ACG blockchain service to bridge ‘digitally broken’ supply chains

ACG Inspection rides the technology wave with the launch of a blockchain-based software platform, aiming to meet industry demands on traceability. The platform is part of the company’s VeriShield suite of services, designed to provide manufacturers with serialization and aggregation solutions for cartons and bottles at primary, secondary, and tertiary packaging levels. According to the company, the blockchain technology leveraged by the service ensures that all medicines, buyers, sellers, logistics partners, and manufacturers are registered to one network, with ‘outsiders’ being unable to manipulate the supply chain at any point without detection. Apart from the blockchain technology, the platform also utilizes Internet of Things (IoT) technology, which allows for all participants to access the network through any compatible application, such as ACG’s mobile or desktop applications. Finally, the platform’s capabilities are amended with the use of artificial intelligence, which ensures that participants are constantly informed with real-time data about the conditions of the shipments, and take decisions in case of any deviations identified, ACG explained.

Spotlight

Spotlight

Related News

Supply Chain

Scan Global Logistics Selects e2open Transportation Management to Support Long-Term Growth

Business Wire | November 01, 2023

E2open Parent Holdings, Inc. the connected supply chain SaaS platform with the largest multi-enterprise network, announces that Scan Global Logistics (SGL), a global freight forwarder, has selected e2open’s cloud-based Transportation Management to simplify its application landscape and provide the freight forwarder with a single, integrated platform to manage each facet of its transportation operations across 160 locations. As part of a multi-year agreement, the e2open solution will allow SGL to optimize operations across multiple modes of transportation and expansive geography and help reduce freight and operational costs, increase transportation efficiency, and enhance the end-user and end-customer experience. In addition to seeking a solution provider with a robust technology roadmap capable of scaling with SGL’s ambitious growth plans, it was essential to the freight forwarder that the provider also supports the technology implementation with in-house customer success teams. “Freight forwarders like SGL are having to rethink their operating models as they navigate an increasingly complex, and often unpredictable, transportation market,” said Ron Kubera, e2open’s strategic sector president. “With e2open Transportation Management, SGL will now have a single, integrated platform to connect its vast carrier network and geographic footprint to simplify these complexities and prepare for future growth. We are delighted that SGL has selected e2open as its strategic partner to provide our best-in-class Transportation Management solution, and we are looking forward to raising the bar together for efficiency and customer service in the freight forwarding industry.” “The e2open roadmap for Transportation Management for freight forwarders and the wider offerings provided by the platform will support the ambitious growth planned for SGL in both the short and long term,” said Morton Wagner, CIO of SGL. “There has been an open and honest dialogue with the e2open account and project teams from the start. The quality and commitment of the resources dedicated to SGL’s implementation of e2open Transportation Management and the cultural fit between e2open and SGL was a decisive factor in the decision to partner with e2open in what will be the single largest and most important IT project in SGL’s history.” E2open’s modern, cloud-based platform provides SGL with enhanced functionality to manage multimode logistics in all regions in a single application. Over the long-term partnership, e2open will support SGL’s goals to deploy a more strategic, global transportation strategy and offer customers across industries and locations the most comprehensive and convenient shipping solutions.

Read More

Transportation

UPS to Acquire Happy Returns, a Leader in Reverse Logistics

Business Wire | October 30, 2023

UPS announced today that it has entered into an agreement to acquire Happy Returns from PayPal (NASDAQ: PYPL). Happy Returns is a U.S.-based software and reverse logistics company that enables frictionless, no-box, no-label returns for merchants and consumers. “We know that returns have long frustrated shoppers and retailers looking for quick and easy solutions,” UPS CEO Carol B. Tomé said. “By combining Happy Returns’ easy digital experience and established drop-off points with UPS’s small package network and footprint of close to 5,200 The UPS Store locations, box-free, label-free returns will soon be available at more than 12,000 convenient locations in the U.S.” “Joining the UPS team is a win for both our employees and our customers,” said Happy Returns CEO and co-founder David Sobie, who will continue to lead the business for UPS after the deal closes. “In recent years, the growth of Happy Returns has accelerated, and we’ve built an enterprise-grade solution. This new chapter is a natural next step for Happy Returns and allows us to harness the power of the UPS network to transform the returns industry.” Happy Returns offers a full stack of returns solutions, powered by software and fully scaled reverse logistics operations that facilitate frictionless returns. In a few simple steps, users can access a returns portal, make a box-free return at the most convenient location and have their item shipped, sorted and returned to the merchant. With more than 800 merchant customers, Happy Returns has a strong track record of providing hassle-free, no-box returns, reducing the cost of e-commerce for all players and creating a more efficient, sustainable supply chain. The acquisition of Happy Returns is expected to close in the fourth quarter of 2023, subject to customary conditions and regulatory approvals. Terms of the acquisition were not disclosed.

Read More

Supply Chain

Logility Named Top 100 Great Supply Chain Partner by SupplyChainBrain

businesswire | September 01, 2023

Logility, Inc., a leader in prescriptive supply chain planning solutions, has been selected as one of SupplyChainBrain’s 2023 100 Great Supply Chain Partners. The selection recognizes Logility for providing outstanding solutions, services, and continuous value to its customers, improving their supply chain performance and efficiency. “For twenty-one years running, SupplyChainBrain has published our much-anticipated list of 100 Great Supply Chain Partners — a select group of companies whose customers recognize them for providing outstanding solutions and services,“ said Brad Berger, Publisher, SupplyChainBrain Berger continued, “Our six-month online poll of supply chain professionals requires a qualified response, asking them to nominate vendors and service providers whose solutions have made a significant impact on their company’s efficiency, customer service, and overall supply chain performance. This year’s field of nominees was highly competitive and overall excellent – coming from all sectors of supply chain management.” “Logility is committed to delivering value tailored to each client through our prescriptive DNA, a unique combination of our configurable platform, deep industry expertise, and agile implementation,” says Allan Dow, president of Logility. “Derived from and built upon business goals, our prescriptive approach considers people, processes, and technology to develop a supply chain planning strategy that delivers continuous value to our clients. It’s an honor to be recognized by them and the SupplyChainBrain community, as one of the 100 Great Supply Chain Partners for 2023.” Logility will appear in the 2023 August issue of SupplyChainBrain magazine and on SupplyChainBrain.com as an honored member of this year’s 100 Great Supply Chain Partners. About SupplyChainBrain SupplyChainBrain, today’s most comprehensive supply chain management information resource, is accessed year-round through a wide range of ever evolving multi-media formats by hundreds of thousands of the world’s most influential supply chain executives. In addition to addressing the fundamental principles of supply-chain management, SupplyChainBrain identifies the latest news, emerging trends, technologies and best practices, forward thinking ideas and cutting-edge solutions – and continues to write and report about these as they evolve and mature. About Logility Accelerating the digital sustainable supply chain, Logility helps companies seize new opportunities, sense and respond to changing market dynamics and more profitably manage their complex global businesses. The Logility® Digital Supply Chain Platform leverages an innovative blend of artificial intelligence (AI) and advanced analytics to aid clients automate planning, accelerate cycle times, increase precision, improve operating performance, break down business silos and deliver greater visibility. Logility’s SaaS-based platform transforms sales and operations planning (S&OP) and integrated business planning (IBP) processes; demand, inventory and replenishment planning; global sourcing; quality and compliance management; product life cycle management; supply and inventory optimization; manufacturing planning and scheduling; retail merchandise planning, assortment and allocation. Logility clients include Big Lots, Husqvarna Group, Parker Hannifin, Sonoco Products and Red Wing Shoe Company. Logility is a wholly owned subsidiary of American Software, Inc.

Read More