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AI Meets the Warehouse Loading Dock: Kargo Raises $42 Million
Yahoo Finance· 2025-12-23 21:46
With fresh funding rolling in, one supply chain tech company is giving warehouse operators another set of eyes on every pallet passing through their loading docks. Kargo, a developer of AI-powered, computer vision-based systems that can automate shipping and receiving processes at warehouse loading docks, has closed a $42 million Series B funding round. More from Sourcing Journal Private equity firm Avenir Growth led the round, with participation from Linse Capital, Hearst Ventures and Lightbank, and pr ...
In the Moment: Why Global Markets From Plastics to Precious Metals Are Embracing SMX's Technology
Accessnewswire· 2025-12-12 20:20
NEW YORK, NY / ACCESS Newswire / December 12, 2025 / SMX (NASDAQ:SMX) is not an overnight sensation. For years, it's been building toward the moment that the global supply chain was not yet ready to confront. The idea was simple but disruptive. Materials should not rely on paperwork, declarations, or trust to prove their identity. They should be able to show it themselves with something far more persuasive: PROOF.That idea is no longer theoretical. And the market is finally responding. Yes, its stock sur ...
B.O.S. Better Online Solutions Ltd. (BOSC) Presents at IAccess Alpha Virtual Best Ideas Winter Investment Conference 2025 Transcript
Seeking Alpha· 2025-12-09 21:47
Company Overview - B.O.S. is a leading integrator of supply chain technologies, particularly in the defense and aerospace industries, and is traded on NASDAQ under the symbol BOSC [1][2] - The company operates through three specialized divisions: robotic, RFID, and supply chain [3] Division Insights - The robotic division focuses on automating inventory processes by replacing manual labor with robotic solutions [3] - The RFID division specializes in inventory tracking and end-of-line automation, including automated sorting and packing systems [3][4] - The supply chain division integrates franchise electromechanical components into clients' products, primarily serving defense and high-tech companies [4] Growth Strategy - The engineering team collaborates closely with customers' R&D departments to ensure seamless integration of components, which generates long-term OEM revenues as products move into production [5] - The primary growth driver for the company is the number of components embedded into clients' products, making the expansion of integration capabilities a central strategy [5]
SMX Announces $111.5M Equity Purchase Agreement with Target Capital 1, LLC
Accessnewswire· 2025-12-01 14:35
Core Insights - SMX (Security Matters) PLC has entered into an equity purchase agreement with Target Capital 1, LLC to secure funding for business development opportunities [1] - A portion of the net proceeds from the agreement will be used to acquire bitcoin or another cryptocurrency, pending mutual consent, to serve as a reserve asset for SMX [1] Group 1 - The equity purchase agreement aims to provide an efficient and flexible source of funding for SMX [1] - The agreement includes provisions for the acquisition of cryptocurrency as a reserve asset [1]
SMX Is Capturing Global Attention By Turning Supply Chains Into Intelligence Networks
Accessnewswire· 2025-12-01 13:00
NEW YORK, NY / ACCESS Newswire / December 1, 2025 / Modern supply chains used to be simple. A product moved from one place to another, someone signed a form, and the system accepted that as truth. ...
BOS Continues Record Year Performance in Q3 2025, Sales Increase 16% Year-Over-Year
Globenewswire· 2025-11-25 12:30
Core Insights - BOS Better Online Solutions Ltd. has reported record-breaking performance in revenue and profitability for Q3 and the first nine months of 2025, prompting an increase in full-year financial guidance [1][3][5]. Financial Performance - Revenue for Q3 2025 increased by 15.9% to $11.4 million compared to $9.8 million in Q3 2024 [8]. - Net income for Q3 2025 rose by 17.9% to $677,000, or $0.11 per basic share, compared to $574,000, or $0.10 per basic share, in Q3 2024 [8]. - EBITDA for Q3 2025 increased by 29.5% to $920,000 compared to $710,000 in Q3 2024 [8]. - For the first nine months of 2025, revenue increased by 28.4% to $37.9 million compared to $29.6 million in the same period of 2024 [8]. - Net income for the first nine months of 2025 increased by 53.8% to $2.8 million, or $0.46 per basic share, compared to $1.8 million, or $0.32 per basic share, in the first nine months of 2024 [8]. - EBITDA for the first nine months of 2025 rose by 45.6% to $3.7 million compared to $2.5 million in the same period of 2024 [8]. Strategic Focus - The company emphasizes the strength of its Supply Chain division's focus on the defense sector and its successful global diversification strategy [3]. - BOS is confident in returning to growth in its RFID division, despite a nominal operating loss in Q3 due to logistics slowdowns, citing improving geopolitical conditions in the Middle East [4]. - The Intelligent Robotics division continues to show steady profitability improvements year-over-year, reflecting operational excellence across all business units [4]. Cash Flow and Backlog - Cash and cash equivalents reached a record level of $7.3 million as of September 30, 2025, supporting strategic growth initiatives [5]. - The contracted backlog remained strong at $24 million as of September 30, 2025, consistent with previous quarters [5]. Guidance Update - The company has raised its full-year 2025 financial guidance, now expecting revenue to be at the high end of the previous range of $45-$48 million and net income to be between $2.6 million and $3.1 million [5].
project44 achieves cash flow breakeven, 40%+ ARR growth in Q3 2025
Yahoo Finance· 2025-11-19 14:28
Core Insights - project44 achieved operational cash flow breakeven in Q3 2025 while experiencing over 40% year-over-year growth in new annual recurring revenue (ARR), indicating a strong recovery and growth trajectory post-COVID [1][3] - The company has significantly focused on intelligent automation, with 30% of its ARR now linked to its Intelligent TMS platform [2][3] - Multi-year contract bookings increased by 25% year-over-year, reflecting a deeper commitment from enterprises to project44's platform [3] Financial Performance - The operational cash flow breakeven was not solely due to revenue growth but also resulted from a strategic reduction of $118 million in operating costs and a reduction in headcount from over 1,200 to approximately 575 employees [5] - The company eliminated over $30 million of unprofitable business, particularly from logistics services providers affected by the pandemic [5] Strategic Focus - project44 has shifted from being a visibility provider to a full-stack decision intelligence suite, launching its Intelligent TMS in August 2025 [6] - The Intelligent TMS integrates various functions such as procurement, planning, execution, and visibility, utilizing agentic AI to manage complex workflows [6] Leadership Perspective - CEO Jett McCandless emphasized the company's operational financial independence and rapid scaling, highlighting the delivery of innovations that yield measurable results for customers [4]
Reelables has Series A at $10.4 million to upgrade supply chain tracking with smart labels
Yahoo Finance· 2025-11-18 20:25
Core Insights - Reelables is entering a new phase with a $10.4 million Series A funding round aimed at scaling manufacturing and enhancing engineering resources, following a year of over 200% growth [1] - The company has achieved mass production of ultra-thin, wireless labels that utilize flexible batteries, providing item-level visibility with high accuracy [2] - The new 5G label eliminates traditional tracking constraints, functioning as both a shipping label and a tracking device, thus streamlining logistics processes [3] Company Developments - Reelables is targeting a production goal of 100 million labels per year and has appointed Tom Carter as Chief Operating Officer to lead this expansion [5] - The advanced manufacturing process of the smart labels is designed to offer scalable and cost-effective tracking solutions, enhancing real-time supply chain visibility for customers [6]
Textron Aviation Enhances Parts Shipment Visibility With Sensos Smart Labels Technology
Businesswire· 2025-10-10 17:00
Core Insights - Textron Aviation Inc. has integrated Sensos Smart Labels into its parts distribution process, enhancing visibility and real-time tracking for customers [1][2] - This initiative is part of Textron Aviation's ongoing investment in digital tools and customer support innovation, aimed at improving transparency and streamlining maintenance planning [1][2] Company Overview - Textron Aviation offers a global parts distribution network with seven distribution centers and 17 stockrooms, providing over 150,000 unique part numbers [3] - The company has a dedicated team of more than 600 professionals to support customer needs worldwide [3] - Textron Aviation is known for its comprehensive aviation product portfolio, including business jets, turboprops, and military trainer products, serving customers in over 170 countries [5] Sensos Overview - Sensos is a leader in AI-powered supply chain visibility and tracking solutions, providing real-time location updates and predictive insights [4] - The Sensos Smart Labels are lightweight, wireless trackers that enhance proactive planning and reduce downtime for customers [2][4]
神州控股科捷发布供应链智能体“小金”,破解企业AI应用“最后一公里”难题
智通财经网· 2025-09-23 08:48
Core Insights - The launch of the supply chain intelligent agent "Xiao Jin" by KJ Technology aims to address the pain points of enterprise-level applications of general large models, focusing on enhancing efficiency across the entire supply chain process [1][3][11] - "Xiao Jin" is part of Shenzhou Holdings' strategy to elevate its "Data x AI" approach, leveraging the "Yanyun Infinity" platform to empower core business scenarios in supply chain management [1][5] Group 1: AI Application Challenges - A report by MIT indicates that while 90% of employees frequently use general large models, only 5% of enterprises achieve quantifiable business returns, with 95% of investments yielding no results, a phenomenon termed "shadow AI" [3][10] - The disconnect between general large models and actual business needs is identified as a core issue, as these models fail to convert insights into actionable solutions [3][5] Group 2: Features of "Xiao Jin" - "Xiao Jin" is designed with a "3+N" architecture, which includes three core intelligent agents that address common enterprise needs: a data assistant, a decision assistant, and a customer assistant, significantly improving efficiency in data queries and decision-making processes [6][10] - The intelligent agents can enhance data query efficiency by 90%, improve decision analysis efficiency by 70%, and reduce customer service workload by 50% [6][8] Group 3: Future Development and Commercialization - KJ Technology plans to implement a pilot program for "Xiao Jin" in 2025, targeting benchmark clients in retail, 3C, and fast-moving consumer goods sectors, with a focus on providing customized AI services [10][12] - The company aims to build a large-scale cluster of vertical intelligent agents covering various supply chain scenarios, transforming traditional processes into AI-driven operations [9][10] Group 4: Industry Impact - The global generative AI market is projected to reach $10 trillion, highlighting the urgent demand for intelligent transformation across industries, particularly in supply chain management [10][12] - The introduction of "Xiao Jin" is expected to shift the supply chain from a reactive to a proactive model, enabling smarter inventory management and operational efficiency [12]