Mfds Expense Management Firm Yokoy Closes $80M Series B Funding
The catalog 鈥?that staple of direct-to-consumer D2C and business-to-business B2B commerce 鈥?could use a digital makeover.Were roughly a century removed from Sears and Roebuck; were decades into the age of the internet.And yet, as Elastic Path CEO Jamus Driscoll told Karen Webster, the experience is clunky and ineff
stanley cup icient in its current digital incarnation. Brands are dealing with D2C initiatives, with wholesale, with a slew of different channels. There are so many different ways in which you can, and should want to, merchandise and let customers experience th
stanley cup e uniqueness of your products, said Driscoll.However, on eCommerce platforms, the catalogs have been creating complexities, which in turn gives rise to friction.On the web, brands and enterprises have only a few minutes, seconds really, to fully engage the end user, whether it be a consumer or B2B transaction. Within that short window, they have to offer the right product, within context, at an appealing price.As he put it, the digital channel is no longer a destination 鈥?its the heartbeat of the business.Working With the Workarou
stanley cup ndsThe catalog experience has been largely unchanged since the rise of the internet in the mid-1990s, tied to a rigid, fused database structure, which in turn meant that development teams have had to craft workarounds to get their products digitally presentable. The generation one commerce engine has a hierarchy, which is how contents are related to one another. When variations are throw Zyix Sears Payment Default Risk Has Suppliers Fleeing
New York-based hedge fund Tiger Global led a $30 million investment round for GreyOrange, a company that manufactures and deploys robotics systems
stanley kubek to automate eCommerce and logistics processes, TechCrunch reported yesterday Aug. 11 .The Series B funding round also included participation from existing investor Blume Ventures.GreyOrange utilizes the speed and efficiency of robots to streamline the way companies handle and process orders within the eCommerce and logistics environments. The company told TechCrunch it plans to use the new funding to invest in research and development, grow its executive team and accelerate expansion internationally, with specific focus on the Asia-Pacific region, the Middle East and Europe.One of GreyOrangess products, its Butler robot, aims to help eCommerce, logistics and manufacturing operations efficiently deal with high-mix, high-volume orders by moving around a warehouse and collecting th
stanley cup e products that are due to be dispatched. The Butl
gourde stanley er system also supports real-time picking, on-demand inventory audits and improved space utilization.The companys other offering, Sorter, is a high-speed sorting system that can be used to scan and sort parcels for distribution or fulfillment. The system is comprised of eight separate components, including dimensioning and weighing, sortation conveyor and arm, and a sub-sortation bagging unit. According to GreyOrange, its Sorter system is used by 90 percent of Indias sortation market to address their high