HPD LendScape Partners Emirates Development Bank to Launch UAE's National Supply Chain Finance Platform

HPD LendScape | October 13, 2020

HPD LendScape, a leading international secured lending platform vendor, today announces it has partnered with Emirates Development Bank (EDB) to launch UAE's National Supply Chain Finance (SCF) platform, giving UAE businesses improved access to working capital, particularly as they cope with the added pressures of the COVID-19 pandemic. SCF solutions enable suppliers to gain quicker access to money they are owed, while buyers get more time to pay off their balances and the new platform will offer a simple, fast and transparent way for bank lenders to onboard both buyers and suppliers. The initial phase of the project offering a payables finance solution has now gone live. The next phase is set to provide a comprehensive suite of buyer and supplier centric SFC variations, including Islamic Finance products. Bringing together buyers, suppliers and banks onto one platform, the National Supply Chain Finance solution helps simplify and automate operations, mitigate risk more effectively and make SME finance easily accessible - much needed in the UAE today.

Spotlight

We are glad to present you ACE Logistics new corporate movie dedicated to our 25th anniversary. Clips are filmed in Tallinn, Riga, Vilnius, and Minsk in the year 2017. Big thanks to all our employees, customers and partners for years of commitment! Enjoy watching!


Other News
SUPPLY CHAIN

Körber unveils supply chain software solution strategy at Elevate Americas 2022

Körber | March 17, 2022

Körber will launch new software solutions and capabilities spanning warehouse management, warehouse control, robotics, voice and simulation to empower businesses worldwide to further digitize and automate warehouses in light of today's immense supply chain pressures. Supply chain has moved from a back-office function to a boardroom imperative," said Richard Stewart, Executive Vice President of North America at Körber Supply Chain Software. The pandemic, labor shortages, cost increases, fuel prices, material shortages, and beyond – these challenges are real and here to stay. Unlike anyone else, Körber brings to market an unmatched depth of digital technologies that conquer these complexities. "Digitization is a strategic priority for more than 80% of supply chain executives, Yet, many businesses struggle to digitize at the pace they need. From handling the rapid expansion of e-commerce to the increasing interconnectivity of the global economy, major technology advances are pivotal. Körber will enhance its already unrivaled portfolio of software solutions to empower businesses to drive even more value for their customers and consumers around the globe." -Sean Elliott, Chief Technology Officer for Körber Supply Chain Software In a rapidly growing industry, businesses need a full portfolio provider with a wide range of technologies to tackle supply chain complexity. Focused on rising consumer expectations, labor challenges and a growing emphasis on sustainability, Körber plans the current solution advances for 2022: The cloud: As part of the Körber One platform strategy, Körber will continue bringing its solutions to the cloud to increase efficiency, reliability, resilience, green practices and cybersecurity. This includes the K.Motion Warehouse Management System (WMS), K.Sight CLASS for warehouse modelling and simulation, and Körber's series of add-ons spanning visibility to data analytics – the K.Motion Essentials. Unified Control System (UCS): Already boasting globally successful voice solutions and the most extensive network of AMR partnerships worldwide, Körber will solidify its leading voice and robotics practice with a unified control system. The UCS will uniquely integrate and control different working models – fixed automation, voice systems, and 3rd party AMR systems – under a single tool. Availability is expected the second half of 2022. K.Sight CLASS for operations: New advances connect data on daily operations from the WMS for real-time planning and design. The result is immediate visibility into operational health and stronger strategic planning. This includes effectively handling disruptions, e-commerce growth and heightening consumer expectations. During the conference, customers spanning all industries, sizes and needs, will present how they are revolutionizing supply chains with Körber. Selective examples include: SanMar discusses its journey modernizing operations with Körber's WMS and voice solutions for a more sustainable supply chain. Lineage Logistics elaborates on how Körber's WMS enabled them to achieve efficient and sustainable operations – all while optimizing its warehouse layout. Big Rock Sports, joined by Körber's partner enVista, shares best practices and experiences implementing Körber's WMS. ISN displays how it improved working conditions and bolstered productivity with a robotics solution from Körber and Locus Robotics. Biagi Bros showcases how it improved agility and resilience while driving innovation with the Oracle Cloud and Körber's WMS. Kenco Group describes its AMR deployment for e-commerce fulfillment, focused on productivity and labor dependency. Nassau Provisions, using Körber's WMS and voice technology, shares how it scaled food distribution operations in light of rapid growth. Ariat speaks to its combination of Körber's WMS and AMR solution from Geek+ to improve customer and employee experiences and enable workforce flexibility. Bimbo Bakery overviews how it is revolutionizing retail execution with a smarter and more efficient frontline through direct-store delivery with K.Motion OmniTech. Further information on Körber's solution roadmap and customer success stories is available at Elevate Americas, held virtually from March 14-16, 2022. Registration is available now and throughout the event, with content available on demand for 90 days. About the 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. Capable of delivering software, automation, voice, robotics, and materials handling – plus the expertise to tie it all together. We are a global partner not just for today, but also as the needs of supply chains continue to evolve. Conquer supply chain complexity – with Körber. The Business Area Supply Chain is part of the global technology group Körber. Find out more on www.koerber-supplychain.com.

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FREIGHT

ShipBob Launches FreightBob, an End-to-End Managed Freight Transportation Solution

ShipBob, | May 13, 2022

ShipBob, the leading global omnifulfillment platform, announced the launch of its end-to-end managed freight and inventory distribution program, FreightBob. The service includes ocean freight, which is powered by Flexport, combined with ShipBob’s cross-docking, automated inventory distribution, and goods transfers across their fulfillment network. Current and future merchants that use ShipBob’s fulfillment solution and ship inventory from China to the U.S. (to start) can achieve faster transit times, lower freight costs, greater visibility, and the ability to distribute inventory more seamlessly across ShipBob’s fulfillment centers.By working with Flexport as part of its service offerings, ShipBob is the first fulfillment company to successfully execute ocean freight distribution by chartering boats specifically reserved for customers’ goods. Over the last few months, ShipBob piloted the program by delivering shipping containers directly from China to their Southern California fulfillment centers via ocean freight. Once in Southern California, ShipBob then automatically distributed the inventory across the United States to their final fulfillment center destination to start shipping orders directly to consumers. The entire process took just over two weeks and has been repeated many times over. “We’re thrilled to offer FreightBob to our existing and future ecommerce clients, unlocking a seamless, cost-efficient and dependable inventory distribution service, said ShipBob Co-Founder and CEO, Dhruv Saxena. FreightBob will enable some of today’s fastest-growing ecommerce brands to navigate volatile freight markets, all while meeting strong U.S. consumer demand.” “Shippers will continue to face unreliable transit times, service levels and cost transparency for years to come It’s imperative we collaborate with like-minded leaders in the global logistics space to provide the infrastructure and services to help fast-growing ecommerce brands meet the demand and expectations of their customers.” -Steve Bozicevic, Sr. Director, New Product Development at Flexport. FreightBob will initially be open to all customers shipping LCL (less than container load) ocean freight containers from China to the U.S. The associated costs are comparable to other LCL ocean freight carriers that take two or three times as long. “FreightBob was about 30-40% faster than anything else we’ve sourced, From a pricing standpoint, I was looking at the total price that we were going to pay per unit, including shipping — rolled altogether, and it was still substantially cheaper than any of the quotes we received from other companies.” -Jerry Sever, COO at Complement This program is able to provide faster shipping times by loading inventory on faster ships and prioritizing delivery to ports strategically located in Los Angeles and Long Beach, California, reducing transit times from the standard 45-60 days to 15-30 days (on average). With FreightBob, ShipBob customers will now have access to bi-weekly departures from China on ships that will then be transferred directly to ShipBob fulfillment centers in the U.S. FreightBob’s highly competitive rates are available for shipments as small as 1 cubic meter, allowing customers the ability to keep inventory flowing and shelves stocked. “FreightBob is too easy to use to not utilize The more time that I can save spending energy on things like freight and fulfillment, the more time I can spend on other details for my company. To know that I can trust somebody to complete the tedious stuff and be organized like I would is a huge stress reliever!” -Emily Coolbaugh, Logistics Coordinator at Driveline Baseball ShipBob brings FreightBob to market to help customers avoid spot market rates that often prevent accurate forecasting. FreightBob helps avoid varying freight rates that may result in profit degradation and/or increased cost for consumers by taking advantage of FreightBob's flat pricing structure (per cubic meter freight rate), inclusive of delivery and custom clearance fees, all designed to simplify cost projections and promote ease of use. While this solution is currently for delivering shipping containers directly from China to the West Coast and East Coast of the United States, it will be expanded worldwide in 2022. For more information on FreightBob, please visit: https://product.shipbob.com/freightbob About ShipBob ShipBob is the leading global omnifulfillment platform designed for small and medium-sized businesses to provide them access to best-in-class supply chain and fulfillment capabilities. The ShipBob platform provides merchants with a single view of their business and customers across all of their sales channels, and enables them to manage products, inventory, orders and shipments, and leverage analytics and reporting to run their business effectively. Founded in 2014 out of Chicago, ShipBob was launched through Y Combinator by co-founders Dhruv Saxena and Divey Gulati, two entrepreneurs who saw a need for more efficient shipping for ecommerce businesses. Today, the company has raised $330.5 million in funding and operates a global logistics network with 30 fulfillment centers across five countries, including the United States, Canada, United Kingdom, European Union and Australia. Learn more by visiting shipbob.com. About Flexport We believe trade can move the human race forward. That’s why it’s our mission to make global trade easy for everyone. Flexport is the platform for global logistics—empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. Companies of all sizes—from emerging brands to Fortune 500s—used Flexport technology to move nearly $19B of merchandise across 112 countries in 2021.

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MANAGEMENT

BBF GLOBAL LOGISTICS JOINS ARMSTRONG RELOCATION & COMPANIES

BBF GLOBAL LOGISTICS | April 07, 2022

BBF Global Logistics, LLC ("BBF"), a Memphis-based transportation brokerage company, has joined Armstrong Relocation & Companies ("Armstrong")—an industry-leading provider of moving, relocation and supply chain solutions. This transaction elevates BBF's portfolio of services through the additional resources Armstrong has to offer. While many businesses were focused on remaining operational through the pandemic, BBF President Alexander Folk launched the logistics firm in June 2020 with co-founders William Melford and Nick Bogdanovic. All three businessmen brought different areas of logistics expertise to the company. "We each have a good pulse of what is going on in the logistics industry and what issues people are experiencing, so we were confident going into this, even during the pandemic," Folk said. Since inception, BBF has experienced significant growth. "We look forward to expanding our transportation management and brokerage model, as well as customer solutions with Armstrong-owned assets," said Folk. "As Armstrong is seeking to expand our supply chain solutions, we quickly recognized the synergies between the two companies, the cultural alignment and the complementary value BBF provides. Alexander and team have established an incredible foundation upon which we are eager to grow." -Todd Watson, CEO of Armstrong Relocation & Companies BBF will now operate as Armstrong Transportation Management, LLC. About BBF Global Logistics BBF Global Logistics was founded as a transportation brokerage company in Memphis, Tenn. in 2020. BBF Global started as a freight brokerage provider with full truckload shipping for its more than 100 customers. And while freight is the focal point of BBF Global, Folk continues to make strategic business decisions to grow the company, meet industry demands and cater to customers' needs. About Armstrong Relocation & Companies A family-owned company, Armstrong Relocation was founded as a single operating company based in Memphis, Tenn. in 1957 and has since grown to be an industry-leading provider of moving, relocation and supply chain solutions. With 31 owned-locations, over 400 drivers, 1,400 employees and more than three million square feet of warehouse space, Armstrong's current services include residential and commercial relocation and storage, international freight forwarding, domestic transportation management, logistics and warehousing. For more information about Armstrong visit ArmstrongRelocation.com.

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SOFTWARE AND TECHNOLOGY

AdvancedDock Creators Announce New Logistics Smart Seal™ Technology

Advanced Solutions | May 04, 2022

Advanced Solutions, creators of the AdvancedDock Yard and dock management platform and AdvancedBOL (Electronic Bill of Lading), announced the release and support for their new logistics Smart SealTM. The new product utilizes AdvancedDock to support the ability to seal and capture load and truck information digitally."Smart Seal™ allows our customers to improve the accuracy of data collection for truck and container shipments from shipper to final destination, "Any of us who have had to record, read, rekey or verify seal numbers on a paper bill of lading will appreciate the simplicity of tapping a smart seal using our software and it being captured digitally within our eBOL and available immediately within the backend ERP. This is the simplest scenario, but we are already exploring new use cases with our trial customers." -Managing Principal Phillip Avelar. When launched, the patent pending Smart SealTM will be supported by their AdvancedBOL bill of lading software and AdvancedDock, the next generation yard and dock orchestration platform. Using the company's software, a driver or dock employee can digitally capture and record truck/shipment information by tapping their tablet or phone against the Smart SealTM. Simplifying the collection and tracking of load information and enhancing the security of goods being transported. Smart Seal is the latest product to integrate with Advanced Solutions' Yard and Dock orchestration platform. To learn more about about Smart Seal and Advanced Solutions' enterprise products or to request a demo, visit advsolutionpros.com/AdvancedDock. About Advanced Solutions Advanced Solutions, founded in 1999, specializes in supply chain orchestration solutions. In 2015, it released the logistic industry's first complete electronic bill of lading (eBOL) solution AdvancedBOL for SAP. In addition, the company provides enterprise products such as AdvancedDock for SAP a next generation Yard and Dock orchestration platform for SAP and CommandView for SAP, an AI-based logistics control tower solution.

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Spotlight

We are glad to present you ACE Logistics new corporate movie dedicated to our 25th anniversary. Clips are filmed in Tallinn, Riga, Vilnius, and Minsk in the year 2017. Big thanks to all our employees, customers and partners for years of commitment! Enjoy watching!

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