UPS to Acquire Marken, a Leader in Global Clinical Supply Chain Solutions

Marken | November 07, 2016

UPS (NYSE:UPS) has entered into a definitive purchase agreement to acquire Marken, a global provider of supply chain solutions to the life sciences industry. The transaction, which provides UPS with growth opportunities across the life sciences customer base, is expected to close by Dec. 31, subject to customary conditions and regulatory approvals. Terms of the acquisition were not disclosed.

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One of the amazing blessings of getting to work at an agency is we get to see over 50 different companies and the challenges that they face. In today’s video, we’re going to talk about the biggest B2B marketing challenges that we see every day as an agency.


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SUPPLY CHAIN,TRANSPORTATION

Montway Auto Transport Announces Enhanced Visibility of the Automotive Supply Chain with New Digital Platform

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.

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SOFTWARE AND TECHNOLOGY

Kinaxis and Blume Global to Empower Better Responses to Supply Chain Transportation Disruptions

Kinaxis Inc | June 14, 2022

Kinaxis® Inc., the authority in driving agility for fast, confident decision-making in an unpredictable world, and Blume Global, the only multimodal supply chain orchestration platform uniting end-to-end visibility, supplier management and logistics execution, today announced a partnership that will connect Blume Global's logistics visibility and transportation management system (TMS) with the Kinaxis RapidResponse® concurrent planning platform. The result will be better alignment between supply chain planning and execution, enabling companies to quickly remedy, or even avoid, freight transportation disruptions. Freight transportation disruptions are now one of the most common, and most costly, forms of supply chain interruption. Organizations need new levels of supply chain agility across planning and execution to understand the business-wide impact of a shipment delay and be able to take action in time to mitigate the risks to cost and customer service. By combining Kinaxis' unique concurrent planning technique with Blume Global's TMS shipment data, companies will be able to dynamically generate new plans to quickly get shipments back on track and ultimately have improved supply chain resiliency. "For nearly three years, the supply chain industry has been defined by uncertainty. That is likely to continue. While major disruptions used to occur every few years, we are now facing significant events annually – or even more frequently, Our partnership with Kinaxis will give customers around the world access to robust, innovative logistics planning and execution solutions so they can create agile processes that adapt quickly to even the most challenging circumstances." -Pervinder Johar, CEO of Blume Global. As part of the new combined offering, Blume Global will synchronize core TMS shipment data to RapidResponse, providing real-time exception-based alerts that ensure customers focus on business-critical shipments and updated ETAs for shipments that exceed defined tolerance levels. From there, customers will be able to generate and execute alternate shipment plans with a full understanding of how the alternate plan will impact key performance measures. "The intersection point between supply chain planning and execution has never been more critical. When a disruption happens, it's not enough just to be able to create a new plan quickly. Companies must be able to execute quickly as well, Our new offering with Blume Global helps companies do just that by delivering concurrent planning and execution, providing a new level of supply chain agility." -John Sicard, CEO of Kinaxis Blume Global joins the growing Kinaxis ecosystem of Solution Extension partners. These partners increase the value customers gain from RapidResponse by delivering digital inputs and developing domain-specific applications that leverage the power of concurrent planning and extend the capabilities of the widely-trusted planning platform. About Blume Global Blume Global is a multimodal supply chain orchestration platform that unites end-to-end visibility, supplier management and logistics execution. As the single source of truth for logistics data, Blume provides visibility throughout the value chain, from sourcing to delivery. Shippers use Blume solutions to navigate disruptions and create agile plans amid supply chain uncertainty. Blume has the most extensive network among logistics technology providers. The company's direct connectivity to the ocean, air, rail, parcel, LTL and truckload carriers combines with Blume's solutions and 28 years of industry data to maximize transportation spend, improve customer service and reduce carbon emissions for users. These solutions are supported by a sizeable R&D organization that is continually adding new high-value features. By developing technology that streamlines the logistics world, Blume Global is leading the industry in creating supply chain sustainability solutions, fighting climate change by eliminating significant carbon emissions in a world where most freight is transported using fossil fuels. About Kinaxis Inc. Everyday volatility and uncertainty demand quick action. Kinaxis® delivers the agility to make fast, confident decisions across integrated business planning and the digital supply chain. People can plan better, live better and change the world. Trusted by innovative brands, we combine human intelligence with AI and concurrent planning to help companies plan for any future, monitor risks and opportunities and respond at the pace of change. Powered by an extensible, cloud-based platform, Kinaxis delivers industry-proven applications so everyone can know sooner, act faster and remove waste. For more Kinaxis news, visit Kinaxis.com or follow us on LinkedIn or Twitter.

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TRANSPORTATION

Shipwell Introduces Load Optimization as Part of Its Transportation Management System

Shipwell | May 18, 2022

Shipwell, an industry leader in cloud-based shipping and logistics, announced the release of a load optimization feature built directly into the company’s transportation management system (TMS). This feature helps customers significantly reduce the time it takes to plan and route shipments, the costs associated with moving them and the carbon emissions produced by the carriers hauling them.Combining orders into shipments is often a manual process done by an individual or team within the logistics department, who utilize third-party software or spreadsheets outside of their TMS. “Shippers finding ways to optimally consolidate orders into shipments and route those shipments with the fewest number of trucks required is critical, With the ever-increasing capacity constraints since the start of COVID-19, exacerbated by crunches such as produce season, load optimization is one of the biggest areas of need. Even with rates for truckload dry van and reefer dropping from historic highs, packing multiple customer orders into the most ideal mode allows a greater quantity to be dispatched at once, greatly reducing both the costs for the shipper and the number of miles those shipments need to travel before reaching their destination.” -Shipwell co-founder and CEO Greg Price How load optimization works to help shippers Shipwell’s load optimization feature leverages a proprietary algorithm to assess each individual order’s details, including size, weight, locations, pickup and delivery times. In a matter of seconds, the orders are consolidated into the most cost-efficient routes and modes. By utilizing Shipwell’s integrated pricing intelligence tool, the feature forecasts individual load rates and compares them to optimized routes to provide a clear picture of the potential savings. The feature eliminates customers’ need to manually import and export data from third-party planning tools while providing shippers with the ability to customize load plans. Whenever an order is manually added or removed from a shipment plan, the algorithm automatically recalculates the cost and most efficient route for the shipment. The tool helps planners save time and money. We used to spend four to five hours per week manually planning our shipments and looking for multi-stop truckload opportunities that would lower our shipping costs, said Debbie Lombardo, shipping manager at Tarrier Foods, a Columbus-based supplier of candy and nuts. “Shipwell’s load optimization feature has changed how we operate, and has helped us uncover routes we wouldn’t have considered, or realized were an option. Beta customers who partnered with Shipwell in developing the load optimization tool have realized savings ranging from 20% to 40% through consolidating their orders into full truckload or less-than-truckload shipments, and routing the trucks in the most efficient routes possible — all while ensuring delivery windows are met. Load optimization makes it easy for me to find consolidation opportunities that save us money and minimize our shipping costs,” said Angela Steele, head of inventory and planning at Crowd Cow, a Seattle-based supplier of sustainably sourced meat and seafood. I had never scheduled freight before, and Shipwell made the process so easy to learn and stay on top of all the moving pieces. After only a month of running freight, I now feel confident in my ability to work with carriers and know that I am getting the best rates. Efficient routing using the tool also ensures the shippers may reduce the carbon footprint of their shipments. One beta customer was able to reduce more than 10,000 pounds of carbon emissions by slashing the distance driven by more than 2,700 miles for just one shipment batch. To learn more about the ways that Shipwell enables shippers to efficiently plan and route shipments, request a demo today. About Shipwell In a world where shipping expectations and complexity are greater than ever, Shipwell is on a mission to empower supply chain efficiency at scale across every company size, stage, and industry. Supply chain solutions today are highly disconnected, rigid, and difficult to use, but Shipwell is disrupting the status quo. Our solution combines everything our customers need in a comprehensive platform that adapts as the market and business demands change, so they can effectively manage the entire process in one place and never have to rip and replace. Shipwell is proud to be recognized by industry experts as a leader in shipping and logistics, including Gartner Magic Quadrant for TMS, Forbes 2020 Next Billion-Dollar Startup, and was named fourth fastest-growing company in North America on the 2021 Deloitte Technology Fast 500. To learn more, visit www.shipwell.com.

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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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Spotlight

One of the amazing blessings of getting to work at an agency is we get to see over 50 different companies and the challenges that they face. In today’s video, we’re going to talk about the biggest B2B marketing challenges that we see every day as an agency.

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