天眼查App显示，近日，佛山市青橙供应链管理有限公司成立，注册资本100万人民币，经营范围为一 般项目：供应链管理服务；国内贸易代理；货物进出口；技术服务、技术开发、技术咨询、技术交流、 技术转让、技术推广；人工智能应用软件开发；人工智能理论与算法软件开发；人工智能基础软件开 发；集成电路芯片及产品制造；信息系统集成服务；智能家庭消费设备制造；人工智能行业应用系统集 成服务；智能家庭消费设备销售；物联网技术研发；塑料制品销售；金属材料销售；信息技术咨询服 务；信息咨询服务（不含许可类信息咨询服务）；企业管理咨询；社会经济咨询服务；贸易经纪。（除 依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

Core Insights - The GEP Global Supply Chain Volatility Index indicates that global supply chains remained underutilized in November 2025, with a headline index of -0.29, suggesting a weakening outlook for early 2026 [1][3][8] Regional Analysis - **North America**: The index fell to -0.53 from -0.45, marking the highest degree of underutilized supplier capacity since March, indicating a softening manufacturing activity [9] - **Europe**: The index dipped to -0.33 from -0.25, reflecting ongoing fragility in the industrial economy, with manufacturers in Germany and France showing reluctance to expand purchasing [4][9] - **Asia**: The index rose to -0.16 from -0.30, signaling less spare capacity than in October, with Chinese factory purchasing slowing down, although ASEAN countries like Indonesia and Vietnam showed resilience [4][9] Demand and Supply Dynamics - Global factories' purchases of commodities and intermediate goods slowed in November, primarily due to reduced factory buying in China and weak demand in the US and major European economies [14] - Reports of stockpiling due to price or supply fears remain historically low, indicating limited concerns about purchasing price inflation or shortages [14] - The global item shortages tracker is well below its long-term trend, suggesting healthy supply levels for manufacturers, with minimal challenges in sourcing [14] Cost Pressures and Market Conditions - With excess capacity globally, companies are expected to face limited purchasing cost pressures, excluding tariff-related effects, as shortages remain minimal and stockpiling activity is low [5][8] - Transportation costs increased slightly in November but remained in line with historical averages, indicating stable logistics conditions [14]

Core Insights - Companies are modernizing supply chains to enhance agility, visibility, and sustainability in response to geopolitical and environmental disruptions [1] Group 1 - The modernization of supply chains is driven by the need for greater agility [1] - Enhanced visibility in supply chains is becoming a priority for companies [1] - Sustainability is a key focus area for companies as they adapt to disruptions [1]

Group 1: Agentic Commerce Development - Agentic commerce involves consumers utilizing AI models to shop on their behalf, with technology companies like OpenAI investing heavily in this area [1][4] - OpenAI has introduced a feature allowing ChatGPT users to purchase products directly from specific merchants, with partnerships including Etsy, Walmart, and Shopify merchants [4] - Amazon has been developing its own agentic commerce features, such as the "Buy For Me" function, while also exploring partnerships with third-party providers [5][6][7] Group 2: Supply Chain and Customs Enforcement - Exiger has secured a multi-million-dollar contract with U.S. Customs and Border Protection (CBP) to combat illegal transshipment practices that bypass U.S. trade laws [2][3] - Exiger's AI models will assist CBP in enforcing tariff orders, improving data for decision-making, and tracking transshipments, thereby enhancing the efficiency of customs operations [2] - The technology aims to provide CBP agents with additional resources for scanning shipments, addressing the significant volume of goods entering the U.S. annually [2] Group 3: Warehouse Management Innovations - Blue Yonder has enhanced its Warehouse Management System (WMS) by integrating new AI capabilities, including a Warehouse Ops Agent that provides real-time updates [8][9] - The new tools, such as Resource Orchestration and Resource Forecasting, help warehouse operators allocate resources effectively based on task priorities and conditions [10][11] - These advancements aim to improve operational efficiency and effectiveness in warehouses, addressing challenges posed by disconnected systems and reactive processes [12][13]

Core Viewpoint - Park-Ohio Holdings Corp. has declared a quarterly cash dividend of $0.125 per share, to be paid on November 28, 2025, to shareholders of record as of November 14, 2025 [1]. Company Overview - Park-Ohio is a diversified international company that provides supply chain management outsourcing services, capital equipment for production lines, and manufactured components for product assembly. The company is headquartered in Cleveland, Ohio, and operates approximately 130 manufacturing sites and supply chain logistics facilities globally, organized into three reportable segments: Supply Technologies, Assembly Components, and Engineered Products [2]. Recent Developments - Andrew C. Clarke has been appointed to Park-Ohio's Board of Directors as an independent director effective September 30, 2025. Clarke is the former Chief Financial Officer of C.H. Robinson Worldwide, Inc. [6]. - Park-Ohio will participate in the Sidoti & Company Small-Cap Virtual Conference on September 17-18, 2025, where company executives will present and hold one-on-one meetings with investors [7].

Core Viewpoint - Texxon Holding Limited successfully completed its initial public offering, raising a total of $10,925,000, including the exercise of an over-allotment option for 285,000 shares at $5.00 each, with shares trading on Nasdaq under the ticker symbol "NPT" since October 22, 2025 [1]. Company Overview - Texxon Holding Limited is a prominent provider of supply chain management services in the plastics and chemical industries in East China, aiming to create the largest one-stop platform for raw material supply chain management in China [4]. - The company offers a comprehensive range of services to small and medium-sized enterprises (SMEs) in China, including procurement, shipping and logistics, payments, and fulfillment services [4]. - Texxon utilizes a technology-enabled platform and has developed a scalable software architecture to enhance customer experience and streamline the procurement process [4]. - With over a decade of experience, the company has accumulated significant transaction data, which aids in analyzing price trends and market demands [4]. Offering Details - The registration statement for the offering was filed with the SEC and declared effective on September 30, 2025, with the offering conducted on a firm commitment basis [2]. - The final prospectus related to the offering can be obtained from D. Boral Capital LLC or via the SEC's website [2].

Core Viewpoint - Texxon Holding Limited successfully closed its initial public offering, raising US$9.5 million by offering 1,900,000 ordinary shares at US$5.00 each, with trading commencing on the Nasdaq Capital Market under the ticker symbol "NPT" [1] Group 1: Offering Details - The offering included an over-allotment option for underwriters to purchase an additional 285,000 ordinary shares at the public offering price [1] - The offering was conducted on a firm commitment basis, with D. Boral Capital LLC serving as the sole book-running manager [3] Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to the construction of a polystyrene manufacturing factory in Henan Province, China, including production lines and storage facilities [2] - Funds will also be used to update the supply chain management platform and for working capital [2] Group 3: Company Overview - Texxon Holding Limited is a leading provider of supply chain management services in the plastics and chemical industries in East China, aiming to create the largest one-stop supply chain management platform for raw materials [6] - The company utilizes a technology-enabled platform to offer a full range of services to small and medium-sized enterprises (SMEs) in China, enhancing convenience and efficiency in the procurement process [6] - With over a decade of experience, Texxon has accumulated substantial transaction data to analyze market trends and make informed decisions [6]

Core Insights - TMX Transform has partnered with Marks & Spencer (M&S) for a significant supply chain transformation project, developing one of the UK's largest automated National Distribution Centres (NDC) [1][2] - The project involves a £340 million investment, positioning the facility as M&S's primary food distribution hub, directly supplying over 200 stores and two regional distribution centres [2][4] - The facility is designed to handle thousands of live SKUs across frozen, ambient, and chilled food products, utilizing fully automated case and tray picking solutions [2][3] Company Overview - TMX Transform is an end-to-end supply chain consultancy focused on optimizing supply chains for various industries, including retail and food and beverage [5] - The consultancy has extensive global experience in complex supply chain transformations, providing tailored solutions to enhance operational efficiency and safety [4][5] Project Highlights - The NDC spans 1.3 million square feet and represents the largest investment in M&S's supply chain to date, aimed at supporting the company's growth ambitions [1][2] - The facility will operate 24/7, reflecting a shift from traditional mechanized operations to full automation, thereby improving efficiency and service delivery [3][4] - Achievements include BREEAM "Excellent" status, emphasizing sustainability through features like solar energy, electric fleet readiness, and hydrogen fuel capability [6]

Company Overview - Fastenal Company operates approximately 1,600 branch locations across 25 countries, providing a wide range of fasteners, safety products, metal cutting products, and other industrial supplies to various sectors including manufacturing, construction, and government [2][3]. - The company employs a "high-touch, high-tech" approach, focusing on local expertise, customer-facing technology, and efficient supply chain management to help customers reduce costs and risks [2]. Recent Developments - Fastenal has announced a conference call scheduled for October 13, 2025, at 9:00 a.m. central time to review its third quarter earnings and current operations [1]. - The company has launched a new high-tech distribution center in Magna, Utah, covering 298,000 square feet, aimed at enhancing operational efficiency and customer service in the region [4].

Core Insights - Inspectorio has launched a new offering that integrates business data with advanced technologies, including generative AI capabilities, to automate intelligence and streamline operations [1] - The new system, Paramo, serves as an integrated intelligence layer across the supply chain platform, focusing on quality control, risk management, product management, traceability, and lab testing [2] - Despite significant investments in enterprise GenAI, many organizations struggle to see returns due to poor integration and limited adaptability, which Paramo aims to address by enhancing flexibility and transparency in supply chains [3] Group 1: Paramo's Features - Paramo combines data from retailers and suppliers into a single reliable source, creating a powerful data hub that enhances AI-driven operations [4] - The system utilizes AI models to assist in retail decision-making through risk prediction, document processing, and an AI chat assistant, improving sourcing, compliance, and quality control [4] - Paramo employs agentic AI to automate tasks related to sourcing, compliance, quality, and traceability, actively addressing risks as they arise [5] Group 2: Industry Impact - The CEO of Inspectorio emphasized the importance of high-quality data and production chain visibility for trustworthy decision-making in a complex supplier landscape [5] - Organizations are encouraged to evolve operations by increasing agility and automation, with Paramo positioned as a solution to transform disruption into stability and growth [6] - Inspectorio's cloud-based solutions aim to digitize and interconnect supply chain processes, providing real-time visibility and intelligence for informed decision-making [6]