DHS targets warehouses to combat counterfeits

DHS | January 27, 2020

Domestic fulfillment centers and online third-party marketplaces have emerged as key distribution points for counterfeit or illicit goods entering the U.S., according to a report proposing targeted regulatory changes released by the Department of Homeland Security Friday. DHS will pursue new regulations enabling Customs and Border Protection (CBP) to, "treat domestic warehouses and fulfillment centers as the ultimate consignee for any good that has not been sold to a specific consumer at the time of its importation." Facilities owners would be responsible for proactively notifying CBP, complying with CBP orders and destroying such goods, if found. Noncompliance could trigger legal action. The report also recommends establishing private sector best practices, sharing resources, third-party seller identification standards and requiring country of origin labels for products sold online (currently only mandated for items sold in physical stores) to improve detection of counterfeit items before they're sold.

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LOGISTICS

Pozyx Unlocks the Potential of Smart Warehousing and Showcases Its New Pozyx Platform at Fabriek Logistiek

Pozyx | June 17, 2022

Pozyx, an industry-leading provider of RTLS (real-time location systems), has partnered with Fabriek Logistiek, the Belgian warehouse test center, to demonstrate its warehouse orchestration system based on real-time positioning to improve labor efficiency, increase safety and optimize inventory control in warehouse and logistics operations. Intelligent warehousing and logistics can benefit operational efficiency by tracking assets and optimizing process flows, thereby increasing profit margins. The Pozyx RTLS helps improve the WMS (warehouse management system) and provides real-time asset tracking and identification, easier inventory management, greater operator effectiveness, better space utilization, reduced costs, and increased safety in the warehouse. Losing track of pallets, carriers or goods means losing time and money. The Pozyx RTLS tracks bins, orders, pallets, returnable packaging, and vehicles in the warehouse and on the road. The location-based trigger system provides a detailed overview of pallet and good locations and their movements. Material handling routes can be evaluated and analyzed to enhance process workflows, resolve bottlenecks and optimize the warehouse footprint. The Pozyx RTLS provides insights on how and where people work to better plan and optimize human resource management, optimize work shifts and labor efficiency, and calculate labor costs. It tracks forklifts, autonomous vehicles, and high safety-risk assets to reduce collision risks. The Pozyx solution maintains inventory control by eliminating manual scanning and reducing laborious and expensive physical inventory counts. Knowing the exact location of goods, pallets, and assets not only saves time but also slashes lost inventory costs. Pozyx will demonstrate its RTLS and the benefits in warehousing during the official opening of Fabriek Logistiek on June 20th, 2022. To learn more about the Pozyx solution for optimized warehousing, please visit https://www.pozyx.io/solutions/industry-4-0/warehouse-optimization About Pozyx Pozyx delivers the most flexible real-time location system (RTLS) and software platform for global asset tracking and identification based on UWB (ultra-wideband) and other location technologies. Since 2015, Pozyx has built a strong product portfolio with a focus on innovative solutions for Industry 4.0 and smart manufacturing. Cutting-edge hardware and firmware are combined with algorithms and analytics software to translate the stream of real-time locations into smart data and value-creating insights. The Pozyx offering covers the most demanding industry requirements for reliability, stability, robustness, and scalability.

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SOFTWARE AND TECHNOLOGY

Epicor Acquires EDI Provider Data Interchange, Expanding Global Reach in Helping Customers Drive Value in the Supply Chain

Epicor | June 08, 2022

Epicor, a global leader of industry-specific enterprise software to promote business growth, announced it has acquired Data Interchange, a UK-based provider of Electronic Data Interchange (EDI) cloud technologies and managed services. The Data Interchange acquisition expands the reach of Epicor in European markets and adds to the company’s portfolio of B2B integration technologies, empowering customers to connect businesses and trading partners, increase efficiency, and drive value in the supply chain. Financial terms were not disclosed “The future of EDI is about creating more flexible and transparent supply chains that can seamlessly accommodate a wide range of inputs while ensuring automated and controllable outcomes,The Data Interchange acquisition gives Epicor customers an even more powerful set of cloud-based EDI solutions to streamline supply chain collaboration, simplify processes, and make data-driven decisions to identify trends and opportunities.” -Epicor CEO Steve Murphy As companies, particularly across European markets, manage increasing requirements for data integration across B2B supply chains, they are challenged in navigating the complexities of trading partner compliance, communications protocols, and local language support. Data Interchange’s B2B integration solutions – including the company’s DiNet global EDI Network, Odex B2B communications platform, Darwin order processing solution, and XE EDI mapping tool – will help Epicor customers streamline their supply chain strategies, providing a single-source of truth to more closely manage supplier relationships, automate business processes, and plan for changing business needs. That includes support for European market protocols and standards such as OFTP2, EDIFACT, VDA, TRADACOMS and PEPPOL. “Our goal at Data Interchange has always been to streamline the way EDI is delivered and presented to our customers and partners, By joining with Epicor, we’re extending our mission to help companies drive positive business outcomes by simplifying every stage of their EDI journey.” -Data Interchange CEO Andrew Filby Backed by more than 30 years of experience, Data Interchange pioneers the technology underpinning the world's most complex supply chains with fast, accurate data exchange. A deep and experienced team and partner channel with specialists across Europe help customers in automotive, manufacturing, retail and logistics sectors optimize supply chains and trading processes, with an innovative product and services portfolio that helps customers improve their business operations. About Epicor Epicor equips hard-working businesses with enterprise solutions that keep the world turning. For 50 years, Epicor customers in the automotive, building supply, distribution, manufacturing, and retail industries have trusted Epicor to help them do business better. Innovative Epicor solution sets are carefully curated to fit customer needs and built to respond flexibly to their fast-changing reality. With deep industry knowledge and experience, Epicor accelerates its customers’ ambitions, whether to grow and transform, or simply become more productive and effective. Visit www.epicor.com for more information. Epicor and the Epicor logo are trademarks of Epicor Software Corporation, registered in the United States and other countries. Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation. Results are not guaranteed, and each user’s experience will vary.

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OPERATIONS

ISG Event Explores Technology and Operating Models Needed to Transform Customer Experience

ISG | June 24, 2022

Consumer-facing businesses need to invest in technology and new operating models aimed at creating hyper-personalized, friction-free customer experiences, say experts with Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, appearing at the upcoming ISG TechXchange: Consumer Services event.The full-day event, July 13 at etc.Venues in New York, will examine the shifts in technology, data analysis, operating models, security and sustainability companies in the consumer products and services, retail, logistics, and travel and hospitality industries must accomplish to deliver the experiences their customers expect – and that will define success for years to come. “The customer experience is front and center and will stay that way for the foreseeable future,” said John Westfield, partner and practice lead, ISG Consumer Services, and host of the event. “Consumers have high expectations for a hyper-personalized, meaningful, friction-free journey for in-store, online and mobile shopping, and enterprises are working to modernize decades-old legacy platforms to deliver instantaneous, relevant experiences.” The multi-dimensional impact of creating meaningful, hyper-personalized customer experiences in the face of legacy enterprise IT landscapes will be addressed by Clare Megathlin, managing director of software engineering for Alaska Airlines, in a panel discussion, “Shedding Legacy and Modernizing with Innovative Technologies,” Pratibha Salwan, director and leader, ISG Travel, Transportation, Hospitality, Leisure and Logistics. In a separate panel discussion, “Leveraging Data for Smarter Insights,” Gaurav Bhatia, chief marketing officer for credit union PenFed, and Sunder Pillai, director and lead, ISG Retail and CPG, will discuss how brands are leveraging data from consumers, suppliers and retailers to design better products and services and create stronger brand loyalty. The featured presentation, “Becoming an Elite Performer: How to Supercharge Your Development Teams in a Cloud-Native World,” delivered by Jennifer Galvin, head of technology alliances for OutSystems, a platform provider of omnichannel applications, will explore a high-performance, low-code development approach to creating software for a continuously evolving world. As enterprises increasingly look for business value from data monetization, Sahil Sabharwal, vice president of enterprise data platforms for American Express, and Ranjan Roy, vice president of strategy for clothing manufacturer Adore Me, will discuss the data science, artificial intelligence and digital automation innovations – and cultural changes – that are fueling such initiatives, as part of a panel discussion, “Innovations@Scale.” A successful customer journey is dependent on an enterprise’s ability to produce and analyze data at scale,” Westfield said. “Relevant, contextual data must flow through the entire business ecosystem. This can only be achieved by investing in analytics technology, coupled with continuous training and investment in people to develop analytical, technical, functional and even behavioral skills. During the event, ISG experts will present insights on topics ranging from the 360-degree customer view, to personalization, the metaverse, virtual innovations, and building sustainability, technology and innovation into the customer experience. The ISG TechXchange: Consumer Services event is sponsored by Cognizant, Mindtree, OutSystems, Tata Consultancy Services, Zensar, Allganize, Tiger Analytics and UiPath. CIOInsights, CIOReview, Retail Tech Insights, RetailWire, The Technology Business Management (TBM) Council and The AI Journal are media sponsors. Additional information and event registration are available on the event website. About ISG ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 800 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

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SOFTWARE AND TECHNOLOGY,FREIGHT

Transfix Appoints First-Ever Chief Product Officer Tony Tzeng to Continue Digital Transformation of the Supply Chain

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. About Transfix 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.

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