Falcon Edge Capital and Tiger Global Management Bet Big on AI-Backed Supply Chain Optimization Company Locus Locus Raises $22 Million in Series B Funding

NEW YORK–(BUSINESS WIRE)–Locus (https://www.locus.sh/), a global AI-backed supply chain optimization company, has secured $22 Million in (Series B) funding by Falcon Edge Capital and Tiger Global Management. Previous investors Exfinity Venture Partners and Blume Ventures also took part in this round. After demonstrating successful customer rollouts across sectors in India, the company began expanding to…

ShipBob Adds Wayfair, Ulta Beauty Vets to Head up Supply Chain, Fulfillment

CHICAGO –  ShipBob, a technology company that streamlines fulfillment by bringing next-day and two-day shipping to ecommerce businesses, announced the hiring of Todd Bills as their Senior Vice President of Supply Chain, Chris McDonough as their Vice President of Order Fulfillment and Sean Bellucci as their General Manager of ShipBob’s Chicago fulfillment center. Bills comes…

Doddle, the Leading Click-&-Collect Technology Provider, Launches in the US

NEW YORK, NY —  Doddle (www.doddle.com), the leading provider of “click-and-collect” services and technology, today announced its launch in the United States. Doddle’s click-and-collect platform bridges the gap between brick-and-mortar stores and online, helping retailers increase foot traffic, delight customers and improve delivery and returns and profitability. The company’s solutions are already being deployed by…

Brace for a Wave of Change in 2019: Procurement & Supply Chain Challenges

As heated debates on everything from minimum wage to tariffs to state-sponsored cyber attacks continue in public and political spheres, midterm elections in the U.S. fast approach. Combined with rapidly emerging technology paradigms, labor issues, and the rising frequency and intensity of natural disasters, these factors create myriad challenges for procurement teams, manufacturers, and suppliers.…

Summer School for Buyers: OLED Displays

As technology evolves, the bill of material (BOM) on new products change along with them. For the procurement department, that translates, often, into new product lines, new vendors, and a variety of supply chain changes. In this four-part series, we’ll do a quick recap of how Organic Light Emitting Diode (OLED) technology works and how…

SophiaTX Launches Enterprise-Ready Public Blockchain

Switzerland  – SophiaTX successfully launched its mainnet with the primary purpose of creating a public blockchain with features and capabilities suitable for enterprise use.  With its fast and secure blockchain, SophiaTX is projected to disrupt current business models by providing a truly decentralized enterprise ecosystem that enables companies to deliver efficiencies and better collaborate along the value…

One Year After Launch, Bluetooth Mesh Adoption Surpasses Expectations

Kirkland, Washingto – Over the past two decades, Bluetooth®  technology has revolutionized the IoT, adding new capabilities that have enabled innovation and established new markets, from wireless audio to connected devices. And now Bluetooth mesh  continues that trend by playing a pivotal role in the development of emerging markets such as Smart Building, Smart Industry, Smart Cities,…