News Hub | News Direct

Transportation

Airlines Automotive Electric Vehicles Logistics Maritime
Article thumbnail News Release

福飒特(常州)与CICP共建自动驾驶研发中心

Foresight Autonomous Holdings Ltd.

Foresight Automotive Ltd.(纳斯达克和TASE:FRSX)(“Foresight”或“公司”),一家汽车视觉的创新者,今天宣布其全资子公司福飒特(常州)汽车科技有限公司(“福飒特常州”)将在位于江苏省的中国以色列常州创新园(“CICP”或“园区”)内建立自动驾驶研发中心(“研发中心”)。 福飒特常州自动驾驶研发中心将得到CICP提供的场地、资金、专业化服务等相关支持,以鼓励其与国内相关企业开展技术合作,拓展中国市场。其母公司将定期派遣以方工程师来园区为国内合作伙伴提供专业技术支持。 “感谢常州市以及CICP对Foresight的关心和支持。上月,我与园区驻以团队进行了疫情以来首次线下会面,成果丰硕。不到一个月的时间,我们已经签署了备忘录,并即将就研发中心的细节进行探讨。中国速度让我惊叹,也让Foresight更加坚定在中国积极创新、不断发展的决心。该研发中心将是Foresight在海外建立的首个研发中心,对整个集团而言意义非凡。它将不仅为以色列工程师来华工作提供便利,更有助于我们的技术实现中国本土化,更好服务中国市场。”福飒特(常州)首席执行官Oren Bar-On表示。 “当前,常州市正深入贯彻国家主席习近平同以色列总统赫尔佐格通电话时的重要讲话精神,全面落实两国元首达成的共识。我们期待有更多像福飒特这样的企业加入园区,在中国,在常州,不断发展壮大,实现共赢。”常州市市长盛蕾表示。 Foresight于2022年落户园区并于同年11月与顺为智能签署了一份高达5100万美元的商业合同。 关于中国以色列常州创新园 中国以色列常州创新园是首个由中以两国政府签约共建的创新示范园区,于2015年正式成立。经过8年多的发展,园区在全国中以合作领域内保持合作机制、合作模式、合作成果“三个领先”,汇聚众多以色列独资及中以合作企业,促成中以合作项目涵盖众多领域,并建成以色列江苏创新中心等一批创新平台及载体。国家主席习近平在同以色列总统赫尔佐格的通话中指出,双方合作打造了中以常州创新园等标志性项目,创新成为两国关系的亮点和助推器。 关于Foresight Foresight Autonomous Holdings Ltd.(纳斯达克和特拉维夫股票交易所代码:FRSX)是一家开发智能多光谱视觉软件解决方案和基于蜂窝的应用程序的技术公司。通过公司的全资子公司Foresight 汽车有限公司,福飒特(常州)汽车科技有限公司和Eye-Net 移动有限公司,Foresight开发了“视线内”视觉系统和“视线外”事故预防解决方案。 Foresight的视觉解决方案包括自动标定和稠密的3D点云模块,可应用于汽车、国防、自动驾驶车辆和重工业设备等不同市场。Eye-Net 移动公司的基于蜂窝的解决方案套件通过结合尖端AI技术和先进分析,提供实时碰撞前警报,可以增强城市移动环境中所有道路使用者的道路安全和态势感知。 有关Foresight及其全资子公司Foresight 汽车的更多信息,请访问www.foresightauto.com,在Twitter上关注@Foresightauto1,或在LinkedIn上加入Foresight Automotive。 前瞻性声明 本新闻稿包含1995年《私人证券诉讼改革法案》和其他联邦证券法中“安全港”条款含义内的前瞻性声明。“期望”、“预期”、“打算”、“计划”、“相信”、“寻求”、“估计”等词语以及此类词语的类似表达或变体旨在识别前瞻性陈述。例如,Foresight在本新闻稿中使用了前瞻性声明,讨论了在中国发展并努力实现技术本土化。由于此类声明涉及未来事件,并基于Foresight当前的预期,因此它们会受到各种风险和不确定性的影响,Foresight的实际结果、绩效或成就可能与本新闻稿中声明所述或暗示的内容存在重大差异。 本新闻稿中包含或暗示的前瞻性陈述会受到其他风险和不确定性的影响,包括2023年3月30日提交给美国证券交易委员会(“SEC”)的Foresight年度报告20-F表格中“风险因素”标题下讨论的风险和不确定因素,以及随后提交给SEC的任何文件。除非法律另有要求,Foresight没有义务公开发布对这些前瞻性声明的任何修订,以反映本协议日期后的事件或情况,或反映意外事件的发生。为方便起见,我们提供了网站的参考和链接,这些网站上的信息未通过引用纳入本新闻稿。Foresight不对第三方网站的内容负责。 Contact Details 投资者关系联系人: Michal Efraty, CEO, HK Ventures +972 52-304-4404 michal@hk-venture.com Company Website https://www.foresightauto.com/

May 03, 2023 09:00 PM Eastern Daylight Time

Article thumbnail News Release

Nauticus Robotics adapting spaceflight technology to the ocean with US Marine Corp project

Nauticus Robotics

Nauticus Robotics founder and CEO Nicolaus Radford joins Proactive's Natalie Stoberman from the Proactive newsroom to share the latest milestone from its Defense Innovation Unit (DIU) Amphibious Autonomous Response Vehicle program for the US Marine Corp. Nauticus Robotics is a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries. Nauticus’ robotic systems and services are delivered to commercial and government-facing customers through a Robotics-as-a-Service (RaaS) business model and direct product sales for both hardware platforms and software licenses. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

May 03, 2023 11:26 AM Eastern Daylight Time

Video
Article thumbnail News Release

NAVEX Opens Nominations for 2023 Customer Excellence Awards

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, today announced nominations are now open for the third annual NAVEX Customer Excellence Awards. This prestigious award acknowledges and celebrates the exceptional performance of NAVEX customers’ ethics, compliance and integrated risk management programs. The nomination window will be open until July 12, 2023. Previous Customer Excellence Award winners include Dell Technologies, Castolin Eutectic Holding GmbH, Jacksonville Transportation Authority and Genpact. Interested NAVEX customers can submit their entry today via the NAVEX Customer Excellence Award website. “A robust risk and compliance program is fundamental to creating and maintaining a highly motivated workplace culture,” said Steve Chapman, Chief Customer Officer at NAVEX. “Our annual excellence awards recognize especially strong programs that demonstrate measurable impact on business success. We look forward to seeing all of this year’s nominations.” The Customer Excellence Awards recognize exceptional program performances from NAVEX's 13,000+ customers worldwide, covering 70 million employees, categorized by company size and across three categories. Ethics & Compliance – Recognizes the exceptional ability to identify and mitigate risks, provide meaningful insights into corporate culture and drive risk aware decision-making through E&C programs. Integrated Risk Management – Recognizes the exceptional ability to adapt to specific risk landscapes, bring visibility to risk across the organization and use informed data to influence decisions that ultimately make for a more resilient and successful business. GRC Program of the Year – Recognizes the exceptional ability to break down silos across the business to align ethics and compliance, and/or integrated risk management, resulting in a comprehensive risk and compliance management program that provides efficiency and actionable insights. As in years past, an expert panel of judges will determine the winners, consisting of some of the most respected names in the industry, including Vera Cherepanova, Studio Etica; Matt Kelly, Radical Compliance; Michael Volkov, The Volkov Law Group; Kyle Welch, George Washington School of Business; Carol Williams, Strategic Decision Solutions; along with NAVEX executives Florian Haarhaus, International General Manager; Steve Chapman, Chief Customer Officer; and Carrie Penman, Chief Risk & Compliance Officer. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details Scott Levesque +1 617-388-5773 scott.levesque@navex.com Company Website https://www.navex.com

May 03, 2023 08:30 AM Eastern Daylight Time

Article thumbnail News Release

AmeraMex International shares heavy duty equipment expansion plans and rental strategy for cash flow

AmeraMex International

AmeraMex International CEO Lee Hamre joins Natalie Stoberman from the Proactive newsroom to discuss the company's growth strategy for further expansion into heavy-duty machinery rentals. Hamre says AmeraMex aims to build a rental fleet to create cash flow and remain profitable during potential recessions. The company has signed contracts with customers on five year rental contracts and ordered approximately $8 million worth of new machines. AmeraMex is also focused on expanding its rental business, as customers tend to rent instead of buying when a recession looms. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

May 01, 2023 09:15 AM Eastern Daylight Time

Video
Article thumbnail News Release

FS is on a Mission to Unleash Human Creativity. With a Relaunch of its Trend Forecasting Platform, the Future’s Looking Brighter for all Creators

Fashion Snoops

Earlier forecast timelines, dedicated specialty areas, advanced color inspiration, smoothly integrated with AI-powered market tracking and design tools — empowers creators to map their path ahead with extraordinary clarity. FS (Fashion Snoops) announces the relaunch of its popular future forecasting platform. The new rendition streamlines the product creation process; makes it more intuitive, interactive, and creatively fulfilling. Putting power into the hands of the creators, the FS platform provides advanced inspiration aimed to spark future ideas and help track what's happening in the market. Its range of custom tools enable subscribers to gather creative intelligence across retail, runways, trade shows, and social media. Most importantly, they help curate those discoveries into cutting-edge creative strategies and concepts. All in a format that is easy to customize, share, or export into design software. "The problem for creators today is not a lack of information, but rather an overload of it. That's where we come in, ” explains Itay Arad, Co-founder and CEO at FS. "Instead of just offering more, we present our clients with incisive, inspiring content that is easy to find and ready to provoke action." As a company with a purpose to unleash human creativity, the FS forecasting platform offers creatives a way to find joy and inspiration in the product development process. Once again. Feeding their imagination and passion for creating products that aren't driven solely by data or recent fads but by genuine innovation. "We realized that the market is desperately looking for a way to rekindle inspiration,” says Lilly Berelovich, Co-founder and Chief Creator at FS. “We are seeing too many brands and retailers trading in curiosity for a false sense of certainty. Relying so heavily on data and past successes that creativity and innovation are quickly diminishing. It's a catch-22 situation.” Berelovich continues, “Everyone is trying to figure out what consumers want, while the consumers are simply looking to be surprised and excited by newness from the brands... from our commitment to unleashing human creativity, we aim to help the market break this exhausting cycle.” Here are the highlights of features and tools on the renewed FS futures platform: TRACK AREA: FS subscribers can keep their finger on the pulse of what's happening across retail, social media, runways, and trade shows. FS's unique sorting and filtering algorithms make identifying trends and discovering inspiration for their future assortments fun and easy. EXPANDED CATEGORIES: Due to popular demand, the FS team has invested in and grown the offering for Activewear, Swimwear, and Intimates. Creators in these areas now have a section that speaks their language and focuses on their unique needs. COLOR TOOLS: FS's powerful suite of color tools includes a dynamic palette builder, an AI-enhanced runway color tracker, and the ability to search the platform's images by color. Aided by these tools and FS's in-depth color reports, subscribers can create their own original color palettes or use the ones built by FS as a starting point. Individual color chips and entire palettes can now be easily exported and uploaded to design software like Adobe Photoshop and InDesign. PATTERN + GRAPHICS AREA: Inspiration across markets or an individual design category can be found while accessing FS's popular pattern and graphics reports in one convenient place. ASSET GALLERY: FS team's editorial content, which includes mood images, bespoke videos, original art, CADs, and color palettes, is easy to browse through, save, and share. MY FS AREA: Subscribers can access all their saved multimedia content (reports, videos, images, palettes, individual color chips) and drag-and-drop pieces to curate visually compelling mood and concept boards. ABOUT FS For over 22 years, FS (Fashion Snoops) has been a leading force in trend forecasting. Our curious team of experts serves clients in over 50 countries from the worlds of fashion, accessories, home decor, beauty, wellness, and other consumer-facing industries. With a powerful-yet-intuitive digital platform and decades of industry insight, FS is known for collaborating closely with clients. From boutique brands to Fortune 500 companies, we are helping to chart their path to a thriving business. Find your creative futures at fashionsnoops.com Contact Details Fashion Snoops Ashleigh Ralfe +44 7824 393164 ashleigh@fashionsnoops.com Company Website http://fashionsnoops.com/

May 01, 2023 09:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

The Future of Supply Chain Transparency: How Security Matters' Blockchain Solution is Changing the Game

Security Matters PLC

In a recent interview with New to the Street’s Ana Berry, Haggai Alon, founder and CEO of Security Matters (NASDAQ: SMX), discussed how the company's technology is revolutionizing supply chain authentication, traceability, and transparency. Security Matters' innovative solution marks materials with a virtual memory of their origination, with the data recorded on the blockchain. This technology is helping to create transparency and efficiency across various industries, such as fashion and plastics. Supply Chain Authentication Market Estimated CAGR of 12.6% Between 2022 and 2031 The horizon for the supply chain authentication market is brimming with potential, as global growth prospects appear bright. A remarkable $2 billion market size in 2021 is expected to surge to an astonishing $6.3 billion by 2031, propelled by a stupendous compound annual growth rate of 12.6% from 2022 to 2031. This momentous growth is rooted in the escalating requirement for supply chain transparency, escalating occurrences of cyberattacks throughout supply chains, and the implementation of innovative technologies to amplify security measures. As the market continues to expand, the demand for secure and reliable supply chain solutions has become a driving force. Businesses are seeking out innovative tools that can help them identify and mitigate potential risks in real time. With greater visibility and transparency, decision-making is becoming more informed and precise than ever before. Furthermore, the cloud is proving to be a game-changer, with its ability to support various architectures and developer tools that can enhance both professional and web-based applications. So, it's no surprise that cloud deployment types are expected to experience the highest growth during the forecast period. SMX’s Technology and Unique Characteristics By reducing dependence on sourcing materials from subcontractors outside the United States and increasing the ability to use waste materials, Security Matters' technology enables companies to maintain growth and profitability. This is achieved by being present at every stage of a material's lifecycle, from virgin raw material to end-of-life recycling. Allen believes that growth and sustainability can coexist, with Security Matters' technology providing a unique toolbox for companies to maintain a healthy economy. By helping companies use more recycled content and providing a single technology that covers everything from sourcing to production to recycling, Security Matters gives businesses a competitive advantage. The company originated from the Israeli government, with a team of scientists developing the technology and filing nearly 100 patents on 50 different materials. One example of the technology's application is in the fashion industry, particularly in the leather market. Security Matters' technology marks leather at various stages of production, allowing brands to provide their customers with greater transparency and fostering a new level of relationship in the digital world. Blockchain plays a crucial role in Security Matters' solution, as unique molecular sequences are added at each stage of the material's lifecycle. This provides an additional layer of data per the request of stakeholders or brands, which can be read and extracted at any stage with a single reader. This comprehensive approach to supply chain transparency has the potential to significantly impact industries worldwide as the market continues to grow at a rapid pace. In conclusion, Security Matters is at the forefront of innovation in supply chain authentication, traceability, and transparency with its groundbreaking technology. As the market size for supply chain authentication continues to soar, driven by increasing demand for transparency and heightened security measures, companies like Security Matters play a pivotal role in shaping the future of this industry. By leveraging blockchain technology, reducing reliance on external subcontractors, and promoting sustainability, Security Matters' solutions have the potential to transform businesses across various sectors. As we move into a digital era that demands greater transparency and efficiency, the company's commitment to providing scalable and eco-friendly solutions could prove to be a game-changer for both businesses and the planet. Watch SMX’s Full Interview On New to the Street: https://www.youtube.com/watch?v=vURNgO1E4Nc Disclaimer: Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement. All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated seven hundred and fifty dollars cash by a third party, Vince Caruso and FMW Media Works Corp. for the creation and dissemination of this content. This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management. The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions. Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/ The Post " The Future of Supply Chain Transparency: How Security Matters' Blockchain Solution is Changing the Game " First Appeared On Spotlight Growth. Contact Details Security Matters PLC Spotlight Growth info@spotlightgrowth.com

May 01, 2023 05:30 AM Pacific Daylight Time

Article thumbnail News Release

ToolsGroup, Exhibiting at Retail Technology Show, Announces Significant Enhancements To JustEnough® For Retail Planning

ToolsGroup

LONDON, U.K. — April 26, 2023 — Today at Retail Technology Show in London, ToolsGroup, a global leader in retail and supply chain planning and optimization software, has announced the launch of critical new functionality in the JustEnough ® Dynamic Retail Planning & Execution suite. In this release, ToolsGroup introduces dynamic, real-time allocation and replenishment capabilities, as well as stock-mix optimization functionality. It also fully integrates JustEnough with the Inventory Hub® Dynamic Data Unification Platform. These product enhan cements link perpetual inventory signals to critical merchandise planning modules. This gives retailers in-the-moment visibility into inventory and inventory-related events and enables them to take fast action based on these insights. JustEnough version 2023.1 offers the latest enhancements, including: Real-Time Retail: This native integration of the Inventory Hub Dynamic Data Unification Platform with Allocation, Replenishment, and Fulfillment connects real-time inventory insights with merchandising applications designed to act on these insights. Real-Time Retail empowers merchants to respond faster to changing shopping patterns and gain significant competitive advantage. Stock-to-Service Curves that add the ToolsGroup SO99+ industry-leading stock-mix optimization capabilities to JustEnough retail forecasting. This delivers service-driven planning that allows users to better manage risk and uncertainty while still lowering overall inventory costs and increasing service levels. Performance Upgrades that streamline functionalities across Assortment Planning, enabling easier top-down planning and providing upgrades that power better decisions faster. “In the age of unified commerce, a revitalized merchandising approach empowers retailers to develop competitive, customer-centric business practices,” said Inna Kuznetsova, CEO of ToolsGroup. “With this new release of JustEnough, merchants achieve the operational agility and resilience they need to deliver an enhanced shopping experience across all channels. Connecting real-time inventory insights with merchandise planning applications enables truly dynamic retail planning. This not only improves the experience for customers but also optimizes business performance and supports sustainability objectives.” The new functionality available in this latest release further solidifies JustEnough by ToolsGroup as a leader in retail planning. The integrated, end-to-end merchandise planning suite helps retailers create more accurate forecasts, more agile merchandise financial plans, and more precise inventory and stock plans. Powered by automation, AI and real-time inventory data, retailers can respond faster to changing shopping patterns. C u stomers using JustEnough report a 10 % reduction in lost sales, 20 % increases in inventory turns, and over 25 % increase in planning efficiency, all while achieving overall revenue growth. For more information about JustEnough and detailed use cases, read our blog on the v2023.1 release here. ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of fast, intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory – delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

April 26, 2023 11:38 AM Eastern Daylight Time

Image
Article thumbnail News Release

Innovation and Community Dominate NAFA’s 2023 I&E

NAFA Fleet Management Association

NAFA Fleet Management Association (NAFA) recently concluded its 2023 Institute and Expo (I&E), April 17-19, in Baltimore, MD, where nearly 2,000 fleet and mobility professionals from around the globe convened to network, learn, and explore the latest products and services from industry suppliers. During the opening session on Monday, NAFA Board President Michael Camnetar, CAFM, kicked off the event with an update on the association’s initiatives. The session featured fleet professionals who achieved their Certified Automotive Fleet Manager (CAFM) designation. The winners of the 100 Best Fleets in the Americas were also crowned. “NAFA I&E is always a special time, especially now when we are experiencing so much growth and change in our industry,” said Camnetar. “We leave I&E with a newfound sense of curiosity, a greater appreciation for our industry and feeling a whole lot closer to our community.” Monday’s Keynote, The #1 Thing That Holds Us Back, was led by Sunjay Nath – renowned keynote speaker specializing in leadership and performance. Nath challenged attendees to break away from patterns that no longer work, become more aware of biases and learn to question what people believe is impossible. Wednesday’s Keynote, Hacking Innovation, The New Growth Model from the Sinister World of Hackers, was led by Sara Frasca, innovation and business growth expert. This session opened attendees’ eyes to the hacker mindset, emphasizing how and why unorthodox moves can lead to the best business outcomes. On the Main Stage on Tuesday, industry leaders gathered to discuss the electrification of the fleet industry and how fleet managers can work with key stakeholders to reach their electric vehicle goals. The panelists addressed the importance of mitigating risks, developing climate action plans, being change agents, quantifying overall impacts and aligning EV goals with the DNA of their organization. More than 20 education sessions took place over the course of the event, providing fleet industry professionals with the opportunity to stay ahead of emerging trends and make connections with other attendees. Session topics included fleet electrification, recession-proofing fleet operations, tackling the growing shortage of qualified technicians, top fleet management best practices, and more. Also, more than 70 participants were immersed in CAFM Live, a peer-to-peer educational event that accelerates Certified Automotive Fleet Manager (CAFM) candidates’ preparation for examination and certification. The Expo featured nearly 200 exhibitors showcasing the latest fleet products and services. New this year, the inaugural Innovations Showcase invited attendees into an interactive innovation zone on the Expo floor, where exciting new products and product updates being launched by exhibiting companies were on display. Digital Ally, Inc. and ReviverMX, Inc. were named the winners of the inaugural Innovations Showcase People’s Choice award. NAFA also introduced its first-ever Media Day, providing nearly a dozen companies the opportunity to present their breaking news and announcements to reporters in back-to-back press conferences. At I&E, NAFA also announced the leaders of its Regional Councils as part of the association’s new regional governance model, which was rolled out earlier this year. This new structure will foster and enhance community and growth. More information on this announcement can be found here. Thank you to our 2023 sponsors for their generous support of I&E. Wheels Stellantis Fleet & Business Solutions Holman Wex Element U.S. Bank Voyager Faster Asset Solutions Geotab Circle K Pro Shell Fleet Solutions Samsara Bestpass Merchants Fleet NAFA also extends its appreciation to its media partners for their continued support: Autosphere.ca Automotive Fleet Fleet Management Weekly Modern WorkTruck Solutions The MUNICIPAL Utility Fleet Professional Next year’s I&E will take place in San Antonio, TX on April 22-24, 2024. To learn more about NAFA, visit: https://www.nafa.org/ NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes; and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and Twitter. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

April 25, 2023 02:30 PM Eastern Daylight Time

Article thumbnail News Release

ToolsGroup and North America’s Largest Tire Distributor to Present at Gartner Symposium, May 8-10, Orlando Florida

ToolsGroup

ToolsGroup announced today that we are exhibiting at the Gartner Supply Chain Symposium/Xpo 2023 in Orlando Florida, May 8-10. We’re also pleased to announce that one of ToolsGroup’s top customers, American Tire Distributors, has been selected to present on May 8, 12:05 pm on Stage 2, Supply Chain Xpo Atlantic Hall. Sarah Voorhees, Vice President of Demand and Inventory Planning at American Tire Distributors, will discuss how ATD improved in-house planning processes by adopting ToolsGroup Service Optimizer 99+ (SO99+). Thanks to the solution’s AI-powered probabilistic forecasting engine, ATD has gained new insights into demand behavior, enabling them to increase customer satisfaction and profit margins while lowering inventory. It has moved from fixed forecast intervals to forward-looking dynamic planning, and increased forecast collaboration with both suppliers and end retailers for better, faster decisions. “As North America’s premier tire distributor, we at ATD understand the challenges facing our partners in the automotive industry,” said Voorhees. “Our goal is to help our suppliers and customers continually adapt to changing trends and disruptions. With ToolsGroup SO99+, we have the AI-driven supply chain planning solutions that allow us to adapt quickly and stay flexible, helping us meet our own business goals while delivering on our promises to customers and strengthening our relationships within the industry.” “ATD’s story is indicative of a new wave of supply chain strategies that leverage probabilistic techniques and artificial intelligence to thrive in today’s volatile economic climates,” said ToolsGroup CMO, Kevin Young. “By harnessing ToolsGroup’s AI-driven solutions, ATD’s supply chain absorbs disruption-related shockwaves and generates data-driven insights for better, faster decision making, network-wide. We’re thrilled to partner with ATD as they drive innovation with their upstream and downstream partners to reduce inventory and improve service across the entire supply network.” Interested in learning more about ToolsGroup’s solutions? Book a meeting here and stop by booth #344. CONTACT Mark Gallant, VP of Corporate Marketing & Communications, ToolsGroup +1 978-808-0123 mgallant@toolsgroup.com About Gartner Supply Chain Symposium/Xpo Gartner Supply Chain Symposium/Xpo conference delivers must-have insights, strategies and frameworks for chief supply chain officers (CSCOs) and supply chain leaders to think big and drive real impact within their organizations. Join a global community of CSCOs and supply chain executives in 2023. For more information visit: https://www.gartner.com/en/conferences/na/supply-chain-us About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

April 25, 2023 11:15 AM Eastern Daylight Time

Image
1 ... 4445464748 ... 140