.
  • With a network of over 1,000 contractors and 45,000 sub-contractors as of December 2023, Nalanda has one of the largest digital communities of suppliers globally.
  • PSG Equity, a growth equity firm that partners with software and technology-enabled services companies, acquired a majority stake in Nalanda in 2021.

Levi Strauss & Co. Reports First-Quarter 2024 Financial Results

Retrieved on: 
Wednesday, April 3, 2024
Retail, Manufacturing, Finance, Banking, Professional Services, Women, Supply Chain Management, Online Retail, Luxury, Other Retail, Men, Other Manufacturing, Specialty, Textiles, Consumer, Fashion, Growth, Levi Strauss & Co., EPS, LEVI, Levi Strauss, DTC, Direct

Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the first quarter ended February 25, 2024.

Key Points: 
  • Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the first quarter ended February 25, 2024.
  • “We started the year strong delivering results above expectations, underscoring the power of the Levi’s brand and the progress we are making on our strategic priorities.
  • This shift negatively impacted Q1 2024 over 2023 by approximately $100 million or 6% of net revenues.
  • Global wholesale net revenues were down 9% to prior year when normalizing for the shift in wholesale shipments in Q1 2023.

PAR Punchh® Partners with Attentive on SMS Marketing Capabilities for Restaurant Loyalty Programs

Retrieved on: 
Wednesday, April 3, 2024
Data Management, Supply Chain Management, Technology, Specialty, Electronic Commerce, Food, Beverage, Telecommunications, Retail, Software, Artificial Intelligence, Restaurant, Bar, Growth, Communication, Partnership, MMS, Acquisition, AI, SMS, Marketing, PAR, Mobile phone

ParTech, Inc. (PAR) , a global restaurant technology company and provider of unified commerce solutions for enterprise restaurants, today announced a new partnership between PAR Punchh® , PAR Technology’s industry-leading loyalty and offer solution, and Attentive , the AI marketing platform specializing in SMS marketing for leading brands.

Key Points: 
  • ParTech, Inc. (PAR) , a global restaurant technology company and provider of unified commerce solutions for enterprise restaurants, today announced a new partnership between PAR Punchh® , PAR Technology’s industry-leading loyalty and offer solution, and Attentive , the AI marketing platform specializing in SMS marketing for leading brands.
  • This integration will expand PAR Punchh's capabilities to help restaurants turn anonymous guests into loyalty members, grow their loyalty membership and send engaging visuals and content with personalized offers to spark actions via SMS messaging.
  • The partnership gives Punchh Customers the opportunity to:
    Grow loyalty membership by incentivizing SMS opt-ins.
  • Restaurants using PAR Punchh can now engage with loyalty and non-loyalty members to encourage new sign-ups and actions.

Videojet Introduces a New Large Character Inkjet Printer for Case and Carton Coding

Retrieved on: 
Wednesday, April 3, 2024
Other Retail, Supply Chain Management, Technology, Manufacturing, Other Technology, Other Manufacturing, Retail, Software, Networks, Packaging, Hardware, Wi-Fi, Printing, Ink, Dust, HMI, ZPL, USB, 3D printing

With over 45 years of expertise in inkjet printing technology, Videojet Technologies is pleased to launch the new Videojet 2380 high-resolution large character inkjet printer for manufacturers and distributors with on-demand case coding requirements.

Key Points: 
  • With over 45 years of expertise in inkjet printing technology, Videojet Technologies is pleased to launch the new Videojet 2380 high-resolution large character inkjet printer for manufacturers and distributors with on-demand case coding requirements.
  • The Videojet 2380 inkjet printer offers a complete solution for printing on corrugated cardboard cases, cartons, shipping containers and other porous materials.
  • This versatile carton and cardboard box printer adapts to users’ unique marking and coding requirements.
  • For more information about the Videojet 2380 large character inkjet printer, visit: www.videojet.com/2380 .

Alsym Energy Announces $78M Funding Round Led by Tata Limited and General Catalyst

Retrieved on: 
Wednesday, April 3, 2024
Other Manufacturing, Technology, EV, Electric Vehicles, Maritime, Automotive, Transport, Software, Manufacturing, Batteries, Logistics, Supply Chain Management, Mechanical, Mercury, Entrepreneurship, Partnership, Mechanical engineering, MIT, Risk, Tata Sons, LCOS, Nature, Wind, Three-wheeler, G-77, Safety, Thrive Capital, BESS, Renewable energy

Alsym™ Energy , a developer of next-generation non-flammable rechargeable batteries for stationary storage, marine and mobility applications, announced a $78 million funding round jointly led by Tata Limited (a wholly-owned subsidiary of Tata Sons) and General Catalyst , a global venture capital firm.

Key Points: 
  • Alsym™ Energy , a developer of next-generation non-flammable rechargeable batteries for stationary storage, marine and mobility applications, announced a $78 million funding round jointly led by Tata Limited (a wholly-owned subsidiary of Tata Sons) and General Catalyst , a global venture capital firm.
  • New York-based Thrive Capital and Toronto-based Thomvest also joined in the round, as well as existing investor Drads Capital .
  • Alsym will use the funds to grow its Boston-area team and expand its prototyping and pilot lines to address increasing demand for customer samples.
  • Alsym’s first product for this market, called Alsym Green, offers significantly higher system-level energy density than other non-flammable, non-lithium battery chemistries.

FourKites and BuyCo Partner to Offer End-to-End Ocean Freight Management

Retrieved on: 
Wednesday, April 3, 2024
IOT (Internet of Things), Retail, Data Management, Technology, Supply Chain Management, Other Transport, Trucking, Convenience Store, Rail, Maritime, Air, Transport, Supermarket, Software, Logistics, Food, Beverage, ETA, Partnership, Carbon, CO2, VGM, Rail freight transport

This visibility spans both inland and ocean shipments, from initial planning and booking to real-time transportation visibility, carbon emissions control and inventory management.

Key Points: 
  • This visibility spans both inland and ocean shipments, from initial planning and booking to real-time transportation visibility, carbon emissions control and inventory management.
  • Through this strategic partnership, FourKites and BuyCo are committed to helping high-volume shippers streamline their operations; build a more sustainable supply chain; and enhance the overall supply chain execution and customer experience through end-to-end digitization.
  • The partnership between BuyCo and FourKites empowers shippers to leverage cutting-edge container visibility and management capabilities, positioning them as leaders in efficiency and service, while enhancing supply chain resilience amidst increasingly volatile and unpredictable market conditions.
  • “Ocean shipping is extremely complex, with numerous stakeholders and cumbersome documentation workflows that can account for upwards of 70% of detention and demurrage,” said Mathew Elenjickal, founder and CEO of FourKites.

Artelys Optimizes Toyota Motor Europe Vehicle Processing Using FICO Technology

Retrieved on: 
Wednesday, April 3, 2024
Banking, Software, Professional Services, Technology, Automotive, Security, Other Transport, Other Professional Services, Transport, Other Automotive, Finance, Other Technology, Logistics, Supply Chain Management, Failure, Heuristic, FICO, Partnership, Xpress, FICO Xpress, Toyota Motor Europe, Carbon, Omont, CO2, Heart, Constraint, Constraint programming

A customer buying a vehicle from a Toyota retailer can add numerous options to a Toyota vehicle such as a navigation system, a towing bar or a parking assist system.

Key Points: 
  • A customer buying a vehicle from a Toyota retailer can add numerous options to a Toyota vehicle such as a navigation system, a towing bar or a parking assist system.
  • “The flexibility of FICO® Xpress and Artelys Kalis was key to address the very specific scheduling needs of Toyota’s workshops,” said Nicolas Omont, VP Operations at Artelys.
  • At the heart of Toyota Motor Europe’s supply chain are seven strategically located vehicle distribution hubs that handle both the European-built models and those shipped to Europe from overseas.
  • “Artelys has demonstrated with this project and others the massive potential of using FICO optimization to solve incredibly challenging supply chain problems.”

Global Business Optimism Continues to Climb as Businesses Indicate Sustained Confidence

Retrieved on: 
Wednesday, April 3, 2024
Finance, Transport, Banking, Business, Professional Services, Data Analytics, Logistics, Supply Chain Management, Retail, Dun & Bradstreet, Disaster, ESG, Dun, Policy, Q2, Overalls, Investment, Optimism, Weather

Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, today released its Q2 2024 Global Business Optimism Insights report.

Key Points: 
  • Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, today released its Q2 2024 Global Business Optimism Insights report.
  • The latest quarterly report highlights a sustained positive trend in the global business outlook, with the Dun & Bradstreet Global Business Optimism Index rising 5.4% quarter over quarter.
  • “The continued improvement in overall business optimism indicates that businesses are regaining stability after grappling with inflationary pressures and global monetary tightening,” said Neeraj Sahai, President of Dun & Bradstreet International.
  • Increasingly businesses are mitigating these risks by leveraging data to identify opportunities for reshoring, nearshoring, and friend shoring.”
    Key findings from the Q2 report reveals:
    The Global Business Optimism Index increased 5.4%, with businesses feeling more optimistic about the global macroeconomic environment, particularly regarding inflation.

Milk Specialties Global Joins Vanguard Renewables' Farm Powered Strategic Alliance

Retrieved on: 
Wednesday, April 3, 2024
Agriculture, Natural Resources, Sustainability, Environment, Recycling, Supply Chain Management, Food, Beverage, Retail, Electricity, Dairy Farmers of America, Milk, Farmer, Natural gas, Whey, Partnership, DNA, Carbohydrate, Starbucks, RNG, Renewable energy

Milk Specialties Global, a nutrition ingredients manufacturer, is the most recent food and beverage manufacturer to join Vanguard Renewables® Farm Powered Strategic Alliance (FPSA).

Key Points: 
  • Milk Specialties Global, a nutrition ingredients manufacturer, is the most recent food and beverage manufacturer to join Vanguard Renewables® Farm Powered Strategic Alliance (FPSA).
  • "Milk Specialties is the latest sustainably minded food and beverage manufacturer to join the Farm Powered Strategic Alliance," stated Neil H. Smith, Chief Executive Officer at Vanguard Renewables.
  • By joining the Farm Powered Strategic Alliance, Milk Specialties aims to further strengthen its commitment to sustainable practices.
  • Through collaborative efforts, Milk Specialties and the other members of the Farm Powered Strategic Alliance are ensuring a greener and more sustainable future.

Paragon Metals Appoints Automotive Industry Veteran Marty Miller as CEO

Retrieved on: 
Wednesday, April 3, 2024
Consulting, Automotive Manufacturing, Manufacturing, Professional Services, Transport, Other Manufacturing, Other Professional Services, Steel, Logistics, Supply Chain Management, Insurance, Finance, Growth, Executive, Metal, Investment, Management

Paragon Metals, LLC , (“Paragon” or the “Company’) today announced the appointment of Marty Miller to Chief Executive Officer, reporting to the Board of Directors.

Key Points: 
  • Paragon Metals, LLC , (“Paragon” or the “Company’) today announced the appointment of Marty Miller to Chief Executive Officer, reporting to the Board of Directors.
  • Mr. Miller replaces Eric Krepps, interim CEO, who will take on the role of Executive Chairman of the Board.
  • Before joining Paragon, Mr. Miller was Chief Executive Officer of TSM Corporation, a precision machining company serving the automotive industry.
  • In addition to its manufacturing facilities in southern Michigan, Paragon maintains a strong network of strategic outsourcing partners in several countries.