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Nike | March 25, 2020
Shifting to a digital-first distribution strategy, "daily global demand and supply optimization" and tight cost management are major tenets of what Nike executives called their "coronavirus playbook" on a Tuesday earnings call. "Our measures of success in the near-term will be rooted in the amount of inventory on hand relative to the pace of digital demand, store re-openings and traffic patterns," CFO Andy Campion said. Nike saw gross margin decline 80 basis points ...
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, Au...
Tech Wire Asia | March 05, 2020
From using drones to deliver medical supplies to using Artificial Intelligence (AI) to guide clinical decision making, the healthcare industry has made great strides in leveraging cutting-edge technology in efforts to ultimately save or improve people’s lives. One recent example of the use of technology in the industry is Melbourne Health Logistics (MHL)’s Supplier Improvement Pilot Project. The project involved 10 Australia-based small-to-medium enterprises (SMEs) and aimed to addre...
Freight
ShipBob, | May 13, 2022
ShipBob, the leading global omnifulfillment platform, announced the launch of its end-to-end managed freight and inventory distribution program, FreightBob. The service includes ocean freight, which is powered by Flexport, combined with ShipBob’s cross-docking, automated inventory distribution, and goods transfers across their fulfillment network. Current and future merchants that use ShipBob’s fulfillment solution and ship inventory from China to the U.S. (to st...
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