SOFTWARE AND TECHNOLOGY,OPERATIONS,SUPPLY CHAIN
AWS | November 30, 2022
At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced AWS Supply Chain, a new application that helps businesses increase supply chain visibility to make faster, more informed decisions that mitigate risks, lower costs, and improve customer experiences. AWS Supply Chain automatically combines and analyzes data across multiple supply chain systems so businesses can observe their operations in real-time, find trends more quickly, and generate more accurate demand forecasts that ensure adequate inventory to meet customer expectations. Based on nearly 30 years of Amazon.com logistics network experience, AWS Supply Chain improves supply chain resiliency by providing a unified data lake, machine-learning-powered insights, recommended actions, and in-application collaboration capabilities.
In recent years, supply chains have experienced unprecedented supply and demand volatility accelerated by widespread resource shortages, geopolitics, and natural events. These disruptions put pressure on businesses to plan for potential supply chain uncertainty, respond quickly to changes in customer demand, and keep costs low. When businesses inadequately forecast for supply chain risks—such as component shortages, shipping port congestion, unanticipated demand spikes, or weather disruptions—they face excess inventory costs, or stockouts that cause poor customer experiences. To gain visibility into their supply chain network, businesses must build custom integrations that can access and process data across an array of enterprise resource planning (ERP) and supply chain management systems. These projects introduce expensive third-party engagements and long-term development cycles, and they struggle to detect patterns that reveal supply chain problems as they occur. Without real-time context, businesses rely on outdated information or best guesses that make it difficult to respond effectively to unexpected issues. Even when a business has identified the most impactful problems and decided what to do next, supply chain teams often coordinate the resolution across multiple phone calls and emails—without all the needed information to resolve the issue. As a result, businesses are less prepared to respond to supply chain risks that impact customer promises and operational costs.
AWS Supply Chain is an application that improves supply chain visibility and provides actionable insights to help businesses optimize supply chain processes and improve service levels. Customers can easily set up a unified supply chain data lake using AWS Supply Chain’s built-in connectors, which use pre-trained machine learning models based on Amazon.com's nearly 30 years of supply chain experience, to understand, extract, and aggregate data from ERP and supply chain management systems. AWS Supply Chain then contextualizes that information in a real-time visual map highlighting current inventory selection and quantity at each location. Inventory managers, demand planners, and supply chain leaders can view machine learning-generated insights for potential inventory shortages or delays, and create watchlists to receive alerts to take action as risks appear. Once a risk is identified, AWS Supply Chain will automatically provide recommended actions, such as moving inventory between locations, to take based on the percentage of risk resolved, the distance between facilities, and the sustainability impact. Teams can solve problems and collaborate using built-in chat and messaging functionality. With AWS Supply Chain, businesses can more accurately anticipate supply chain risks, take inventory rebalancing actions quickly to save costs, and meet customer expectations.
“Customers tell us that the undifferentiated heavy lifting required in connecting data between different supply chain solutions has inhibited their ability to quickly see and respond to potential supply chain disruptions, AWS Supply Chain aggregates this data and provides visual, interactive dashboards that provide the insights and recommendations customers need to take actions toward more resilient supply chains. And this is just the beginning—we will continue our investment in AWS Supply Chain to help our customers solve their toughest supply chain problems.”
-Diego Pantoja-Navajas, vice president of AWS Supply Chain
AWS Supply Chain is available in preview today in U.S. East (N. Virginia), U.S. West (Oregon), and Europe (Frankfurt), with availability in additional AWS Regions coming soon.
Through the Accenture AWS Business Group and as a key partner, Accenture works closely with AWS to combine their resources, technical capability and industry knowledge to help enterprises unlock innovation, drive business value and support growth through cloud adoption and transformation. “As supply chain disruptions continue for the foreseeable future, companies need to stay focused on balancing cost efficiency, sustainability and relevancy across their supply networks to support growth. Executing a cloud-based digital strategy can enable an agile, resilient supply chain that is responsive to market changes and customer demands,” said Kris Timmermans, global supply chain & operations lead at Accenture. “We will leverage AWS Supply Chain across our supply chain offerings, including our SynOps platform, to bring pre-built solutions that allow companies to move at speed, delivering automation into complex processes to realize value faster.”
Lifetime Brands is a leading global provider of kitchenware, tableware, and other products used in the home under well-known brands like Farberware, KitchenAid, Sabatier, Swell, and Amco Houseworks. “Our global focus and multi-tier access to customers motivates us to continually look for ways to increase our forecast accuracy so that we can better position supply in anticipation of our customers’ orders, said Cliff Siegel, executive vice president of Global Supply at Lifetime Brands. We are delighted that AWS Supply Chain demonstrated a significant improvement in our statistical forecast baseline. We are keenly interested in leveraging the supplier lead time insights from AWS Supply Chain to further improve our customer fill rates.
Traeger Grills is a leading provider of smokers, grills, and barbeque products. At Traeger, our mission is to bring people together to create a more flavorful world. Yet, the last several years have put unprecedented supply chain pressure on our ability to keep pace with customer demand in distributing the world’s No. 1 wood-fired grill, said Bryan Carey, head of operations and analytics at Traeger Grills. We are excited to have a solution that helps us make nimble rebalancing decisions based on supplier inventory and customer orders. By leveraging AWS Supply Chain we have been able to increase the accuracy of order forecasts by more than 35%.
Whole Foods Market, a leading natural and organic foods retailer, operates more than 525 stores in the U.S., Canada, and the UK. We wanted a better view of when new inventory would arrive at our distribution centers nationwide,” said Leandro Balbinot, chief technology officer and senior vice president at Whole Foods Market. “AWS Supply Chain combined data from our existing systems without disrupting them. AWS Supply Chain’s visual map then made it easy to see product-level inventory movement in real time. We expect AWS Supply Chain’s integrated view and predictive planning analytics to materially improve inventory management at our distribution centers.
About Amazon Web Services
For over 15 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud offering. AWS has been continually expanding its services to support virtually any cloud workload, and it now has more than 200 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 96 Availability Zones within 30 geographic regions, with announced plans for 15 more Availability Zones and five more AWS Regions in Australia, Canada, Israel, New Zealand, and Thailand. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.
3E | December 13, 2022
3E, the leading global provider of intelligent compliance solutions for chemical and workplace safety, product stewardship and sustainable supply chains, announced the acquisition of Toxnot, a software as a service (SaaS) platform that enables product compliance and sustainability within supply chains. The acquisition supports 3E’s continued investment in its suite of supply chain compliance offerings, enabling companies to better solve their increasingly complex supply chain challenges.
Toxnot meets the growing need of corporations across the globe for supply chain compliance. The company’s modern and flexible platform facilitates the collection, management and sharing of information across value chains, enabling compliance, sustainability reporting, circularity and supply chain management. Toxnot has gained significant traction across multiple sectors, such as the manufacturing and technology industries.
“Our goal at 3E has always been to make the world a safer place through innovative compliance solutions, In Toxnot, we found a partner with a market leading SaaS offering focused on our shared vision of achieving sustainability across global supply chains. This acquisition of Toxnot marks an important step in our ambitious growth agenda.”
-Greg Gartland, CEO of 3E
The Toxnot platform allows customers to proactively manage their increasingly complex supply chains and better handle their expanding global regulatory compliance needs. Toxnot allows users to create digital product passports that can be shared with participants across the entire value chain – both upstream and downstream participants – via the Toxnot Exchange. The Toxnot Exchange allows suppliers to have complete control over how much data is shared, and who it is shared with. Downstream manufacturers can then leverage the data to screen for chemical hazards and design safer, more sustainable products.
We’re excited to join 3E and bring our platform to a larger audience, 3E has a strong reputation of delivering innovative compliance solutions and we look forward to working together to provide even better outcomes for our customers. Coupling our flexible and scalable software solution with 3E’s deep regulatory domain expertise enables us to advance our mission of empowering clients to achieve compliance today, sustainability tomorrow and circularity forever.
Bill Hoffman, co-founder and CTO of Toxnot, said, We’re thrilled to join 3E. They have the scale and resources to help us take Toxnot to the next level, and we're excited to work with them to accelerate the pace of innovation in providing supply chain transparency across global supply chains. Both Toxnot and 3E’s customers will benefit from the combination of technology, expertise, and scale.
Shearman & Sterling LLP served as the legal advisor to 3E. Moulton Law Group served as the legal advisor to Toxnot.
Toxnot works with global manufacturers and suppliers to help the world design and build better products. The Toxnot Exchange software platform can ultimately be used to clean up the toxic chemicals in our world’s supply chains. Together with industry the company is leading a movement to disrupt the notoriously complex supply chain chemical hazard landscape and build creative solutions for businesses of all kinds. Learn more at www.Toxnot.com.
For more than 30 years the world’s leading companies have trusted 3E to provide the intelligent compliance solutions they need to ensure safety and sustainability. Unmatched Environmental, Health, Safety and Sustainability (EHS&S) and product compliance expertise empowers clients to improve chemical and workplace safety, product safety and stewardship and supply chain transparency. 3E is deeply committed to serving its more than 5,000 customers worldwide, representing a wide variety of industries and including the world’s largest chemical manufacturers, retailers and pharmaceutical companies. Learn more at www.3ECo.com.
Descartes | January 24, 2023
On January 23, 2023, Descartes Systems Group, which provides solutions for logistics-intensive businesses, announced that Topps Tiles, a UK-based tile retailer, is using Descartes' cloud-based route optimization and planning solution to boost fleet delivery capabilities. Topps Tiles is reducing the average kilometers driven per delivery route by 2% through its collaboration with Descartes. The solution also helps Topps Tiles identify the potential impact of delivery strategy changes.
Descartes' route planning and optimization solution is an aspect of its Routing, Mobile, and Telematics suite. It assists in lowering costs with more efficient and agile routing, enhancing fleet resource management by generating increased delivery capacity, and growing sustainability by reducing their CO2 footprint and paper use across the route network.
Companies can use strategic route modeling to understand and refine their customer service and delivery strategies before implementing them. Descartes' mobile application aids drivers in completing their daily routes, keeps managers informed of progress, and provides an accurate estimated time of arrival (ETA) to alert customers of their deliveries. In addition, real-time mobile communication allows proof of delivery (POD) functionality support that facilitates excellent customer service and order accuracy.
Pól Sweeney, VP of Fleet Sales in Europe at Descartes, said, "Topps Tiles' long-term success is based upon its ability to continually provide customers with a superior shopping experience while offering cost competitive pricing." He added, "We're delighted to help Topps Tiles minimize its operational costs today through our route planning and optimisation solution and in the future with our strategic route modelling capabilities."
(Source – GlobeNewswire)
About Descartes Systems Group
Based in Waterloo (Ontario), Descartes offers software-as-a-service solutions that improve the productivity, security, and performance of logistics-intensive businesses. Customers work with one of the world's largest, collaborative multimodal logistics community to carry out various tasks, including routing, scheduling, tracking, and measuring delivery resources; planning, allocating, and executing shipments; rating, auditing, and paying transportation invoices; and completing many other logistics processes. As a result, the company helps safely and securely get assets, information, inventory, and people where and when needed.