Finn Partners rolls out supply chain, logistics team

prweek | May 17, 2016

Finn Partners rolls out supply chain, logistics team
Finn Partners has launched a supply chain and logistics technology team, led by Sabrina Horn, managing partner of its tech practice, and partner Casy Jones.Horn said the practice is one of the few dedicated to supply chain and logistics issues. It has about 20 staffers and works on eight accounts."We designated that supply chain and logistics was a key market for us even last year. We think it's a hot market in the b-to-b space," Horn said. "It's a market that hasn’t gotten as much attention as I think it deserves."The team is a subset of Finn’s technology practice. Jones will lead its day-to-day operations under the direction of Horn.

Spotlight

What does Inventory Optmization mean in your Business? Even for supply chain professionals, the term "Inventory Optimization" conjures up many meaning depending on each individuals background, training, discipline and even type of Business.

Spotlight

What does Inventory Optmization mean in your Business? Even for supply chain professionals, the term "Inventory Optimization" conjures up many meaning depending on each individuals background, training, discipline and even type of Business.

Related News

SUPPLY CHAIN

Blume Global Announces New Investment by Bridgepoint

Blume Global | September 16, 2021

Blume Global, a leading provider of supply chain execution and visibility technology, today announced it has raised new equity from London-based Bridgepoint Group. This investment will further the company's effort to bring its truly innovative and transformational supply chain digitization to the industry. This latest funding values Blume Global at $500 million, and Bridgepoint joins funds managed by affiliates of Apollo Global Management and EQT as equity investors in the company. Launched in 2018, Blume Global provides a cloud-first, intelligent operating platform that orchestrates global supply chain processes through a digital map of the supply chain world for thousands of customers. By digitizing and transforming supply chains around the world, enabling shippers (buyers and suppliers), logistics service providers and carriers to work together on a common data driven platform to reduce waste and inefficiencies through visibility, automation and optimization. In 2021, Blume Global has continued its high-growth trajectory, with more than 100% annual bookings growth YTD. The company has added more than 100 employees since January in the United States, Hong Kong, Europe and India. With this new equity capital, the company expects to make additional investments in R&D and go-to-market functions, positioning Blume to continue creating a truly transformative and sustainable platform for global supply chains. "When we launched Blume Global in 2018, we saw an opportunity to build a cloud-based digital operating platform for global supply chains that leverages modern technologies and machine learning to optimize and automate operations," said Pervinder Johar, CEO, Blume Global. "Since then, we have only seen increased demand for a supply chain transparency and orchestration platform like ours. We are thrilled by this new investment from Bridgepoint Group to help fund our continued growth." Rohit Dhote, Managing Director at Bridgepoint Credit, commented: "Solving supply chain complexity and providing visibility into the movement of goods has never been more business critical. Blume Global is at the forefront of enabling multi-modal supply chains through its leading, cloud-based order management, TMS and real-time visibility solutions. We're excited to partner with Blume Global, its management team, Apollo and EQT to support the company through its next stage of growth." Blume Global's mission to reduce $1 trillion of waste from global supply chains, lower carbon emissions and democratize technology for millions of small to medium businesses that make global supply chains work is resonating in the industry. There are more than 10,000 companies on Blume Global's platform, including some of the largest shippers, ocean carriers, railroads and global freight forwarders. Justin Korval, Partner at Apollo, said, "Blume Global provides companies with business-critical supply chain and logistics solutions playing an important role in creating a more sustainable global supply chain. We're pleased to support Pervinder and the Blume Global team as they continue to scale the business and welcome additional blue-chip investors like Bridgepoint." In the transaction, J.P. Morgan Securities LLC served as the sole placement agent and Cooley LLP as legal counsel to Blume Global. Sidley Austin LLP was legal counsel to Bridgepoint, and Paul, Weiss, Rifkind, Wharton & Garrison LLP was legal counsel to the Apollo Funds. About Blume Global  The supply chain technology provider Blume Global aims to remove $1 trillion of waste from the global supply chain, making logistics processes more agile, dependable and sustainable with innovative logistics execution and visibility solutions. Blume's digital platform goes beyond the transportation management status quo, empowering users to quickly predict the impact of disruptions and react in real time before minor issues become major problems. With one of the most extensive networks among logistics technology providers, Blume Global's direct connectivity to the ocean, air, rail, parcel, LTL and truckload carriers combines with Blume Global's solutions and 27 years of industry data to give customers the intelligence needed to maximize transportation spend, improve customer service and reduce carbon emissions. About Bridgepoint Bridgepoint Group PLC is the world's leading quoted private assets growth investor focused on the middle-market with €27 billion AUM and a local presence in the US, Europe and China. We specialize in private equity and private credit and invest internationally in six principal sectors – Business Services, Consumer, Financial Services, Medtech & Pharma, Advanced Industrials and Tech & Media.

Read More

LOGISTICS

XPO Logistics Splits into Two Independent Companies

XPO Logistics | December 03, 2020

XPO Logistics will part into two independent organizations, as indicated by a announcement Wednesday. The move is set to be finished in the second half of 2021. At the point when the move is finished, one entity, called XPORemainCo, will be a worldwide LTL carrier and transport broker. The other, called NewCo, will be a contract logistics provider, the declaration said. Each is required to exchange on the New York Stock Exchange. Bradley Jacobs will serve as chairman and CEO of XPORemainCo and will become chairman of the NewCo board, and Troy Cooper will serve in as president, ought to the spinoff be finished as arranged.

Read More

Transplace Acquires LeanCor Supply Chain Group

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 Lanehub and ScanData, the LeanCor purchase is our third significant acquisition this year. Our goal is to advance the Transplace platform, through both innovation and acquisition, so that we can strengthen logistics performance of all shippers in our community with advanced technology, domain expertise and scale. The two companies share a culture of customer first and people always, and we know that all stakeholders will see immediate benefits from the combination.

Read More