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.
SOFTWARE AND TECHNOLOGY
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.
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.
Certa | July 01, 2022
Certa – a leading supplier management platform – released Studio 2.0, a new version of its industry-leading no-code workflow design product, to help organizations more effectively navigate and overcome supply chain disruptions.Amid ongoing globalization challenges, record inflation, and a looming recession, procurement teams need speed and flexibility to adapt to market changes. Studio 2.0 equips businesses with exactly that – enabling procurement to rapidly onboard new suppliers, optimize compliance, and manage risk in a more flexible manner, without any IT bottlenecks.
“The COVID-19 pandemic and war between Russia and Ukraine have proven that interconnectedness comes with great vulnerability. Governments are requiring greater hygiene with rules and regulations that make international business relations harder than ever. As a result, companies are confronted with compliance challenges and are quickly reorganizing their supply chains, Certa enables businesses to overcome today’s market complexity and manage the entire supplier lifecycle at scale – from quickly onboarding and ensuring compliance, to continuously monitoring risk and ESG rankings. Throughout the global chaos, we’ve seen too many businesses playing catch up because IT couldn't respond to their needs fast enough. Studio 2.0 solves this problem by enabling business users to quickly and easily change business processes and onboard new partners.”
-Jag Lamba, founder, and CEO of Certa
According to recent research from Forrester, 87 percent of procurement decision-makers recognize the importance of accelerating their response to the ever-changing market. However, as procurement teams tackle the reorganization of supply chains, the burden of onboarding, managing compliance, and mitigating risk is heavier than ever. Supplier onboarding and partner management have become an organization’s first line of defense against growing security concerns, new regulations, and volatile consumer demands. Certa is a lifeline for businesses that need to quickly partner with new suppliers in the wake of global changes, regulations, and skyrocketing costs. Certa’s enhanced capabilities with this new release empower businesses to easily manage compliance through a constantly evolving supplier landscape, all while mitigating the inherent risk that comes along with market fluctuation and volatility. In a time where trusted partners have never been more critical, Certa’s Studio 2.0 allows businesses to be more agile and informed than ever before.
Certa’s Studio 2.0 is the next generation of Certa’s no-code platform, allowing users greater flexibility with new modules, clear visibility into process dependencies, and a more responsive, drag-and-drop interface that all business users can navigate to significantly reduce the timeline and level of effort required to create a customized solution.Certa Studio 2.0 is now available to new and current customers. To learn more, please visit: getcerta.com For more information, visit www.getcerta.com. Follow Certa on Twitter and LinkedIn to stay up to date.
Based in the San Francisco Bay Area, Certa is a leading no-code supplier lifecycle management platform, eliminating onboarding bottlenecks, and empowering companies to easily do business with good companies. Founded in 2015, Certa uses more than 100+ integrations with trusted data sources and systems to automate and orchestrate workflows, allowing for 3x quicker third-party vendor onboarding while minimizing risk and increasing transparency. Certa has onboarded over a million companies across 120 countries for clients that range from leading tech firms to Fortune 500 companies. Learn more at https://www.getcerta.com.
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
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.