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Nordstrom | June 01, 2020
Nordstrom decreased its inventory 26% in the first quarter of 2020 compared to the same period last year, according earnings results released Thursday. Sales decreased 40% in the quarter year over year, and the company posted a $521 million net loss."With inventory as our biggest lever of flexibility, we reduced receipts by 30% during the first quarter, generated customer demand through increased marketing and promotions, and utilized our fulfillment capabilities to clear inventory he...
Supply Chain
Premier, Inc | October 27, 2021
Premier, Inc. a leading technology-driven healthcare improvement company, and Resilinc, the leading supply chain monitoring, mapping and resiliency solution, today announced a new collaboration to drive greater supply chain transparency, risk mitigation and business continuity for U.S. healthcare providers. Supply chain disruptions spiked 67 percent in 2020, with the impact of these disruptions rippling across the globe as demand for critical medical supplies and drugs surged 7X t...
Software and Technology,Supply Chain
Pivotree Inc., | January 12, 2023
Pivotree Inc., a leading frictionless commerce solutions company, recently announced its partnership with Newmine, a retail technology leader and developer of Chief Returns Officer® solution, to improve supply chain agility and resiliency with a new merchandise returns reduction joint offering. Newmine lets retailers and consumer brands rethink product returns. The synergies created with Newmine's Chief Returns Officer® solution and Pivotree's supply chain portfo...
Software and Technology
businesswire | April 24, 2023
Cubic Transportation Systems (CTS), a division of Cubic Corporation, announced today industry-leading improvements to its Gridsmart cameras product line that allow traffic professionals to detect and track vehicles and pedestrians with more clarity than ever. Built with durability, the enhanced cameras provide all road users with a safer and more efficient intersection experience. “While it’s exciting to be leading new applications of technology and AI, Cubic always re...
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