Supply chain collaboration

Coupa Launches New AI-Driven Automations to Help Businesses Drive Efficiencies

Retrieved on: 
Monday, March 4, 2024

SAN MATEO, Calif., March 4, 2024 /PRNewswire/ -- Coupa, the leading AI-driven platform that helps you operate smarter and grow faster, launched new innovations that improve the buying experience and collaboration across the supply chain.

Key Points: 
  • "For more than a decade, Coupa's been leveraging AI to help its customers automate, increase efficiencies, and work smarter to improve business outcomes.
  • "New AI innovations from Coupa will help businesses become more scalable and profitable.
  • We are excited to unleash cutting-edge Generative AI solutions later this year, set to revolutionize your workflows within Coupa."
  • Coupa helps businesses make more informed buying, sourcing, supply chain, and financial decisions to drive growth and better match supply and demand.

Cargologik Announces Launch of Groundbreaking Supply Chain Visibility and Collaboration Platform and Appoints Industry Veteran Gabriel de Godoy as CEO

Retrieved on: 
Tuesday, August 1, 2023

MIAMI, Aug. 1, 2023 /PRNewswire/ -- Cargologik, a leading provider of end-to-end supply chain visibility and collaboration solutions, today announced the launch of Cargologik 2.0, marking a major milestone in the company's journey to revolutionize the supply chain industry.

Key Points: 
  • Cargologik unveils its new supply chain visibility and collaboration platform and announces Gabriel de Godoy, an international freight forwarding and supply chain solutions veteran, as its new CEO.
  • MIAMI, Aug. 1, 2023 /PRNewswire/ -- Cargologik, a leading provider of end-to-end supply chain visibility and collaboration solutions, today announced the launch of Cargologik 2.0, marking a major milestone in the company's journey to revolutionize the supply chain industry.
  • Cargologik 2.0 exemplifies our commitment to fostering and enhancing collaboration and visibility in the supply chain.
  • Cargologik's new platform builds on the company's commitment to unite best-in-class collaboration with end-to-end supply chain visibility in a single source of truth.

ArcelorMittal Expands its Relationship with Ivalua to Further Digitalize Procurement

Retrieved on: 
Tuesday, June 6, 2023

Over the past three and half years, ArcelorMittal has successfully used Ivalua's Source-to-Procure platform including its Sourcing, Contract Management, Supplier Self registration / Risk Management, and Procurement modules.

Key Points: 
  • Over the past three and half years, ArcelorMittal has successfully used Ivalua's Source-to-Procure platform including its Sourcing, Contract Management, Supplier Self registration / Risk Management, and Procurement modules.
  • Through Ivalua, ArcelorMittal further secures its supply chain and minimizes the risk of disruption.
  • "Ivalua empowers ArcelorMittal with smart collaboration solutions to keep production moving forward while remaining competitive and driving innovation", said Dan Amzallag, Chief Operating Officer (COO) at Ivalua.
  • "The ongoing relationship with ArcelorMittal is a testament to the success previously achieved and we look forward to continuing to support ArcelorMittal's procurement transformation journey."

Bizbrain Technologies ("Bizbrain") and Nitor Partners ("Nitor"), two renowned SAP implementation experts, have joined forces to help organizations successfully achieve their digital supply chain transformation goals.

Retrieved on: 
Tuesday, March 28, 2023

Nitor and Bizbrain offer a unique services approach that bridges the gap between supply chain and procurement.

Key Points: 
  • Nitor and Bizbrain offer a unique services approach that bridges the gap between supply chain and procurement.
  • The partnership will combine SAP Supply Chain planning best practices with SAP Procurement expertise along with organizational change management (OCM) to significantly improve the success rate of their clients' digital transformation initiatives.
  • Our joint mission is to become the one-stop-shop of SAP solutions for connecting Supply Chain planners with suppliers and buyers.
  • No transformation project is successful without OCM and the Bizbrain-Nitor partnership brings this secret weapon that will benefit our customers.

mdf commerce reports Second Quarter of Fiscal 2023 Financial Results

Retrieved on: 
Monday, November 14, 2022

This quarter marks a return to positive Adjusted EBITDA(2) achieved through a combination of growth and operational efficiency efforts.

Key Points: 
  • This quarter marks a return to positive Adjusted EBITDA(2) achieved through a combination of growth and operational efficiency efforts.
  • The total purchase consideration was $65.8 million(3) (US$48.5 million) or approximately 5X Revenue(4), subject to certain post-closing adjustments", said Luc Filiatreault, CEO of mdf commerce.
  • Total revenues for Q2 FY2023 reached $33.2 million, an increase of $8.1 million or 32.4% compared to $25.1 million reported in Q2 FY2022.
  • Our two core platforms, eprocurement and Unified Commerce contributed to revenues of the second quarter as follows:
    The eprocurement platform generated revenues of $19.3 million, an increase of $8.0 million or 71.2% compared to $11.3 million in Q2 FY2022.

mdf commerce announces sale of InterTrade Systems Inc., its Supply Chain Collaboration subsidiary

Retrieved on: 
Wednesday, October 5, 2022

The received consideration will allow the Corporation to improve its balance sheet and create near-term shareholder value within mdf commerce.

Key Points: 
  • The received consideration will allow the Corporation to improve its balance sheet and create near-term shareholder value within mdf commerce.
  • The InterTrade solution provides business-to-business (B2B) integration solutions to better manage the Supply Chain Collaboration between trading partners and was part of mdf commerces Unified Commerce platform.
  • Further to the sale of InterTrade, mdf commerces Unified Commerce platform will be renamed ecommerce and will be comprised of mdf commerces two ecommerce solutions: Orckestra and k-ecommerce.
  • mdf commerce inc. (TSX: MDF) enables the flow of commerce by providing a broad set of SaaS solutions that optimize and accelerate commercial interactions between buyers and sellers.

aPriori’s Manufacturing Insights Conference to Spotlight Solutions for Product Sustainability, Manufacturability, and Supply Chain Collaboration

Retrieved on: 
Wednesday, September 7, 2022

aPriori Design and Manufacturing Best Practices: Our subject matter experts will showcase industry best practices throughout the product development and manufacturing lifecycle.

Key Points: 
  • aPriori Design and Manufacturing Best Practices: Our subject matter experts will showcase industry best practices throughout the product development and manufacturing lifecycle.
  • Supply Chain Collaboration: Strong, productive supplier relations can be pivotal to an OEM product brands success.
  • Learn how companies are using zero RFQs/quoteless sourcing and other solutions to fast-track negotiations and foster new levels of collaboration and automation throughout the supply chain.
  • aPriori Solutions Roadmap: Manufacturing brands are using aPrioris guidance to optimize product designs, smart manufacturing processes, and navigate supply chain disruptions.

mdf commerce reports Fourth Quarter and Full Year Fiscal 2022 Financial Results

Retrieved on: 
Thursday, June 30, 2022

MONTREAL, June 29, 2022 (GLOBE NEWSWIRE) -- mdf commerce inc. (the “Corporation”) (TSX:MDF), a SaaS leader in digital commerce technologies, reported Q4 FY2022 financial results for the three-month and fiscal 2022 full year ended March 31, 2022. Financial references are expressed in Canadian dollars unless otherwise indicated.

Key Points: 
  • Fiscal 2022 was another transformative year for mdf commerce, arguably one of the most transformative in the history of the Corporation.
  • The acquisition of Periscope makes mdf commerce a major player in government eprocurement in North America.
  • Total revenues for the fourth quarter of fiscal 2022, reached $30.0 million, an increase of $7.9 million or 36% compared to $22.0 million reported in Q4 2021.
  • On a constant currency (2) basis, total revenue increased by $8.2 million or 38% compared to the fourth quarter of fiscal 2021.

mdf commerce reports second quarter of fiscal 2022 results

Retrieved on: 
Thursday, November 11, 2021

Q2 fiscal 2022 was a transformational quarter for mdf commerce, said Luc Filiatreault, CEO of mdf commerce.

Key Points: 
  • Q2 fiscal 2022 was a transformational quarter for mdf commerce, said Luc Filiatreault, CEO of mdf commerce.
  • Total revenues for second quarter of fiscal 2022 reached $25.1 million, an increase of $4.3 million or 20.8% compared to $20.8 million for the second quarter of fiscal 2021.
  • On a constant currency(1) basis, total revenue increased by $4.7 million or 23.2% compared to the second quarter of fiscal 2021.
  • The net increase is mainly due to Jobboom, contributing $0.2 million in revenue in the second quarter of fiscal 2022, primarily due to an active Canadian job market.

Premier, Inc. and Resilinc Expand Partnership to Enhance Supply Chain Visibility and Sustainability

Retrieved on: 
Tuesday, October 26, 2021

(NASDAQ: PINC), a leading technology-driven healthcare improvement company, and Resilinc , the leading supply chain monitoring, mapping and resiliency solution, today announced a new collaboration to drive greater supply chain transparency, risk mitigation and business continuity for U.S. healthcare providers.

Key Points: 
  • (NASDAQ: PINC), a leading technology-driven healthcare improvement company, and Resilinc , the leading supply chain monitoring, mapping and resiliency solution, today announced a new collaboration to drive greater supply chain transparency, risk mitigation and business continuity for U.S. healthcare providers.
  • In addition to enhanced supply chain mapping and supplier risk assessments, Premier will leverage EventWatchAI, Resilincs 24/7 monitoring service.
  • Were thrilled to expand our partnership with Premier to include more robust supply chain mapping and supplier risk assessment capabilities.
  • Resilinc maps the supply chain multiple tiers deep, down to part, supplier and site levels, and exposes bottlenecks deep in sub-tier suppliers.