SUPPLY CHAIN
OMP | January 30, 2023
OMP, one of the prominent providers of supply chain planning solutions, has recently launched Spark Initiative, a think tank, to research supply chain planning from an outside-in perspective. It will use massive external data and high-level technology to improve the decision-making of its customers.
The primary objective of the Spark Initiative is to provide the OMP community a platform to learn, share and test the outside-in capabilities. It will use data regarding weather and climate patterns, holidays, political and economic factors, consumption trends and data from smart devices to study the factors affecting the supply chain. In addition, it will collect real-time business feedback from customers and insights from a few selected companies for research, and its findings will be made public. The advisory board of the initiative comprises of leaders, academics, industry professionals and OPM experts, led by Lora Cecere, CEO of Supply Chain Insights, they will devise the conceptual framework and keep an eye on the pilot tests.
Dave Winstone, Global ISC Director at Dow and Spark Board Member, said, "I'm excited to participate in the Spark Initiative because it's the next frontier in supply chain planning." He added, "How do we harness all these signals out there? How do we identify which ones matter most to our business? What do they mean to us and to our ecosystem partners? In the end, it's not companies that compete, but the ecosystems around us. We have to make the ecosystems more effective to be able to stay competitive. And I believe this initiative will bring us one step closer to that goal."
(Source – Globe Newswire)
Philip Vervloesem, Senior Vice President of OMP USA, said, "Now is the time for supply chain leaders to redefine their planning processes. The active participation of Fortune 500 companies like Dow, General Mills, Nestlé, and Land O'Lakes confirms the need to explore groundbreaking ways of planning. I look forward to deep-diving into this fresh pool of possibilities together with our valued customers."
(Source – Globe Newswire)
About OMP
OMP is a software company providing customized supply chain planning solutions. Its global clients include ArcelorMittal, BASF, Michelin, Procter &Gamble, Dow, Shaw, Yoplait, Shell, Smurfit Kappa, and Shell. Headquartered in Belgium, it has a vast network of partners needed to optimize supply chain performance for clients anywhere. It renders industry-specific solutions from consumer goods to metals. Its digitalized supply chain planning solutions helps companies to channelize their excellence and growth.
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SOFTWARE AND TECHNOLOGY, TRANSPORTATION
Montway Auto Transport | January 20, 2023
Leading third-party logistics brokerage, Montway Auto Transport, recently announced its partnership with premier digital remarketing technology solutions provider, Auction Edge.L. Montway, through this partnership, will deliver integrated transportation ordering, to over 55,000 dealers and 175 auctions using Auction Edge's national marketplace, EDGE Pipeline.
EDGE Pipeline connects auctions with trusted dealer partners to digitally source and market inventory. Since 2012, Auction Edge has enabled power partner auctions to transact millions of vehicles annually. In addition, to modernize the user experience, the "one-click" transportation ordering feature will save dealers time and enhance efficiency.
Digital auctions that simplify ordering fast, safe, and dependable transportation help dealers manage inventory and meet consumer demands. Montway, in addition to transporting full loads, is the national leader in single-unit moves and will enhance the post-sale experience for dealers by developing a customized solution for Auction Edge users. Montway has a strong industry reputation, as evident from its 80,000 online customer reviews in the retail market.
Kaye Ceille, Business Solutions Group President at Montway Auto Transport, said, "Digitalization of the supply chain is a trend that is here to stay." She added, "Integrating auto transport into a digital remarketing platform offers a full-service solution for dealers. Auction Edge will leverage Montway's technology to seamlessly integrate with EDGE Pipeline and make booking auto transport for vehicles purchased at auctions anywhere in the country as easy as clicking a button."
(Source- PRNewswire)
Montway's partnership with Auction Edge follows the company's recent merger with Auction Direct Transport (ADT), a nationwide automotive transport brokerage company. The two partnerships emphasize Montway's commitment to expanding its dealer and auction transportation capabilities across the country.
About Montway Auto Transport
Montway Auto Transport is now one of the biggest auto transport companies and has been in business for more than 15 years. Since its establishment in 2007, Montway Auto Transport has developed into the top auto transport business in the country. With more than a million automobiles shipped, the company offers extended service hours every day of the year for transport to all 50 states, including Hawaii and Alaska, as well as Europe. Montway Auto Transport is the industry leader in cutting-edge logistical techniques and client support, and has developed the idea for Miles Ahead, a business software for transport management. The platform gives companies and salespeople direct access to the tools they need to quote and book vehicle transport 24x7.
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SOFTWARE AND TECHNOLOGY, SUPPLY CHAIN
Relay Payments | January 19, 2023
Fintech firm, Relay Payments, primarily providing payment solutions to the supply chain, logistics and trucking sectors, recently announced the testing of its lumper payment solution by Schneider. The pilot testing program undertaken by Schneider, a multimodal transportation, intermodal and logistics provider, earlier this year resulted in immediate advantages including billing accuracy, fraud detection and driver benefits. As a result, Schneider will now implement Relay’s payment solution for its entire fleet of 12,000+ drivers and 10,000+ power units.
Relay’s solution has already shown improvements for Schneider’s customer service and operations teams. Drivers started paying directly from their cabs the warehouse fees, reducing time authorizing cash payments or fleet checks from their phones. This contactless, digital payment process saved significant time for every delivery, while the finance team received instant e-receipts resulting in improved customer billing and guaranteed reimbursements.
Ryan Droege, Co-founder and CEO at Relay, said, "Relay Payments is rapidly growing, but we remain laser focused on developing products that solve real problems our customers face every day.” He further added, "Schneider is a known innovator that sets the tone for best practices, so working with them is a huge step toward digitally transforming the logistics industry. We couldn't be more excited to partner with them."
(Source: CISION)
Relay’s payment solutions are used by more than 300,000 carriers and drivers today, including businesses throughout logistics, transportation supply chain. From large carriers like Schneider to truck stops, warehouses and freight brokers use Relay for easier over-the-road expense payments.
About Relay Payments
Founded in 2019,Relay Payments, a venture-backed fintech firm, provides instant digital payments through Relay to replace the extended payment authorization process, which frequently caused delays in cargo unloading and other issues including missing receipts and fraudToday, the company collaborates with the biggest carriers, freight brokers, and 3PLs in North America as well as smaller fleets and independent owner operators to automate over-the-road payments and guarantee that goods reach store shelves as soon as possible.
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