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FarEye’s Eye on Last-mile Delivery Report Finds 84% of Retailers Lack Control of their Outsourced Delivery Networks

FarEye Previews Research Results from Retailers; Last-mile Priorities Focused on Reducing Cost to Deliver While Improving Consumer Experience

(BUSINESS WIRE)--The FarEye Eye on Last-mile Delivery Report, conducted with Researchscape International, explores retailers’ and logistics providers’ last-mile delivery priorities and opportunities over the next five years.

Since 2020, last-mile delivery has gone through a transformation, yielding a complex, expensive, inefficient, and unsustainable process. To reduce growing last-mile delivery costs, FarEye’s research revealed that 57% of retailers have outsourced their delivery networks over the past five years, yet 84% of retailers claim their organization needs more control over their outsourced delivery networks.

In a climate where revenue growth, efficiency and sustainability are key priorities for every company, last-mile delivery strategies must adapt to balance reducing delivery costs and improving consumer experiences.

Retailers Favor Outsourced Delivery Networks Which Lack Control

Outsourced delivery networks yield lower cost, faster delivery, and increased capacity but sacrifice control over order tracking and a branded consumer experience. The trend for retailers to outsource their delivery networks contrasts with the fact that only 27% of retailers are using one last-mile delivery platform yet 72% believe it is extremely or very beneficial to merge all technology solutions into one platform, offering a single view, more agility, control and lower cost.

“For retailers that do not have the scale for their own fleet of drivers, outsourcing their delivery networks is the most cost-effective way to deliver with flexibility, however, the tradeoff is less control,” said Stephane Gagne, vice president, product, FarEye. “Rather than outsource their entire last-mile logistics network, retailers should consider having their own last-mile platform that would provide them the flexibility to experiment with different hybrid multi-carrier approaches, outsourcing in some markets, and insourcing in others. This would offer the level of control and visibility they are after, while retaining a superior consumer experience.”

Retailers’ Top Priorities are Balancing Cost of Delivery and Consumer Satisfaction

Last-mile delivery is expensive, accounting for 53% of overall shipping costs. Fifty-five percent of retailers surveyed are focused on reducing cost of delivery over the next five years, in addition to increasing customer satisfaction (53%) as their top two priorities.

The top factors contributing to the high cost of last-mile delivery include: fuel (59%), address location (39%), labor (36%) and first delivery failure (34%). The speed to deliver is a contributing factor as only 44% of retailers reported that all or almost all of their deliveries are made on-time today, however, retailers have a goal of increasing that rate to nearly 70% in 2027. In addition, 35% of retailers reported offering same- or next-day delivery now, and 64% aim to offer it by 2027.

“Instead of speed, retailers should consider improving the reliability of orders through AI and machine learning technology that will help them route orders accurately and efficiently, and ensure carrier allocation and capacity levels match demand,” noted Gagne.

Last-mile Delivery Growth Priorities

In terms of last-mile delivery outlook, 66% of retailers expect their budgets for last-mile delivery technology to grow over the next five years, and 78% of retailers claim they will likely change or buy a new last-mile delivery solution in the next 1-2 years. Forty-eight percent of retailers expect to buy a last-mile delivery platform in the next five years, vs. building their own in-house (32%).

By 2027, retailers also plan to expand their carrier fleets to be more sustainable. Sixty percent of EMEA and APAC respondents and 40% of U.S. respondents planned to use electric vehicles in their fleets in the next five years. Autonomous vehicles are a priority for 43% of APAC respondents, 25% for U.S. and 20% for EMEA respondents, and drones were a priority for 34% of APAC respondents, 29% of EMEA respondents and 22% of U.S. respondents, over the next five years.

Research Methodology

The FarEye Eye on Last-mile Delivery research will be released in two parts, in January and February 2023. FarEye analyzed responses from 300 leaders across retail and logistics with responsibility for logistics and retail operations in the U.S. (32%), EMEA (36%) and APAC (32%) regions.

About FarEye

FarEye’s Delivery Management platform turns deliveries into a competitive advantage. Retail, e-commerce and third-party logistics companies use FarEye’s unique combination of orchestration, real-time visibility, and branded customer experiences to simplify complex last-mile delivery logistics. The FarEye platform allows businesses to increase consumer loyalty and satisfaction, reduce costs and improve operational efficiencies. FarEye has 150+ customers across 30 countries and five offices globally. FarEye, First Choice for Last Mile.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20230126005266/en/


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https://www.aetoswire.com/en/news/2701202330083
Contacts
Jolene Peixoto, VP, marketing strategy & communications, jolene.peixoto@fareye.com

Saudi Arabia to host Italian Super Cup between Inter Milan and AC Milan tomorrow

RIYADH, Saudi Arabia - Tuesday, 17. January 2023

Riyadh, the capital of Saudi Arabia, will host tomorrow at 10:00pm (local time) The Italian Super Cup match between league champions AC Milan and cup winners Inter Milan, at Riyadh’s King Fahd Stadium, brought by Ministry of Sport as part of the sporting events in Diriyah’s 2nd Season.

The long-awaited tournament for football fans in Saudi Arabia and the world will enjoy a thrilling match between two Milan’s giants, Inter, the current Coppa Italia holders and AC Milan, for the Italian Super Cup. Both clubs will go head-to-head in an epic derby showdown.

Previously, Saudi Arabia hosted the Italian Super Cup in 2018 and 2019, where the first edition was held in Jeddah between Juventus and Milan, at King Abdullah Sports City Stadium, while the second edition was held at King Saud University Stadium in Riyadh, between Juventus and Lazio.

The Kingdom’s hosting of this major event comes as part of international sporting tournaments and events taking place in the 2022 Diriyah Season which are brought by Ministry of Sport, with aim to achieve the goals of the Kingdom’s Vision 2030, and as one of the “Quality of Life” Program’s initiatives, by hosting the most spectacular and largest international sporting events, to ensure a great experience for the visitors of Diriyah Season through amazing activities.

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https://www.aetoswire.com/en/news/00071701202300006en

Contacts

Dany Abadie – Managing Director

dany.abadie@squidnomad.com

 

Watts Water Technologies Announces Fourth Quarter 2022 Earnings Release and Conference Call

(BUSINESS WIRE)--Watts Water Technologies, Inc. (NYSE: WTS), will hold a live webcast of its conference call to discuss Fourth Quarter 2022 results on Thursday, February 9, 2023, at 9:00 a.m. Eastern Standard Time. Watts Water Technologies, Inc. will announce its financial results for this period in a press release to be issued after market close on Wednesday, February 8, 2023.

This call can be accessed by visiting the Investor Relations section of the Company’s website at www.watts.com. Following the webcast, an archived version of the call will be available at the same address until February 9, 2024.

Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world. Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions for commercial, residential, and industrial applications. For more information visit www.watts.com.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20230118005620/en/


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https://www.aetoswire.com/en/news/1901202329803
Contacts
Watts Water Technologies, Inc.
Diane McClintock
Senior Vice President, FP&A and Investor Relations
Phone: 978-689-6153

Bartek Hosts Canadian Government Dignitaries at Facility Groundbreaking

The project will be the largest malic and fumaric acid facility once complete

(BUSINESS WIRE) -- Bartek Ingredients advances its plans to strengthen its position as the world’s largest producer of malic and food-grade fumaric acid with the groundbreaking of its state-of-the-art, $175 million malic and fumaric acid production facility.

The company held a groundbreaking ceremony on Jan. 12 with Canadian government officials and local community leaders to celebrate the official commencement of the construction project.

“We are thrilled to be breaking ground on our new facility which will set a new global benchmark for safety, efficiency, and environmental performance,” Bartek President and CEO John Burrows said. “We are pleased to be investing in the community of Stoney Creek and proud to play an integral part in supporting local industries and the local economy. We are thankful for our partnerships with the provincial and federal government and Environment Hamilton and their support and guidance throughout the process.”

Among those in attendance at the groundbreaking were Neil Lumsden, Minister of Tourism, Culture and Sport and Member of Provincial Parliament for Hamilton East, Victor Fedeli, Minister of Economic Development and Trade, Lisa Thompson, Minister of Agriculture, Food and Rural Affairs, and Chad Collins, Member of Federal Parliament for Hamilton East-Stoney Creek.

“Congratulations to everyone at Bartek Ingredients on this exciting milestone,” Minister Fedeli said. “Bartek’s $175 million investment will ensure that the company can continue to expand and create more good-paying jobs in Hamilton and the surrounding region. Together, we’re building a stronger Ontario with opportunities for all people.”

The facility will double Bartek’s production capacity and propel new product development and other innovation efforts. It is also being built with sustainability in mind and is expected to be the most environmentally sustainable facility in the industry – projected to reduce per unit greenhouse gas emissions by more than 80 percent.

“Ontario has a clean energy advantage and is a sustainable and predictable place to do business,” Minister Piccini said. “As a result, we’re attracting the jobs of tomorrow. My Ministry was proud to work closely with Bartek through the permitting and approvals process to help secure this significant investment to Ontario.”

Minister Thompson added: “Bartek’s new state-of-the-art facility will be a shining example of Ontario’s robust agri-food manufacturing and processing sector. This major investment will create good-paying jobs in the local community and further strengthen Ontario’s value-added food supply chain.”

Through this project, Bartek will inject $100 million into the local Stoney Creek economy. The facility is expected to be fully operational at the beginning of 2024.

“Hamilton’s Bartek facility will soon become one of the world’s largest malic and food-grade acid production plants,” Minister Lumsden said. “Our government is excited to see local manufacturers, such as Bartek, invest in Ontario to grow and create more good-paying jobs right here in Hamilton!”

For more information, please visit bartek.ca or contact Bartek at info@bartek.ca.

About Bartek Ingredients

For over 50 years, Bartek Ingredients Inc. has been a leading global manufacturer of malic acid, fumaric acid, and maleic anhydride. Headquartered in Stoney Creek, Ontario, Canada, Bartek employs 120 people across its two production facilities in Southern Ontario. Bartek’s facilities are registered to the ISO 9001:2015 Standard. Bartek also holds the BRC Global Standard for Food Safety certification, and it distributes to more than 40 countries around the world. With new ownership in 2019 and significant investments, Bartek’s presence in the food and beverage space continues to be bolstered by highly innovative products and services that utilize deep product expertise and application knowledge to offer solutions to industry needs. For more information about Bartek, visit bartek.ca/.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20230125005653/en/


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https://www.aetoswire.com/en/news/2601202330054
Contacts
Erin Robbins
MarketPlace
erin.robbins@marketplacebranding.com
+1-314-366-3562

Mythical Games Announces Launch of New Marketplace and Acquisition of DMarket

Making Mythical the Second-largest Blockchain Processor of Digital Assets behind Ethereum

(BUSINESS WIRE) -- Mythical Games, the next-generation gaming technology studio, has launched Mythical Marketplace 2.0 following the acquisition of marketplace tech start-up DMarket, as part of its continued commitment to innovation in gaming. The new marketplace is built on Mythical’s new layer 1 EVM blockchain and powered by the Mythos native ecosystem token, MYTH. The acquisition is a significant milestone for Mythical Games, with DMarket’s tech facilitating the most advanced trading platform for digital assets. It makes Mythical the world’s second-largest processor of digital assets on a distributed ledger after the Ethereum mainnet, as of December.

Mythical’s Marketplace 2.0 has fully integrated DMarket’s technology to feature principles of its blended payment gateway, featuring a powerful AML and anti-fraud protection system built on more than a decade of industry experience. Combined with Mythical’s expertise in gaming and digital assets, Marketplace 2.0 provides a frictionless user experience that enables peer-to-peer transactions and empowerment for gamers looking to participate in the play-and-own gaming economies of the future. The Mythical Chain has been live for six weeks, processing over 2 million transactions.

“We founded Mythical Games in 2018 with the idea of ushering in both the next generation of gaming and the next generation of gamers. Half a decade later, we’re continuing to do just that. Mythical’s Marketplace 2.0 was designed to not only enhance our platform but, more importantly, improve the player experience and set the standard for the future of gaming,” said John Linden, co-founder and CEO, Mythical Games. “All too often, developers tout features as ‘seamless’ and ‘integrated’ when discussing gaming or metaverse projects. In reality, these solutions are still very complicated and not made for gamers. But with these monumental steps forward, Mythical will provide users with an experience that delivers on both.”

Marketplace 2.0 will support NFL Rivals and Nitro Nation World Tour assets, with plans to expand to all Mythical titles on the Mythical Chain. Assets on the Mythical Chain will be entirely governed by smart contracts with both ownership and commerce logic enforced on a secure distributed digital ledger.

“The new horizons of the gaming space have always been the main focus for DMarket. We’re excited to become a part of Mythical Games' work to reduce barriers to entry for innovative game developers and thriving new economies,” said Vlad Panchenko, co-founder and CEO of DMarket. “We share a vision of how the industry will evolve and how we all can contribute and bring more fun to the gaming community worldwide.”

DMarket’s office in Kyiv, Ukraine, becomes part of Mythical East, with its headquarters in Lisbon, Portugal. Its co-founders, Vlad Panchenko and Tamara Slanova, will become part of Mythical’s Executive leadership team, with a particular focus on building the best and easiest marketplace technology for the gaming industry.

DMarket has also adopted the Mythical Chain for its existing marketplace, which will continue to operate outside of the Mythical Marketplace. DMarket.com will retain the familiar experience with purchases in USD in the web experience; however, all trades are recorded on the Mythical Chain to provide full transparency to the community.

For more information on Mythical Games’ Marketplace 2.0, visit http://mythical.market.

About Mythical Platform

Mythical Platform can be added to pre-existing game economies or built into the design of a new game from the ground up, and enables management of digital asset trades, payments, users, and inventory management, making it possible for buyers and sellers of digital assets to transact confidently in an environment founded on transparency, security, trust and value. Mythical Marketplace provides seamless integration to game inventory and offers fraud protection, fee optimization, and soon asset bundling and buyer and seller pricing recommendations. Mythical partners will also have access to proprietary intelligence, market design and market intervention tools that enable easy and safe digital asset transactions.

About Mythical Games

Acknowledged by Forbes’ Disruptive Technology Companies to Watch in 2019 and Fast Company’s World Changing Ideas 2021, Mythical is a next-generation games technology company creating a gaming ecosystem by leveraging tradeable digital assets for tools that enable players, creators, artists, brands and game developers to become stakeholders and owners in new creator-focused game economies.

Led by gaming industry veterans, the team specializes in building games around player-owned economies and has helped develop major franchises, including Call of Duty, World of Warcraft, Guitar Hero, DJ Hero, Marvel Strike Force and Skylanders.

About DMarket

DMarket is the biggest marketplace for trading gaming and esports digital assets. Based on the Newzoo report, it is also one of the top three blockchain-based marketplaces worldwide. The company was founded in 2017 by serial entrepreneurs Vlad Panchenko and Tamara Slanova. DMarket's partners and customers include Darewise, GSC Game World, the Na’Vi esports team, Unity, Xsolla, and others.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20230124006123/en/


Permalink
https://www.aetoswire.com/en/news/2601202330050
Contacts
Nate Nesbitt
nate.nesbitt@mythical.games

LG TO DEMONSTRATE ITS LATEST HEALTHCARE INNOVATIONS AT ARAB HEALTH 2023

As part of its ongoing commitment to pioneering innovation, LG Electronics (LG) will showcase its advanced portfolio of medical imaging technologies at Arab Health 2023, the largest healthcare exhibition in the Middle East. The company will unveil its new medical monitors and upgraded digital X-ray detectors that will be launched in the MEA region in the coming months.

Keeping in mind the sustained demand for healthcare innovations triggered by the prolonged impact of the pandemic, LG continues to expand its product offerings in the medical field, advancing its imaging and surgical visualization technologies based on feedback from medical professionals and patients, and adapting its medical display solutions to the demands of the healthcare environment.

“We are consistently growing our product range and expanding our presence in MEA, recruiting more staff, partnering with new medical distributors along with regional offices of multinational radiology and endoscopy companies. We understand how improved diagnostic accuracy and treatment can make a positive impact on healthcare outcomes, and we strive to provide healthcare professionals with the advanced technologies they need to deliver the best possible patient care,” said Moh’d AlFar, Senior Business Development Manager of LG Electronics Medical Devices in MEA region.

At Arab Health, LG will present its new Diagnostic Monitor (model 32HQ713D) designed to provide improved image quality for diagnostic review. With a large 32-inch 8MP IPS-Black display combined with enhanced brightness and IPS-black panel providing 100% sRGB, the new monitor enables clinicians to easily distinguish even delicate details. Featuring a Multi-resolution mode, LG’s Diagnostic Monitor provides compatibility with all modalities, allowing users to adjust the monitor’s resolution to optimize to the connected device. Additionally, the new monitor is equipped with productivity and comfort features and sensors that ensure more intuitive operation and efficient workflow.

Also on display is an updated version of LG’s Digital X-ray Detector in a new 10-inch size (model 10/14/17HQ701G). Designed to improve diagnostic accuracy, the new detector guarantees high resolution and clear image quality without image distortion. It also increases productivity with fast-processing and improved images transmission, ensuring rapid image availability. With a built-in Hot Swap battery that allows the detector to maintain power for longer, LG’s new Digital X-ray Detector ensures stable and durable performance. In addition, it features an improved design that makes the detector not only exceptionally strong, but also lightweight and portable, making it more convenient to operate.

When it comes to surgical solutions, LG will demonstrate its new Mini-LED Surgical Monitor (model 27HQ710S) that meets all the requirements of the operating room. With a LED 27-inch 4K display with 1,000,000:1 contrast ratio and sRGB over 139%, the new monitor enables detailed observation and ensures accurate colour reproduction with the perfect black. The display also offers an increased peak brightness of 2,000 cd/m2, delivering even more accurate imagery for precise surgery. In addition to this model, LG will also reveal its new 55-inch Surgical Monitor. To learn more about this monitor, please visit LG Electronics Business Solutions booth at the exhibition and see the monitor in a real operation theater set up.

LG will also introduce its LG Calibration Studio (LCS) for calibration at the exhibition, a platform that offers calibration capabilities to all LG medical monitors ensuring highest compatibility, accuracy and standards compliance.

In addition to medical devices, LG will also showcase its latest technologically advanced information displays, such as UHD Hospital TVs designed to meet the specific needs of hospitals, One:Quick Flex and One:Quick Works series for effective business collaboration, LED All-in-One Smart Series for visual communication with superior image quality, as well as Createboard for true interactivity.

Explore LG’s innovative medical solutions at the LG booth at Arab Health 2023 from January 30th to February 2nd, located at Dubai World Trade Centre (DTWC), Sheikh Saeed Hall 2, stand number S2.F30.

For more information, please visit: https://www.lg.com/global/business/virtual-showroom/medical-display

 

# # #

About LG Electronics Business Solutions Company

The LG Business Solutions Company is a trusted partner offering innovative products and solutions for diverse industries worldwide. With a portfolio of unique offerings ranging from industry-leading OLED and LED signage to high efficiency solar solutions, LG is a respected name among customers around the world. LG’s IT solutions include business monitors, laptops, projectors, cloud devices, medical displays and commercial robots, all designed to maximize work efficiency and return strong value to customers. For more on LG’s Business Solutions, visit www.LG.com/b2b.


Permalink
https://www.aetoswire.com/en/news/2601202330045
Contacts
LG-One

Nora Nassar

Email: nora.nassar@lg-one.com

Jetcraft Poised for Strong 2023 With Senior Americas’ Sales Hires

LONDON - Tuesday, 24. January 2023 AETOSWire

(BUSINESS WIRE)--Jetcraft, the global leader in business aircraft sales and acquisitions, has appointed Gerald Hooper and Laurence Vidal to senior sales roles in the Americas. The executive hires position Jetcraft to meet customer demand throughout the continent and further expand the company’s on-the-ground market intelligence.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230124005773/en/

As Aircraft Sales Director, Hooper will lead Jetcraft’s business development in the US West Coast territories, including Northern California, Oregon, Washington and Idaho. Prior to joining Jetcraft, Hooper was Director of Aircraft Sales and Acquisitions at Executive Aircraft Services (EAS), working with corporate clients and aircraft worldwide.

Based in Brazil, Vidal joins Jetcraft as Sales Representative and will oversee the South American territories, including Chile, Argentina, Uruguay, Brazil, Bolivia and Paraguay. Vidal has held positions at leading OEMs, including an eight-year tenure at Bombardier Aerospace where she formulated business strategies to drive market share in the Brazilian executive aviation market.

Dan Kilkeary, SVP Sales, Americas at Jetcraft, says: “With more than 40 years combined experience in business aviation, Gerald and Laurence bring extensive local and industry knowledge to Jetcraft and will ensure we continue to exceed client expectations across the Americas.

“Our latest Market Forecast highlights the importance of our presence in these regions, with North America continuing to lead demand for pre-owned business jets across the globe, growing from 53% market share in 2010 to 73% in 2021 in terms of aircraft value. South America business jet activity is also soaring, with business aviation flights up 23% compared to 2022, according to data from WingX.”

Gerald Hooper, Aircraft Sales Director at Jetcraft, says: “This is an exciting time to join Jetcraft as business aviation continues to grow across North America. Jetcraft’s priority is bringing creative global solutions to the West Coast and I’m eager to begin closing transactions for our clients.”

Laurence Vidal, Sales Representative at Jetcraft, adds: “I’m ready to support Jetcraft in executing complex aircraft sales, acquisitions and trades, while providing a personal, inclusive service and fostering long-term relationships across South America.”

Hooper and Vidal’s appointments follow two senior executive appointments in 2022, upping Jetcraft’s headcount to more than 80.

ENDS

About Jetcraft

More than brokers, Jetcraft® is a network of global aircraft advisors, offering unmatched international reach and unrivalled local knowledge. The company’s market leading intelligence, strategic financing solutions and extensive inventory support even the most intricate of transactions. For 60 years Jetcraft has led the way, setting standards that continue to shape the industry. Today, a team of 80+ dedicated aviation specialists across 25+ offices deliver worldwide aircraft sales, acquisitions and trading at the speed of life.
www.jetcraft.com

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20230124005773/en/


Permalink
https://aetoswire.com/en/news/jetcraft-poised-for-strong-2023-with-senior-americas-sales-hires
Contacts
 
For more information, please contact Anna Price / Amber George at 8020 Communications.
Email: jetcraft@8020comms.com
Telephone: +44 (0)1483 447380

 

Nestlé Purina Petcare Takes Category Management Strategy Into the Metaverse With Blue Yonder and 3DVR Solutions

 

 

Leading U.S. pet care company drove innovation with Blue Yonder’s category management capabilities and 3DVRS’s 3D visualization

(BUSINESS WIRE) -- To improve customer experience and satisfaction, retailers are looking to offer a personalized assortment and easy to navigate display of products in their stores. That’s why Nestlé Purina Petcare, the leading manufacturer of pet care products, has successfully implemented Blue Yonder’s category management solution integrated with 3DVR Solutions’ (3DVRS) 3D virtual reality technology to assist its retail partners with better merchandizing of their store shelfs.

Purina is the No. 1 pet care company in the U.S. It offers more than 20 brands in the U.S., feeding 65 million dogs and 51 million cats annually. Purina provides its retail partners with planograms that design shelfs aimed at merchandizing products to meet customer needs. However, with travel restricted during the COVID-19 lockdowns, it needed an alternate way for its associates to work with its retail partners remotely to replicate critical tasks that would otherwise be performed in front of a physical planogram or in store.

Enter 3DVRS’ innovative Retail Visualisation Suite (RVS) Virtual Reality (VR) Headset solution, which combines planogram data from Blue Yonder with a cutting-edge virtual reality headset provider to deliver a fully interactive, networked avatar-based merchandising solution. This integrated solution brings people from all over the globe into a common unique headset experience in the metaverse where they can plan, present and interact. The integrated solution is now also available to other companies who are looking to solve similar challenges.

Thanks to this integrated solution, Purina has achieved some key benefits:

  • Removed the need to be in a physical store to make shelfing decisions by bringing people together in the metaverse, which has in turn reduced environmental impact from less travel and decreased training costs.

  • Reduced time to merchandise a shelf via an interactive planogram before moving real product.

  • Incorporated true-to-life factors into shelf planning.

  • Partner with retailers to enhance the customer journey in store and share global best practices.

“3DVRS’ integration with Blue Yonder delivers flexibility, speed and scale, giving us the ability to effectively deploy across the business. The evolution from virtual reality on the desktop to network avatars in the RVS VR Headset solution has been seamless. We can now hold meetings virtually in the metaverse, interact with layouts, products, and store innovations, allowing us to be right at the cutting edge,” said Gene Feldman, training manager, Purina.

Together, Blue Yonder's category management and 3DVRS’ RVS VR Headset solutions have enabled Purina’s retail partners to make faster, more accurate and localized space allocation decisions to help their customers find the products they need more easily while guaranteeing a better shopping and service experience.

“Purina is a fantastic partner to innovate with as they are always looking to the latest technology to give their business the edge. The challenges they presented pushed technological boundaries. Our integration with Blue Yonder gives us the platform to support large enterprises such as Purina. It’s great to bring new tech to the market that makes a real difference. It’s amazing what we have achieved together already, but I sense there's a lot more to come,” said Nigel Hemer, CEO and founder, 3DVR Solutions.

“Working with 3DVRS has allowed us to bring Blue Yonder’s planograms to life in the metaverse where users can merchandise, analyze, interact, and meet as avatars to design shelfs that meet customers’ needs. This is cutting-edge technology at its finest and Purina was one of the first companies to benefit from it. By creating a culture of innovation and thought leadership throughout the organization, Purina is building a great place to work for both their associates and retail partners,” said Phillip Teschemacher, corporate vice president, Manufacturing - EMEA, Blue Yonder.

Additional Resources:

About Nestlé Purina PetCare

Nestlé Purina PetCare creates richer lives for pets and the people who love them. Founded in 1894, Purina has helped dogs and cats live longer, healthier lives by offering scientifically based nutritional innovations.

Purina manufactures some of the world's most trusted and popular pet care products, including Purina Cat Chow, Purina ONE, Pro Plan, Fancy Feast and Tidy Cats. Our more than 8,700 U.S. associates take pride in our trusted pet food, treat and litter brands that feed 51 million dogs and 65 million cats every year. More than 500 Purina scientists, veterinarians, and pet care experts ensure our commitment to unsurpassed quality and nutrition. Purina promotes responsible pet care through our scientific research, our products and our support for pet-related organizations.

Over the past five years, Purina has contributed more than $150 million towards organizations that bring, and keep, people and pets together, as well as those that help our communities and environment thrive. Purina is part of Nestlé, a global leader in Nutrition, Health and Wellness. For more information, visit purina.com or subscribe here to get the latest Purina news.

About 3DVR Solutions

As a global Blue Yonder technology partner for 10 years, 3DVRS leverages Blue Yonder planogram and store CAD data to create highly visual 3D environments, enabling retailers & suppliers to plan, design and respond to rapidly changing market conditions. The unique design of 3DVR’s virtual reality solutions deliver automation, speed and scale without inherent dependencies and costs. 3DVR support Blue Yonder customers around the globe, including those on Microsoft Azure. www.3dvrs.com

About Blue Yonder

Blue Yonder is the world leader in digital supply chain transformations and omni-channel commerce fulfillment. Our end-to-end, cognitive business platform enables retailers, manufacturers and logistics providers to best fulfill customer demand from planning through delivery. With Blue Yonder, you'll unify your data, supply chain and retail commerce operations to unlock new business opportunities and drive automation, control and orchestration to enable more profitable, sustainable business decisions. Blue Yonder - Fulfill your Potential blueyonder.com

“Blue Yonder” is a trademark or registered trademark of Blue Yonder Group, Inc. Any trade, product or service name referenced in this document using the name “Blue Yonder” is a trademark and/or property of Blue Yonder Group, Inc. All other company and product names may be trademarks, registered trademarks or service marks of the companies with which they are associated.

 

   

Contacts

Blue Yonder Public Relations Contacts:
Marina Renneke, APR, Corporate Communications Director
Tel: +1 480-308-3037, marina.renneke@blueyonder.com

 

 

 

Dar – the Master Civil Engineer for the Centralny Port Komunikacyjny Airport – Inaugurates Poland Office

On January 16, Dar Al-Handasah Consultants – Dar – inaugurated its new Poland office at Aleje Jerozolimskie 142 B 02-305, Warsaw. The move comes after the company began its design activities as the Master Civil Engineer on Poland’s new Centralny Port Komunikacyjny (CPK) Airport.

The opening ceremony was attended by Dar’s Chairman and CEO Talal Shair, Regional Director of Operations Danny Aoun, and a team of the company’s leading directors and industry experts. Honored guests at the ceremony included the CEO of CPK Mikołaj Wild, the Director of Aviation at CPK Piotr Kasprzyk, a representative from the Polish national airlines LOT, the Lebanese Ambassador to Poland HE Reina Charbel, as well as senior stakeholders, officials, and subconsultants in Poland’s aviation industry.

Dar’s Chairman and CEO Talal Shair said, “Even as one of the world’s leading aviation design consultants and with our experience in airports around the globe, we were captivated by the sheer vision and ambition of the new airport. And that made it an even greater honour when our company was named the Master Civil Engineer. We are here today to fulfil all of our promises and more, by leveraging our technical excellence and consulting capabilities to help deliver a highly-sustainable, future-fit, and resilient airport that can bolster connections in Europe and position Poland as a continental hub.”

Regional Director of Operations Danny Aoun emphasized Dar’s long-term commitment to Poland, adding, “we are settling in to establish a local team of experts who can tailor our company’s considerable expertise and global credentials to support projects in Poland and Europe deliver even more impact and value to communities across the country.”

About Dar:

Dar is one of the world’s leading consultancies, providing design, planning, engineering, and project management services for a wide variety of market sectors, including buildings and cities, transportation and civil infrastructure, water and the environment. Dar is also the founding member of Dar Group, a global design, engineering, and consulting group with award-winning impact and global reach. In 2022, Dar Group ranked 1st among international design firms in the Airports market as well as 10th among international design firms overall, 3rd in Buildings, and 6th in Transportation (Engineering News Record).

www.dar.com


Permalink
https://www.aetoswire.com/en/news/1001dar24012023eng
Contacts
Poland office:

Sonia Rutkowska

(+48) 699 891 333

Sonia.Rutkowska@dar.com

International:

Haya Yahya

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Haya.yahya@dar.com

44,500 New Aircraft to Be Delivered Over the Next Two Decades, Worth US$2.9 Trillion

(BUSINESS WIRE)--The new Cirium Fleet Forecast reveals demand for approximately 44,500 new aircraft globally over the next two decades, worth US$2.9 trillion.

The forecast published by Ascend by Cirium, the consultancy arm of aviation analytics firm Cirium, is an independent outlook of the global passenger and freighter market for the next 20 years.

It reaffirms an encouraging long-term projection for the aviation industry and its recovery from the Covid-19 pandemic, predicting that 20-year aircraft deliveries will be 1% lower globally than predicted a year ago.

This comes despite Russia’s invasion of Ukraine, travel restrictions in China, and rising energy costs all emerging as influential factors during 2022.

The aviation industry’s recovery from the Covid-19 crisis in early 2020, has progressed significantly if unevenly across regions. Global aviation activity is predicted to reach 2019 levels in October.

Rob Morris, Ascend by Cirium’s Global Head of Consultancy, said: “The new Cirium Fleet Forecast shows a positive long-term outlook for aviation. The industry is undergoing structural changes but remains on course to return to traditional growth paths by 2025.”

“The global passenger fleet will be required to increase by around 22,000 aircraft to service passenger traffic, which we predict to grow 3.6% annually to reach 47,700 aircraft by the end of 2041.

“These new aircraft will be required to meet demand for air travel, but also to replace less efficient, older-generation types.”

Asia will account for over 40% of new deliveries

Asia-Pacific remains the key growth region for new deliveries, driven by China. The country is forecast to have the highest annual passenger traffic growth rate at over 6% and account for 19% of deliveries in 2041, ahead of all other Asia-Pacific countries, with a combined share of 22%.

North American and European airlines are projected to account for 21% and 17% of deliveries respectively. Middle East airlines will take 7% of deliveries, accounting for 14% in value terms due to the rich mix of higher value twin-aisle deliveries.

In the forecast, Russian capacity and traffic are assumed to decline in the near term. Combined with the complete cessation of Ukrainian civil aviation activity, Russia/CIS traffic is then forecast to stabilize at 70% of 2019 levels in 2024.

Demand for single-aisles will drive fleet growth

At the end of November 2022, the single-aisle fleet was within 2% of 2019 levels, but twin-aisle aircraft numbers were still down by 20%. The single-aisle fleet will grow faster by 3.7% annually, against 3.2% for twin-aisles as the recovery of long-haul traffic continues to lag. The regional aircraft fleet will rise more modestly, by 1.1% a year, with the turboprop fleet set to grow at a faster rate within the regional sector.

Forecast traffic growth over the long term will require the global passenger fleet to increase by around 22,000 aircraft, which equates to a 3.1% annual growth rate, taking the inventory to some 47,700 aircraft at the end of 2041.

The in-service passenger fleet is not forecast to return to 2019 levels until mid-2023, thus effectively losing up to four years of ‘normal’ fleet growth.

Airbus and Boeing will remain the two largest commercial aircraft OEMs, delivering an estimated 80% of aircraft between them and 88% by value through 2041. However, there is US$360 billion of demand for other OEMs or new programs.

The pressures to replace older, less-efficient types will increase

Close to 88% of the current passenger fleet is forecast to be retired from passenger service during the next 20 years. Freighters have longer useful economic lives, so approximately 70% of the current fleet will be retired by 2041.

Overall, there will be some 19,000 retirements from the end-2021 passenger fleet, plus a further 2,500 aircraft that leave the passenger fleet via cargo conversion.

As pressure to switch to more environmentally friendly aircraft grows, replacing less efficient older-generation types will be an increasingly important element of fleet planning. The Covid-19 crisis has seen relatively young aircraft being phased out, while those of older vintages may remain in storage until eventual scrapping.

The freighter boom continues, but may not persist

Freight capacity (available tonne kilometres or ATKs) is forecast to grow annually at 3.0% and traffic (FTKs) at 3.7%, relative to 2019. The forecast predicts the supply of some 3,560 freighter aircraft over the next 20 years, including 1,060 new builds (30%) worth US$130 billion, and 2,480 conversions of passenger aircraft (70%).

This is a similar volume and profile to that predicted in the previous forecast, reflecting the continued near-term boom in conversions triggered by the air-cargo market dynamics of the Covid-19 pandemic, including a short-term drop in passenger belly capacity, e-commerce growth and rising feedstock availability. Although the current conversion boom may not persist, it is enabling the replacement of older, less efficient aircraft.

To download an executive summary of the Cirium Fleet Forecast, [click here]

About Cirium

Cirium brings together powerful data and analytics to keep the world moving. Delivering insight, built from decades of experience in the sector, enabling travel companies, aircraft manufacturers, airports, airlines and financial institutions, among others, to make logical and informed decisions which shape the future of travel, growing revenues and enhancing customer experiences. Cirium is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.

For further information please follow Cirium updates on LinkedIn or Twitter or visit www.cirium.com.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20230124005195/en/


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