Ridgeline Partners

Former FedEx execs bringing visibility to ‘stock in motion’

In today’s supply chain climate, merchants can be stuck with either stockouts or overstock, both of which leave retailers in a position to lose revenue. Now two former FedEx executives are looking to offer an inventory option they call “stock in motion.” 

With this inventory alternative offered by S+V Technologies, merchants can give consumers an opportunity to purchase items that are in transit to fulfillment centers, eliminating the mystery of when items will be back in stock.

“When shopping...

https://www.freightwaves.com/news/former-fedex-execs-bringing-visibility-to-stock-in-motion

Altana AI raises $15M to alert supply chains of compliance, security risks

Supply chain visibility companies have secured additional rounds of funding throughout 2021 to strengthen their customers’ logistics resilience.

On Monday, New York City-based Altana AI reported it got in on the action as well, announcing it received a $15 million Series A investment in May.

The round was led by GV, formerly known as Google Ventures, with participation from Floating Point, Ridgeline Partners and existing investors Amadeus Capital Partners and Schematic Ventures, which were part...

https://www.freightwaves.com/news/altana-ai-raises-15m-to-alert-supply-chains-of-compliance-security-risks