Kinaxis^® Inc. (TSX: KXS), a global leader in end-to-end supply chain orchestration, today announced that Brother, a Japanese multinational electronics and electrical equipment company, has selected Kinaxis to increase visibility and collaboration within its global supply chain, improve demand forecasting and create more accurate and agile scenario planning.

Brother operates manufacturing, development and sales facilities in more than 40 countries across the globe and exceeds ¥80 billion in worldwide sales with its wide range of products and services including printers, labeling systems, industrial and home sewing machines, garment printers, digital printing equipment, and more. The company required a supply chain management solution that could account for its expansive range of products and multitude of industry-specific challenges, provide complete end-to-end visibility and match its innovative approach to problem-solving.

“From the beginning, Kinaxis demonstrated a clear understanding of our business and all its complexities. From there we formed a partnership based on trust and a passion for innovative solutions, like their unique approach to supply chain orchestration, which made the decision to go forward with this transformation easy,” said Kosaku Sakai, production strategy planning department manager at Brother Industries, LTD. “We are excited for our supply chain to be more efficient and more adaptable to change as we continue to grow. Our number one priority is our customers, and we are eager to provide more value for them with Kinaxis.”

“In an industry with so many moving pieces, not having the right software in place makes it easy for things to get missed and for disruption in one area of the supply chain to drastically impact another. The only way to manage it is with complete visibility,” said Toshiya Kaneko, president at Kinaxis Japan. “We are thrilled to be working with Brother to confidently orchestrate their entire supply chain – allowing them to continue to expand and deliver more value to their customers.”

With more than 40,000 users in 100+ countries, Kinaxis works with some of the world’s biggest brands in sectors such as CPG, automotive, high tech, life sciences, and more. Its AI-powered technology and patented concurrency technique allows companies to orchestrate their supply chain network end to end from strategic planning to last-mile delivery. Kinaxis’ technology helps companies that supply the agricultural industry with 40% of the world’s tractors, that keep more than 110 billion teeth clean each year, and that ensures more than 35 million pets are fed nutritious meals each year.

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SupplyHouse.com, a privately owned e-commerce business focusing on the US market, has driven significant improvements to their supply chain efficiency and accuracy through their use of RELEX Solutions, a provider of unified supply chain and retail planning solutions. Since August 2023, RELEX has provided AI-driven solutions for SupplyHouse.com’s four fulfillment centers (FCs) located in New Jersey, Ohio, Texas, and Nevada.

By working with RELEX, the company has:

• Decreased split shipments significantly due to more accurate forecasting and efficient replenishment
• Optimized inventory levels which led to greatly reduced inventory investment and holding costs
• Improved primary fill rate over the previous year, ensuring timely availability of inventory and reduced obsolescence.

Before the RELEX implementation, SupplyHouse.com faced challenges around manual processes, a lack of automation, and insufficient data visualization tools. They turned to the RELEX solution because of positive experiences from key contacts, RELEX customer references, and a strong cultural fit between the two companies. The project was completed within nine months, starting in August 2023 and fully rolling out to their DCs by May 2024.

As a result, using RELEX has significantly reduced user working time enhancing overall operational efficiency. Advanced forecasting using AI-powered algorithms has improved long-term forecast accuracy, better aligning inventory with actual demand and ensuring better collaboration with suppliers. The automated replenishment processes have significantly reduced the need for manual order maintenance, allowing staff to focus on more strategic tasks.

“RELEX has allowed us to greatly improve our efficiency in the day-to-day tasks of a demand planner,” said Kaytee Grey, VP Fulfillment Operations, SupplyHouse.com. “This has made room for the team to evolve into more of a strategic partner to the organization versus a data entry-heavy employee. We have hired such a talented and creative team, and RELEX has allowed us to use them to their full potential. The results speak for themselves!”

“SupplyHouse.com’s impressive results highlight the significant impact of our AI-driven solutions in transforming supply chain management,” said Tiina Kanninen, VP of Customer Success, RELEX Solutions. “Their success is a testament to the power of advanced technology and strategic collaboration.”

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Sheer Logistics, a premier provider of managed transportation, multi-modal transportation capacity solutions, and innovative integration technologies, today announced the company has been named a winner of the 2024 Top Supply Chain Projects Award by Food Logistics and Supply & Demand Chain Executive. The award profiles innovative projects designed to automate, optimize, streamline, and improve the supply chain. Sheer Logistics was recognized for delivering an impactful supply chain network analysis that supported a client’s rapid growth and identified $2MM in cost savings.

“Sheer Logistics is proud to create ongoing value for our clients,” said Joel Gard, CEO of Sheer Logistics. “In addition to cost-savings, our award-winning strategic network analysis project supported our client’s rapid growth and exemplifies the initiatives Sheer Logistics implements to drive continuous improvement on behalf of our clients.”

Sheer Logistics conducted the network analysis project on behalf of a long-standing Managed Transportation Services client in the food and beverage industry. The client was planning the launch of a new product line consisting of ready-made deli sandwiches for a major big box retailer customer. The client engaged Sheer Logistics to conduct a supply chain network analysis to determine the optimal location of production and distribution centers to minimize costs related to transportation, warehousing, procurement, and manufacturing while ensuring peak freshness of the prepared sandwiches.

“The past 12 months has seen companies within the supply chain and logistics space upgrade, enhance, adopt and adapt in order to achieve greater efficiency along the chain. Companies implemented others’ software and technology to work smarter, together. Their partnerships cultivated resilience and placed a spotlight on projects designed to make the supply chain space safer and more efficient,” says Marina Mayer, Editor-in-Chief of Supply & Demand Chain Executive and Food Logistics. “And, now it’s time to celebrate those projects!”

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The Rise of JUSDA: From Local Leader to Global Pioneer

Founded to streamline logistics within China, JUSDA quickly established itself as a leader in lean management and industrial manufacturing logistics. Today, JUSDA operates worldwide, with key locations in North America, Europe, and Asia. Significant operations in the US, Mexico, Germany, India, and Vietnam highlight its important role in international logistics.

JUSDA vs. Other Logistics Companies: What Sets JUSDA Apart?

At its core, JUSDA stands out for its unique blend of global reach and local expertise. Unlike many logistics companies that take a one-size-fits-all approach, JUSDA prioritizes understanding the nuances and specific needs of each market it serves. This allows them to design tailored solutions that optimize operations and deliver results.

Here are some other key differentiators:

• Comprehensive Service Offerings: JUSDA’s holistic approach covers every aspect of the supply chain, including VMI, cross-border logistics, warehousing, and distribution. This breadth ensures seamless integration and efficiency, providing unmatched flexibility and responsiveness.
• Technological Integration: The JusLink Smart Supply Chain Management Platform provides end-to-end visibility and control, leveraging advanced technologies like Radio-Frequency IDentification (RFID) and Warehouse Management Systems (WMS). Automation in warehousing enhances operational efficiency and accuracy, setting JUSDA apart in service reliability.
• Customer-Centric Approach: JUSDA offers tailored logistics solutions for various industries, particularly high-value-added markets such as electronics, automotive, and medical equipment. This focus ensures that its services meet the specific needs of clients, driving high levels of customer satisfaction.

Localization as a Competitive Advantage

JUSDA leverages its localization strategy to gain a competitive edge in key markets such as North America, Vietnam, and India. In North America, its robust network in the US and Mexico focuses on cross-border VMI services and consolidation centers, enhancing response times and competitiveness. By actively expanding in high-value-added markets such as electronics, automotive, and medical equipment, JUSDA strengthens its presence and collaboration along the US-Mexico border.

In Vietnam, JUSDA capitalizes on the “China + 1” strategy, establishing VMI + CMI manufacturing collaborative warehouses and integrating air and sea transportation. This strategic positioning allows JUSDA to manage over 20,000 SKUs and offer end-to-end logistics services that facilitate Vietnam’s role as a key logistics node in Southeast Asia.

Similarly, in India, JUSDA integrates with local supply chains and government initiatives to support the medium and high-end electronic components market with a warehousing and distribution system in major cities, ensuring efficient logistics operations and enhancing domestic industry competitiveness.

JUSDA’s Technological Edge and Innovation

JUSDA’s advanced digital solutions, such as dynamic inventory management, auto procurement, and risk management, enable seamless and efficient supply chain operations. Real-time tracking and analytics provide unparalleled visibility and control, allowing JUSDA to proactively address potential issues. The JusLink Smart Supply Chain Management Platform, for instance, offers end-to-end visibility and dynamic control, leveraging advanced technologies to enhance operational efficiency and accuracy. Automation in warehousing further reduces manual errors and increases productivity.

JUSDA is also committed to sustainability and efficiency, implementing initiatives to reduce its carbon footprint and aligning with global standards for environmental responsibility. By integrating these practices into its operations, JUSDA not only meets the demand for green logistics but also enhances overall efficiency and cost-effectiveness.

Future Outlook and Expansion Plans

JUSDA’s future outlook focuses on adapting to global changes and meeting the evolving demands of the logistics industry. The company is implementing strategies to address localization demands and enhance supply chain security, ensuring resilience and reliability. Continued investment in automation and digital platforms will drive innovation and efficiency, enabling JUSDA to offer sophisticated and responsive logistics solutions.

JUSDA: Shaping the Future of Global Logistics

As the world continues to become more interconnected, the demand for efficient and effective logistics solutions will only continue to grow. With global trade expanding and e-commerce sharply rising, businesses are increasingly seeking reliable partners to manage their supply chain complexities. JUSDA’s extensive capabilities in areas such as e-commerce fulfillment, cross-border trade, and supply chain management make it an ideal partner for businesses looking to expand their global reach.

By leveraging its expertise and technological prowess, JUSDA is driving the future of global logistics. JUSDA’s commitment to innovation and excellence ensures that it continues to stay ahead of the curve, adapting to changing demands and providing seamless logistics solutions for businesses around the world.

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JAGGAER provides configurable source-to-pay and supplier collaboration software for direct and indirect procurement processes through a single, unified platform. The company’s AI-enabled solutions help optimize and automate sourcing, spend management, contracting, eProcurement, invoicing and supply chain visibility for a diversified group of more than 1,400 customers around the world.

“This new partnership with Vista underscores JAGGAER’s strong momentum and the compelling value our intelligent software delivers by helping our customers manage and automate complex processes while enabling a highly resilient, responsible and integrated supplier base,” said Andy Hovancik, CEO of JAGGAER. “Vista is a highly experienced software investor, and I’m confident they will be an exceptional partner to JAGGAER during this exciting next phase of growth and opportunity.”

“JAGGAER provides a mission-critical platform that enables its customers and partners to streamline global supply chain and procurement processes, lower costs and improve visibility,” said Michael Fosnaugh, Co-Head of Vista’s Flagship Fund and Senior Managing Director. “JAGGAER’s products serve a large addressable market benefiting from durable growth tailwinds, including customers’ increasing desire to unify direct and indirect spend management and realize the benefits of AI. JAGGAER is well-positioned to capitalize on these demand trends given its leading capabilities across source-to-pay workflows.”

“JAGGAER’s comprehensive solution enables customers to manage all procurement activities from an intuitive platform that harmonizes and optimizes disparate spend data,” said Sam Payton, Senior Vice President at Vista. “JAGGAER is led by a high-performing leadership team with a demonstrated commitment to operational excellence and a bright vision for the future of AI-powered spend management. We’re excited to support an organization that cares deeply about their customers, partners and mission.”

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ThroughPut Inc., the Gartner-recognized Industrial AI Supply Chain Analytics and Decision Intelligence pioneer, today announced the launch of new inventory management capabilities that empower businesses to drive higher profitability through powerful working capital spend projections, real-time inventory predictions, and dynamic rebalancing and replenishment recommendations.

The current release enables advanced visibility and actionability for businesses to manage their inventory and material movements across all their SKU’s, customers, locations, and supply chain end-points. As a result, they can increase inventory turns, ensure rapid availability of fast-moving products, and reduce safety stock and carrying costs. With these new capabilities, businesses now have the unprecedented availability to unlock capital, improve operational efficiencies, and boost margins. By leveraging ThroughPut’s patented, award-winning AI and Machine Learning supply chain decision intelligence platform on top of their existing diverse data systems, organizations of all types can rapidly pinpoint where capital allocation is insufficient, predict outcomes, and make recommendations enabling them to accelerate goods movement, revenue, and margins.

“ThroughPut.AI’s enhanced working capital management capabilities show our customers where their excess working capital lies, where their operations are underfunded, and projects how these gaps should best be optimized,” explains Seth Page, Chief Operations Officer and Head of Strategic Partnerships at ThroughPut.AI. “With advanced AI algorithms optimizing operations for financial analytics, insights, decision intelligence, and recommendations, we enable organizations to plan the best scenario for inventory spend down to the per SKU, per route, per location, per source, levels, so that they may cater to true demand at all times, whether sudden, seasonal, cyclical, or previously “unpredictable.” You can better analyze, predict and prepare for all these situations and many more by leveraging your existing diverse data systems with operational AI to achieve greater financial results.”

The new release focuses strongly on the following capabilities:

• Projecting Working Capital Spend Optimization: Leverage powerful algorithms to identify when and where capital is unnecessarily tied-up, or where it needs to be supplemented to optimize flow of goods, cash, and profits.
• Reducing Spend and Identifying Savings Opportunities: Identify specific SKUs on which spend can be safely reduced to enhance cost savings without compromising on product quality or service levels.
• AI-powered Predictive Analytics: Get actionable insights, predictions and recommendations – on everything from inventory turnover rates to potential stockouts – to make proactive informed decisions that optimize inventory performance.
• Advanced Demand Sensing: Move beyond traditional demand forecasting with stale assumptions and old data, and enable more accurate dynamic demand sensing to rapidly respond to shifts in market trends and customer priorities.

With ThroughPut’s latest release, businesses can rapidly segment their product portfolios, identify their best and worst performing products, adapt their product mix to prioritize fast-moving goods with higher contribution margins, and ensure the greater flow of goods, material, and cash.

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AutoScheduler.AI, an innovative Warehouse Orchestration Platform and WMS accelerator, announces the company is named a winner in the Artificial Intelligence category of the NextGen Solution Provider Awards. The NextGen Solution Provider Awards honor up to four solution providers that have utilized NextGen supply chain technologies in a project implemented for a customer in the following categories: Robotics, Digital Transformation, Artificial Intelligence, and Predictive Analytics.

“We are proud to win this prestigious award for our AI-enabled technology that takes disparate data and converges supply chain activities to prescriptively create plans that orchestrate campus operations for optimized efficiency,” says Keith Moore, CEO of AutoScheduler.AI. “Our clients’ warehouses operate at peak performance.”

The NextGen Supply Chain Conference Awards recognize the companies shaping tomorrow’s supply chains with advances that are helping organizations navigate the complexities of the modern supply chain while also preparing them for success in the future. Winners will be presented their award at the conference which takes place in Chicago, October 21-23, 2024, at the Chicago Athletic Association.

Moore adds, “Our technology smooths warehouse operations by orchestrating and planning all activities in real-time on top of an existing WMS. It considers space, time, labor, dock doors, and more constraints to ensure that orders are fulfilled on time and in full. Clients gain efficiencies and value in their supply chains through optimized labor, schedules, touches, and inventory.”

AutoScheduler’s AutoPilot converges disparate data to orchestrate supply chain activities and optimize campus operations. By integrating data from WMS, yard management systems, ERP, visibility systems, and production schedules, it creates a unified view of operations. Utilizing operational twin technology, AutoPilot predicts future states by analyzing current conditions and planned activities across systems. It employs complex mathematics, AI, and optimization techniques to determine the most efficient use of capacity. This approach optimizes activity systems, prescribes event sequences, and creates a feasible operational schedule, minimizing touches and labor while maximizing service levels.

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“Partnering with Tecsys allows TraceLink to offer health systems the ability to source real-time supply chain information from 100% of their suppliers directly into their inventory management system, thereby eliminating time-consuming effort that busy pharmacy staff have to expend on a variety of challenges,” said Shabbir Dahod, President and CEO of TraceLink. “This partnership underscores TraceLink’s commitment to delivering innovative multi-enterprise data and solutions that improve patient outcomes and streamline supply chain operations, without the need for expensive or time-consuming enterprise system changes or upgrades.”

Integrated Solutions for Enhanced Supply Chain Management

TraceLink and Tecsys bring together their respective strengths to offer health systems unparalleled visibility and control over their supply chains and inventory. The integration of TraceLink’s multi-enterprise digital network platform with Tecsys’ enterprise health warehouse management system enables health systems to:

• Achieve Compliance with DSCSA: The combined solution ensures that health systems can meet DSCSA requirements with the least amount of disruption to their receiving workflow. By integrating the verification of DSCSA compliance information into the standard receiving process, the number of scans needed is significantly reduced, streamlining operations and freeing up valuable resources.
• Digital Recalls: TraceLink’s Digital Recalls solution, integrated with Tecsys’ pharmacy warehouse management system, provides pinpoint accuracy to the location of recalled product within the health system, or will notify staff if the product has already been dispensed to a patient. Recalled product is also detected upon receiving to ensure that the product does not enter available inventory. This integrated approach frees up valuable skilled pharmacy resources and enhances patient safety. 
• Expiry Management: The joint solution offers comprehensive expiry management by maintaining a digital representation of lot and expiration dates. When combined with inventory location information supplied by Tecsys, expired or near-expired products are quickly identified and retrieved, thereby accelerating the return credit reimbursement.
• 340B Inventory Management: The partnership ensures precise handling of 340B and non-340B inventory, providing the correct compliance information before receipt, thus streamlining inventory management for Covered Entities and Contract Pharmacies.

Tangible Benefits for Health Systems

The partnership between TraceLink and Tecsys delivers tangible benefits for health systems, including improved operational efficiency, reduced compliance costs, and enhanced patient care. By leveraging the strengths of both companies, health systems can dramatically simplify their processes, ensuring that highly skilled personnel can focus on their primary responsibilities—caring for patients.

“Tecsys is excited to collaborate with TraceLink to offer integrated solutions that address the unique challenges of health systems,” said Bill King, Chief Revenue Officer at Tecsys. “TraceLink’s ability to source and maintain digitalized representations of pharmaceutical product, combined with Tecsys’ ability to incorporate that information into pharmacy workflows and inventory, provides massive efficiencies to pharmacy resources during staff shortages. Together, we are providing a robust platform that enhances visibility, improves efficiency, and supports the critical mission of patient care.”

Enhance Pharmacy Inventory Management by Operationalizing DSCSA Compliance & Reverse Logistics

Join TraceLink, Tecsys, and PharmaLink, the respective leaders in DSCSA compliance, pharmacy inventory management, and reverse logistics, on August 6th for a joint webinar to discover innovative solutions that can boost your operating margins and keep patients safe. Register now to identify the quick wins available to your team through the power of supply chain digitalization.

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ProvisionAi, the only provider of a patented optimized network replenishment capacity management solution and load optimization system, announces ProvisionAi is named to the 100 Great Supply Chain Partners list from SupplyChainBrain. The award recognizes vendors and service providers who improve their customers’ supply chain efficiency and provide outstanding solutions and services.

“ProvisionAi wants to thank our loyal customers for nominating us for this prestigious award,” says Tom Moore, Founder and CEO of ProvisionAi. “This award is the highest compliment we can receive and shows how well our team members support customers and drive value for their supply chains.”

“For twenty-two consecutive years, SupplyChainBrain has published our much-anticipated list of 100 Great Supply Chain Partners— a select group of companies whose customers recognize them for providing outstanding solutions and services,” says Brad Berger, Publisher of SupplyChainBrain.
“Our six-month online poll of supply chain professionals requires a qualified response, asking them to nominate vendors and service providers whose solutions have made a significant impact on their company’s efficiency, customer service, and overall supply chain performance. This year’s field of nominees was highly competitive and excellent overall, coming from all areas of supply chain management. ProvisionAi should be proud to be named one of the 100 Great!”

ProvisionAi helps transportation planning operations “play nice” with execution by translating the plan into executable missions that smooth deployment, match loads to demand, and respect the complex supply chain constraints. ProvisionAi gets the right products on the correct number of trucks at the right time to increase service levels and maximize network efficiency.

SupplyChainBrain’s decades-long tradition of celebrating 100 Great Supply Chain Partnerscontinues. This year’s nominations yielded a robust and competitive field of solutions providers whose technology, logistics, transportation, or consulting solutions have significantly impacted supply chain efficiency. The magazine is inspired by many companies intensely appreciating their suppliers’ services and solutions.

ProvisionAi will be featured in the August 2024 issue of SupplyChainBrain magazine and on SupplyChainBrain.com as a celebrated member of this year’s 100 Great Supply Chain Partners.

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Netstock, a leading provider of predictive supply chain planning software for small and medium-sized businesses (SMBs), today announced the release of its Inventory Management 2024 Benchmark Report. Featuring insights from Netstock’s 2,400+ global customers, the report offers a look into the current state of inventory management, revealing key challenges and opportunities facing supply chain decision-makers. With Netstock’s extensive experience in supply and demand planning software, advanced technology solutions and proven track record of helping businesses optimize their inventory globally, the company is uniquely positioned to bring this first-of-its-kind report to market.

“This report is not just a reflection of the current inventory management landscape, but a critical tool for businesses navigating the complexities of today’s global market,” said Netstock CEO Ara Ohanian. “Understanding how your business ranks compared to others in the industry is crucial to enable decision-making that drives innovation and resilience across supply chains. With over $25 billion in inventory managed worldwide, Netstock is uniquely positioned to amplify these findings across the market—empowering companies to make informed decisions, overcome these challenges and stay ahead in an ever-evolving supply chain ecosystem.”

According to Netstock’s findings, SMBs have held onto fewer goods this year, which is a promising sign of high inventory performance and meeting customer demands. However, businesses are still struggling to get rid of slow-moving inventory, whereas nearly 80% of SMBs suffer from a combination of insufficient forward planning and being overstocked. Purchase orders steadily rose by 9% in early 2023, and skyrocketed ahead of the holiday shopping season for retail businesses to 16%. Businesses weren’t moving enough goods to keep up with the big stockpiles accumulated. By 2024, average inventory spending returned to a near identical pre-crisis level (less than 1% difference from 2023).

The top findings include:

1. Only 23% of SMBs have invested in AI: Data integrity or security risks (23%) and inconsistent or inaccurate answers (20%) are the two biggest challenges Netstock’s survey respondents experience with AI. AI-powered supply chain solutions can play a pivotal role in helping enhance forecasting abilities, inventory optimization and demand planning for organizations.
2. Long lead times and lead time variability are top challenges for SMBs: The foremost supplier challenge reported was lead time variability (72%), while 52% reported facing challenges with longer lead times. Inconsistent lead times make planning and optimizing inventory a difficult endeavor. The majority of SMBs struggling with lead time variability source their inventory from China (67%), more than from the US (56%), Canada (21%) and Mexico (just 9%). This variability has coincided with more businesses deciding to source production domestically.
3. American SMBs are shifting away from overseas supply and bringing production closer to home via nearshoring: Only 25% of US respondents prefer offshore suppliers over domestic. The nearshoring boom offers an opportunity to invest in predictive supply chain planning software that supports organizational visibility and resilience.
4. The excess stock problem is growing: Excess stock grew to an average of 38% of inventory, highlighting a struggle for SMBs to manage their inventory. The problem is not exclusive to small businesses, though—large SMBs with over 500 employees saw overstocking rise from 40% to 44% of total inventory.

“The supply chain is undergoing an exciting transformation, and it’s mission-critical for businesses to embrace inventory management software to keep up in this dynamic environment,” said Netstock CTO Barry Kukkuk. “Netstock’s technology empowers businesses with unparalleled visibility and accuracy, allowing them to make informed decisions, reduce costs and respond swiftly to market challenges. Looking ahead, our team is dedicated to driving efficiency and growth for our customers worldwide.”

Netstock’s Inventory Management 2024 Benchmark Report is now available and can be accessed here.

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