Tag: Chain

13
Oct
2020
Posted in software

Exclusive: Supply chain software firm E2open nears deal to go public – sources

(Reuters) – U.S. supply chain management software firm E2open LLC is nearing a deal to go public through a merger with blank-check acquisition company CC Neuberger Principal Holdings I at a valuation of more than $2.5 billion, including debt, people familiar with the matter said on Tuesday.

An agreement could be announced as soon as Wednesday, the sources said, cautioning that talks could still falter. E2open is owned by private equity firm Insight Partners.

The sources requested anonymity because the matter is confidential. CC Neuberger declined to comment. E2open and Insight Partners did not immediately respond to requests for comment.

CC Neuberger I shares rose as much as 10.7% on the news but pared gains to close 3.2% higher at $10.53.

CC Neuberger I is a special purpose acquisition (SPAC), or shell, company that uses proceeds from an initial public offering to acquire a private company, which then becomes public as a result.

Merging with a SPAC has become a popular alternative to going public in a traditional initial public offering, as it involves less regulatory scrutiny and more certainty over the market valuation and funds raised.

So far this year, sports betting platform DraftKings Inc and electric commercial truck maker Nikola Corp have gone public by merging with a SPAC.

Insight Partners took E2open private in 2015 in a roughly $273 million deal. The Austin, Texas-based company sells software that allows companies to manage their supply chain.

E2open’s revenue is around five times what it was in 2015, one of the sources said. It stands to benefit as companies automate their supply chains further in the COVID-19 pandemic.

Led by veteran Wall Street dealmaker Chinh Chu’s investment firm, CC Neuberger I raised $414 million in an IPO in April with the aim of buying a company in the financial,

13
Oct
2020
Posted in software

Intel aims to streamline supply chain logistics with new DWS lidar software

Intel Corp. today introduced DWS, a new software product that promises streamline the supply chain operations of companies such as retailers by automating the labor-intensive chore of measuring packages’ dimensions and volume.

Intel, best known for its chips, also has a presence in a few other markets. Among others, the company sells a line of enterprise-grade depth cameras under the RealSense brand that can be used for tasks such as equipping industrial robotics with computer vision capabilities. The new DWS software announced today works with the RealSense L515 (pictured), a lidar depth camera introduced last December that Intel touts as the world’s smallest high-resolution lidar camera.

Measuring packages is an important part of running a modern supply chain. Delivery companies need to accurately log items’ size and volume to determine how best to allocate cargo capacity in their trucks. An e-commerce company, meanwhile, can use volume measurements of merchandise in its warehouses as a metric for evaluating inventory availability. These types of measurements also play a role in billing.

The challenge is that packages’ dimensions and volume typically have to be logged manually, which creates inefficiencies for large logistics firms processing millions of items per year. Enter Intel’s DWS software. A warehouse operator or delivery company can pair DWS with a number of RealSense L515 lidar cameras, deploy the cameras in its facilities and automate the measurement process.

Intel says DWS takes less than two seconds to glean a package’s dimensions and volume. It’s accurate to the millimeter, according to the chipmaker, and can measure objects ranging from small boxes measuring a few inches across to full-sized pallets. The RealSense L515 cameras DWS uses to capture this data produce images by gathering up to 23 million so-called depth points per second within their field view.

Besides speeding up measurements, Intel

05
Oct
2020
Posted in technology

IPhone Delay Interrupts That Supply Chain Rhythm

(Bloomberg Opinion) — For the first time since 2011, Apple Inc. didn’t release a version of its flagship iPhone in September. That delay has had a massive ripple effect through its network of vendors, which makes parsing supply-chain data even more challenging than usual.

Since at least March, we knew that the next installment of the iconic device would be pushed back due to Covid-19. The pandemic initially hit manufacturing lines in China, but continued to impact the rest of the global lineup of companies that contribute to the product, all the way back to the team that develops it in Cupertino.

Foxconn Technology Group is the most obvious example. Its Hon Hai Precision Industry Co. unit, which assembles iPhones at factories chiefly in China, posted a 21% drop in September sales Monday. It’s not alone. Largan Precision Co., which makes camera lenses for smartphones, reported a decrease of 22%. 

The declines resulted in a 7% fall in third-quarter revenue at Hon Hai, the largest for that period in over a decade. Largan had it worse, plummeting 20% for the quarter. Taiwan Semiconductor Manufacturing Co., the major provider of chips for gadgets, is expected to post 11% quarterly growth when it reports sales Thursday. That’s respectable, but slower than recent quarters and could be further hurt by a a strengthening Taiwan dollar.

What makes the conundrum more revealing, and at the same time confusing, are the different tales being told at these companies. 

Largan’s woes, for example, aren’t limited to the iPhone delay. The September decline wasn’t a one-time event, and actually followed double-digit drops in the previous two months, partly reflecting developments at Huawei Technologies Co. and Xiaomi Corp.

“Weakening demand for premium smartphone lenses and order cuts from Huawei are the two major factors weighing on product prices

04
Oct
2020
Posted in software

Supply Chain Management Software Market will Showcase Positive Impact during 2020-2024|Emergence of Supply Chain Visibility to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the supply chain management software market and it is poised to grow by USD 9.56 bn during 2020-2024, progressing at a CAGR of almost 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is concentrated, and the degree of concentration will accelerate during the forecast period. BluJay Solutions Ltd., E2open LLC, Epicor Software Corp., Infor Inc., JDA Software Group Inc., Manhattan Associates Inc., Oracle Corp., SAP SE, The Descartes Systems Group Inc., and WiseTech Global Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

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Emergence of supply chain visibility has been instrumental in driving the growth of the market.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments