Cleo

New Year, same supply chain mess

The past year will be remembered for a red-hot economy but supply chain bottlenecks that cost sellers an opportunity to gain market share and grow revenues.

For brands selling direct to businesses (B2B) or consumers (B2C), 2022 can’t be another lost opportunity. Unfortunately, some things are out of their control — COVID-19, port backups, a lack of warehouse capacity and last-mile delivery driver shortages, to name a few. But with a little foresight, they can accomplish some mitigation to make...

https://www.freightwaves.com/news/new-year-same-supply-chain-mess

As e-commerce ramped up, Sauder Woodworking sought technology solution

Customers of Sauder Woodworking are accustomed to finding their ready-to-assemble furniture products in traditional brick-and-mortar stores such as Walmart, Target, Ikea and Office Depot.

But as e-commerce has grown in recent years, the Archbold, Ohio-based company has found it is shipping more items direct to consumers, taking advantage of the omnichannel capabilities of its retail partners as well as e-commerce sites such as Amazon and Wayfair.

“We rely on supply chain agility, end-to-end...

https://www.freightwaves.com/news/as-e-commerce-ramped-up-sauder-woodworking-sought-technology-solution

H.I.G. Capital makes strategic investment in Cleo

Cleo, which like other companies involved in business-to-business (B2B) technology, saw rapid growth in the past year as online commerce and communication accelerated, has received a strategic investment from an affiliate of alternative investment firm H.I.G. Capital.

The companies did not disclose how much the investment was, and Cleo declined to provide an update of previous investment rounds.

Mahesh Rajasekharan, president and CEO of Cleo, told Modern Shipper the investment will “strengthen...

https://www.freightwaves.com/news/h-i-g-capital-makes-strategic-investment-in-cleo

Industry standouts work to make logistics more efficient

FreightWaves’ well-known rapid-fire demos give companies the opportunity to present their newest, most innovative offerings to an audience of their peers. Presenters aim to differentiate themselves from their competitors through high-energy, no-nonsense demonstrations — in seven minutes flat.
Three companies — Kuebix, Cleo and OneRail — set out to impress the crowd during FreightWaves’ North American Supply Chain Summit on Tuesday.

Kuebix

The Kuebix transportation management system (TMS) is built...

https://www.freightwaves.com/news/industry-standouts-work-to-make-logistics-more-efficient

Survey says: Poor integration tools costing logistics companies millions

Poor software integration is costing some companies $250,000 or more, according to preliminary findings of a new survey conducted by Dimensional Research and sponsored by Cleo.

The survey, full results of which will be published in Q1 of 2021, found that 34% of logistics companies are losing over $250,000, and 9% said technology integration problems are costing them over $1 million annually.

“All along we’ve told our customers and prospects, ‘You’ll need real-time end-to-end visibility. You’ll...

https://www.freightwaves.com/news/survey-says-poor-integration-tools-costing-logistics-companies-millions

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