Supply chain radar: struggling with liquidity

The Loadstar | January 08, 2019

“MSC takes four ships and 49% share of Messina Group”, ran the headline in Splash 24/7 on New Year’s Eve. In short, MSC is providing short-term liquidity to the parent company, while taking a controlling stake in a holding which holds assets as collateral.
(Source Splash 24/7) My immediate thought was that such news – almost meaningless, in the bigger scheme of things – was not worth any coverage.

Spotlight

The Projects teams of Bolloré Logistics Chile handled the transportation of a 155-ton transformer from São Paulo, Brazil, to Santiago, Chile, using the Antonov An-225, the world's biggest airplane.


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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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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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PROCUREMENT AND SOURCING

Emergent Cold Latin America Acquires Distribution Facility Located in Recife, Brazil

Emergent Cold LatAm | July 07, 2022

Emergent Cold Latin America (Emergent Cold LatAm), the fastest-growing cold storage logistics operator in Latin America, announced today the acquisition of a modern distribution facility located in Recife, Brazil. This acquisition marks Emergent Cold LatAm’s expansion of its operations into the northeast region of Brazil.The new Emergent Cold LatAm site has a building area of almost 20,000 square meters, with 19,900 pallet positions of storage space. It is well-located within the city of Recife, which is one of Brazil’s largest cities and the most important commercial hub in the northeast region. This acquisition represents Emergent Cold LatAm’s latest investment in Brazil. In November 2021, the company entered Brazil’s cold logistics market with its acquisition of Martini Meat. At the same time, Emergent Cold LatAm purchased DMX Logística, a leading transportation business supporting Brazil’s protein industry. With the new Recife location, Emergent Cold LatAm now has cold storage operations in four states across Brazil: Paraná, Santa Catarina, Rio Grande do Sul, and Pernambuco. “This latest acquisition allows us to provide customers will fully-integrated solutions across a greater area of Brazil, including transportation, storage and other value-added services, I’m pleased to add this high-quality facility to our growing Brazil network.” -Evandro Calanca, Managing Director of Emergent Cold Brazil. 44 Capital Finanças Corporativas acted as financial advisor and Lefosse Advogados acted as legal advisor to Emergent Cold LatAm. About Emergent Cold LatAm: Emergent Cold LatAm (www.emergentcoldlatam.com) is building a cold storage network of the highest quality, to provide integrated and comprehensive temperature-controlled logistic solutions to customers all over Latin America. The company was founded to cover the need for modern cold chain solutions in the market, and to meet the increasing demand from domestic and global customers. With this acquisition Emergent Cold LatAm now operates in 18 cold storage facilities, with more than 500 trucks and 3 facilities now under construction, to complete a total of 9 countries across Latin America.

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TRANSPORTATION

Majestic Steel USA Acquires Quicken Steel and Mercury Transport

Majestic Steel USA | July 15, 2022

Majestic Steel USA, Inc. ("Majestic"), a leading provider of supply chain solutions and prime flat-rolled steel products across North America, has completed two strategic acquisitions in manufacturing and logistics. Quicken Steel LLC, a manufacturer of steel buildings and components based in Claxton, Georgia, and Mercury Transport Inc., a transportation company based in Pittsburg, California, will become wholly owned divisions of Majestic Steel USA, Inc. Quicken Steel will continue to operate independently while using Majestic resources to create synergies. With a niche in providing short lead-times and the quick installation of steel buildings, it's a downstream opportunity that aligns with Majestic's approach to growth and innovation. The acquisition of Mercury Transport is a follow-on investment to Majestic's 2021 acquisition of Merit Steel USA, a West Coast based steel service center with locations in Pittsburg, CA, Fontana, CA, and Longview, WA. "These strategic investments further Majestic's commitment to customer service, supply chain reliability, and innovation in steel. Quicken Steel is an opportunity for us to provide our existing solutions downstream where we believe steel is critical to the future of building. We were attracted to their growth-oriented business model, focus on short customer lead-times, and commitment to sustainability. These acquisitions build on our 2021 investments as we continue to expand our footprint across North America." -Todd Leebow, President & CEO of Majestic Steel USA About Majestic Steel USA Majestic Steel USA, founded in 1979 and headquartered in Cleveland, Ohio, is a privately held and family owned provider of supply chain solutions and prime flat-rolled steel products. Majestic serves its customers in manufacturing, construction and distribution from its network of locations throughout North America. Majestic is a leader in the domestic steel industry with a vision of innovation. Majestic believes steel is critical to American industry and the economy, and continues to supply quality products and the best customer experience

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