PROCUREMENT AND SOURCING,SUPPLY CHAIN
Flex | August 03, 2022
For the fourth year in a row, Flex (NASDAQ: FLEX) has been named as Lenovo EMEA Logistics Supplier of the Year. The award is recognition of Flex's ability to create a seamless experience for companies and their customers that is resilient and adaptable to rapidly changing global end market demands. The award was presented at the Lenovo EMEA Global Logistics Suppliers Conference attended by Lenovo's connected partner network.
Flex's value added fulfilment services, which include vendor managed inventory, warehousing, fulfilment and last mile distribution, helped Lenovo deliver increased volumes across their PC & Smart Devices, Mobile, Server and Cloud business in what was a dynamic and highly challenging supply chain environment.
Speaking at the virtual Lenovo Supplier Conference, where the theme was resiliency, intelligence and ambition, Lenovo Head of Global Logistics, Gareth Davies, said, "Never has there been greater challenges in the logistics space. There are multiple hurdles, including unprecedented supply and demand volatility, and significant transportation constraints. To these the Flex team really responded. Every one of our partners raised their game to help Lenovo navigate a volatile, high volume and challenging year, but Flex won out against strong competition for their outstanding performance."
"We are honored to receive this award from our valued partner Lenovo. I am proud of the hard work and dedication of our teams across EMEA, in what was another highly unpredictable year for supply chains. Our team truly demonstrated our capability to be a trusted partner for a market-leading brand who needed to move fast, retain operational resiliency and maintain its competitive advantage."
-Pat Ring, senior vice president and general manager for Flex Global Services and Solutions,
Over 11,000 employees across 30 countries in Flex Global Services and Solutions (GSS) help customers manage how their products exist in the world through a range of value added services including fulfillment, logistics, aftermarket services and circular economy solutions.
Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets.
project44 | September 29, 2022
project44, the connective tissue of the global supply chain announced the launch of Movement by project44TM, a game-changing platform that gives all supply chain partners — including shippers, carriers, logistics professionals and more — the transparency and collaboration they need to make supply chains work. For the first time, Movement by project44 combines the power of the entire project44 product suite, including its internally developed products and acquired capabilities, into one cohesive platform.
People, organizations and economies depend on the efficient movement of goods around the world, but the past few years have shown how volatile demand capacity is, how difficult it can be for carriers to find the right loads and how unpredictable delivery times are, said Jett McCandless, founder and CEO, project44. "Movement enables visibility, agility and workflow automation, but most importantly, it fosters collaboration. That is the key. Because together, we can make supply chains work, improve lives and ensure access to the goods the world needs.
Movement empowers teams to manage exceptions, streamline shipment operations, automate manual processes and collaborate to resolve customer issues, all from a single platform. It delivers value by providing complete order-level visibility across all modes globally, including multimodal estimates, from raw material to consumer door. It provides insights and workflow capabilities end to end — before, during and after transit. Everyone in the supply chain can use it, regardless of role, and it can deliver data to any person or system. The intuitive interface and unified APIs simplify issue resolution, and Movement enables seamless, data-driven operations.
As the largest brewer in the world, it is up to us to pave the way for the food and beverage space by investing in technologies that will bring the most value to our customers while navigating unpredictable supply chain challenges," said Andreea Calin, Logistics Operations Transformation Manager, Anheuser-Busch InBev Europe. "With Movement, we hope to easily manage logistics operations in one user-friendly place and exceed customers' rising expectations in an efficient, reliable and sustainable way.
Movement has the largest network of connected carriers, logistics service providers, shippers, technology providers and consumers in the industry and can create connections for those who are not already part of the network faster than any competitor. project44 also has the most robust dataset and the most sophisticated data science technology in the sector and provides the greatest breadth, depth and quality of visibility available anywhere.
We owe it to our customers to provide specialized cargo solutions based on their individual requirements and schedules," said Paul Foster, Vice President of Development and Integrations, JAS Worldwide. "Global supply chains can be unpredictable, and to address customers' needs, we need innovative technology that is user-friendly, reliable and informative. Movement will give us the end-to-end visibility we need to manage high-level logistics to meet and exceed customer expectations.
With Movement, shippers can increase lead time reliability and improve on-time delivery to cut costs and improve customer satisfaction. Logistics professionals can use Movement to improve data accuracy and increase productivity to grow revenue. Movement enables carriers to drive digital adoption, increase data accuracy and improve efficiency through automation to become more competitive. Drivers can reduce check calls and dwell times, providing real-time visibility and securing more profitable loads while gaining advantages as a preferred carrier.
"As Girteka, the largest asset-based transportation company in Europe, we have a clear aim to be the obvious first choice for clients, colleagues, partners, the community, and shareholders, As a company, we have developed a solid foundation towards shaping the future intelligent enterprise and strategically investing into technologies that support our vision to become the market shaping, Top 10 European logistics leader. We have a strong long-term partnership with project44, and already leverage their market-recognized RTV solution. The next step is to leverage the Movement platform which will allow us to better manage data from carriers and customers enabling greater collaboration, access to real-time insights and streamlined workflows across the supply chain."
-Edvardas Liachovičius, CEO of Girteka Holding
Movement's user interface is highly adaptive and more intuitive and useful to a broad audience, and project44's ecosystem partnerships and API-first architecture makes Movement compatible with any third-party or system. Both the back-end architecture of the product and UX have been redesigned to optimize customer experience.
The partner of choice for more top global supply chains than any other technology, project44 is a market leader, as recognized by independent analysts and in user and customer reviews. This gives project44 the insight, scale, skills and partnerships necessary to build a single platform capable of making supply chains work for everyone: Movement by project44™.
Most visibility vendors offer a single mode or narrow set of capabilities, McCandless added. They talk about a 'single pane of glass,' but without the ability to adapt to a user's preferences, these solutions are one dimensional, which is a thing of the past. Movement is the future. It's multidimensional, where each facet presents a unique perspective tailored to the user's requirements. This level of configurability, value and collaboration is necessary to tackle the world's biggest supply chain challenges. The name 'Movement' represents the part we all play in solving them, inside or outside the industry.
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 2022, 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. Learn more at project44.com.
TenderEasy | July 12, 2022
TenderEasy, Alpega’s cloud-based freight procurement solution, is glad to announce its latest partnership with Upply, an AI-driven benchmarking provider offering road, sea and air freight data prices across the globe.
The partnership delivers live benchmarking data to TenderEasy’s users through full integration of Upply’s data into TenderEasy‘s platform, providing them with the necessary information to understand the current prices in the market, as well as their evolution over time. This gives the customer the possibility and the power to decide when a tender is competitive and what steps to take in the potential negotiation rounds with carriers.
“Partnerships and integrations like this one adds value to everyone planning or running a freight RFQ. In such a volatile market, we at TenderEasy want to ensure users have the latest insights to decide if, where and when to run a tender”,
-Johan Vagerstam, co-founder of TenderEasy and Director Product Management at Alpega.
Partnerships in the digital ecosystems are key to provide cutting-edge software and platforms. Even more in the transportation industries today where prices fluctuate on a weekly basis and capacities are difficult to find and secure. Our partnership with TenderEasy aims at sharing market data and making it available directly to supply chain experts in their procurement solutions for them to take the best decisions.comments Thomas Larrieu, CEO at Upply.
SOFTWARE AND TECHNOLOGY,FREIGHT
Transfix, Inc | August 12, 2022
Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, today announced Tony Tzeng has joined as the company's first-ever Chief Product Officer. He will lead product strategy, execution, and innovation serving shippers and carriers across the Transfix portfolio. Tzeng's expertise is in enterprise AI, and he joins Transfix from UiPath, a leading enterprise automation software vendor, where he served as VP of Product Management for AI products. Prior to that he served as Principal Lead Product Manager at Microsoft.
"When your goal is to revolutionize the supply chain, you need big thinkers, innovators and operators who make it a reality for your customers. Tony is one of those executives who has it all, His experience driving product and platform strategies, coupled with his AI and ML expertise, will help to accelerate our vision of delivering an Intelligent Freight Platform that powers modern, reliable, and resilient supply chain performance at scale"
-Lily Shen, CEO and President of Transfix.
Tzeng brings 20 years of product and strategy development experience. Most recently, at UiPath, he oversaw the full product life cycle from assessing product/market fit to incubation, product vision, roadmap, launch, and acceleration. While leading the product division for AI-driven automations and a Machine Learning operations platform, he launched new products and grew the portfolio to multi-million dollar businesses that are now growth engines and differentiators for UiPath.
At Microsoft, he led the product team developing cloud and AI solutions for next-gen virtual customer service, giving AI bots groundbreaking levels of accessibility. He also incubated enterprise AI solutions as part of AI+ Research, leading product teams that contributed useful features to well-known software like Dynamics 365 and Microsoft Office. Tzeng also held senior-level positions at McKinsey & Company and Deloitte Consulting.
Transfix has all the pieces for an iconic success story– talented and passionate people, outstanding engineering practices, a data-driven product suite, and a winning corporate culture,said Tzeng.I'm proud to be a part of that story, and I look forward to creating a smarter, more sustainable future for freight.
Tzeng earned his Bachelor of Science in Computer Science at Stanford University and his Masters of Business Administration with Honors at The Wharton School of The University of Pennsylvania.
As announced on September 21, 2021, Transfix has entered into a definitive business combination agreement, as subsequently amended, with G Squared Ascend I Inc. ("G Squared Ascend I") (NYSE: GSQD), a special purpose acquisition company sponsored by affiliates of G Squared, that is expected to result in Transfix becoming a publicly listed company. Completion of the business combination is subject to customary closing conditions.
Transfix drives modern supply chain impact at scale with its Intelligent Freight Platform™. By combining enterprise-grade, machine-learning technology with intuitive software and dedicated supply chain experts, Transfix is enabling organizations to deliver with high performance and high reliability, drive long-term strategy and capacity planning, take empty miles off the road, and optimize their networks, at scale. Today, Transfix connects shippers to nearly 30,000 carriers with real-time, many-to-many freight matching and the visibility they need to make their supply chains more efficient and environmentally responsible. Learn more at Transfix.io.
About G Squared
G Squared is a global venture capital firm that partners with dynamic companies throughout their life cycles as a complete capital solutions provider, working to create value for companies, investors, employees, and other stakeholders. The firm focuses on investments in growth-stage technology companies and has invested in over 100 portfolio companies since it was founded in 2011. The firm's affiliate, G Squared Ascend I Inc. ("G Squared Ascend I"), offers transformative private companies a path to public markets via SPAC. For more information on G Squared and its portfolio, visit: www.gsquared.com. For more information on G Squared Ascend I, visit: www.gsquaredascend.com.