DDC FPO | July 08, 2020
DDC FPO of The DDC Group has released a new report showcasing the findings of its recently conducted market research study, which investigated the changes in business priorities and operational spending throughout the freight landscape in response to the novel coronavirus pandemic ("COVID-19").The data featured in this comprehensive report, Adapting to a Pandemic: Freight Market Budget & Priority Shifts In 2020, was compiled from an industry survey responded to by executives and decision makers who preside over and represent manufacturers, warehousing and distribution centers, motor carriers, 3PLs or brokers, and freight technology providers.Over three-fourths (76.4%) of respondents have significantly shifted their planned spending activity for 2020 from their initial budgets due to the pandemic's impact on the supply chain. The report identifies the trending areas of impact within organizations, the degree of disruption, and to what initiatives dollars are being reallocated.
RiseNow | February 10, 2021
RiseNow, a client advocacy supply chain solution supplier serving the Global 2000 and Tealbook Inc., the "Trusted Source of Supplier Data," declares another reference and confirmed reconciliation association to give joining capacities to RiseNow customers through access to Tealbook's Supplier Intelligence Platform.
The two organizations each play a critical part in aiding enterprise procurement experts accomplish e-procurement change. By coordinating Tealbook's platform with RiseNow's supply chain counseling abilities, procurement clients will actually want to discover new providers, access precise, complete provider data, including variety spend, consistence, affirmations and that's just the beginning.
"The need for accurate and comprehensive supplier data continues to be a pain point for many of our integration customers," said Dave Bryan, Partner at RiseNow. "Whether enterprises are considering an ERP or a spend management solution to handle spend management needs, the Tealbook Supplier Intelligence Platform is a technology-agnostic data foundation that provides clean data and up-to-date information that powers e-procurement transformation. This partnership will enable RiseNow to better support our customers looking to integrate this data seamlessly into whatever technology they are currently using or planning to use."
About RiseNow, LLC
RiseNow is a client advocacy supply chain solutions provider serving the Global 2000 to middle markets, including Healthcare, Higher Education, Manufacturing, Life Sciences, Financial Services and Public Sector verticals. RiseNow has a diverse team of enterprise systems experts covering a wide range of platforms and services, including: Cloud Spend Management Implementations & Integration, Healthcare Consolidated Service Center Solutions, Procurement Transformation & Change Management, Strategic Sourcing Solutions and Education, Warehouse & Distribution Management Solutions, and Inventory Management & Point-of-Use Solutions. RiseNow has successfully partnered and delivered value for hundreds of organizations such as PPG, IBM, Dell, The California State University, Advent Health, Jones Lang Lasalle, Endo Pharmaceuticals, Indiana University, Trinity Health, and Kaiser Permanente. For more information, visit www.risenow.com.
Tealbook is a Big Data company that provides a platform to fix enterprise supplier data forever. Tealbook does this through proprietary Autonomous Data Enrichment technology which proactively captures and maintains changing supplier information. In addition, Tealbook provides a data foundation that can be leveraged by other eProcurement solutions to ensure these larger investments are successful. Tealbook has been adopted by Fortune 100 companies across multiple sectors and is the winner of many prestigious awards including Spend Matters 50 Vendors to Watch, Gartner's Cool Vendor, CIX Most Innovative Company and Most Upside Potential by C100. Tealbook's mission is to deliver a 'Trusted Source of Supplier Data' to an ever-growing procurement space.
Convoy | June 30, 2021
Convoy, the nation's most efficient digital freight network, and Flexport, the global logistics platform, have announced a long-term strategic collaboration to provide end-to-end shipment automation over land, sea, and air. The collaboration utilizes Flexport's international client base and Convoy's North American carrier network to provide seamless logistics services to customers while expanding business capabilities for both companies through a new shared data exchange that seamlessly integrates shipments across both platforms.
Shippers have traditionally struggled to track shipments across a patchwork of logistics companies and digital solutions as their freight travel from international to local destinations.
Customers will be able to transfer their products through international and domestic transportation using the Flexport platform due to this collaboration. Capturing all communication, data, and reporting in one place will increase operational efficiency, providing clients with an end-to-end perspective of their supply chain and assisting them in better understanding total landed cost from purchase order to inception to final delivery. Customers with a complete understanding of their supply chain spend can make more educated and dynamic choices to guarantee their freight gets to where it needs to go as effectively and as quickly as possible.
Both companies have agreed to contribute to the consolidated platform, which will offer competitive and comprehensive end-to-end solutions while decreasing friction and enhancing service delivery via a multi-phased approach to complete system integration. As part of the collaboration:
• Flexport gets access to Convoy's extensive carrier network, as well as greater integration with Convoy's products and services, allowing Flexport to expand its truckload service options and provide visibility to customers once goods arrive at domestic ports.
• Convoy will connect directly with Flexport's operational dashboard, Transmission, and its network of international clients to expand its domestic market.
• Shippers will be able to book end-to-end loads directly on the Flexport platform, with truckload delivery services powered by Convoy.
This announcement comes at a pivotal moment in the shipping industry's reaction to unprecedented global trade challenges on land, sea, and air. The collaboration builds on Convoy and Flexport's existing strong collaborations to provide international shippers with more visibility and a better customer experience while eliminating waste in the supply chain. Flexport adopted Convoy's self-service shipper platform for transactional freight in 2018, marking the beginning of the two technology companies' collaboration. Convoy developed dedicated Flexport assistance over time to implement Convoy's technology and services for contractual and non-contractual freight, drop and hook and live loads. Convoy, in turn, has used Transmission to connect with Flexport's internal operations teams and clients, resulting in a more seamless experience and end-to-end supply chain visibility.
Convoy is the most efficient digital freight network in the country. Every day, we transport hundreds of truckloads across the country through our efficient, linked network of carriers, saving shippers money, boosting earnings for drivers, and reducing carbon waste for our planet. We utilize technology and data to solve waste and inefficiency issues in the $800 billion trucking industry, which produces over 87 million metric tons of CO2 emissions from empty trucks. Fortune 500 shippers like Anheuser-Busch, P&G, Niagara, and Unilever rely on Convoy to save costs, improve logistical efficiency, and meet environmental sustainability goals.
We think that trade can help the human race progress. That is why it is our goal to make global commerce as simple as possible for everyone. Flexport is developing a global logistics platform that will provide buyers, sellers, and logistics partners with the technology and services they need to grow and innovate. Flexport technology is being used by companies of all sizes, from emerging brands to Fortune 500 companies like Georgia-Pacific, Sonos, and Bombas, to transport more than $10 billion in merchandise across 112 countries every year.