HPD LendScape | October 13, 2020
HPD LendScape, a leading international secured lending platform vendor, today announces it has partnered with Emirates Development Bank (EDB) to launch UAE's National Supply Chain Finance (SCF) platform, giving UAE businesses improved access to working capital, particularly as they cope with the added pressures of the COVID-19 pandemic. SCF solutions enable suppliers to gain quicker access to money they are owed, while buyers get more time to pay off their balances and the new platform will offer a simple, fast and transparent way for bank lenders to onboard both buyers and suppliers. The initial phase of the project offering a payables finance solution has now gone live. The next phase is set to provide a comprehensive suite of buyer and supplier centric SFC variations, including Islamic Finance products. Bringing together buyers, suppliers and banks onto one platform, the National Supply Chain Finance solution helps simplify and automate operations, mitigate risk more effectively and make SME finance easily accessible - much needed in the UAE today.
MxD, Software AG | April 12, 2021
As part of a partnership with MxD, the country's Digital Manufacturing Institute, and the National Center for Cybersecurity in Manufacturing, Software AG Government Solutions announced yesterday that it would provide a supply chain risk alert framework for the US Department of Defense (DoD).
As part of the collaboration, Software AG will provide MxD with hybrid integration solutions, while both companies will deliver their strategies for delivering supply chain risk alerts.
The emergence of the COVID-19 pandemic revealed aspects of supply chains, requiring the need to protect the United States' manufacturing supply chains by increasing resiliency and strengthening their existing structure.
"Supply chain resiliency has long been part of MxD's goal, but the pandemic has given our work new urgency and focus," said Chandra Brown, CEO of MxD.
"Digital technologies, such as Software AG's webMethods API management and integration platform, which is vital to this project, are front and core as we work to improve the security, visibility, and flexibility of our manufacturing sector – both to strengthen US competitiveness and to prepare for future crises," Brown added.
MxD plans to develop a "rapid analysis tool" alongside other industry partners, including Software AG Government Solutions, to provide supply chain leaders and policymakers with the capacity to assess a wide range of value chain designs involving the pandemic.
In an emergency, this aims to improve supply chain resiliency and agility.
The aim of this collaboration, according to Business Wire, is to assist the DoD in "mapping existing supply chains to identify vulnerabilities, foreign dependencies, single-source suppliers, and identify alternate or indirect suppliers."
Tod Weber, CEO of Software AG Government Solutions, stated: "MxD continues to demonstrate the value of its partner ecosystem and its capacity to effectively mobilize to provide innovative solutions to the United States government and manufacturing sector.”
"We are proud to have been chosen by MxD and the DoD for such a vital project, and we look forward to continuing our collaboration with MxD in developing this critical capability.”
Emergent Cold Latin America | December 09, 2021
Emergent Cold Latin America (Emergent LatAm), Latin America’s newest temperature-controlled warehousing and logistics provider, and DP World, a global logistics company and one of the world’s largest marine terminal operators, announced their intention to partner on the development of two temperature-controlled logistics facilities within DP World Logistics Parks in Latin America. These developments will provide Emergent LatAm and DP World customers with a fully integrated supply chain solution.
The developments will be focused on two locations:
DP World Caucedo (Dominican Republic) is a world-class Logistics Hub and free trade zone located in Punta Caucedo, near the city of Santo Domingo. Caucedo is the newest and most modern port on the island, and a gateway for the Caribbean food trade.
Duran Logistics Center (Ecuador) began operations in September 2020 as part of a large investment in this important global trade market. Ecuador’s main export commodities include shrimp and bananas.
The parties have also committed to explore development activities in other DP World locations in Latin America to enhance their service offerings and further establish a cold-chain footprint.
“This partnership in these locations is an important step forward in our vision to build the highest quality cold storage network in Latin America. DP World is a major player in the region, and we share a commitment to growth in the global food trade. We look forward to working with DP World in delivering a more integrated solution to our customers in their locations.”
-Neal Rider, CEO of Emergent LatAm
“Partnering with Emergent Cold Latam allows us to jointly integrate the refrigerated supply chain of our customer’s and provide logistics solutions that simplify their supply chain.Emergent Cold LATAM fits perfectly with DP World’s Logistics service vision and strategy across the Latam region, enabling trade and expanding our logistics offerings.”
-Matthew Leech, CEO and Managing Director of DP World Americas Region
About Emergent Cold Latin America
Emergent Cold Latin America is building the highest quality cold storage network to provide integrated, end-to-end temperature-controlled logistics solutions to customers throughout Latin America. The Company was founded to fill a need for modern cold-chain solutions within the market and to serve the increasing demand from domestic and global trade customers.
About DP World
We are the leading provider of worldwide smart end-to-end supply chain logistics, enabling the flow of trade across the globe. Our comprehensive range of products and services covers every link of the integrated supply chain – from maritime and inland terminals to marine services and industrial parks as well as technology-driven customer solutions.
We deliver these services through an interconnected global network of 181 business units in 64 countries across six continents, with a significant presence both in high-growth and mature markets. Wherever we operate, we integrate sustainability and responsible corporate citizenship into our activities, striving for a positive contribution to the economies and communities where we live and work.
Our dedicated, diverse and professional team of more than 56,000 employees from 140 nationalities are committed to delivering unrivalled value to our customers and partners. We do this by focusing on mutually beneficial relationships – with governments, shippers, traders, and other stakeholders along the global supply chain – relationships built on a foundation of mutual trust and enduring partnership.
We think ahead, anticipate change and deploy industry-leading digital technology to further broaden our vision to disrupt world trade and create the smartest, most efficient and innovative solutions, while ensuring a positive and sustainable impact on economies, societies and our planet.