6 River Systems upgrades its robotic fulfillment solution

6 River Systems | September 25, 2020

6 River Systems has made a series of enhancements to its robotic fulfillment solution. 6 River, part of e-commerce platform provider Shopify, revealed the upgrade during its second annual user conference, FLOW 2020. David Vallance, director of product at 6 River Systems, says: “We have developed a strategic product roadmap at 6RS to find and address the next level of efficiencies to help our customers meet ever-changing demand and drive value to their own customers. “We’ve grown from providing picking robots to supporting inbound to outbound tasks within the four walls of the warehouse. Our latest set of enhancements are another exciting step forward in the evolution of our company and our industry.” To provide more visibility into operations and increase efficiency, 6RS developed The Bridge, an overarching tool that connects the data from what’s happening on the ground in a physical warehouse operation to an intuitive cloud-based control center. This tool gives customers the ability to fine tune and control each aspect of their operation and optimize their warehouse to meet the unique needs of the business by leveraging the following features:

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SOFTWARE AND TECHNOLOGY, SUPPLY CHAIN

o9 Solutions Platform Enables the High Performance Metals Division of voestalpine To Digitally Transform Its Global Supply Chain Capabilities

o9 Solutions | November 01, 2022

o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making, announced that its AI-powered Digital Brain platform had been selected by the High Performance Metals Division of the voestalpine Group, a globally-leading steel and technology group with a unique combination of materials and processing expertise. voestalpine is a leading global partner providing products and system solutions to automotive, consumer goods, aerospace, and oil & gas industries. Its High Performance Metals Division focuses on the production and processing of high-performance materials and customer-specific services. The division is the global market leader in tool steel and one of the leading suppliers of other products made of high-performance materials. voestalpine will deploy the o9 Digital Brain platform to transform its end-to-end supply chain planning capabilities globally.The cloud-native o9 platform was selected for its innovative integrated planning capabilities and the openness and scalability of the platform. The o9 Digital Brain platform will enable voestalpine to gain global end-to-end visibility across its supply chain and conduct real-time demand scenario planning and evaluate multiple scenarios, allowing the company to make smarter, data-driven business decisions. The o9 platform will enable our supply chain and resource planning teams more reliable decisions much earlier by using intelligent forecast and what-if scenario planning capabilities. The platform stood out due to its innovative qualities and unique capabilities to improve our supply chain resilience and help our business grow. We look forward to continuing the digital transformation of our supply chain with o9’s platform, said Dr. Reinhard Nöbauer, Member of the Management Board of voestalpine High Performance Metals GmbH. “We are pleased that voestalpine has selected the o9 Digital Brain platform to transform its supply chain planning capabilities, The o9 Digital Brain platform will help voestalpine gain end-to-end visibility, helping the company to make informed decisions regarding their supply chain planning and to respond quickly to changing market conditions.” -Chakri Gottemukkala, CEO of o9 Solutions. About o9 Solutions, Inc. o9 Solutions is a leading AI-powered platform for integrated business planning and decision-making for the enterprise. Whether it is driving demand, aligning demand and supply, or optimizing commercial initiatives, any planning process can be made faster and smarter with o9’s AI-powered digital solutions. Bringing together technology innovations—such as graph-based enterprise modeling, big data analytics, advanced algorithms for scenario planning, collaborative portals, easy-to-use interfaces and cloud-based delivery—into one platform. For more information, please visit www.o9solutions.com. About High Performance Metals Division of voestalpine The voestalpine Group’s High Performance Metals Division focuses on producing and processing high-performance materials and customer-specific services such as heat treatment, high-tech surface treatments, and additive manufacturing processes—increasingly using digital technologies. Thanks to its unique sales and service network, the division offers its customers material availability and processing as well as local points of contact at about 140 sites around the world. The High Performance Metals Division is the global market leader for tool steel and a leading provider of high-speed steels, valve steels as well as other products made of special steels, powder materials, nickel-based alloys, titanium, and components, some of which are produced using additive manufacturing technologies. Its most important customer segments are the automotive supplier industry, oil and natural gas exploration, the mechanical engineering industry as well as the consumer goods and aerospace industries.

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TRANSPORTATION

Cogitate to Implement Digital Underwriting and Distribution of Commercial Transportation for ENGS

Cogitate Technology Solutions | October 13, 2022

Cogitate Technology Solutions ("Cogitate"), a future-ready P&C insurance technology innovator, announced that ENGS Insurance will be digitizing their systems with Cogitate DigitalEdge for their commercial transportation business. Cogitate DigitalEdge is a cloud native, full tech stack platform. DigitalEdge is powered with industry leading Low Code No Code ("LCNC") capabilities and brings pre-integrated API functionality for third-party and carrier data integration services. With the Commercial Transportation solution for ENGS, Cogitate will implement the digital underwriting and distribution elements of the DigitalEdge Platform which will enable ENGS to rapidly expand its revenue base and operating footprint initially across the U.S., and then into Canada. "In Cogitate, we found a partner that understands insurance and the industry as much as we do, which is invaluable from my perspective. The Cogitate team is helping us to deliver a modern digital insurance solution, which places us in a leading competitive position relative to our customer partner experience with ENGS. This allows us to streamline processes that improve underwriting, increase internal efficiency, and ultimately reduce our operating expenses, The Cogitate DigitalEdge solution provides future-ready digital capabilities with options to self-manage rates, rules, forms, workflows, and territory expansion. Beyond that, Cogitate's LCNC module is incredibly intuitive, and we are looking forward to the ability to pivot and implement changes quickly to our business and product screen. We also liked the fact that Cogitate has pre-integrated billing and claims solutions and will look to expand with those solutions soon." -Cliff Dunigan, Managing Director for ENGS Insurance. Arvind Kaushal, CEO and Co-Founder of Cogitate commented, One of Cogitate's key strengths creates a great advantage for our customers. This is our ability to integrate our solutions with the customer's existing core and legacy systems with a digitalization layer. We can also replace that core with our future ready solutions. DigitalEdge is truly cloud native which means the modularity of DigitalEdge allows our customers the freedom to choose the modules that their business needs today while the scalability options to assist their future growth. We are excited to partner with ENGS Insurance to provide their customers, employees, and channel partners a modern user experience. About ENGS Insurance Agency ENGS Insurance Agency, LLC. (EIA) is a full-service commercial brokerage firm offering insurance, risk management, and underwriting solutions for the Transportation, Construction, Industrial, and medium to small business market. As a member company of the Mitsubishi family, ENGS helps its customers acquire and protect their most valuable business assets. From commercial auto, general liability, property, inland marine, excess, cyber liability, and workers compensation, it offers insurance solutions to those industries that keep the economy moving forward. About Cogitate Technology Solutions® Cogitate Technology Solutions, Inc., develops modern and innovative technology products and solutions for the Property & Casualty Insurance Industry. It helps insurance companies transform their business models to create a competitive advantage in a time of rapid industry change. Cogitate's next-generation technology products and solutions are helping insurance carriers, brokers, MGAs, and agents to accelerate digitalization and expand their businesses.

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MANAGEMENT,OPERATIONS

ThroughPut Inc. Announces Partnership with project44 to Unleash AI-Powered Supply Chain Capacity and Profitability

ThroughPut Inc | November 22, 2022

ThroughPut Inc., the industrial AI supply chain pioneer, announced that it has entered into a technology partnership with project44, the global leader in supply chain visibility, to unlock supply chain profitability amid disruptions and global port congestion. The partnership will empower mutual customers to not only plan logistics fulfillment effectively and efficiently, but also to forecast demand accurately with AI-powered insights and recommendations for rapid supply chain revenue rationalization. The joint solution will enable businesses to quickly leverage project44 platform's purchase order and sales data to sense and predict demand at a local level, audit material flow to drive efficiencies and achieve On-Time, In-Full (OTIF) deliveries at a supplier and product level. We're thrilled to be partnering with ThroughPut as we look forward to accelerating the value we deliver to our customers," explained Thomas Deakins, SVP, Global Partnerships & Alliances of project44. "With ThroughPut.ai, we empower our customers to not just optimize their logistics, but their supply chain operations as a whole – something that is crucial in today's market, where disruptions and uncertainty are more a norm than an exception. ThroughPut's demand-first, AI-powered, predictive approach to supply chain management is the key to solving the product and customer prioritization puzzle that all businesses seek to solve on an everyday basis these days as they look to expedite lead times and better serve their customers,he added. "Partnering with project44 allows us access to true lead time data, which complements how we recalculate material and inventory needs from a demand change perspective, This is the vital missing link in so many planning systems today – which have consequently either overshot or undershot inventory estimates. As a result, many businesses are unable to optimize a crucial part of their working capital – their inventory. We are therefore excited to announce this ready-to-go integration into project44 as we help C-Suites intelligently optimize their overall working capital and prioritize demand management," -Ali Raza, CEO of ThroughPut Inc. ThroughPut empowers leading businesses across the globe to drive continued growth in increasingly volatile market conditions by minimizing demand and supply variance via multi-dimensional customer segmentation and prioritization, demand-driven capacity management, demand sensing, bottleneck management, and intelligent pricing. As the company works to stabilize supply chains across the globe, it continues to help businesses balance their operations by effectively managing demand, capacity, working capital, and customer experience – setting the base for robust, sustained growth. 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, 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 five-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. ThroughPut Inc ThroughPut.ai is a Silicon Valley-based Supply Chain AI leader that puts Industrial material flow on Autopilot by leveraging existing Enterprise Data to achieve superior Business, Operations, Financial and Sustainability Results. ThroughPut's AI-powered Supply Chain software predicts Demand, reorients Production Capacity, reassigns Warehouse Space, and reorders materials optimally, so businesses minimize overpromising and under-delivering, and maximize for their desired outcomes. ThroughPut improves material flow and free-cash-flow across the entire end-to-end value chain far faster than leading contemporary and legacy solutions. The founding team is led by seasoned serial entrepreneurs with real-world AI, Supply Chain, Manufacturing, Transportation and Operational experience, from the shop-floor to the top-floor, at leading Fortune 500 Industrial Companies & pioneering Enterprise Technology companies.

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LOGISTICS

Pritzker Private Capital Agrees to Invest in Kenco Logistics

Kenco Logistics | October 10, 2022

Pritzker Private Capital (“PPC”), a leader in family direct investing, announced an agreement to invest in Kenco Logistics (“Kenco” or “the Company”), one of North America’s leading third-party logistics (“3PL”) providers. PPC will invest alongside members of the Kenco management team to provide Kenco with additional financial resources and expertise to accelerate its growth, scale its innovative offering and strengthen its leadership as a world-class 3PL provider. Founded in Chattanooga in 1950, Kenco provides integrated 3PL supply chain solutions for more than 200 clients across a wide range of industries and verticals, including outsourced distribution and warehouse management, eCommerce fulfillment, transportation management, material handling and automation services. Kenco today manages more than 100 distribution facilities comprising 36 million square feet of space, backed by a team of more than 5,000 employees. The Company serves as a critical supply chain partner for customers in the CPG, food and beverage, healthcare, durable goods, retail, industrial and information technology end markets, and generates more than $1 billion in revenue. Kenco is an established leader in the 3PL industry with best-in-class operational capabilities and a longstanding commitment to its people, community and customers,” said Eric Kieras, Investment Partner at PPC. “We look forward to partnering with Denis and the team to build on Kenco’s strong foundation and to support the Company’s continued growth in its next chapter. “For more than 70 years, Kenco has thrived as a family-owned organization, As the demand for innovative and reliable logistics solutions becomes greater than ever, we have found the ideal partner in Pritzker Private Capital to support our growth and advance our mission to be the preferred supply chain partner in North America. From expanding our geographical coverage to investing in important verticals, products and services, Kenco will now be able to capture new opportunities for the benefit of our teams, customers and business partners.” -Denis Reilly, President and CEO of Kenco Jane Kennedy Greene, Chairwoman of Kenco’s Board of Directors, commented, As stewards of Kenco’s legacy and future, the Kenco Board continually evaluates how to best position the Company for long-term, sustainable growth. This transaction perfectly achieves that goal. PPC has an extensive track record of successful investments in family-owned businesses like Kenco, and greatly respects the mission and values we operate with every day. With PPC’s support, Kenco will have access to the growth capital and resources necessary to both invest in Kenco’s current capabilities and pursue new additions to our portfolio. “At Pritzker Private Capital, we look to partner with growth-focused businesses and management teams for long-term success. We are excited to help Kenco expand its pioneering innovation, automation and data-driven approach to advancing its customers’ supply chains.” -Anthony Cardona, Principal at PPC Upon completion of the transaction, which is expected to occur in the fourth quarter of 2022, CEO Denis Reilly will continue to lead Kenco from the Company’s headquarters in Chattanooga, Tenn. Terms of the transaction were not disclosed. Republic Partners is serving as exclusive financial advisor and Hogan Lovells LLP is serving as legal counsel to Kenco. About Pritzker Private Capital Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products and services sectors. The firm's differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit PPCPartners.com. About Kenco Kenco is the preferred supply chain partner to market-leading customers across the United States. Operating with a national footprint, Kenco provides integrated supply chain management solutions that include outsourced distribution, warehousing, omni-channel fulfillment, transportation management and material handling services—all engineered for Operational Excellence. For more than 70 years, Kenco has built lasting customer relationships by engaging in ethical, honest and sustainable business practices. Kenco’s agility, customer dedication, and data-driven approach ensure customers receive real solutions and results. For more information, visit www.kencogroup.com.

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