Accenture | September 07, 2022
Accenture (NYSE: ACN) has agreed to acquire Inspirage, an integrated supply chain specialist firm focused on Oracle technology. The acquisition will further enhance Accenture’s Oracle Cloud capabilities, helping it accelerate innovation for clients through emerging technologies, such as touchless supply chain and digital twins. Terms of the transaction were not disclosed.Founded in 2007, Inspirage is headquartered in Bellevue, WA with offices across North America, Europe and Asia. Once the acquisition is completed, its 710 employees will join the Accenture Oracle Business Group, further bolstering its Oracle supply chain skills and expanding its capabilities to help product-centric clients create interconnected, intelligent and innovative supply chain networks.
“In a time of unprecedented disruption and supply constraints, companies need to reimagine, build, and operate supply chain networks that orchestrate change, simplify people’s lives and positively impact business, society and the planet, With the addition of Inspirage and its deep industry and systems experience, Accenture will be even better positioned to help our clients reinvent supply chain and manufacturing through Oracle technologies.”
-Renato Scaff, North America lead of Accenture Supply Chain & Operations
With a focus on digitally transforming product-based industries utilizing Oracle Cloud technologies, Inspirage helps to break down silos across innovation and product life cycle management, supply chain, logistics, enterprise finance, and analytics to achieve operational excellence. It serves clients in high-growth micro verticals within the high tech, life sciences, manufacturing, consumer goods, retail, and oil and gas industries. Inspirage is a Platinum level member of Oracle Partner Network.
Our goal is to drive value for our clients, empowering them to evolve their businesses by embracing the cloud continuum and digital technologies,” said Samia Tarraf, North America Oracle Business Group lead at Accenture. “We look forward to joining forces with Inspirage, a highly valued Oracle partner with top talent and an impressive track record. Together, we will help unleash the power of Oracle Cloud to drive impactful results.
"For 15 years, we have been highly focused on customer success and innovating to stay ahead of client and industry challenges. Our people take immense satisfaction in solving the most difficult supply chain problems and making a difference for our clients and Oracle partners. Together with Accenture, we can deliver these highly specialized capabilities at scale globally, while creating new growth opportunities for our people."
-Srini Subramanian, CEO and co-founder, Inspirage
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 710,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at accenture.com.Completion of the acquisition is subject to customary closing conditions.
Montway Auto | August 02, 2022
The transportation and logistics industry has lagged in the digitalization trend that has modernized other industries. Moving vehicles through the supply chain relies on manual tasks and multiple platforms, offering dealers little sense of where in-transit vehicles are until they arrive at the lot or are checked in at auction. Montway Auto Transport, one of the nation's leading third-party logistics brokerages, launched the Montway Automation Portal (M.A.P.), a digital platform that improves efficiency for both shippers and carriers, enables visibility of inbound and outbound vehicles for better inventory management and helps control or reduce transportation costs.
"The challenges keep mounting for dealerships, auctions, rental car companies and other businesses that rely on vehicle movements and our business customers want innovations to help them gain a competitive advantage,The Montway Automation Portal provides the transparency they need to better manage inventories and increase speed to consumers."
-Mike Trudeau, Executive Vice President of Business Development at Montway Auto Transport.
M.A.P. is built on industry-leading, proprietary technology that leverages market-based pricing and a streamlined transportation management system. Users can enter a VIN or multiple VINs into the portal to receive pricing, book orders and track units in real-time to complete delivery via a user-friendly dashboard. Additionally, M.A.P. offers public tracking links users can share with end customers, on-demand pricing and a centralized location for storing digital records (proof of delivery documents, BOLs, gate passes and photos).
"Digitization is a proven way to transform businesses and auto transport is no exception. M.A.P. was designed to modernize and optimize auto transport from creating orders to providing tracking of units through to delivery,Shippers now have real-time access to their transportation data, allowing them to manage inventory as well as understand and control transportation expenses."
-Kaye Ceille, President, Business Solutions Group at Montway Auto Transport.
For 15 years, Montway has been providing transparency and trust to our customers. This is one more way we deliver for our automotive partners and their customers.
To learn more about Montway Auto Transport and M.A.P., please visit www.montway.com and www.montway.com/map.
About Montway Auto Transport
Founded in 2007, Montway Auto Transport has grown to be the nation's leading automotive transport company supporting vehicle transport to all 50 states including Alaska and Hawaii, as well as Europe – offering extended service hours, 365 days a year. In addition to a retail division serving the privately-owned vehicle market, Montway has a business solutions sector focused on the automotive logistics needs of enterprises in sales, remarketing, manufacturing, moving and relocation, and finance. Montway Auto Transport sets the industry standard for innovative logistics technologies and customer service.
PROCUREMENT AND SOURCING,FREIGHT
NYSHEX | September 01, 2022
NYSHEX is excited to partner with Hapag-Lloyd, a leading global liner shipping company, to improve and streamline the performance of its Quality Freight Product (QFP) contracts. The partnership will allow Hapag-Lloyd to deliver an enhanced customer experience by adding automated performance reporting and exception management to the carrier’s portfolio of industry-leading digital tools.
Reporting on contract fulfillment has been a long-standing industry challenge, as static tools in many cases do not quite meet the needs of shippers today. With this partnership, Hapag-Lloyd is addressing this issue and providing its customers with an efficient and modern way to manage performance, exceptions and reconciliations.
Specifically, the Powered by NYSHEX solution brings together multiple data systems to provide a consolidated and accurate view of Hapag-Lloyd’s QFP contract performance, which is essential to accurately report on two-way enforceable contracts. This allows near real-time visibility and daily monitoring of the degree to which the individual contract parties are living up to their respective commitments. At the same time, by identifying problems and powering exception resolution through technology, the NYSHEX technology will also significantly improve the shipper experience.
Hapag-Lloyd has embedded NYSHEX in its digital infrastructure, providing a frictionless way to monitor and improve contract performance. Hapag-Lloyd customers can now drill down through the user interface to see how contracts perform at multiple levels, ranging from lane level to booking details. After a very successful initial pilot, the solution is now being rolled out to all QFP customers globally. With this partnership, Hapag-Lloyd is solidifying its status as a leading provider of cutting-edge digital solutions that enhance the customer experience.
Hapag-Lloyd’s Quality Freight Product (QFP) is a guaranteed fulfillment contract specifically tailored to our customers’ needs, and we will now be able to enhance the customer experience thanks to this partnership with NYSHEX. The solution provided by NYSHEX combines technology, data and analytics in a way that will help us and our customers to better monitor contract performance and to resolve any issues that may arise. We are excited about this partnership. Henrik Schilling, Managing Director – Global Commercial Development, Hapag-Lloyd
“We are delighted to support Hapag-Lloyd in its quest to enhance and modernize its ocean freight contracts. Committed contracting, efficient exception resolution, and clear performance data are the cornerstones of the NYSHEX experience. Our Powered by NYSHEX technology puts trust and reliability at the core of contract fulfillment. This friction-free approach will enable Hapag-Lloyd to optimize its global network and support its Quality Promises.”
-Gordon Downes, CEO NYSHEX
With a fleet of 248 modern container ships and a total transport capacity of 1.8 million TEU, Hapag-Lloyd is one of the world’s leading liner shipping companies. The Company has around 14,000 employees and 418 offices in 137 countries. Hapag-Lloyd has a container capacity of approximately 3.0 million TEU – including one of the largest and most modern fleets of reefer containers. A total of 123 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents. Hapag-Lloyd is one of the leading operators in the Transatlantic, Middle East, Latin America and Intra-America trades.
Founded in 2014, NYSHEX's digital contracting infrastructure provide shippers and carriers with a predictable, efficient, and accountable system for global shipping. The technology keeps supply chains moving and strengthens relationships. Customers include seven of the leading global ocean carriers and over 250 BCOs and NVOs. The Company's headquarters are in NYC, with over 100 employees across the globe. Learn more at NYSHEX and connect on LinkedIn.
Expedite All | August 30, 2022
Expedite All announced the launch of a new, nationwide expedite transportation network that gives shippers on-demand access to more than 1,000 carriers offering over 5,000 expedite vehicles at rates up to 10% lower than traditional expedite. Expedite All is disrupting the expedite industry, leveraging proprietary Truck Map and Freight Rate Calculator technology and a network of trusted small vehicle carriers to offer shippers a new transportation option: short-, medium- and long-haul expedite services that can be utilized for routine shipping needs. Expedite All's fast-growing small vehicle network offers an effective transportation solution for virtually any shipper in any industry, from the first mile to the last mile.
"Due to the high cost, shippers use traditional expedite only when they have to, and mainly for relatively short distances The new Expedite All model makes it faster, easier and less costly to utilize expedite services for everything from short- to long-haul shipments, essentially providing shippers with a new transport mode that adds flexibility to their everyday transportation mix."
-Alex Winston, president of Expedite All
Exclusive transportation service often means placing a load as small as one pallet on a dedicated 53-foot semi trailer, which is inefficient and environmentally unfriendly, continued Winston. That pallet could be loaded onto a small vehicle, like a sprinter van, that is faster, costs less and offers a much more sustainable option for shippers. Sprinter vans are as much as two and a half times more fuel efficient than semi trucks, so they emit two and half times less CO2 into the atmosphere. By providing shippers with access to a large network of small vehicles, Expedite All is on the front lines of delivering greener, more efficient transportation solutions.
Expedite All offers immediate access to more than 5,000 expedite vehicles, including sprinter vans, cargo vans, straight trucks and box trucks across the continental U.S. On average, a standard sprinter van can carry up to three pallets, a box truck can carry up to seven and a straight truck can carry up to 14, representing an enormous amount of untapped capacity that Expedite All is making available to shippers. At launch, the size of the company's network rivals the available capacity of the largest existing expedite providers, with plans to grow.
Expedite All's map-based user interface provides shippers with real-time visibility to available vehicles, making finding and booking the right vehicle fast and easy. Expedite All's Freight Rate Calculator uses proprietary algorithms to allow shippers to quickly get an estimated rate quote without having to call and compare rates from multiple expedite providers. Shippers can track their shipments online from pickup to delivery and receive 24/7 dedicated phone support throughout their shipment's journey.
About Expedite All
Expedite All is an emerging industry disruptor, leveraging proprietary Truck Map and Freight Rate Calculator technology and a network of more than 1,000 trusted small vehicle carriers to offer shippers a new transportation option: short- to long-haul expedite services at rates up to 10% lower than traditional expedite. Expedite All is a faster, less costly and more sustainable transportation solution. To learn more, visit www.expediteall.com.