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News Briefs

  • 3/5/2023

    Amazon Business Launches 3-Way Match for Mobile App

    Amazon

    Amazon Business announced the launch of 3-Way Match on the Amazon Business mobile app to help business customers automate reporting, taking the old desktop or handheld scanner reporting to the app. 

    Now available in the U.S., the new 3-Way Match app enables account administrators and approved buyers to use a mobile device to simply scan the barcode of a package when it arrives and automatically mark the item as received. With this new feature, the nearly 1 million active users on the Amazon Business mobile app in the U.S. have a faster way to close purchase orders.

    Amazon Business helps businesses digitize and automate procurement with management controls and analytic tools. Among those tools is 3-Way Match, a common accounting control to ensure that a business’ purchase payments are received, accurate, and complete. Until now, it was cumbersome to use because it was only available on desktop or via handheld scanners. The mobile version adds the extra flexibility of being able to complete a 3-Way Match in real-time from anywhere. A successful 3-Way Match includes matching and verifying the purchase order, the invoice, and the receipt before a payment is made.

    “Manual processes cannot be scaled efficiently, especially for large organizations,” said Doug Gray, vice president of technology at Amazon Business. “Integrating our 3-Way Match capability on the Amazon Business mobile app simplifies the process so customers can reconcile their purchases in seconds. At Amazon, we’re driven to find better ways for our customers to work, and our 3-Way Match mobile scan does just that.”

    With 3-Way Match, accounts payable and procurement teams can protect their organization from paying for incorrect invoices, items not yet received, or fraudulent purchases. This helps businesses of all sizes improve efficiency and reporting capabilities while also reducing time spent on manual data entry and avoiding payment for damaged or incorrect packages.

    Customers can download the Amazon Business mobile app by visiting Google Play store for Android users or the Apple App store for iOS users and get started with 3-Way Match. For more information about 3-Way Match and how to use it, visit https://business.amazon.com/en/find-solutions/3-way-match.

    This article first appeared on the site of sister publication RIS. 

  • 2/22/2023

    Danone Boosting Capacity With Advanced Manufacturing Investment

    Danone

    Danone North America is investing in its advanced manufacturing capabilities, with benefits expected to help it achieve its sustainability goals.  

    The company is spending $65 million over the next two years to open a new bottle production line in Jacksonville, Fla. The location is expected to provide increased flexibility across bottle design, accelerated sustainability initiatives, lower costs, and advanced operational excellence. 

    Production for Danone’s coffee and creamer brands, such as International Delight, Silk, and STok, will reap the rewards, which include reduced water consumption, decreased carbon emissions, and improved packaging circularity. 

    The new facility will create 40 full-time jobs with attractive benefits such as 18 weeks of paid time off for childbirth or adoptions. This follows ongoing trends in the CG space to provide increased flexibility and amenities in the workplace to increase retention rates.

    Mike Sloboda, Danone North America's chief operations officer, said the investment will enable it to better serve its customers and operate more efficiently and sustainably, while Shane Grant, group deputy CEO, CEO Americas at Danone, expects it to allow the company to capitalize on consumer demand in key beverage categories, supporting Danone’s long-term growth strategies.

  • 2/15/2023

    Colavita USA Upgrades DTC Logistics With E-commerce Tech Partnership

    Colavita

    Italian specialty food manufacturer Colavita USA is updating its inventory management, warehousing, and fulfillment with elevated DTC e-commerce technology. 

    The company will be outsourcing its third-party logistics, leveraging an e-commerce solutions partnership with Boxed within a fully automated fulfillment center in Union, NJ. 

    Through the collaboration, Colavita solidifies its e-commerce distribution in the U.S. The company is a major supplier for HelloFresh and also imports products like extra virgin olive oil, vinegars, pastas, and sauces across the U.S.

    “Our relationship with Boxed as a vendor has always been strong. We are beyond excited to expand that synergy to include their supply chain and fulfillment expertise,” said Giovanni Colavita, CEO of Colavita USA.

  • 1/25/2023

    Renfro Brands Bolsters Sustainability Efforts with Supply Chain Traceability Tech

    tech map

    Renfro Brands – who represent companies such as Polo, Sperry, Jeep, Dr. Scholls, and HOTSOX  – have announced plans to build on sustainability efforts through fresh investment in product traceability software. 

    The Stockholm-based fashion and retail brand has picked supply chain traceability tech provider TrusTrace to spearhead the effort, with plans to use the platform to centralize their current supply chain data and ensure their operations remain in line with the latest compliance laws. The sock and legwear retail brand will also use the platform to track the impact of their current sustainability efforts, document progress, reduce risks, and gain greater visibility into their overall value chain. 

    Renfro Brands has been making a concerted effort to improve supply chain visibility in recent years. Among their current goals, Renfro Brands say they hope to use sustainable yarns and materials in 100% of the products by 2030. At the moment, 30% of Renfro’s packaging components are also recyclable or reusable and again, the goal is to bring this up to 100% by 2030.

    Commenting on the news, Jonah Buelin, Renfro Brand's SVP of supply chain, outlined how the TrusTrace platform would help the brand “standardize how our supply chain mapping and material tracing data is captured, digitized and shared.”

  • 1/25/2023

    L’Oreal Expands Global Retail Execution Optimization Plans

    loreal exterior building

    L’Oreal has announced plans to build out their cloud-based retail execution strategy, expanding their current roll-out plans to include the brand’s Morocco division.

    The beauty company have branched out their partnership with StayinFront to deploy their TouchCG apps to field representatives in Morocco. The Retail Optimization platform uses algorithms and artificial intelligence to pinpoint the highest value stores and directs representatives for visits using advanced routing technology.

    Once in store, high value displays and products are highlighted on screen, via an app, for representatives to focus on. StayinFront's data warehouses, KPIs, and BI tools measure the outcomes gathered, which are then fed back into the platform and used to inform future algorithmic decisions. 

    See Also: L’Oreal and PepsiCo Launch Innovative Packaging and Labeling Strategies

    The brand believe the expanded partnership will better allow representatives to efficiently complete tasks, monitor compliance and best practices, set goals, and identify trends based on what they record in store. StayinFront’s also platform integrates with L’Oreal’s existing store distribution platform to take in-store orders, gather data, and offer recommendations. 

    Commenting on the expanded partnership, Alex Sangyong CHO, sales and marketing IT director at L’Oréal North Asia & SAPMENA praised StayinFront’s AI and machine learning technologies that have allowed the brand to fuel their global digital transformation and drive retail growth. 

  • 1/22/2023

    Karl Lagerfeld Streamlines Inventory Management With AI-Powered Allocation

    Karl Lagerfeld

    Fashion brand Karl Lagerfeld is automating allocation across its network, tapping artificial intelligence to streamline inventory management.

    The company is working with supply chain planning software ToolsGroup to improve customer satisfaction, elevate sell-through potential, and increase financial performance by expediting the planning process, reducing inaccuracies, and fine-tuning forecasts to ensure ideal stock placement. 

    Timothy Justin Dreijer, senior vice president of retail, supply chain and operations, IT and legal affairs at Karl Lagerfeld, said the company was looking to implement a solution that would prepare it for its current and future business growth goals. 

    “The fact that these solutions are backed by services teams who explain technical concepts in easily digestible ways and communicate openly and clearly only bolstered our confidence in this partnership,” added Dreijer.

    “Today’s supply chains have the potential to be differentiators in the market. Innovative retailers understand that realizing this potential depends on powerfully simple AI solutions that enable optimal decisions at the speed of business,” said ToolsGroup CEO, Inna Kuznetsova.  

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