Savino Del Bene

Supply Chain

MISC | August 16, 2021

BCG Digital Ventures (BCGDV), the business-building and corporate innovation arm of Boston Consulting Group (BCG), today announced its previous investment in three ventures: SOL-X, Chord X, and Spares CNX. BCGDV’s investment was made last year while the ventures were in stealth mode to allow for a deeper focus on business development activities, including staffing, product development, and target market acquisition. With the objective of disrupting the shippin...

American Eagle | June 08, 2020

American Eagle Outfitters accelerated its plans to open two third-party managed fulfillment hubs outside Boston and Atlanta in the first quarter, COO Michael Rempell told analysts on a Wednesday earnings call.The company fast-tracked the plan as e-commerce orders increased after it closed all stores in mid-March. Though total revenue decreased 38% year over year in the quarter (ending May 2), online orders increased 33%, with much of the boost coming in April. "We had planned to do th...

Supply Chain

QAD Precision | November 30, 2021

QAD Precision, an industry-leading provider of global trade management and transportation execution software, has announced the newest release of its Global Trade and Transportation Execution (GTTE) solution, with capabilities to simplify and enhance global import and export processes. The upgrades will improve visibility and connectivity of operations throughout the supply chain. QAD Precision is a division of QAD Inc. QAD Precision GTTE now provides support for enterprises to pr...

Freight

LaneAxis | December 02, 2020

Riding a strong tailwind of demand and discontent, LaneAxis, Inc., a supply chain-centered SaaS organization, is seeing fast and eager extension of the LaneAxis Direct Network following its ongoing launch. This eagerly awaited broker-free network isn't simply disturbing, however reinventing the manner in which goods are moved from A to B. The Network's essential mission: interfacing shippers directly to carriers, and in the process disposing of the freight industry’s most problemat...