SOFTWARE AND TECHNOLOGY,LOGISTICS
IBS Software | August 25, 2022
Brunei Shell Petroleum (BSP) has announced a partnership with IBS Software to deploy the full suite of IBS' next generation cloud-based personnel logistics and accommodation technology platform - iLogistics.
This partnership will enable BSP to transform end-to-end people logistics operations of close to 35,000 monthly passenger movements by helicopters, boats and ground, and Personnel On Board (POB) accommodations at over 200 offshore installations in the South China Sea.This integration of iLogistics technology platform solutions will power BSP to optimize logistics spend, reduce logistics emissions, improve operational safety, ensure offshore travel compliance, and provide end-to-end people supply chain visibility.
iLogistics cloud technology will further accelerate BSP's digital transformation journey focused on delivering business value, reducing IT spend and building a collaborative eco-system of suppliers and service providers. The software will also support BSP with its worldwide strategic initiatives, upholding its Safety-First culture and maintaining its relentless focus on Goal Zero.
This new partnership builds upon the long-time relationship between Shell and IBS Software, working closely on logistics technology innovations including the successful deployment of iLogistics Check-In App in 2021, which enables real time personnel tracking using RFID technology.
"iLogistics is helping energy customers to accelerate upstream supply chain decarbonization and overcome offshore logistics challenges while reducing logistics spend, improving personnel safety and minimizing logistics emissions. We are proud to partner with BSP to accelerate the logistics digital transformation and help Shell achieve its business goals."
-Remasankar Sivasankaran Nair, Vice President of Energy & Resources Logistics, IBS Software
About IBS Software
IBS Software is a leading SaaS solutions provider to the travel industry globally, managing mission-critical operations for customers in the aviation, tour & cruise and hospitality industries. IBS Software's solutions for the aviation industry cover fleet & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel and air-cargo management. IBS Software also runs a real time B2B and B2C distribution platform providing hotel room inventory, rates and availability to a global network of hospitality companies and channels. For the tour and cruise industry, IBS provides a comprehensive, customer-centric, digital platform that covers onshore, online and on-board solutions and IBS provides logistical solutions for the energy & resources industry. IBS Software is a Blackstone portfolio company and operates from 15 offices across the world. Further information can be found at https://www.ibsplc.com/.
About Brunei Shell Petroleum
Brunei Shell Petroleum (BSP) is an upstream business, and its core activities include exploring for and producing oil and gas from onshore and offshore fields for domestic use and export to international markets.Today BSP is the largest oil and gas company in Brunei Darussalam. It remains the backbone of Brunei's economy and a major contributor to the nation's oil and gas revenue and export earnings, supporting the growth and development of the country. Further information can be found at https://www.bsp.com.bn/.
Flock Freight | July 21, 2022
Flock Freight®, a technology company that is reinventing freight shipping with its patented shared truckload service, announced it has expanded its C-suite with three new executives: Orlando Baeza as its new chief marketing officer (CMO), Pat Dillon as its new chief financial officer (CFO), and Justin Turner as the newly appointed chief revenue officer (CRO). As disruption in the global supply chain continues to challenge businesses of all sizes, Baeza, Dillon, and Turner will help Flock Freight continue to fundamentally change the way freight moves for the world's shipper and carrier operations ranging from large enterprises to small- and medium-sized businesses, and accelerate the firm's growth.
Baeza has a 15-year career in marketing focused on high-growth technology companies. He was previously CMO for technology startups BuzzFeed and Kajabi, and has executed first-of-their-kind marketing initiatives for notable brands including Nike, Adidas, Paramount, and Activision. Baeza has been recognized on lists such as Forbes' 2015 "30 Under 30" and Brand Innovators' 2017 "40 under 40." At Flock Freight, Baeza will be responsible for expanding the company's global brand presence as a proven solution to the broken supply chain.
"Flock Freight set out to reduce waste and inefficiency in the supply chain and its innovative shared truckload freight shipping service has made a monumental impact on the world already, As a marketing executive joining a transformational company that has already proven we can move freight in a smarter way at scale, I can't wait to scale the Flock brand. Its values resonate with many around the world and I'm thrilled to join a team that values its people and culture just as much as the real-world changes it has the potential to make."
-Orlando Baeza, Flock Freight CMO.
Dillon is an experienced CFO and former investment banker with more than 15 years of experience focused on the intersection of advanced technologies and the industrial world. Prior to Flock Freight, Dillon held roles at Morgan Stanley and TuSimple, the world's first publicly listed autonomous vehicle company. "I've been fascinated by emerging technology throughout the span of my career and am excited to join a company that has created an entirely new method to move freight, which is more critical than ever as we see crushing supply chain bottlenecks and the impact they have on people everywhere," said Dillon.
Prior to joining Flock Freight, Turner was the vice president of sales for $1.2B logistics provider, GlobalTranz, as well as a sales leader at Coyote Logistics, a $3 billion freight company. Turner also helped grow an Atlanta startup called STORD 15x in the span of 18 months, resulting in a $12.3 million series A funding round led by Kleiner Perkins as well as the company's expansion into freight. He has been with Flock Freight since September of 2019, initially hired on as the company's senior vice president of sales and customer success.
I'm obsessed with scaling high-growth teams, and I've been lucky enough to get to work with the powerful team at Flock Freight over the last two years. As I step into this new role as CRO, I'll continue growing on the momentum we've built around global customer acquisition, retention, and end-to-end customer lifecycle management, Turner said.
"We're proud to expand our C-suite with a seasoned marketer, a financial expert, and an executive who has already made a significant impact on our business growth over the last two years, The supply chain has been broken for quite some time, and we've set some audacious goals for Flock Freight this year for continued triple-digit growth to continue to help spread the word about how we can help fill more of the world's trucks, ensure freight is delivered efficiently and without damage, and reduce carbon emissions, all while putting more money into drivers' pockets."
-Oren Zaslansky, founder and CEO at Flock Freight.
Flock Freight is the first company to figure out how to pool shipments at scale, creating opportunities for shippers and carriers the industry has never seen. Its guaranteed shared truckload (STL) solution - FlockDirect™ - solves the pain points of traditional shipping modes by fundamentally changing the way freight moves. STL places shipments (from multiple shippers) that are traveling on a similar route onto the same truck, optimizing the best possible route so freight never loads or unloads between pickup and delivery, minimizing potential delays and damage. FlockDirect™ fills trucks to capacity, and reduces the cost of shipping midsize freight, which maximizes carriers' earnings, eliminates unnecessary mileage, and contributes to a more sustainable supply chain.
About Flock Freight
Flock Freight has been reinventing freight shipping since 2015. Flock Freight leverages its advanced, first-to-market algorithms that pool shipments and fill trucks at scale to create a new standard of service for shippers and increase revenue for carriers. Flock Freight's patented shared truckload solution eliminates the need for terminals and is the only carbon-neutral shipping option with all emissions accounted for through carbon offsets supporting freight-related efficiency projects. Flock Freight was recently recognized on the CNBC Disruptor 50 and TIME's Most Influential Companies in the World lists.
SOFTWARE AND TECHNOLOGY,FREIGHT
Körber | July 25, 2022
Körber has signed a definitive agreement to purchase enVista's Enspire Commerce™ platform and its Freight Audit and Payment (FAP) service. enVista's capabilities expand Körber's portfolio to enable businesses to deliver upon ever-increasing consumer expectations in today's highly competitive omnichannel landscape.
Meeting today's consumer expectations requires digitization and integrated processes from order capture through to final delivery. With this acquisition, Kӧrber becomes a single, global provider of omnichannel commerce, fulfillment and transportation software. By combining Kӧrber's unique depth of software with enVista, organizations have a simple, compelling means of aligning and digitizing commerce and supply chain operations end-to-end.
"Körber is the trusted fulfillment and distribution technology partner for thousands of organizations worldwide, Acquiring enVista's commerce platform enables our customers to manage the life cycle of the order from multiple demand sources and network-wide inventory. The freight audit and payment service provides a single source of transportation visibility and tracking typically not available in ERP or TMS solutions. This, with the addition of enVista CEO Jim Barnes and 400 commerce and transportation experts, furthers our ambition to be a global supply chain software champion through an integrated solution suite."
-Chad Collins CEO Software, Körber Business Area Supply Chain.
enVista's Order Management System (OMS), part of the Enspire Commerce platform, enables order visibility across channels and actionable data. These capabilities are heightened when used in tandem with Kӧrber's fulfillment solutions. As a result, customer demands are met in real time. Furthermore, the microservices-based, API-first, headless architecture enables rapid integration and scale – once again bolstered when integrated with Kӧrber's cloud-based solutions.
The full functionality of enVista's Enspire Commerce platform goes beyond OMS. It spans order orchestration, enterprise inventory availability, store fulfillment, customer care, dropship, marketplaces, subscriptions, product information management (PIM), point of sale/mobile point of sale (POS/mPOS), mobile fulfillment and shipment experience management.
enVista's FAP service will complement the business' OMS and WMS capabilities to provide unparalleled new levels of last-mile profitability, control, intelligence and customer experience. By providing a single source of transportation visibility while simultaneously optimizing and governing transportation spend, enVista and Körber empower tomorrow's supply chains to fully unlock the value of their transportation activities.
"Leading retailers, distributors and brands realize commerce and supply chain solutions must integrate and digitize, Our next-generation omnichannel commerce and FAP solutions, combined with Körber's order fulfillment capabilities, deliver the seamless omnichannel brand experiences consumers expect. Körber's global sales, implementation and support capabilities will strengthen enVista offerings, providing new levels of value, competitive advantage and market momentum. I look forward to bringing my 30 years of experience in supply chain and commerce to the team."
-Jim Barnes, CEO at enVista.
enVista is one of "Seven Providers That Matter Most" in the Forrester 2021 OMS Wave Report. They are consistently named in the Gartner Market Guides for FAP Providers and DOM Solutions. Kӧrber's WMS has been named a Leader in the Gartner Magic Quadrant for Warehouse Management Systems a 4th consecutive year. Körber's global reach will increase with enVista's significant presence in North America, the UK, India and APAC.
This announcement follows KKR's acquisition of a significant minority stake in Körber's supply chain software business in March 2022. Learn more here.
The transaction is subject to customary closing conditions and regulatory approvals.
About Körber Business Area Supply Chain
Supply chains are growing more complex by the day. Körber uniquely provides a broad range of proven, end-to-end supply chain solutions fitting any business size, strategy or appetite for growth. Our customers conquer the complexity of the supply chain thanks to our portfolio that includes software, automation, mail and parcel solutions, voice solutions, robotics and material handling – plus the expertise to tie it all together. Körber helps to manage the supply chain as a competitive advantage. Conquer supply chain complexity – with Körber. The Business Area Supply Chain is part of the global technology group Körber, an international technology group with about 12,000 employees and more than 100 locations worldwide. Find out more on www.koerber-supplychain.com
enVista is a global software, consulting, managed services and automation firm, optimizing and transforming physical and digital commerce for the world's leading manufacturers, distributors, 3PLs/LSPs, and omnichannel retailers. enVista uniquely optimizes and transforms physical and digital commerce – optimizing supply chain efficiencies to drive cost savings, and unifying commerce to drive customer engagement and revenue. These comprehensive capabilities, combined with enVista's market-leading Unified Commerce Platform, Enspire Commerce and the firm's ability to consult, implement and operate across supply chain, transportation, IT, enterprise business solutions and omnichannel commerce, allows mid-market and Fortune 100/5000 companies to leverage enVista as a trusted advisor across their enterprises. Consulting and solutions delivery are in our DNA. Let's have a conversation™. www.envistacorp.com