IMS Logistics

Procurement and Sourcing, Supply Chain

FourKites | October 18, 2022

Leading supply chain visibility company FourKites announces that the U.S. Patent Office has awarded the company U.S. Patent No. 11,461,731 for its unique ocean shipment solutions. FourKites’ ocean solutions provide international shippers and their partners with complete visibility into all of the complex documentation requirements at every leg of every ocean shipment.These capabilities are available to FourKites’ Dynamic Ocean® customers and give shippers actionable intelli...

Blue Yonder, Panasonic | April 26, 2021

Panasonic Corporation announced today the acquisition of Blue Yonder, the leading end-to-end digital fulfillment platform provider. Panasonic will buy the remaining 80% of Blue Yonder's shares (for USD5.6 billion), contributing to the 20% it purchased in July 2020. The added investment, including debt repayment, amounts to USD7.1 billion, valuing Blue Yonder at USD8.5 billion. Panasonic and the existing shareholders New Mountain Capital and funds managed by Blackstone signed an agreement tod...

Nordstrom | June 01, 2020

Nordstrom decreased its inventory 26% in the first quarter of 2020 compared to the same period last year, according earnings results released Thursday. Sales decreased 40% in the quarter year over year, and the company posted a $521 million net loss."With inventory as our biggest lever of flexibility, we reduced receipts by 30% during the first quarter, generated customer demand through increased marketing and promotions, and utilized our fulfillment capabilities to clear inventory he...

Business Wire | September 01, 2020

Transplace, the premier provider of logistics technology and services, today announced the strategic acquisition of LeanCor, a recognized leader in end-to-end supply chain solutions, training and consulting. LeanCor’s business is focused on delivering advanced technologies and processes for manufacturing logistics, which ultimately improves material flow and visibility, as well as inventory management,” said Frank McGuigan, chief executive officer of Transplace. “In addition to...