SCM

Collaboration set to revolutionize how customers automate financial transactions Cleo, the global leader in AI-driven supply chain orchestration solutions and provider of the Cleo Integration Cloud (CIC), today announced a strategic partnership with Manchester-based Open ECX, a cloud-native automation platform, to deliver a fully integrated solution that transforms how enterprises manage Procure-to-Pay (P2P) and Order-to-Cash (O2C) processes….

Lyric, a leading AI-powered platform transforming supply chain decision making, today announced it has raised $43.5 million in Series B funding. The round was led by global software investor Insight Partners, with participation from Primary Venture Partners, Permanent Capital Ventures, VMG Partners, PSP Growth and NewBuild Venture Capital. Lyric’s momentum continues to accelerate. Revenue has grown 500%…

The Supply Veins Co-Founder and CEO is a PenFed Foundation for Military Heroes Veteran Entrepreneur Program Alumnus Autoket, an AI-powered B2B marketplace for automotive fleet parts, today announced its comprehensive rebrand and relaunch as Supply Veins. This strategic shift reflects a broader vision to build the next generation of intelligent supply chain technology across air, land,…

Cleo’s EDI managed services offering gets a boost with intelligent categorization, analysis, and troubleshooting – resulting in improved response and resolution times Cleo, the pioneer and global leader in supply chain orchestration solutions and provider of the Cleo Integration Cloud (CIC) platform, today announced a groundbreaking advancement within its popular EDI managed services solution, Transaction Monitoring & Management…

Caspian secures a U.S. customs broker license & drawback ABI and unveils its flagship duty drawback product to help exporters reclaim billions in unclaimed duty refunds from tariffs Caspian, an AI-driven customs compliance startup automating duty drawback and trade advisory services to help businesses manage tariff impacts, today announced its public launch out of stealth,…

New capabilities within Oracle Cloud SCM help organizations streamline warehouse operations, simplify inventory transactions, and accelerate order fulfillment Oracle has added a new solution within Oracle Fusion Cloud Supply Chain and Manufacturing (SCM), part of Oracle Fusion Cloud Applications Suite, to help organizations streamline warehouse operations and enhance supply chain efficiency. Oracle Fusion Cloud Advanced Inventory Management leverages embedded…

Magentic, the AI Agent Platform that hunts and delivers savings across global manufacturing supply chains, today announced a $5.5 million funding round led by Sequoia Capital. The fundraise, with participation from The Westly Group, First Momentum Ventures, and angel investors from SAP, Airbus, McKinsey & Company, Hugging Face, Ironclad, and Rosberg Ventures, will accelerate the team’s growth….

The manufacturing supply chain management (SCM) market is poised for significant growth driven by digital technologies like AI, IoT, and cloud-based software that enable real-time tracking, predictive analytics, and automation. Globalization, just-in-time manufacturing, and omnichannel distribution heighten the demand for advanced SCM solutions. Industry giants like SAP, Oracle, and IBM lead innovations, particularly in AI-driven…