Latest news with #SCM
Techday NZ
4 days ago
- Business
- Techday NZ
Oracle adds AI-driven inventory management to cloud SCM suite
Oracle has announced the introduction of Advanced Inventory Management within its Oracle Fusion Cloud Supply Chain and Manufacturing (SCM) suite to help organisations manage warehouse operations, inventory tasks, and order fulfilment with the assistance of embedded AI capabilities. The new solution, referred to as Oracle Fusion Cloud Advanced Inventory Management, is intended for sectors such as healthcare and manufacturing, where there is a requirement for intelligent inventory control without the extensive features and complexity associated with comprehensive warehouse management systems. Advanced Inventory Management is delivered as a component of Oracle Fusion Cloud Inventory Management. The company states it enables organisations to more efficiently oversee tasks, streamline transactions, speed up fulfilment cycles, and enhance warehouse operations. The product incorporates several new features with a focus on automating and optimising inventory processes by utilising artificial intelligence and real-time analytics. Srini Rajagopal, Vice President, Logistics Product Strategy at Oracle, commented on the issues faced by companies using manual and older inventory systems: "Organisations that rely on outdated and manual inventory processes struggle to keep pace with evolving supply chain demands, contributing to errors, higher inventory costs, and delayed fulfilment. Oracle Advanced Inventory Management is designed for healthcare, manufacturing, and distribution organizations that need more than simple inventory transaction execution, but do not require the complexity of a full-scale warehouse management system. It enables these organizations to automate and streamline operations and drive greater efficiency," said Srini Rajagopal, vice president, logistics product strategy, Oracle. Core features of Oracle Advanced Inventory Management include streamlined task assignment and execution, which aims to reduce duplication and speed up the completion of tasks by delegating pick slips, periodic automatic replenishment (PAR) counts, cycle counts, physical counts, and deliveries to the correct staff members. The solution also incorporates simplified inventory transactions. This feature allows the use of license plate numbers to process receiving, shipping, transfers, and counting, with inventory levels updated in real time, all managed from within Oracle Inventory Management. To support timely order fulfilment and minimise handling, real-time cross-docking alerts notify warehouse staff about opportunities to meet pending demand without placing goods in storage. By grouping shipments based on load numbers, the product supports shipment consolidation, which can lower transportation expenditures by allowing multiple orders to be delivered in a single container or truck. The system offers suggested put-away locations to warehouse staff, an aspect intended to streamline storage decisions and maximise use of available space. The new capabilities include AI-driven inventory automation, designed to further increase operating efficiency by optimising stock levels, prompting replenishment actions, and automating standard inventory tasks through the use of Oracle's embedded AI features. Oracle states that its Inventory Management, Advanced Inventory Management, and Warehouse Management modules collectively form a complete set of solutions supporting organisations at every level of inventory management requirement. This includes environments ranging from basic stockroom operations and manufacturing assembly lines to more complex external warehouse and distribution centre processes. Oracle Cloud SCM enables customers to create continuity throughout their supply chain procedures and adapt promptly to fluctuations in demand, supply, or market environment. Embedded AI in these products acts as an assistant that analyses operational data, generates relevant content, and augments or automates tasks to support improved business outcomes and strengthen the resilience of supply networks.
Cision Canada
6 days ago
- Business
- Cision Canada
EDXM International's New Perpetual Futures Platform Goes Live
Virtu Financial, LTP, Hidden Road Partners, DV Chain, CoinRoutes, and Amber Group included in partner ecosystem to provide deep liquidity and competitive pricing to institutional market participants at launch SINGAPORE, July 22, 2025 /CNW/ -- EDXM International today announced that its new perpetual futures exchange is now live. The exchange is purpose-built for institutional traders pursuing capital-efficient crypto strategies and deep liquidity. EDXM International clients can now trade perpetual futures contracts across 44 trading pairs, including Bitcoin, Ethereum, Solana and XRP. Backed by many of the world's leading financial institutions and venture capital firms, EDXM International equips institutional traders and other market participants with high-performance infrastructure designed to minimize collateral requirements. Its perpetual futures trading venue leverages the latest technology to improve trade execution using the company's in-house, proprietary matching engine to further low-latency digital assets trading. In addition to better trade execution, EDXM International's pricing consistently outperforms incumbent crypto exchanges, with the cost to trade better or on par with global Tier 1 exchanges. EDXM International also features Smart Collateral Management ("SCM"), an innovative solution for liquidity providers to quote on multiple markets in the most capital-efficient way possible without compromising risk exposure on the venue. SCM is unique and EDX International is the first crypto venue to offer this kind of solution. "This launch represents a major milestone in shaping a more efficient and accessible digital assets ecosystem for the industry," said Kal Chan, Managing Director, EDXM International. "We're addressing long-standing barriers to institutional participation by reducing collateral requirements and offering deep, consistent liquidity. There is significant pent-up demand for digital assets in the region, and our perpetual futures platform marks just the beginning of our commitment to building the robust market infrastructure that institutions need to trade with confidence." The new venue is supported by an integrated network of top-tier liquidity providers, prime brokerage and OEMS partners, including Amber Group, CoinRoutes, DV Chain, Hidden Road Partners, LTP, and Virtu Financial. These institutional partners play a critical role in setting up a solid market foundation, contributing liquidity and supporting overall trading activity and platform efficiency. "Virtu's focus has always been on providing transparent, deep liquidity across asset classes, and we're pleased to support EDXM International's new platform as it enhances institutional access to digital assets," said Brett Fairclough, co-president and co-chief operating officer at Virtu Financial. "EDXM International's innovative use of smart collateral management sets a new standard for capital efficiency in crypto." "EDXM International's venue aligns with our mission to deliver integrated, full-service prime brokerage solutions for the digital asset ecosystem," said Jack Yang, Founder and CEO at LTP. "We're pleased to be among the first to go live, where we will enhance market activity and drive essential liquidity for institutional clients who demand transparent, secure, and sophisticated access to digital assets. "With institutional demand for sophisticated, secure digital asset trading products continuing to grow, the launch of EDXM International's perpetual futures exchange represents an advancement in market infrastructure," said Michael Higgins, International CEO and Global Head of Corporate Development for Hidden Road. "Our modern prime brokerage platform is purpose-built to provide market participants with the tools and support required for efficient, institutional-grade access to digital assets, and we look forward to servicing EDXM International and Hidden Road's joint clients as they engage with the venue." "As a leading global market maker, we see the launch of perps on EDXM International as a meaningful step forward in market maturity," said Michael Herman, Head of APAC at DV Chain. "We're proud to support this next phase and remain committed to advancing liquidity, accessibility, and institutional-grade infrastructure in digital assets." "We're proud to support the launch of EDXM International's perpetual futures platform, which reflects the next evolution of institutional digital asset trading. At CoinRoutes, we believe in empowering clients with faster, and cheaper execution, and EDXM's infrastructure aligns seamlessly with our mission," said Ian Weisberger CEO of CoinRoutes. "We're excited to support EDXM International's launch as it brings a new level of performance and reliability to digital asset trading," said Luke Li, Co-Founder and Head of Markets at Amber Group. "Its institutional-grade infrastructure and focus on capital efficiency resonate strongly with our mission to help shape a more mature and accessible market for institutional participants globally." About EDXM International EDXM International is a fast-growing digital asset trading venue for institutional clients that leverages best practices from traditional financial markets on a purpose-built crypto platform. EDXM International's robust liquidity environment, modern technology and nonconflicted business model are designed to meet the needs of both crypto-native firms and the world's largest financial institutions. EDXM International is a subsidiary of EDX Markets Holding Company Inc. About EDX EDX is a digital asset technology firm that combines an institution-only trading venue with a central clearinghouse. EDX Markets, our flagship marketplace, is designed to emulate the world's most sophisticated exchanges, with deep liquidity, firm prices and low trading costs. EDX has structured its business to minimize risk for its members while providing a diverse array of operational and capital efficiencies. Backed by some of the world's leading trading and venture capital firms, EDX is actively developing new features and expanding its geographic presence to deliver trusted, liquid and efficient crypto trading experiences for all institutions. To learn more, visit Media Contact Disclaimer: EDXM International is not regulated by MAS and is different from the exempted entity EDXM Global Pte. Ltd. EDXM International's products and services are not available for persons or entities in US, EU and UK and any marketing done is not directed at persons or entities based in US, EU and UK.
Time of India
18-07-2025
- Politics
- Time of India
Senior Maoists quit after 4 decades: Couple with Rs 20L bounty surrenders before Rachakonda police; man was key associate of Gaddar
HYDERABAD: A couple who spent four decades as Maoists, and carried a reward of 20 lakh each, surrendered before the Rachakonda police on Thursday. Both were state committee members of Dandakaranya Special Zonal Committee (DKSZC) in Chhattisgarh. Mala Sanjeev, also known as Lengu Dada, hails from Yapral in Medchal-Malkajgiri district. He was a state committee member (SCM) and a member of Chaitanya Natya Manch (CNM) secretariat in DKSZC. His wife, Perugula Parvathi, also known as Deen, was an SCM and a member of CNM's cultural sub-committee. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Announcing the surrender, Rachakonda commissioner of police Sudheer Babu said that Sanjeev was a key associate of the late Gaddar. "In 1980, Sanjeev joined the Jana Natya Mandali (JNM) of the Communist Party of India (ML) People's War under Gaddar's leadership and worked for it until 1986. He collaborated with members such as Dappu Ramesh, Daya, Vidya and Divakar to conduct various cultural programmes across 16 states in the country, spreading the ideology of the CPI (ML) People's War." In 1982, Sanjeev married Panjala Saroj, who died in a shootout in Alipur, Mulugu district. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Drink 1 Cup Every Morning – See What Happens A Week Later! Health Insight Undo In 1996, he joined the armed wing of the People's War Group, working as a divisional committee member. "He later worked in Eturunagaram, Pandava and Mahadevpur dalams. In 2001, he was promoted to state committee member and worked under the North Telangana Special Zonal Committee. In 2003, he was transferred to the Dandakaranya committee, where he was in-charge of CNM. It was there that he married Perugula Parvathi and they both became involved in cultural programmes," said Sudheer.
Business Upturn
18-07-2025
- Business
- Business Upturn
Majestic Ideal Holdings Limited Announces Pricing of Initial Public Offering and Listing on Nasdaq
NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) — Majestic Ideal Holdings Limited (Nasdaq: MJID) (the 'Company'), a provider of SCM services in the apparel industry delivering one-stop solution, today announced the pricing of its initial public offering (the 'Offering') of 2,500,000 ordinary shares (the 'Ordinary Shares') on July 17, 2025, at a price of $6.00 per Ordinary Share. The Ordinary Shares are expected to begin trading on the Nasdaq Capital Market on July 18, 2025 under the symbol 'MJID.' The Offering is expected to close on July 21, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds to procure raw materials used in textile and garment manufacturing, to broaden the customer base and develop new customers, to enhance efficiency and SCM service capabilities, to explore and introduce eco-friendly and sustainable raw materials and to broaden the sourcing chain and to fund general working capital needs. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 375,000 Ordinary Shares of the Company, at the Offering price, less underwriting discounts. Craft Capital Management, LLC and WestPark Capital, Inc. are the representatives of the underwriters (the 'Underwriters') for the Offering. Loeb & Loeb LLP is acting as U.S. legal counsel to the Company and Haneberg Hurlbert PLC is acting as legal counsel to the Underwriters for the Offering. The Offering is being conducted pursuant to the Company's Registration Statement on Form F-1 (File No. 333- 282499) previously filed with, and subsequently declared effective by the U.S. Securities and Exchange Commission (the 'SEC') on June 30, 2025. The Offering is being made only by means of a prospectus. Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. You may get these documents for free by visiting EDGAR on the SEC Web site at This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, and no sale of these securities may be made in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. FORWARD-LOOKING STATEMENTS Certain statements contained in this press release are 'forward-looking statements' made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the Company's current expectations or beliefs concerning future events and actual events may differ materially from current expectations. Any such forward-looking statements are subject to various risks and uncertainties, including the strength of the economy, changes to the market for securities, political or financial instability and other factors which are set forth in the Company's Registration Statement on Form F-1 (File No. 333-282499), as amended, and in all filings with the SEC made by the Company subsequent to the filing thereof. The Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. About Majestic Ideal Holdings Limited Majestic Ideal Holdings Limited is a provider of SCM services in the apparel industry delivering one-stop solution to its customers for a broad range of yarn products, textiles and finished garments. The company's service offerings encompass every key aspect of the supply chain of these products: market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management. Through its integrated capabilities, the company provides end-to-end supply chain solutions that are tailored to meet its customers' unique needs. Contacts Majestic Ideal Holdings Limited Investor Relations Contact: Majestic Ideal Holdings Limited 22/F, China United Plaza,1008, Tai Nan West Street,Cheung Sha Wan, Kowloon, Hong Kong(+852) 3915 2600 Email: [email protected]
Business Upturn
17-07-2025
- Business
- Business Upturn
Sectigo Expands APAC Leadership as Industry Prepares for 47-Day SSL/TLS Certificates
By Business Wire India Published on July 17, 2025, 11:20 IST Business Wire India Sectigo, a global leader in digital certificates and automated Certificate Lifecycle Management (CLM), today announced a major expansion of its Asia-Pacific (APAC) leadership team to meet growing demand for enterprise-grade certificate management. The move comes as the industry accelerates toward 47-day SSL/TLS certificate lifespans and prepares for a post-quantum future. Ray Garnie has been appointed to the role of vice president of sales to lead Sectigo's APAC expansion, bringing over 15 years of experience in the technology and cybersecurity sectors. Throughout his career, Garnie has driven substantial business growth in the region, including spearheading sales strategies that generated $150 million in revenue. Garnie's expertise in aligning sales initiatives with innovative digital trust solutions positions him to effectively guide Sectigo's enterprise and partner sales efforts. His leadership will be instrumental as organizations seek robust, scalable CLM solutions like Sectigo Certificate Manager (SCM) to address the operational challenges posed by shortened certificate validity periods. 'With the industry's move to 47-day certificates now a reality, enterprises across APAC are seeking comprehensive solutions to automate and secure their digital identities,' said Garnie. 'As an industry leader, Sectigo is committed to empowering organizations in the region with best-in-class, CA-agnostic Certificate Lifecycle Management and local expertise. I look forward to getting started and leading this exceptionally talented team with over 55 years of combined experience in the PKI industry.' Joining Garnie in this strategic expansion: Sarabjeet Khurana will oversee operations and growth initiatives in India and the ASEAN region. Khurana brings over 30 years of experience in IT and cybersecurity, with a deep understanding of enterprise security, digital identity, and go-to-market strategies across India and Southeast Asia. As regional director, sales, India at Sectigo, Khurana will be dedicated to helping organizations build digital trust, secure identities, and navigate complex transformation journeys in one of the world's fastest-growing digital markets. Ryan Philp has been appointed to the position of regional sales director, Australia and New Zealand (ANZ) at Sectigo, where he will manage the ANZ region. Philp is a strategic leader with over 18 years of international B2B sales experience, specializing in SaaS, change management, and turnaround scenarios. He has successfully led sales teams across both EMEA and APAC regions, utilizing direct, channel, and hybrid go-to-market strategies to drive results. Gabriel Chan has been named Sectigo's APAC solutions engineer and will provide technical leadership and support for enterprise customers navigating the evolving digital trust landscape. Chan has a strong technical foundation and a passion for solving real-world security challenges in the PKI space. With hands-on experience in enterprise software, APIs, and infrastructure, his ability to translate complex technologies into practical business solutions has made him a trusted advisor to clients. Chan strives to make a meaningful impact by empowering organizations to build secure, scalable, and future-ready digital ecosystems. 'We're strategically investing in the APAC region to bring our world-class PKI solutions to a market that has long been underserved,' said Jairo Fraile, vice president of global partner sales at Sectigo. 'Until now, organizations in the region had limited options. With this expansion, we're giving customers and partners a stronger, more capable Certificate Lifecycle Management alternative backed by a proven team and trusted technology. As certificate lifespans shrink to 47 days, Sectigo is uniquely positioned to help enterprises in APAC modernize certificate management and strengthen digital trust.' Stay tuned for upcoming announcements that will further strengthen Sectigo's presence and offerings across APAC and visit today to learn how to prepare your organization for shorter SSL/TLS certificates. About Sectigo Sectigo is the most innovative provider of certificate lifecycle management (CLM), delivering comprehensive solutions that secure human and machine identities for the world's largest brands. Sectigo's automated, cloud-native CLM platform issues and manages digital certificates across all certificate authorities (CAs) to simplify and improve security protocols within the enterprise. Sectigo is one of the largest, longest standing, and most reputable CAs with more than 700,000 customers, six combined active seats in the CA/Browser Forum and ETSI, and two decades of delivering unparalleled digital trust. For more information, visit or follow us on LinkedIn. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash Business Wire India, established in 2002, India's premier media distribution company ensures guaranteed media coverage through its network of 30+ cities and top news agencies.
