From Procurement to Profit
Browsing Category

E-Commerce

GEP Teams With Amazon Business for Procurement

GEP, a provider of procurement software and services to Fortune 500 and Global 2000 companies, announced that it has integrated its procurement software with Amazon Business to give its enterprise customers ready access to Amazon…

Target to Acquire Same-Day Delivery Platform

Target Corp. has agreed to acquire Shipt, Inc., an online same-day delivery platform, for $550 million in cash. Target will leverage its network of stores and Shipt's technology platform bring same-day delivery to shoppers nationwide.…

Honeywell Invests In Chinese Supply Chain Software Firm

Honeywell has signed an agreement to acquire a 25% ownership interest in FLUX Information Technology, a provider of warehouse management and supply chain software in China. Honeywell will also form a new joint venture company with FLUX's…

Truck Driver Turnover Rate Rose in Third Quarter

The turnover rate at large truckload fleets rose five percentage points in the third quarter to an annualized rate of 95%, according to American Trucking Associations Chief Economist Bob Costello. "Since bottoming out at the end of 2016,…

DHL Simplifies Air Freight Quotations

DHL Global Forwarding, the air and ocean freight arm of Deutsche Post DHL Group, has introduced a new online freight quotation and booking service for international air freight shipments. The new service creates customer quotations based…

Lowe’s Names Richard Maltsbarger COO

Lowe's Companies, Inc. announced that Richard D. Maltsbarger, Lowe's Chief Development Officer and President, Unternational, has been appointed Chief Operating Officer, effective Feb. 3, 2018. He will continue to report to Robert A.…

LSC Communications Acquires The Clark Group

LSC Communications has acquired The Clark Group from the private equity fund The Gores Group. Clark is a third-party logistics provider of distribution, consolidation, transportation management and freight forwarding services, with nine…

Your Car Will Find A Parking Place – By Itself

Your new Lexus or Toyota may soon be able to find a parking lot near your destination – and tell you the lot's location, its hours, and what it costs to park there. Parkopedia, a parking information service provider, announced that it…

Forecast of 2018 Global Security Threat

The Information Security Forum, an independent information security organization focused on cyber security, identified the five leading global security threats it believes businesses will face in 2018. Key threats for the coming year…

Publication on E-Commerce-Friendly Packaging

Packaging manufacturer TricorBraun has released a digital magazine addressing challenges related to e-commerce faced by consumer-packaged goods companies, and available solutions. TricorBraun said these challenges include consumers'…

Belgian Post Office Buys E-Commerce Logistics Firm

bpost, Belgium's for-profit postal operator, has acquired logistics firm Radial after obtaining necessary approvals from regulatory authorities. The transaction was valued at $870 million. bpost said the acquisition of Radial, a provider…

Autonomous Robots Available to 2,000 Warehouses

Locus Robotics, a provider of autonomous mobile robots for use in warehouses, announced a channel partnership with Supply Chain Services LLC, an integrator of supply chain and warehouse technologies. The partnership will make Locus…

Blockchain Platform for Energy Commodity Trading

A number of of the world's largest trading houses, energy companies and banks announced plans to back a new venture to develop a blockchain-based platform for physical energy commodities trading. The venture will be operated as an…

Drone Delivery Development Agreement

Drone Delivery Canada has signed an agreement with Wolseley Canada Inc. to collaborate on developing a drone delivery solution to expand Wolseley Canada's distribution capabilities. Development, prototyping and testing will focus on…

Ace Hardware Buys Grommet E-Commerce Site

Ace Hardware Corporation announced that it has completed its acquisition of a majority stake in e-commerce startup The Grommet. The Grommet operates an e-commerce website that markets and sells new and innovative products created by…

Conference Nov. 8: Open Source Software in Finance

A one-day conference will be held in New York on Nov. 8 about the use of open source software in financial services. The event will be held at the BNY Mellon Conference Center. Registration is available online. The conference is…

Dori K Skelding is CompoSecure VP Supply Chain

CompoSecure, L.L.C., a manufacturing of financial cards, announced  the appointment of Dori K. Skelding as vice president of Marketing and Supply Chain. Ms. Skelding brings almost 30 years of experience in banking, printing, vendor…

Survey: Businesses Expect Payments to Slow

Over 25% of the value of domestic business-to-business (B2B) receivables in Brazil, Canada, Mexico and the United States remains unpaid more than 90 days past due, according to the September 2017 edition of the Atradius Payment Practices…

DHL eCommerce Adopts FarEye Logistics Solution

DHL eCommerce has adopted a logistics management solution from FarEye to give customers visibility into the movement of goods it is delivering. FarEye,based in New Delhi, provides mobile tools for tracking and managing the logistics of…