Supply Chain Modernization
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Macy’s to close Oklahoma fulfillment center
Yahoo Finance· 2026-01-12 10:23
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. Macy’s plans to close a fulfillment center in Tulsa, Oklahoma, this spring, a company spokesperson told Supply Chain Dive in an email. “After careful consideration, we’ve made the decision to close our supply chain facility in Tulsa as part of our ongoing work to modernize our supply chain to better serve customers, while simplifying how we operate,” the ...
Cardinal Health brings modernization and automation to the pharmaceutical supply chain
Yahoo Finance· 2025-10-30 18:42
Core Insights - Cardinal Health is investing significantly in modernizing and expanding its pharmaceutical logistics distribution network to enhance efficiency and customer responsiveness [1][2] Group 1: Major Projects - The newly opened Consumer Health Logistics Center in Groveport, Ohio, and a planned flagship pharmaceutical distribution center in Indianapolis are central to Cardinal Health's long-term strategy [2][3] - The Groveport facility is a cornerstone of the hub-and-spoke distribution model, while the Indianapolis center aims to meet expanding demand and set new operational standards [3] Group 2: Technological Advancements - Automation and robotics are key components of the modernization effort, improving speed, quality, and efficiency in the distribution process [5] - 98% of Cardinal Health's cold storage capacity has been upgraded to ensure precise handling of temperature-sensitive products [4] Group 3: Employee and Operational Benefits - The modernization strategy focuses on enhancing employee safety and ergonomics by allowing workers to interact with robotics outside of refrigerated zones [5] - Cardinal Health's business continuity plan is designed for flexibility and resilience, enabling rapid response during public health emergencies or unexpected disruptions [5]
Macy's, Inc. Unveils New Automated Fulfillment Center, Marking a Bold Step in Supply Chain Modernization
Businesswire· 2025-10-16 18:35
Core Insights - Macy's, Inc. has launched a new automated fulfillment center, which represents a significant advancement in the company's supply chain modernization efforts [1] Group 1: Company Developments - The new automated fulfillment center is located in China Grove, North Carolina, and is part of Macy's strategy to enhance operational efficiency [1] - This initiative is expected to improve the speed and accuracy of order fulfillment, thereby enhancing customer satisfaction [1] Group 2: Industry Implications - The move towards automation in fulfillment centers reflects a broader trend in the retail industry, where companies are increasingly investing in technology to streamline operations and meet rising consumer expectations [1] - The establishment of automated facilities is likely to set a benchmark for competitors in the retail sector, pushing them to adopt similar technologies to remain competitive [1]
RedCloud at GITEX Dubai: Setting Sights on Saudi Launch, with AI Solution to $2Tn Problem
Globenewswire· 2025-10-14 12:30
Core Insights - RedCloud Holdings plc is advancing towards the launch of RedCloud Arabia, with participation in GITEX 2025 in Dubai [1][3] - The company aims to address a $2 trillion global inventory gap affecting the $14.6 trillion FMCG industry, which leads to inefficiencies and higher prices for consumers [2][4] - RedCloud's platform has shown significant growth, with a reported revenue of $46.5 million in 2024, representing a 135% year-over-year increase [6] Company Developments - RedCloud's CEO Justin Floyd and joint venture partner Majid Alghaslan are attending GITEX 2025 to meet potential partners and sponsors [3][5] - The company has expanded its active retailer base to 68,089 customers, a 110% year-over-year increase, and its distributor network to 1,017 active customers, a 136% year-over-year increase [6] - RedCloud Arabia will be jointly owned with Kayanat and is set to launch operations in Q4 2025, focusing on deploying the RedAI trading platform [11] Market Position - The Middle East FMCG market is projected to trade $568 billion in 2025, aligning with RedCloud's mission to modernize supply chains in the region [4][11] - The platform processed a Total Transaction Value (TTV) of $2.5 billion, indicating strong customer growth momentum [5][6] - RedCloud completed a $20 million IPO on Nasdaq in March 2025, with analysts maintaining a "Strong Buy" rating and a price target of $5.00, suggesting a potential upside of 150-180% [8]
Is Supply Chain Modernization Enough to Lift Home Depot's Growth?
ZACKS· 2025-06-25 15:30
Core Insights - Supply-chain management is crucial for The Home Depot, Inc.'s growth, with significant investments made to modernize operations for efficiency and resilience [1][9] - Home Depot is diversifying its supply chain to reduce reliance on non-U.S. markets, particularly in response to rising tariffs on imports, especially from China [2] - The company aims to ensure that no single non-U.S. country accounts for more than 10% of total purchases within 12 months [2] - Management acknowledges that absorbing tariff-related costs may compress margins, but plans to maintain pricing discipline through various strategies [3] - Home Depot is enhancing its in-store and digital experiences, improving fulfillment and delivery, and expanding its interconnected retail strategy [4] - The "One Home Depot" investment plan focuses on supply-chain expansion, technology integration, and digital enhancement, providing a competitive edge [5] Competitive Landscape - Lowe's Companies, Inc. is advancing its supply-chain transformation to optimize inventory flow and enhance customer experience [6][7] - Amazon.com, Inc. is leading in supply-chain upgrades, focusing on speed, efficiency, and scalability to enhance e-commerce capabilities [6][8] Financial Performance - Home Depot's shares have declined by 6.2% year to date, outperforming the industry's decline of 9.6% [12] - The forward price-to-earnings ratio for Home Depot is 23.14X, compared to the industry's average of 20.38X [13] - The Zacks Consensus Estimate indicates a year-over-year earnings decline of 1.3% for fiscal 2025, with a projected growth of 9.1% for fiscal 2026 [14]