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OMNIQ AWARDED A FOLLOW-ON PURCHASE ORDER FOR ITS AI-BASED MACHINE VISION SOLUTION TO BE INSTALLED IN A CRITICAL HOMELAND SECURITY PROJECT

Retrieved on:

Thursday, April 25, 2024

Homeland security, Supply, Safety, Hostility, AI, Machine learning, Software, Computer, Artificial intelligence, Intelligence, Crime, Terror, Medical device

SALT LAKE CITY, April 25, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced that the Company has received a follow on order to provide its, AI-based machine vision safety solution to a top, defense authority for the prevention of terror attacks in a sensitive zone outside the US.

Key Points:

Awarded project, located in one of the most sensitive spots worldwide, designed for Terror Prevention.
The project includes the deployment of hundreds of AI based sensors and software with powerful computers to provide vital real time performance.
We are fulfilling this follow-on order with the highest level of pride and responsibility,” said Shai Lustgarten, CEO of OMNIQ.
We provide critical notifications and intelligence to homeland security organizations based on the most sophisticated AI and machine learning technology.

Descartes’ Study Reveals 54% of Supply Chain and Logistics Operations are Prioritizing Automation to Mitigate Workforce Shortages

Retrieved on:

Monday, April 15, 2024

Supply, Corporate title, René Descartes, Investment, Descartes Systems Group, EVP, Commerce, TSX, Face, DSG, Workforce, Are, Organization, Growth, Management

The study shows that 54% of the supply chain and logistics leaders surveyed are focused on automating non-value-added and repetitive tasks with technology to improve worker productivity in the face of notable workforce shortages, which underscores the many functions in supply chain and logistics that are routine and non-integrated, requiring manual intervention.

Key Points:

The study shows that 54% of the supply chain and logistics leaders surveyed are focused on automating non-value-added and repetitive tasks with technology to improve worker productivity in the face of notable workforce shortages, which underscores the many functions in supply chain and logistics that are routine and non-integrated, requiring manual intervention.
In addition to making technology investments to help combat supply chain and logistics workforce shortages, the study indicates companies are also adapting their recruitment and retention strategies and tactics.
For the full report, read What Are Companies Doing to Survive the Supply Chain and Logistics Workforce Challenge?
For more information on how acute workforce shortages are in supply chain and logistics operations and the impact of resource constraints on companies’ operations and business success, read Descartes’ report How Bad Is the Supply Chain and Logistics Workforce Challenge?

Papa Johns Announces Kurt Milburn as Chief Supply Chain Officer

Retrieved on:

Thursday, May 2, 2024

Supply Chain Management, Retail, Food, Beverage, Supply, International, Papa John's, General Electric, Scotts Miracle-Gro Company, Quality assurance, Engineering, PZZA, General Motors, Senior, Organization, Knowledge, Management

Papa John's International, Inc. (NASDAQ: PZZA) today announced the promotion of Kurt Milburn to Chief Supply Chain Officer, succeeding Shane Hutchins, who will retire after 26 years at Papa Johns, where he served as Chief Supply Chain Officer since October 2018.

Key Points:

Papa John's International, Inc. (NASDAQ: PZZA) today announced the promotion of Kurt Milburn to Chief Supply Chain Officer, succeeding Shane Hutchins, who will retire after 26 years at Papa Johns, where he served as Chief Supply Chain Officer since October 2018.
Mr. Milburn joined Papa Johns in 2022 as Vice President of Supply Chain Operations and since that time has taken on additional responsibility to include engineering and operations support functions as well as the International Supply Chain organization.
Prior to Papa Johns, Mr. Milburn served as Senior Vice President of Supply Chain Operations at Scotts Miracle-Gro Company.
“I’m thrilled for Kurt to become our next Chief Supply Chain Officer, as he brings deep expertise in supply chain and engineering from large, complex organizations and strong knowledge of our organization having led Papa Johns Food Service operations over the last two years.

E2open Announces Connect Europe 2024 Client Award Winners

Retrieved on:

Thursday, May 2, 2024

Supply Chain Management, Data Management, Retail, Technology, Logistics, Transport, Software, Supply, RTTV, Partnership, JLR, Software as a service, RS Group, Sanofi, Connect, Video game

E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, announced the winners of its Connect Europe 2024 Client Awards, celebrated at its annual international customer conference in Amsterdam last week.

Key Points:

E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, announced the winners of its Connect Europe 2024 Client Awards, celebrated at its annual international customer conference in Amsterdam last week.
A longstanding client, JLR uses multiple e2open solutions as part of a strategic directive to reimagine supply chain operations by harnessing technology innovation to drive efficiency and connectivity.
Sanofi received the Supply Chain Innovator Award, honoring an industry trailblazer and visionary shaping the future of supply chain management.
For exceptional achievement in real-time supply chain visibility and transparency, the Supply Chain Visibility Award was presented to RS Group.

Invent Analytics Raises $17M to Help Retailers Maximize Profits with Supply Chain AI and Expand Platform Footprint

Retrieved on:

Tuesday, April 30, 2024

Supply, Woman, GNC, Partnership, EBRD, Software as a service, European Central Bank, Reconstruction, RIS, Analytics, Jos. A. Bank, Academy Sports + Outdoors, Tailored Brands, Renewable energy

Invent Analytics is helping leading brands maximize profits by leveraging its AI-powered SaaS solutions for demand forecasting , inventory planning , replenishment , allocation , returns positioning , and pricing .

Key Points:

Invent Analytics is helping leading brands maximize profits by leveraging its AI-powered SaaS solutions for demand forecasting , inventory planning , replenishment , allocation , returns positioning , and pricing .
LFX Venture Partners is a supply chain focused investor with over 15 years of experience in investing in technology-driven solutions that are designed to address age-old problems within the global supply chain.
Invent Analytics will use the funding to:
John Seung, Managing Partner, LFX Venture Partners, said, "We're on a mission to build a better, more efficient, and sustainable global supply chain.
Our solutions leverage AI to make granular planning decisions across the supply chain, including planning, price optimization, and fulfillment.

Invent Analytics Raises $17M to Help Retailers Maximize Profits with Supply Chain AI and Expand Platform Footprint

Retrieved on:

Tuesday, April 30, 2024

Supply, Woman, GNC, Partnership, EBRD, Software as a service, European Central Bank, Reconstruction, RIS, Analytics, Jos. A. Bank, Academy Sports + Outdoors, Tailored Brands, Renewable energy

Invent Analytics is helping leading brands maximize profits by leveraging its AI-powered SaaS solutions for demand forecasting , inventory planning , replenishment , allocation , returns positioning , and pricing .

Key Points:

Invent Analytics is helping leading brands maximize profits by leveraging its AI-powered SaaS solutions for demand forecasting , inventory planning , replenishment , allocation , returns positioning , and pricing .
LFX Venture Partners is a supply chain focused investor with over 15 years of experience in investing in technology-driven solutions that are designed to address age-old problems within the global supply chain.
Invent Analytics will use the funding to:
John Seung, Managing Partner, LFX Venture Partners, said, "We're on a mission to build a better, more efficient, and sustainable global supply chain.
Our solutions leverage AI to make granular planning decisions across the supply chain, including planning, price optimization, and fulfillment.

IFCO future-proofs growth in the UK, enhancing operations and opening two new service centres in 2024

Retrieved on:

Tuesday, April 30, 2024

Supply, Republic of Ireland, Automation, Safety, Growth, Renewable energy

MUNICH, April 30, 2024 /PRNewswire/ -- IFCO, a global leader in reusable packaging solutions for fresh food, is strengthening its service centre network across the United Kingdom (UK).

Key Points:

MUNICH, April 30, 2024 /PRNewswire/ -- IFCO, a global leader in reusable packaging solutions for fresh food, is strengthening its service centre network across the United Kingdom (UK).
This significant investment enhances customer service, boosts operational efficiency through automation, and supports sustainable practices in the UK and the Republic of Ireland.
IFCO has established new state-of-the-art service centres in two key locations that serve as central transportation hubs:
A new service centre in Glasshoughton, West Yorkshire, opened in March 2024.
A new service centre and IFCO operational headquarters in Coventry in the West Midlands, opened in April 2024.

IFCO future-proofs growth in the UK, enhancing operations and opening two new service centres in 2024

Retrieved on:

Tuesday, April 30, 2024

Supply, Republic of Ireland, Automation, Safety, Growth, Renewable energy

MUNICH, April 30, 2024 /PRNewswire/ -- IFCO, a global leader in reusable packaging solutions for fresh food, is strengthening its service centre network across the United Kingdom (UK).

Key Points:

MUNICH, April 30, 2024 /PRNewswire/ -- IFCO, a global leader in reusable packaging solutions for fresh food, is strengthening its service centre network across the United Kingdom (UK).
This significant investment enhances customer service, boosts operational efficiency through automation, and supports sustainable practices in the UK and the Republic of Ireland.
IFCO has established new state-of-the-art service centres in two key locations that serve as central transportation hubs:
A new service centre in Glasshoughton, West Yorkshire, opened in March 2024.
A new service centre and IFCO operational headquarters in Coventry in the West Midlands, opened in April 2024.

Indiva Reports Fiscal Year 2023 Results Including Record Positive EBITDA and Income From Operations

Retrieved on:

Thursday, April 25, 2024

"We are very pleased with our performance in the fourth quarter and fiscal year 2023, generating record net revenue, improved gross margins as well as record positive EBITDA and income from operations.

Key Points:

"We are very pleased with our performance in the fourth quarter and fiscal year 2023, generating record net revenue, improved gross margins as well as record positive EBITDA and income from operations.
35% of net revenue in Q4 2023 was derived from brands created and owned by Indiva including Indiva 1432 chocolate, Indiva Blips, Indiva Doppio Sandwich Cookies, and No Future gummies and vapes, up from 20% of net revenue in Q1 2023.
Gross revenue in Q4 2023 was a record $12.6 million, representing a 15.5% sequential increase from Q3 2023, and a 21.9% increase year-over-year from Q4 2022.
EBITDA was a record positive $1.6 million, or 4.2% of net revenue in 2023 versus a loss of $4.8 million in 2022.

LocatorX Names Jody Spencer as New Chief Marketing Officer

Retrieved on:

Wednesday, April 24, 2024

LocatorX appoints Jody Spencer as its new Chief Marketing Officer (CMO) to accelerate the company’s growth and drive new market expansion.

Key Points:

LocatorX appoints Jody Spencer as its new Chief Marketing Officer (CMO) to accelerate the company’s growth and drive new market expansion.
Reporting to CEO Chester Kennedy, Spencer will be responsible for the company’s rebrand, marketing strategy, and reimagining the customer and partner experience.
Prior to Snowbound, Spencer held marketing leadership roles at Banta Integrated Media, a division of Banta Corporation, acquired by RR Donnelley.
Spencer is also the co-creator, co-host, and producer of In The Hot Seat on the PPN Network.