Bringing supply chain tech to new heights with cloud-based solutions

Powerhouse logistics companies require powerhouse technology solutions. 

A company’s core programs and applications are central to its daily business operations, and innovative software can be essential to unlocking new markets and revenue streams. On the other hand, inefficient and outdated systems and software may impede peak operating potential and business growth.

Building and maintaining robust customized and flexible systems can be overwhelming, as supply chain technology requirements are...

https://www.freightwaves.com/news/bringing-supply-chain-tech-to-new-heights-with-cloud-based-solutions

Bringg acquires parcel delivery service Zenkraft

Bringg acquires parcel and returns delivery provider Zenkraft, the leading solution for Salesforce

Valentine’s Day is on the horizon, and retailers are falling in love with logistics and transportation companies. BJ’s Wholesale Clubs, American Eagle Outfitters and Ashley Furniture are just a few of the names that have made recent acquisitions to help them get products to their stores and customers faster, and in as many ways as possible.

But to be able to offer timely delivery options like same-day, next-day and returns, retailers desperately need shipping capacity that can juggle them all. A...

https://www.freightwaves.com/news/bringg-acquires-parcel-delivery-service-zenkraft

What does Walmart’s GoLocal service mean for last-mile delivery?

Walmart rolls out new last mile delivery offering GoLocal for SMBs

They say every company is now a technology company. That modern adage of the business world has proved profitable for its followers as e-commerce has swept the globe over the past few years. But that increased order volume has contributed to the sister trend of supply chain backups, a contemporary reality that is coining a new business proverb: Every company is now a logistics company.

It’s a prediction that FreightWaves CEO Craig Fuller made over a year ago, and it’s coming true. Simply put,...

https://www.freightwaves.com/news/what-does-walmarts-golocal-service-mean-for-last-mile-delivery

The future of digital retail is here

Retailers have never had this much on their plates. In the era of ever-changing and evolving technology, there are more opportunities to engage customers than ever before, but the constraints of time and money make it nearly impossible for retailers to run their core business while simultaneously becoming tech wizards.

The problem is that that tech wizardry is more necessary than it’s ever been. During and even before the COVID-19 pandemic, retailers have been forced to digitize. So as...

https://www.freightwaves.com/news/the-future-of-digital-retail-is-here

HubTran is final piece for TriumphPay in buildout of a transportation payments network

TriumphPay is acquiring HubTran

TriumphPay plans to consolidate payment processes into a single, integrated platform for what CEO Jordan Graft said will be the first transportation payments network. To do that TriumphPay was missing one key element: a settlement process.

It is solving that piece of the puzzle through the acquisition of HubTran. TriumphPay, a division of Triumph Bancorp (NASDAQ: TBK), announced Wednesday after market close that it has entered into a definitive agreement to acquire HubTran, which provides...

https://s29755.pcdn.co/news/hubtran-is-final-piece-for-triumphpay-in-building-a-transportation-payments-network

Bringg platform democratizes third-party seller data

In 2020, e-commerce transactions skyrocketed to new heights as consumers opted for online shopping to protect their health. According to ACI Worldwide, a global leader in real-time digital payments, there was a 24% increase in year-over-year e-commerce transactions in December 2020 compared to 2019. With this increase — driven largely by the pandemic — retailers are beginning to experience issues with scaling their delivery services.

According to the Reuters Supply Chain Last Mile Report, only...

https://www.freightwaves.com/news/bringg-platform-democratizes-third-party-seller-data

Cloud-based supply chain provider Manhattan Associates’ pipeline ‘never stronger’

2020 "best year ever"

Management from Manhattan Associates (NASDAQ: MANH), a supply chain solutions technology provider, beat fourth-quarter forecasts and raised 2021 guidance on Tuesday.

The Atlanta-based company is currently projecting revenue from remaining performance obligations — unearned revenue or future bookings for its cloud services with a noncancelable contract term of more than one year — to exit 2023 at more than $1 billion. That figure was just north of $300 million at the 2020 close.

“Global demand and...

https://www.freightwaves.com/news/cloud-based-supply-chain-provider-manhattan-associates-pipeline-never-stronger

Supply chain software provider Manhattan Associates beats Q3 estimate; 2021 guide light

Forklift in warehouse

Management from supply chain solutions technology provider Manhattan Associates (NASDAQ: MANH) said they are starting to see “modest improvement” in the global macro environment.

On their Thursday third-quarter conference call, they said forward demand for their supply chain management solutions is strong as nine out of 10 consumers are seeking an omnichannel experience and those that use more than one delivery channel spend 10% more than single channel users. They said distribution center...

https://www.freightwaves.com/news/supply-chain-software-provider-manhattan-associates-beats-q3-estimate-2021-guide-light