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TradeCard Outlines Strong Growth in 2005
Financial supply chain solution provider TradeCard outlined its 2005 results, noting that its growth had exceeded 70 percent during the last year. This actually marks the third straight year of significant expansion for the company. The New York-based company offers a trading platform used by buyers and sellers in 40 countries to manage mutual transactions, with visibility to initial orders through final settlement. The solution provider attributed the strong performance during the year to new product launches. The new products released in 2005 included an early payment program, chargeback management and warehouse reconciliation functionality. Sdcexec reports:
In 2005, the company added more than 600 new members to its TradeCard Platform in over 40 countries, which the solution provider attributed to a trend of more companies looking for cost-efficient yet flexible ways to source globally. New customers for the enabler in 2005 included Patagonia, Hartmarx, Under Armour and J. Jill.
Subscribe to the comments for this postGwen Hassan joins NAL Worldwide
Gwen Hassan has joined NAL Worldwide, an industry leader in providing customized managed supply chain solutions, as Vice President, General Counsel and Secretary. This announcement was made by Douglas Christensen, President, NAL Worldwide. E Media Wire reports:
This leadership addition is a part of NAL’s growth and development strategies. Gwen Hassan would be based at Nal Worldwides New Addison, IL corporate headquarters.
Manhattan Associates introduces SCM solution
Manhattan Associates Inc., a leading supply chain solutions provider, recently released its latest set of supply chain management solution. The companys 2006 Supply Chain Management release is the first commercial release of its supply chain management solution that includes both supply chain planning and supply chain execution. This integrated approach to supply chain management is the basis of Manhattan Associates solutions roadmap.
The company is focused on delivering demand to consumption solutions. These would enable companies to shape, predict and respond in a demand driven environment, create information transparency from the manufacturer to the consumer, enable operational agility in supply chains that are evolving or consolidating and also deliver increased customer responsiveness even in businesses with multiple channels or short cycle times.
Business Wire reports:
The companys 2006 Supply Chain Management provides an expanded solution portfolio that includes planning and replenishment solutions. It also features a standalone demand forecasting solution that enables the entire supply chain enterprise to be driven according to a common demand model.
Intelligent Supply Chain - an RFID enabled technology, introduced for companies
Click Commerce, a supply chain management solutions provider, has partnered with Vue Technology, an RFID solution provider, to provide companies with a more effective RFID investment and offer an end to end RFID enabled technology. The new solution, Intelligent Supply Chain, offers a cost effective RFID solution designed to create value for all participants in the supply chain.
Business Review Ltd reports:
The companies claim that this software provides the sense and response capabilities necessary to manage complex supply chains in real time. It also offers improved cycle counting, higher inventory accuracy, and increased visibility into the supply chain in a cost effective manner.
Take Solution introduces e-registry
Take Solutions, a supply chain management(SCM) solutions provider, has launched an electronic filing web based software application, e-registry, targeted at banks, financial institutions, government agencies, mortgage companies and notary public. The application is designed specifically for the management of land related documents and records at the government level and can interface with any existing land record management system in a seamless manner. Business Standard reports:
The solution has already found acceptability in the US government, which will deploy the solution in 67 countries in Pennsylvania during the year 2006. The solution will enable users to realize 40-60 per cent reduction of costs in filing land records.
Masuda appointed President for Manugistics
Manugistics Group Inc., a leading provider of synchronized supply chain management and revenue management solutions, recently announced that Susumu Masuda has been named as the President and Representative Director of Manugistics Japan. KK Masuda would be reporting to Manugistics President of Asia Pacific Operations Mark R Weaser.
The group provides global services to support Japanese companies operating in the region, to develop their SCM initiatives. The group has a record of handling SCM projects with more than 60 companies, so far. In the past decade, the advantages of proper SCM have been increasingly recognized by companies in Japan. As a result, most companies now look at SCM projects with a deeper understanding and recognition of how critical the project can be for their business.
Masuda brings over 35 years of SCM and IT experience in industries like manufacturing, retail, consumer goods and distribution. Prior to joining Manugistics, Masuda was the President of e-manufacturing Co. Ltd, a leading Japanese solutions provider for the manufacturing industry. Masuda has also held senior positions at Cap Gemini Ernst and Young, Japan, Broadvision Japan, IBM Japan, to name a few. TMC Net reports:
With the addition of Masuda to Manugistics Japan, the organization will continue supporting customers throughout Japan. The company will also support SCM projects of Japanese companies operating in the Asia Pacific region, including China.
WSU confers Masters in SCM Degree
Wright State’s Raj Soin College of Business has recently awarded its first batch of master’s of science degrees in logistics and supply chain management. This course is different in a way, as the students are executives from companies that sponsor their participation. Also, that the course replaces the traditional master’s thesis with a corporate project geared to meet a specific company need. Daytondailynews reports:
Vikram Sethi, chairman of the college’s information systems and operations management department, said the new program meets a specific need identified by corporate advisers. "We are the logistics center (of the Dayton region), yet we had no advanced degree" in the subject, he said Friday.
SAPICS Offers New SCM Program
It was recently reported that the very first comprehensive educational program, which is designed for operations and supply chain management professionals has been launched in South Africa by SAPICS the Professional Society for Supply Chain Management. The new program offered by the society is internationally recognized Certified Supply Chain Professional (CSCP) program, which is in association with its United States-based affiliate, the Association for Operations Management (APICS).
Globally supply chain management is playing a crucial role in all organizations, from manufacturing outfits to the service industry, and in companies that serve business and consumer markets, for profit or not-for-profit. As outlined, the CSCP program aims at studying the supply chain management field in great depth. It goes beyond the internal operations to include all the steps throughout the supply chain, from the supplier, through the company, to the end-user.
Instrumentation reports:
SAPICS president Tracy Cheetham says: "Customers already expect good quality at low prices, and speed of delivery is becoming increasingly critical. Successful supply chain management has become essential to compete successfully in today’s competitive global marketplace."
E2open market Leader in SaaS Segment
E2open, a leading provider of software and services for distributed global supply networks, reported that it has deployed and currently operates more supply chain and supplier relationship management (SRM) systems in a software-as-a-service (SaaS) model than any other vendor in the world. The typical supply chain-SRM segment takes care of both internal and external processes. Prnewswire reports:
E2open currently powers over 50 supply chain information hubs, sometimes referred to as "eHubs," for leading companies in the electronics, aerospace and defense, and automotive industries, connecting more than 12,000 trading partners and 45,000 users.
Strategic Distribution, Inc. Annouces Results
Strategic Distribution, Inc., a leading provider of maintenance, repair and operating (MRO) supply chain management services, reported financial results for the Q305. The Company reported revenues of $37.5mn for the quarter, up from $30.5mn in Q304. Yahoo Reports:
The increase in revenues was attributable to $7.4mn of revenue growth within the existing customer base, $0.1mn of revenues from new customers, offset by a $0.5mn decline in revenues relating to contracts terminated in prior periods.