From Procurement to Profit
Browsing Category

Technology

Jim Smits is Retail Solutions VP

Retail Solutions, Inc. (RSi), a provider of technology and solutions for the retail sector, announced that James (Jim) Smits is joining the company as Vice President of US Retail Development. Smits will lead all activities with existing…

Christopher Monoson is Rexel Energy President

Rexel Energy Solutions announced that Christopher Monoson, currently Vice President of Finance, has been named President and General Manager. He replaces Scott Munro, who has retired after 40 years with the company. Monoson holds a…

Chinese Checkout Terminal Uses AI

YI Tunnel, an artificial intelligence solutions provider based in Beijing, has introduced a retail checkout terminal that uses AI to enable consumers to purchase items without the need for a cashier. The terminal takes a "look" at the…

Fund Buys Control of Redwood Logistics

CI Capital Partners, a New York-based private equity firm, announced that it has acquired a majority interest in Redwood Logistics, a provider of truckload, transportation management and technology services. Redwood Logistics will…

Weatherford Sells US Fracking Unit to Schlumberger

Weatherford International plc (NYSE: WFT) has sold its U.S. pressure pumping and pump-down perforating assets, used in hydraulic fracturing of oil and gas wells, to Schlumberger Ltd. for $430 million. The revised deal is an asset sale,…

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…

Diesel Forward and Makelim Unit Merge

The Heavy Duty Division of H.G. Makelim Co. has merged with Diesel Forward, Inc. Both companies distribute aftermarket diesel engine parts for manufacturers such as Bosch, Stanadyne, Denso, Delphi, Alliant Power, Borg Warner, and Holset.…

Barny Koehler is Karma Automotive President-China

Karma Automotive announced the appointment of Bernhard "Barny" Koehler to the newly created position of President-China. The company, which makes luxury hybrid cars, said Koehler's appointment reflects the significance of the China…

AgTech Conference of the South – July of 2018

The AgTech Conference of the South will place July 23 through July 25, 2018, at the Alpharetta Conference Center. The inaugural event, led by Tech Alpharetta (previously the Alpharetta Technology Commission), is Georgia's first forum…

Report Shows Surge in Malware Attacks

A new report shows continuing growth of new malware and attack techniques, highlighting the need for layered defenses, advanced threat prevention and stringent security policies. WatchGuard Technologies, a provider of advanced network…

New ISO Standards For Print Colors

New ISO standards have been released to help ensure color consistency in packaging. The International Organization for Standardization standards are 20654 (SCTV, standing for Spot Color Tone Value) and 20616 (PQX, for Print Quality…

Mobile Apps Reshaping Supply Chain Operations

A research study finds that the move to mobile applications is accelerating in warehousing and supply chain operations. The study, performed by VDC Research and sponsored  by Ivanti Software, found that 53% of warehouse operations IT…

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.…

LaVerne Council Joins Grant Thornton Digital Strategy Group

Grant Thornton LLP has named LaVerne H. Council as the firm’s national managing principal for Enterprise Digital Strategy and Innovation. Council previously served as a senior vice president and general manager at Mitre Corporation;…

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…

Tim Burns Is Fusion Worldwide’s VP Sales

Fusion Worldwide, a distributor of electronic components,  announced that Tim Burns has joined the company as Vice President of Sales Americas. Burns brings nearly 20 years of experience to the role. As Vice President of…

Union Pacific Partners With Tech Startup Center

Union Pacific, the world's largest publicly traded freight railroad, is hoping to tap some of Silicon Valley's startup companies to drive innovation in freight transportation. The railroad is partnering with Plug and Play, a leading…

BYTON Opens North American Headquarters

China-based BYTON, an early-stage company aimed at building autonomous, intelligent automobiles, has opened its North American headquarters office in Santa Clara, California. Based in Nanjing, China, it has offices in Beijing, Shanghai,…

Ball Aerospace To Build Weather Satellites

Ball Aerospace has been selected by the U.S. Air Force's Space and Missile Systems Center to deliver the next-generation weather satellite system for the Department of Defense. The contract is to provide system design of a Low Earth…

Seldat Distribution Expands in Latin America

Seldat Distribution, Inc., a provider of supply chain solutions, announced that it has opened three additional locations in Latin America and will soon add a fourth. The company has opened a distribution center in Bogota, Colombia, which…