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SUPPLY CHAIN

Tecsys | February 22, 2021

Tecsys Inc., an industry-leading supply chain management software company, is delighted to declare that one of the largest national wholesale wholesalers of electrical material has actualized transportation management (TMS) programming to drive operational proficiency at its two significant Canadian dissemination center points in Manitoba and Ontario, with cross country usage of warehouse and transportation software expected by 2024, upheld by Avalon CSC, a Tecsys integrator and value-added part...

Stord | June 12, 2020

Stord announces this week that it has acquired Cove Logistics, a leading transportation partner, to offer customers a comprehensive distribution network.Since its Series A funding round in 2019, Stord's network and software capabilities have grown tremendously and resulted in increased adoption from enterprise companies. This acquisition is a reflection of Stord's commitment to continually invest in its distribution network.Cove Logistics, now Stord, has been named Top Perfor...

Schneider Electric | June 15, 2020

Schneider Electric, the leader in digital transformation of energy management and automation, announced it has been ranked 4th in The Gartner Supply Chain Top 25 for 2020. Schneider Electric supply chain went from the eleventh position in 2019 to fourth in 2020. This Gartner recognition scores demonstrate that Schneider-Electric continue to deliver digital transformation and the speed to reach its strategic priorities and its ability to set and execute its strategy. <...

Wayfair | August 06, 2020

Wayfair dramatically reversed its trend of quarterly losses in the hundreds of millions in the second quarter when pandemic-driven online home spending ratcheted up the company's immense and admittedly underutilized logistics network, reported executives Wednesday. The company posted $274 million in net income in Q2 after losing $286 million in Q1 and more than $1 billion 2019.The e-tailer reported an 83% year-over-year increase in net revenue in Q2 while doubling the wholesale dollars...