Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Verusen Debuts AI-powered Supply Chain Business Intelligence for Procurement and Operations Teams

New capability to be showcased at ProMat Chicago; Streamlines collaboration between procurement and operations to drive enhanced business outcomes

Verusen Debuts AI-powered Supply Chain Business Intelligence for Procurement and Operations Teams

New capability to be showcased at ProMat Chicago; Streamlines collaboration between procurement and operations to drive enhanced business outcomes


CHICAGO, IL — March 21, 2023 — Verusen, the AI leader driving supply chain material intelligence, today announced the launch of its AI-powered Supply Chain Business Intelligence capability to its Verusen Trusted Material application. Verusen will showcase the new offering at ProMat Chicago, March 20-23rd (ProMat Booth #S2684).

The new Business Intelligence capability provides procurement and operations teams, from senior management to front-line workers, with data-driven insights in the form of actionable and interactive reports and dashboards. Users gain increased clarity and materials visibility to view, filter, export, and share reports enabling decision-making that leads to improved business performance and bottom-line savings.

“In 2023, supply chains continue their transition past the pandemic world, embracing advanced technologies,” said Paul Noble, CEO and founder of Verusen. “However, data is still siloed, and collaboration between operations and procurement teams is challenged by limited visibility, data staleness, and manual efforts to collect and share data. Working in disparate silos, procurement and operations teams are frequently in conflict, with traditionally misaligned goals limiting execution at scale. We’re thrilled to be able to empower these groups with visual and actionable reporting and analytics to drive alignment and add a new level of collaboration and strategic decision-making. Having these kinds of insights is critical to advancing business. Companies can now collaborate seamlessly, efficiently, and effectively across their enterprise supply network.”

With Verusen’s latest offering, customers and cross-functional teams can achieve improved data visibility and communications. Manufacturers can leverage Verusen’s platform to implement better decision-making for streamlined and strategic material management. They can interact, filter, and customize material reports to drive improved business outcomes - including inventory and risk optimization and tail spend analysis, without the need for data cleanses.

To learn more about Verusen’s collaborative Business Intelligence capability visit: https://verusen.com/verusens-business-intelligence-capability/

About Verusen
Verusen is a leading Supply Chain Materials Intelligence provider focused on helping global manufacturers streamline their supply and materials management strategy. Verusen utilizes advanced data science and artificial intelligence to harmonize disparate material data across multiple enterprise systems to provide complex supply chains with material truth for supply and inventory planning and procurement intelligence. This helps organizations reduce risk, optimize working capital, and ensure production uptime to meet customer needs. The result is a foundation organizations can trust to fuel digital transformation and support supply chain maturity initiatives. Headquartered in Atlanta, Verusen has been named one of Georgia’s Top 10 Innovative Technology Companies. Visit verusen.com for more information, or follow us on Twitter at @Verusen_AI and LinkedIn.

https://verusen.com/

The Latest

More Stories

​OPEX® Sure Sort® X with Xtract™ Warehouse Automation System Is Named a Finalist in the New Equipment Digest NED Innovation Awards

MOORESTOWN, NJ (December 18, 2024) OPEX® Corporation, a global leader in Next Generation Automation providing solutions for document, mail, and warehouse automation, has been selected as a finalist in the 2024 NED (New Equipment Digest) Innovation Awards, which celebrates innovations in industrial technology, tools, and equipment that empower businesses to work faster, better, and more cost-effectively.

OPEX Sure Sort® X with Xtract™, a high-speed automated sortation and order retrieval system, was recognized in the NED Innovation Awards Automation category.

Keep ReadingShow less

Featured

AML launches StrikerX mobile computer

AML launches StrikerX mobile computer

Richland Hills, Texas, September 12, 2024. AML, a U.S-based manufacturer of barcode data collection products, announces the launch of its latest Android® product, the StrikerX mobile computer.

StrikerX is the evolution of its predecessor, the Striker, but comes equipped with the most powerful processing architecture available for devices in its class, the Qualcomm® QCS6490 processor running Android 13 at 2.7 GHz. Building on the success of the Striker, the new StrikerX maintains the same lightweight and compact form factor but makes a quantum leap in processing power.

Keep ReadingShow less
Hamilton Caster Appoints Andrew D. Stamp as Director of Sales

Hamilton Caster Appoints Andrew D. Stamp as Director of Sales

Hamilton Caster & Mfg. Co., a 117-year-old industry leader in heavy-duty industrial casters, proudly announces the enhancement of its legacy Super Endurance Caster (SEC) series, now rebranded as the Spinfinity® Super Endurance Caster (ZFSEC) series. In addition, Hamilton is introducing the all-new Spinfinity® Super Endurance Dual Caster (ZFSEC2) series, both of which feature a new heavy-duty 'V-Style' seal designed to elevate performance in the most demanding environments.
The Spinfinity® Super Endurance Caster (ZFSEC) series replaces Hamilton’s legacy SEC series, setting a new benchmark for kingpinless caster design in extra heavy-duty applications. Central to this upgrade is the heavy-duty 'V-Style' seal, which offers protection against dirt, debris, and moisture. This advanced sealing technology ensures consistent performance and extends the life of the caster, making it the ideal choice for environments where reliability is critical.
"With the introduction of the V-Style seal, the ZFSEC series is engineered to withstand the harshest conditions while providing zero-fix, 100% maintenance-free operation," said Mark Lippert, president of Hamilton Caster. "This enhancement allows our customers to minimize maintenance costs and downtime, further solidifying Hamilton’s reputation for durability and dependability."
The ZFSEC series retains the robust construction that Hamilton is known for, including a swivel top plate and inner raceway made from forged steel, providing superior strength for shock conditions. Sealed precision ball bearings are also now standard in all wheels, contributing to the maintenance-free performance of the series. Notably, the zerk fittings have been eliminated, as the new design makes them unnecessary.
Complementing the ZFSEC series, Hamilton introduces the all-new Spinfinity® Super Endurance Dual Wheel Caster (ZFSEC2) series. This dual wheel series is engineered for extra heavy-duty applications where stability, durability, and maintenance-free operation are paramount. Like its counterpart, the ZFSEC2 series leverages the new 'V-Style' seal, ensuring that each caster is fully protected against contaminants that could compromise performance.
Combined with sealed precision ball wheel bearings, this caster series ensures zero-fix, 100% maintenance-free performance. The dual-wheel configuration enhances stability and allows for a lower overall height, offering a perfect blend of strength and maneuverability.
Casters in both series are finished in a durable HAA polyester platinum powder coat and are available in a wide variety of wheel types, allowing for customization based on application needs. For complete wheel specs and product details check out the Spinfinity® Super Endurance Caster Landing Page and all-new Spinfinity® Super Endurance Dual Caster Landing Page.

https://www.hamiltoncaster.com/Top-Menu/Resources/New-Products/hamilton-enhances-spinfinity-casters-launches-new-dual-wheel-caster-series

New Horizon Releases Innovative Functionality for Optimizing Inbound Logistics Scheduling at DCs

ACTON, Massachusetts – September 3, 2024 – New Horizon Soft, LLC (https://www.newhorizon.ai), a global leader in AI-powered supply chain planning software, announced today the release of a new version of its Buyers Workbench procurement planning software. The latest version includes the ability to optimally schedule inbound deliveries, taking into account distribution center (DC) receiving capacity, thus minimizing receiving bottlenecks and lowering inbound logistics costs. A research paper describing the innovative methodology and its deployment at an iconic $10B+ U.S. quick-service restaurant chain was recently published in the peer-reviewed academic journal, the International Journal of Operations Research and Information Systems.

Supply chain organizations typically plan purchase orders without regard to DC receiving capacity. This leads to bottlenecks on some days and underutilized staff on others. New Horizon’s methodology, called Master Purchasing Receipt Scheduling (MPRS), uses a novel algorithm to automatically and optimally schedule deliveries. The algorithm plans deliveries at the time of purchase order creation and results in a steady volume of deliveries and lower planning and logistics costs. While first deployed at a restaurant chain, the methodology is applicable to any manufacturer, wholesaler, retailer, or foodservice company operating high-velocity DCs.

Keep ReadingShow less
Thinkink Packaging Launches New Line of Custom Frozen Food Boxes to Enhance Product Freshness

Thinkink Packaging Launches New Line of Custom Frozen Food Boxes to Enhance Product Freshness

Pennsylvania, United States – August 2024 – Thinkink Packaging, a leader in innovative packaging solutions, is excited to announce the launch of its new line of Custom Frozen Food Boxes. Designed to meet the growing demand for sustainable and durable packaging in the frozen food industry, these new boxes offer a perfect blend of functionality, quality, and eco-friendliness.

The frozen food market is rapidly expanding, with consumers increasingly seeking convenient, ready-to-eat meals that maintain freshness and quality. Thinkink Packaging’s Custom Frozen Food Boxes are specially engineered to meet these needs, offering superior insulation to preserve product integrity from production to the consumer's freezer.

Keep ReadingShow less