Webinar: SCM – Striking a Balance between Speed & Accuracy

Live Webinar: SCM. Accuracy is important, but so is agility. The correct use of planning techniques allows us to have an accurate and agile plan.

Ever wondered what cycling and planning a supply chain have in common?

Register for our free webinar on August 23rd @ 2pm BST London time with Matt Spooner, Kinaxis and Peter MacLeod, Editor of Logistics Business Magazine. They will be discussing Supply Chain Management: Striking a Balance between Speed and Accuracy using example-based stories that will help you to understand what ‘striking the balance’ really means. Matt brings together his cycling and his supply chain experience to provide a compelling perspective in a way that you have never heard before.

Register Now here

Kinaxis delivers unparalleled supply chain agility and resilience to supply chains across the globe. We combine human intelligence with artificial intelligence and concurrency to help companies prepare for any future, monitor risks and opportunities and respond at the pace of change. Our industry-proven applications and extensible, cloud-based RapidResponse platform empowers supply chain professionals and business leaders to know sooner, act faster and remove waste so they can make the best decisions for their business, their customers and our planet.

Register today to learn about hot to achieve balance between speed and accuracy in the supply chain.

Video Telematics Achieves Benefits

Urgent Services, a London-based provider of same-day delivery and courier services, is using a connected multi-camera video telematics system from Inseego to improve road safety, reduce operational costs and better protect its reputation. The video telematics solution – fitted on a fleet of new vans that handle critical deliveries across London and Nationwide – has provided added visibility and support to both drivers and office-based managers.

The connected multi-camera system incorporates forward, rear, side and load cameras for a 360-view of the vehicle and cargo space, as well as and in-cab monitor that allows the driver to view all blind spots. This useful driving aid provides a view of nearby vulnerable road users (VRUs) and greater understanding of surroundings during low-speed manoeuvrers. Video is displayed based on specific actions, so the rear camera is shown on screen during when reversing, while the use of the indicators triggers live footage from the appropriate side camera to support any left-and right-hand turns.

Meanwhile, the video telematics solution has been used to determine the exact circumstances of a vehicle collision, helping Urgent Services to defend liability and challenge any 50/50 claims by having access to irrefutable video evidence and supporting data. There have been three incidents where third parties have knocked off a wing mirror when driving past a Urgent Services vehicle, which has been captured by the side camera and allowed the company to prove exactly what has happened.

There have also been multiple occasions where Urgent Services has used historical video to resolve customer disputes, with the multi-camera system configured to continue recording after the ignition has been switched to validate proof of delivery. Where recipients have claimed non-delivery, the company has used footage from the customer location showing the driver unloading and delivering the package. In addition, the load-facing camera has proven useful for monitoring how drivers are handling and securing cargo, especially when items are of high value or fragile.

In April 2021, Urgent Services undertook a journey to Ukraine to deliver a shipment of humanitarian aid. The multi-camera system was used to track the location and progress of the vehicle through cloud-based software, while live video from the cameras provided added peace of mind and confirmed driver welfare.

Derwent Jaconelli, Managing Director at Urgent Services Limited commented: “We have an excellent standing in the marketplace and the Inseego multi-camera system is helping to maintain this positive reputation and ensure we are operating safely and responsibly. There were some initial concerns amongst our drivers, but within a matter of weeks, we were able to use video footage to thwart several dishonest claims for non delivery claims, so this was quickly overcome.”

Steve Thomas, Managing Director of Inseego UK Ltd said: “We are seeing a growing number of fleet operators turn to video telematics as an effective way of safeguarding drivers, keeping other road users safe and protecting their business. Our comprehensive range of connected dashcams and multi-camera systems means we can create tailored solutions that meet the precise needs of our customers.”

Installation of Systems at Weiss Technik

Dematic has completed the installation at two Weiss Technik sites of stand-alone AutoStore™ systems and the commissioning phases have also recently been completed. The system at the German headquarters of the market leader for environmental simulation equipment in Lindenstruth, Hesse, completed commissioning in Q1 of this year. The energy-efficient systems are controlled and operated with SAP WM Go warehouse management software, which Dematic has integrated with existing ERP systems.

Weiss Technik is a member of the Schunk Group, which is a leading supplier of products made from high-tech materials, such as carbon, technical ceramics, and sintered metal as well as machines and systems, including environmental simulation and air conditioning to ultrasonic welding and optical machines.

Niko Hoffmann, project engineer at Weiss Technik, says a critical factor in the decision to work with Dematic was that the solution is scalable and can be expanded without major restrictions, even during operation. Additional bin locations can be easily implemented via grid extensions and more robots can also be integrated quickly.

“Our decision to go with Dematic was based on a long-term perspective. With its global network of engineering professionals and many years of experience in warehouse solutions, it was important to select a reliable partner with the highest quality standards and expertise,” explains Hoffmann.

At the Lindenstruth site, nine robots transport as well as store and retrieve approximately 13,400 bins. The bins can also be divided into further compartments to hold additional items. The robots travel on the surface of the structure, accessing bins with requested goods as needed. They then transport the bins to the picking workstations. The compact unit-load picking AutoStore™ systems have a high storage density and automate both production supply and spare parts dispatch at Weiss Technik.

At the other location in Balingen in Baden-Württemberg, Dematic has installed an AutoStore™ system with approximately 6,300 bins and nine robots as well. A roller conveyor connects the picking workstations with the respective production areas to eliminate unnecessary walking and secondary activities by employees. In addition, there is no need to refill goods, which results in additional time savings. “As a result, the systems should lead to significantly higher picking performance with a lower error rate,” says Hoffman. Multiple stabilisation towers ensure smooth operation in one of the highest seismic zones in Germany. The towers have been installed together with the AutoStore™ system with the grid fixed to them. Dematic has taken on the role of general contractor.

Energy efficiency was also a factor. Notes Winnie Ahrens, sales director DACH (Germany, Austria and Switzerland) “Because of its extremely compact storage and its low energy consumption, the AutoStore™ concept is environmentally friendly and thus fits perfectly with Weiss Technik’s sustainability approach.”

Energy is recovered when the robots brake and when the bins are lowered. Since no lighting is required and the AutoStore™ space requirements are low with less building space to maintain, Weiss Technik benefits from further energy savings.

“Despite the severely impacted global supply chains that every business relies on, we managed to complete the dual order for Weiss Technik on time and on budget, which is outstanding given today’s challenges,” says Ahrens.

Collaboration with Dematic is anticipated to be strengthened, says Hoffman. A framework agreement has already been signed with the Schunk Group, the holding company for Weiss Technik, for additional solutions featuring AutoStore™ systems. “We look forward to future cooperation with the Schunk Group and Weiss Technik,” says Ahrens.”

Hamper-sized Ecommerce Box

Leading online packaging supplier, Kite Packaging, has added a new, hamper-sized ecommerce box to their range due to growing demand.

Designed with a crash lock base and adhesive peel-&-seal strip, this ecommerce-ready packaging facilitates quick assembly to support efficient pack and dispatch. It also comes with a tear strip for effortless unboxing to enhance end customer satisfaction.

This new size is larger than the standard market offering, offering versatility, and provides ample space to accommodate both small and bulky items – particularly beneficial for businesses with a large product profile. It also grants the opportunity to bundle multiple products together or to create attractive product displays and memorable unboxing experiences.

Ecommerce Box

The ecommerce box is comprised of double-wall, heavy-duty corrugation to provide suitable protection to all product types during handling and shipping. The cardboard itself comes from sustainably managed resources with the box widely kerbside recyclable once disposed.

Ecommerce boxes are available from Kite at market-leading prices with further discounts available when purchasing wholesale quantities.

Kite loves solving packing problems using expertise to ensure customers are using the right range of products for their business. No matter how simple or complicated packaging is, their skill is ensuring the right solution. With over 2,500 standard products and tens of thousands bespoke lines in stock, Kite provide a Just-in-Time solution available immediately.

UK Entry via Acquisition of 2 Logistics Assets

P3 Logistic Parks announces its expansion into the United Kingdom through the acquisition of two logistics assets from Segro, totalling 81,000 sqm of space in well-established locations. One asset is located in Crick and comprises around 36,000 sqm lettable area. The second asset with more than 45,000 sqm is located in Kettering.

Frank Pörschke, CEO of P3 Logistic Parks, commented: “The acquisition of these two logistics assets in the UK marks a significant milestone for P3, as it expands our operations into a key market known for its robust logistics industry. The country has always been a vital hub for international trade and commerce, and we are excited to offer our expertise and resources to meet the evolving needs of businesses operating in this region.”

The newly acquired logistics assets are strategically located within the “Golden Triangle” area and provide seamless connectivity to major transportation networks and key industrial centers in the UK. All units were developed from 2010 onwards to a modern Grade A institutional specification including BREEAM rating ‘Very Good’ and are fully leased out to three tenants.

P3 is partnering with Roebuck, an institutional Pan-European investment manager specializing in the European logistics sector. Roebuck is assisting P3’s entry into the UK using their extensive track record and occupier-led experience and will manage both assets in the initial stage of P3’s expansion into the UK.

Otis Spencer, CIO of P3 Logistic Parks, stated: “P3’s entry into the UK market reflects our long-term vision and strategic growth plans. We have carefully selected these logistics assets as they align with our commitment to delivering excellent service quality, operational efficiency, and sustainability to our customers.”

David Proctor, Managing Director of Group Investment at SEGRO, commented: “This disposal has enabled us to divest a number of relatively small holdings, all of which were ear-marked for disposal in the near to medium-term, allowing us to recycle capital into our successful development programme. It also demonstrates the continuing investment appeal of high-quality logistics assets after the significant valuation correction that occurred over the last year.”

The terms of the transaction have not been disclosed. P3 was advised by Colliers on the transaction. DTRE and ACRE acted on behalf of SEGRO.

Ed Plumley, Director, EMEA Capital Markets, Colliers said: “These acquisitions are the good news the market needs. It is a clear demonstration that investor appetite remains for assets in core locations with long-term growth and ESG performance opportunities. Colliers were delighted to bring this off-market opportunity to P3 and provide focused advice as they expanded into a new jurisdiction.”

Cranfield University Supply Chain Scholarship

Global Clinical Supplies Group and Cranfield University have partnered to launch a new scholarship for the Logistics and Supply Chain Management MSc.

The scholarship starts in the next academic year (2023/24) and will run for four years. Each year, one student will receive £5,000 and an all-expenses-paid trip to the Global Clinical Supplies Group annual conference for development and networking.

Global Clinical Supplies Group is a professional organisation known for its expertise in clinical supplies, whose members contribute to and inspire each other and in so doing, influence the pharmaceutical and biotech industries.

Professor Michael Bourlakis, Director of Research and Director of the Centre for Logistics, Procurement & Supply Chain Management said: “We are delighted to be able to offer this new scholarship with Global Clinical Supplies Group. By combining academic excellence with real-world industry expertise, this collaboration will provide practical experiences that will help scholarship students to navigate the complexities of pharmaceutical logistics.”

Dr Hendrik Reefke, Director of the MSc Logistics and Supply Chain Management programme said: “Alongside Global Clinical Supplies Group, we can provide students with the necessary skills to expertly navigate logistics in the pharmaceutical industry. Providing industry expertise, this scholarship opportunity will offer invaluable practical experiences for our students.”

Becky Griffiths, GCSG Board Member, said: “Over the years we have provided scholarships to students in North America and in the UK, supporting the development of the next generation of pharmaceutical experts, and setting them up for success as they embark on their career journeys. We are delighted to extend this new Supply Chain scholarship to Cranfield University.”

Applications are open for those with an interest in working in the pharmaceutical sector. The scholarship awards may be used towards tuition fees, accommodation, living expenses, or other costs directly related to the candidate’s MSc.

Cranfield is a specialist postgraduate university that is a global leader for education and transformational research in technology and management. The most recent Research Excellence Framework results demonstrate Cranfield University’s excellence with 88% of research rated as world-leading or internationally excellent.

Vector eCool: First Technology of its Kind

The all-electric, zero-direct-emission Carrier Transicold Vector® eCool has become the first technology of its kind available to UK customers without the requirement for Individual Vehicle Approval (IVA) testing. After a detailed two-year process, Carrier Transicold has paved the way for customers to maximise the sustainability potential of its cutting-edge trailer technology. Carrier Transicold is a part of Carrier Global Corporation, a global leader in intelligent climate and energy solutions.

Launched in 2020, Carrier Transicold’s fully autonomous Vector eCool was a genuine industry first. However, being at the cutting edge meant there were no standardised, technical regulations related to the system’s axle regeneration technology, so every new unit had to undergo IVA testing. Working closely with Gray & Adams, the Driver & Vehicle Standards Agency (DVSA), the Vehicle Certification Agency (VCA) and following a rigorous evaluation programme at the Motor Industry Research Association (MIRA), the Vector eCool is now the first of its type that does not require this time-consuming and costly procedure.

“When Carrier Transicold broke new ground with the Vector eCool, axle-regeneration technology in this configuration was something the industry hadn’t seen before,” said Scott Dargan, Managing Director UK and Northern Europe, Carrier Transicold. “We understood that it would take close collaboration with our partners and government agencies to get to this point and it has been two years of hard work. But just as we were the first to launch this type of all-electric technology, we are proud to be leading the way once again, setting an important industry benchmark for accessible, sustainable solutions that will create a roadmap for others to follow.”

The technology behind the Carrier Transicold Vector eCool is a sophisticated energy recovery and storage system that converts wasted kinetic energy generated by the trailer axle and brakes into electricity, which is then stored in a battery pack to power the refrigeration unit. This loop creates a fully autonomous system that produces no direct carbon dioxide (CO2) or particulate emissions and is PIEK certified to operate below the 60 dB(A) noise limit.

Vector eCool trailers are now operating in the UK and Europe. With the new approval for use, the total number in operation can now be rapidly and easily accelerated, offering the unit’s significant emissions savings to an even wider number of potential users – helping to contribute to Carrier’s Environmental, Social & Governance (ESG) goal to reduce its customers’ carbon footprint by more than one gigaton by 2030.

Manhattan Associates Reports Record Revenue

Leading Supply Chain and Omnichannel Commerce Solutions provider Manhattan Associates Inc. (NASDAQ: MANH) today reported revenue of $231.0 million for the second quarter ended June 30, 2023.

GAAP diluted earnings per share for Q2 2023 was $0.63 compared to $0.49 in Q2 2022. Non-GAAP adjusted diluted earnings per share for Q2 2023 was $0.88 compared to $0.69 in Q2 2022.

“Manhattan delivered record second quarter and first half results. Robust demand drove Q2 cloud revenue growth of 44% and service revenue growth of 23%. These strong results exceeded our expectations, leading to our top-line outperformance and solid earnings leverage in the quarter,” said Manhattan Associates president and CEO Eddie Capel. “While appropriately cautious regarding the global economy, we are optimistic on our opportunity. To extend our leadership position, we remain committed to investing in industry leading innovation across supply chain execution, omnichannel and retail point of sale markets to best help our customers achieve more by digitally transforming their businesses,” Capel concluded.

SECOND QUARTER 2023 FINANCIAL SUMMARY:
• Consolidated total revenue was $231.0 million for Q2 2023, compared to $191.9 million for Q2 2022.
• Cloud subscription revenue was $60.9 million for Q2 2023, compared to $42.2 million for Q2 2022.
• License revenue was $3.7 million for Q2 2023, compared to $5.1 million for Q2 2022.
• Services revenue was $124.6 million for Q2 2023, compared to $100.9 million for Q2 2022.
• GAAP diluted earnings per share was $0.63 for Q2 2023, compared to $0.49 for Q2 2022.
• Adjusted diluted earnings per share, a non-GAAP measure, was $0.88 for Q2 2023, compared to $0.69 for Q2 2022.
• GAAP operating income was $50.5 million for Q2 2023, compared to $37.3 million for Q2 2022.
• Adjusted operating income, a non-GAAP measure, was $68.4 million for Q2 2023, compared to $52.8 million for Q2 2022.
• Cash flow from operations was $40.6 million for Q2 2023, compared to $52.7 million for Q2 2022. Days Sales Outstanding was 70 days at June 30, 2023, compared to 65 days at March 31, 2023.
• Cash totaled $153.3 million at June 30, 2023, compared to $181.6 million at March 31, 2023.
• During the three months ended June 30, 2023, the Company repurchased 381,357 shares of Manhattan Associates common stock under the share repurchase program authorized by our Board of Directors for a total investment of $66.8 million. In July 2023, our Board of Directors approved replenishing the Company’s remaining share repurchase authority to an aggregate of $75.0 million of our common stock.

Manhattan Associates designs, builds and delivers market-leading Supply Chain Commerce Solutions for its customers around the world. We help drive the commerce revolution with unmatched insight and unrivalled technology, connecting front-end revenue and relationships with back-end execution and efficiency — optimized on a common technology platform. This platform-based approach is enabling leading companies across the globe to get closer to their customers and achieve real-world results.

3PL Cost Savings with Cloud Accounting

Cambridgeshire, UK based warehouse and distribution specialist Brett’s Transport has invested in new cutting-edge cloud accounting software to improve visibility and efficiency across operations and reduce its reporting admin, a move which will save approximately one week of manual data entry every month.

Cloud accounting software, bluQube, will integrate with Brett’s Transport’s other back-office systems to allow greater visibility across the organisation and enable the development of a flash reporting function to compare weekly performance against KPIs.

Prior to the investment in bluQube, Brett’s Transport was using a basic account system that managed basic invoice processes and operated in silos to other systems within the business. The dated system was time intensive and required staff to manually key in data, match invoices and chase payments.

In its place, the finance team was looking for an easy-to-use finance system that would accommodate its broader reporting requirements across activity both in and outside of the finance system – a process that was previously being done manually on spreadsheets.

bluQube will handle and automate more of Brett’s Transport’s accounting processes. The interoperable system allows the team to bring sales ledger data across from its WMS to bring invoices into bluQube to automatically create customer statements and automate the payment chasing. It then reconciles what’s been paid and received and posts it accordingly – another process that was managed outside of its previous system spreadsheets.

In addition, the team at bluQube is developing a solution to enable Brett’s Transport to pull wider business information into the software application so it can produce flash reports across current performance and make comparisons to the business’ KPIs. This data extraction, analysis and reporting automation will save Brett’s Transport approximately one week per month in the time it was previously taking for a member of staff to manually collate the data and write the reports.

James Cook, finance director at Brett’s Transport, commented: “bluQube ticks all the boxes in the finance and accounting processes we need it to handle, and much more. The ability to report on information not currently held in the finance system was a key decision factor for us, but ultimately it was the user-friendliness of the system and the team at bluQube that was the deal breaker in our decision to progress. We liked bluQube’s people-first approach and see great synergy between the two companies.

“We already have confidence in the software to let it take on many of our crucial finance and reporting processes and make key decisions. Once bluQube is implemented and up and running we look forward to exploring some more of its features and functionality, including OCR and automated workflows on the purchase ledger for incoming invoices. It’s going to be transformational for our team and the wider business.”

Nicky Wilkins, head of customer engagement at bluQube, commented: “We look forward to working with Brett’s Transport to implement the software and see the efficiencies and time savings it achieves, as well as the impact of greater data visibility and strategic insight. On top of bluQube’s interoperability and wide-ranging capabilities, the people aspect and maintaining strong business relationships is our key differentiator and it’s encouraging to have this recognised by James and the team.”

Real-time Air Freight Tracking

Prompt and seamless exchange of accurate information is essential for a robust logistics network, especially for air freight tracking. With ThinkPrime and Delpa Group, BlueBox Systems, a leading developer of intelligent air freight tracking solutions, welcomes two new customers for its state-of-the-art air freight tracking programming interface. With this, BlueBox Systems enables companies to quickly and easily access high-quality air freight data, resulting in streamlined operations.

Using BlueBox Systems’ air freight tracking programming interface, ThinkPrime and Delpa Group each get the ability to integrate BlueBox Systems’ tracking data into their own platform, allowing the independent applications to communicate with each other and share data in real time. This gives all parties along the supply chain access to the most up-to-date and accurate information. For example, carriers gain access to real-time shipment data to optimize routes and allocate resources efficiently. Similarly, manufacturers can get up-to-date shipment tracking information so they can plan production and proactively manage inventory. At the same time, the API solution enhances security by providing controlled data access that ensures only authorized parties can access and use shared information. Finally, the API streamlines processes by fostering automation and seamless system interactions, reducing manual intervention and improving overall operational efficiency.

“Our carrier neutral approach means we are connected to over 200 direct airline accounts and have ties to all major shipping lines so that we can adapt to any logistics challenge or deadline. The integration of BlueBox Systems’ API solution enables us to better provide our customers with accurate and timely updates on their shipments for a seamless experience. We pride ourselves on offering next-level customer service and the accuracy and speed of the data BlueBox supplies is unmatched, making it an incredible tool for bring our clients an even greater level of service,” says Arisa Hickey, Director at ThinkPrime (Thailand).

Chilean logistics provider Delpa Group plans to further expand its tracking offering with the interface solution from BlueBox Systems. “Through our multi-tracking platform, we already enable more than 1,500 multinational logistics providers to access cargo tracking data from airlines, shipping companies, freight forwarders and land transport companies. By integrating the BlueBox API, we can further enhance our service, especially in the air freight sector,” states Alexander Weason, Project Manager at Delpa Group.

“We are very pleased to see our API solution being adopted by more and more companies and to welcome ThinkPrime and the Delpa Group as our newest customers. Our commitment to providing the best air cargo data in the market is unwavering and we will continue to innovate and add value to our customers,” adds Martin Schulze, CEO of BlueBox Systems.

In addition to the API solution, BlueBox Systems also offers BlueBox Air, a web-based air freight tracking platform with a fast and intuitive user interface. BlueBox Air enables companies to efficiently manage their air cargo operations, reduce errors and improve overall productivity. BlueBox Systems also offers a white-label solution for companies that want to use its technology to offer their own air cargo management system to their customers.

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