Substantial improvement in logistics will give a big boost to the make in India initiative

June 29, 2016

The most recent report of the World Bank on trade logistics in the global economy ‘Connecting to Compete’ provides some good news to the government which has been struggling to combat the continued fall in exports for an extended period.

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In the realm of technology, innovation takes on many forms. From groundbreaking, disruptive innovation to incremental improvements of existing technology, successful IT innovation requires disciplined management and creative foresight to transform novel ideas into business value and turn business value into bottom line profit.


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LOGISTICS

Accenture Completes Acquisition of Capabilities from Trancom ITS

Accenture | July 04, 2022

Accenture (NYSE: ACN) has completed its acquisition of digital engineering and operational technology capabilities from Trancom ITS, a Japanese logistics technology services provider. Terms of the transaction, which Accenture announced on March 28, 2022, were not disclosed. Approximately 190 Transcom ITS engineers have joined Accenture Industry X in Japan as part of the transaction. They specialize in cloud-based logistics systems and optimizing warehouse operations with IoT and sensor technology. The acquisition strengthens Accenture’s digital engineering, manufacturing and logistics capabilities to offer hyper-automation solutions at scale, which manufacturing and logistics companies in Japan are increasingly demanding. About Accenture 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.

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SUPPLY CHAIN

EY launches EY OpsChain Supply Chain Manager, incorporating zero-knowledge proof technology for business operations

EY | May 23, 2022

The EY organization announces the beta availability and use of EY OpsChain Supply Chain Manager on blockchain.ey.com, which is a new solution specifically focused on combining product traceability with inventory management across an extended supply chain. While traceability has long been a widely used application by enterprises on public blockchains, the lack of privacy for transactions has limited the adoption of some of the applications by enterprises. Using Polygon Nightfall's zero-knowledge proof-based privacy technology, which is currently a mainnet beta launch, EY OpsChain Supply Chain Manager can help move and track tokens at scale, with low costs, and the privacy required for enterprise applications such as inventory management. This ultimately allows organizations to create fungible or non-fungible tokens representing assets and inventory, and then transfer those across the extended supply chain network. By using a combination of Polygon Nightfall's zero-knowledge proof-based privacy technology and off-chain information management, assets can now be moved across the network with privacy, so that only selected parties can see the full history of those assets. Unlike most enterprise systems, information such as inventory status and location is now retained, even as raw materials and products move across the supply chain and between organizations. "Managing complex operations across enterprise boundaries is a big step forward. EY OpsChain Supply Chain Manager significantly widens the breadth of use cases available for clients to consider." -James Canterbury, Principal and Blockchain Leader, Ernst and Young LLP. Antoni Martin, Polygon Enterprise Lead for Polygon, says This is exactly the kind of commercial use case we envisioned when we set out to build and deploy the Polygon Nightfall network. Enterprise use cases outside of financial services are still not widely developed. Privacy tools open a whole new world for us. Further information about beta access to the EY OpsChain Supply Chain Manager solution is available at blockchain.ey.com. Users initially receive testnet access upon registration for development purposes, followed by production mainnet access, subject to EY client acceptance protocols. About EY EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

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LOGISTICS

XPDEL adds Seattle to its national network of fulfillment centers for ultra-fast delivery

XPDEL | July 08, 2022

XPDEL, a high-tech third-party logistics (3PL) provider, added its latest fulfillment center in Seattle to support local eCommerce and ultra-fast delivery. With fulfillment centers in twelve US cities and three in APAC, XPDEL is emerging as one of the leading solutions for enabling profitable fast delivery. Like all XPDEL locations, Seattle will operate using industry-leading software technology for fulfillment and logistics. In addition to its private fleet of delivery drivers, XPDEL is fully integrated with multiple national and regional shipping and delivery partners. XPDEL has been instrumental in supporting the growth of the ultra-fast delivery market, quickly standing-up new fulfillment centers and logistics solutions to meet the demands of its growing customer base of merchants and eCommerce companies. "We are fortunate to be in a position where we can quickly adapt and grow our network to meet the needs of our customers and their consumers. We are currently the only 3PL provider making deep commitments to the faster than the same day or ultra-fast delivery model, with specialized services that include temperature control for food products. Our ability to add locations quickly and seamlessly, just as we have done in Seattle, allows us to enable growth for our customers." -Nikki Boone, President of XPDEL XPDEL fulfills and delivers both direct-to-consumer eCommerce orders as well as retail and other business-to-business orders. Its network supports 2-Day shipping nationwide and same-day delivery in eleven metro areas. XPDEL uses the latest technology that allows live visibility into inventory, order tracking, analytics, and smart shipping. "I am so proud of our team and its relentless efforts to provide the best possible service for our customers across our network. We are on a mission to help our customers grow. Expanding XPDEL services to Seattle will allow our customers to grow in that market. We have a similar expansion planned for other cities in the US and abroad." -XPDEL's Founder and CEO, Manish Kapoor Unlike traditional 3PL service providers, XPDEL's primary focus is to help merchants and product companies grow their businesses. XPDEL enables companies to sell on multiple platforms in multiple marketplaces around the world, and plans to expand its services in the US, Canada, Latin America, APAC, and Europe. About XPDEL XPDEL is a leading hi-tech 3PL on a mission to enable growth for eCommerce companies. XPDEL operates in North America and India and plans to continue expanding internationally. The company offers a wide range of fulfillment and logistics solutions for eCommerce businesses, including ultra-fast delivery models powered by industry-leading technology platforms. XPDEL clients benefit from live dashboards that provide real-time analytics and actionable data.

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LOGISTICS

Q&L Industrial Services to Support Logistics Processes with Infor

Infor | July 06, 2022

Infor, the industry cloud company, today announced that Q&L Industrial Services, a third-party logistics (3PL) provider headquartered in Slovakia, is migrating to the Infor WMS warehouse management cloud solution to improve performance of stock operations. Q&L expects the new system to provide additional benefits in speed and accuracy for its customers. With its current system, Q&L got to a vendor-lock situation with long lead times while needing to improve flexibility quickly with the current volatile and unpredictable markets. The Infor cloud solution will provide a complete, functional system with faster implementation and time to value. Q&L is planning the initial Infor WMS go-live at a pilot warehouse in mid-summer. The next big warehouse deployment will follow in the autumn. Infor WMS will cover all processes from receiving and put-away to picking, loading, and shipping. The company also is going to integrate Infor WMS with its AGV (automated guided vehicles) systems. "We were looking for an easily scalable and flexible system that can be customized by ourselves, Infor WMS provides the necessary scalability and implementation speed we need for adding new customers. We also appreciate its ability to smoothly integrate with existing logistics systems and operations." -Štefan Homza, CEO of Q&L Industrial Services About Q&L Industrial Services Q&L is a third-party logistics (3PL) provider with a fully integrated and personalized range of services. The group offers robust, stable and predictable customer solutions including preliminary analysis and guarantees 100% match during execution, when responsibility for daily operations is handed over to the team of experts. The group with more than €30 million annual revenues includes four companies and employs more than 800 qualified people. Visit https://www.qlis.eu/#home About Infor Infor is a global leader in business cloud software specialized by industry. We develop complete solutions for our focus industries, including industrial manufacturing, distribution, healthcare, food & beverage, automotive, aerospace & defense, and high tech. Infor's mission-critical enterprise applications and services are designed to deliver sustainable operational advantages with security and faster time to value. We are obsessed with delivering successful business outcomes for customers. Over 60,000 organizations in more than 175 countries rely on Infor's 17,000 employees to help achieve their business goals. As a Koch company, our financial strength, ownership structure, and long-term view empower us to foster enduring, mutually beneficial relationships with our customers. Visit www.infor.com.

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Spotlight

In the realm of technology, innovation takes on many forms. From groundbreaking, disruptive innovation to incremental improvements of existing technology, successful IT innovation requires disciplined management and creative foresight to transform novel ideas into business value and turn business value into bottom line profit.

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