SUPPLY CHAIN
globenewswire | April 19, 2023
Leading real-time supply chain visibility company FourKites today announced a powerful new solution, FourKites Connect, that dramatically accelerates the carrier connectivity process from hours or even days to just minutes through a highly secure workflow. In addition to significant time and cost savings gained by eliminating the manual carrier onboarding process, shippers and their carrier partners enjoy the added benefits of higher-quality and more accurate data insights, together with a one-stop shop where brokers and carriers can manage asset assignment.
“As ELDs have become the industry standard, the need to connect to them effortlessly and with a high degree of trust has become a necessity,” said David Broering, President of Integrated Logistics Solutions at NFI. “FourKites Connect is the solution we’ve been waiting for to help quickly onboard new carriers at the ELD level, sparing their drivers the effort and pain associated with app-based tracking.”
As demand for real-time visibility continues to grow in response to ongoing supply volatility, the logistics industry is continually looking for opportunities to collaborate with partners rapidly and at scale to keep goods moving. Built specifically to facilitate collaboration at scale, FourKites Connect offers:
Rapid and automated ELD/GPS connectivity, so carriers can deliver higher-quality and more accurate tracking data to their shipper and LSP customers through their onboard devices.
Simplified processes for carriers to log in and connect to their device network(s).
Network scale that enables shippers and brokers to rapidly onboard thousands of carriers from one central platform. In addition, shippers can activate less-than-truckload (LTL) carriers in just a few simple steps.
Analytics and benchmarking tools to monitor the health of each integration and compare tracking quality against the rest of the FourKites network.
Shippers and brokers will use FourKites Connect to gain insight into the status of their partnerships, in turn delivering industry-leading data — including predictive estimated times of arrival (ETAs) — to the more than 2 million facilities where FourKites tracks wait times.
“Real-time visibility is a critical tool in providing a seamless delivery experience to our customers,” said Jillian Bourbina, Global Business Process Expert, Dow. “FourKites Connect empowers us to review the health of our carrier integrations and identify opportunities for improvements. We are excited to scale visibility throughout our broad carrier network, and provide our customers with real-time tracking and predictive ETAs.”
“FourKites has a long tradition of establishing the highest standards in supply chain data quality and rapid, reliable connectivity,” said Mathew Elenjickal, FourKites founder and CEO. “With FourKites Connect, we’ve raised the bar yet again with a state-of-the-art platform that brings simplicity, greater accuracy and massive scale to carrier onboarding.”
About FourKites
Leading supply chain visibility platform FourKites extends visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 3 million shipments daily across road, rail, ocean, air, parcel and last mile, and reaching over 200 countries and territories, FourKites combines real-time data and powerful machine learning to help companies digitize their end-to-end supply chains. More than 1,200 of the world’s most recognized brands including 9 of the top-10 CPG and 18 of the top-20 food and beverage companies trust FourKites to transform their business and create more agile, efficient and sustainable supply chains.
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SOFTWARE AND TECHNOLOGY
prnewswire | April 27, 2023
project44, the leading supply chain visibility platform, today announced the launch of a new artificial intelligence within project44's platform, Movement. Using the capabilities of generative AI, Movement GPT is a breakthrough enhancement that finally delivers on the decades-old promise of autonomous supply chains.
As the launch of ChatGPT has shown, generative AI has the potential to reshape entire industries, including the supply chain industry. However, generative AI is only as good as the data used to train it. project44 is uniquely positioned to deliver a capability like Movement GPT because of its unique dataset gathered from tracking 1 billion shipments representing $1 trillion in customer inventory across 181 countries. project44 is also the only visibility company to cover all modes and geographies within a single platform.
"For the first time, we are training generative AI models to become experts in supply chain," said Jett McCandless, project44 Founder and CEO. "We are thrilled to deliver Movement GPT to supply chain professionals to make their work more efficient and enable them to overcome the complexities of today's supply chains."
Since the company's inception, project44 has been a leader in data science and machine learning, with expertise in neural networks and deep learning technology. The company was quick to realize the transformative power large language models could bring to the supply chain and incorporated the technology into Movement. project44 incorporated top of the line security and followed best practices for the responsible use of AI.
For the first time, Movement GPT enables users to conversationally interact within the Movement platform giving them the ability to dynamically identify shipments using natural language, saving time, improving the overall user experience, and training models to become supply chain experts in the process.
One of the first capabilities released enables users to identify supply chain risks by conversationally interacting with Movement GPT. For example, a line of questioning might look like:
Show me all of my shipments impacted by weather in northern Europe
What is the value of the inventory of those shipments?
Where are those goods destined?
Do I have more reliable routing options for my next shipment?
This breakthrough enhancement brings a highly interactive and natural language interface to supply chain visibility, making it easier than ever for users to access essential information and manage their shipments. With the power of generative AI, project44's Movement platform becomes an even more robust and efficient tool for supply chain professionals.
project44 is committed to unlocking additional workflows and interactions through its intuitive interface. This release marks a significant milestone for the company and industry, as it leads the market in delivering the most advanced and user-friendly supply chain solutions.
Generative AI has the potential to transform the supply chain, finally creating the autonomous, self-repairing supply chain. Over the coming months, project44 will expand Movement GPT with additional capabilities, including the ability to automate tasks and generate analytics and insights.
About project44
project44 is on a mission to make supply chains work. As the supply chain connective tissue, project44 operates the world's most trusted end-to-end visibility platform that tracks more than 1 billion unique shipments annually for over 1,200 of the world's leading brands, including top companies in manufacturing, automotive, retail, life sciences, food & beverage, CPG, and oil, chemical & gas. Using project44, shippers and carriers across the globe drive greater predictability, resiliency and sustainability.
The undisputed leader in the market, project44 was named the Leader in the Gartner Magic Quadrant, #1 in FreightWaves FreightTech 2023, a seven-time leader in customer satisfaction on G2's Supply Chain Visibility Grid, one of SupplyChainBrain's 100 Great Supply Chain Partners of 2022, and the Customer's Choice in Gartner Peer Insights Voice of the Customer report. project44 is headquartered in Chicago with a diverse team spanning 23 global offices including Austin, Amsterdam, Kraków, Paris, São Paulo, Shanghai and Tokyo.
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TRANSPORTATION
businesswire | May 23, 2023
Kinaxis Inc. the authority in driving agility for fast, confident decision-making in an unpredictable world, announced today that Accell Group has deployed Kinaxis’ RapidResponse platform, digitally transforming its supply chain, providing solutions to supply chain complexities.
Based in Heerenveen, Netherlands, Accell Group is the European market leader in e-bikes and Europe’s second largest supplier of bicycle parts and accessories. The company is leveraging RapidResponse to gain the agility and flexibility needed to react to changes in demand and disruption.
“We knew that in order to remain a market leader, we needed a supply chain that could withstand disruption and adapt to change,” said Jon San Andres, Group Planning Director at Accell. “With Kinaxis we are able to gain complete visibility into our supply chain, and better plan for any scenario.”
With Kinaxis, Accell Group has end-to-end visibility of its supply chain, and the ability to balance all aspects of the demand and supply plans instantly and continuously, taking into consideration material restrictions, production capacity and market volatility. RapidResponse provides the ability to run multiple simulations and collaborate in real-time.
“We continue to see accelerating customer growth in European markets, and we understand the unique supply chain requirements they need,” said John Sicard, Kinaxis CEO. “We are excited to continue to work with Accell Group in bringing concurrent planning to its supply chain.”
The Accell and Kinaxis teams were supported by bluecrux, a value chain consulting company, with broad business experience in successful planning transformations. Accell, Kinaxis, and bluecrux blended into one team, efficiently melting cultures and methodologies. Bluecrux took on the role to dive into the Accell business context and processes, bridging across organization, process, RapidResponse and Accell systems. Bluecrux also supported Accell and Kinaxis in driving the data and change management streams, where high quality data sets and full user adoption are adding to the success of the project.
“Using their sound methodology on how to manage advanced planning solution implementations, bluecrux helped us taking the first step in the digitalization of our planning processes,” San Andres said. “Bluecrux is smoothly blending their business process experience, with their understanding of RapidResponse and their overall change management expertise.”
About Kinaxis Inc.
Everyday volatility and uncertainty demand quick action. Kinaxisdelivers the agility to make fast, confident decisions across integrated business planning and the digital supply chain. People can plan better, live better and change the world. Trusted by innovative brands, we combine human intelligence with AI and concurrent planning to help companies plan for any future, monitor risks and opportunities and respond at the pace of change. Powered by an extensible, cloud-based platform, Kinaxis delivers industry-proven applications so everyone can know sooner, act faster and remove waste.
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