Purchase order tracking

SourceDay secures $31.5M to meet today’s procurement challenges

Procurement collaboration enabler SourceDay has closed a $31.5 million series C led by Norwest Venture Partners with continued participation from existing investors including ATX Ventures, Baird Capital, Draper Associates, Ring Ventures and Silverton Partners to continue its efforts in linking global manufacturers, distributors and suppliers.

According to the Austin, Texas-based company, the average purchase order (PO) has a 52% chance of changing before it is delivered by the vendor. In order...

https://www.freightwaves.com/news/sourceday-secures-315m-to-meet-todays-procurement-challenges

FourKites introduces purchase order shipment tracking

Meijer retail store

Future product suggestions are a staple at FourKites’ annual Visibility conference. In 2019, a proposal to track shipments based on a purchase order was made. One year later, that solution has become a reality.

FourKites, working with retailer Meijer, introduced a multimodal purchase order (PO) lifecycle tracking solution. It was formally unveiled Thursday ahead of FourKites’ Visibility 2020 conference, which was held virtually for the first time.

“In today’s environment of information...

https://s29755.pcdn.co/news/fourkites-works-with-meijer-to-introduce-purchase-order-shipment-tracking