Latest news with #SPI
Cision Canada
a day ago
- Business
- Cision Canada
TraceLink Accelerates Supply Chain Transformation with New OPUS Platform Capabilities for an AI-Powered Future
BOSTON, Aug. 14, 2025 /CNW/ -- TraceLink, the largest end-to-end digital network platform for intelligent orchestration of the life sciences and healthcare supply chain, today announced significant new platform enhancements to drive supply chain transformation with its Orchestration Platform for Universal Solutions (OPUS). The new capabilities are designed to empower supply chain, finance, commercial, and IT leaders to master today's supply chain complexities and prepare for an agentic-first future. The platform and product releases—spanning OPUS, Multienterprise Information Network Tower (MINT), Process Orchestration for Empowered Teams (POET), and Serialized Product Intelligence (SPI)—each play a distinct role in enabling transformation: OPUS: Enables the design, deployment, and scaling of orchestration solutions across the supply chain, driving process consistency and automation. MINT: Links partners and automates multienterprise supply chain transactions, eliminating silos and improving real-time collaboration. POET: Empowers cross-functional teams to execute shared workflows with greater speed, visibility, and accountability. SPI: Ensures data accuracy and real-time visibility into serialized product events, reducing compliance risk and improving inventory decisions. Individually, they drive change. Together, they empower companies to digitalize and orchestrate critical business processes end-to-end, slashing operational costs, ensuring seamless regulatory compliance, and unlocking new commercial opportunities through new market and customer network expansion. "Our mission is to build the digital foundation for the intelligent and agentic supply chains of the future," said Shabbir Dahod, President and CEO of TraceLink. "These OPUS platform enhancements, developed in close collaboration with hundreds of our customers, are a massive step forward. We are delivering the orchestration tools our customers need to win today, while simultaneously laying the groundwork for agentic AI to intelligently sense, respond, and adapt to supply chain dynamics in real time. This is how true productivity, agility, and next-level performance will be achieved." Deepening the Foundation for Supply Chain Transformation In today's volatile business environment, siloed data and disjointed partners fuel inefficiencies, stockouts, delayed revenue, and compliance risks. TraceLink addresses these challenges at the root with its unique B2N Integrate-Once™ model, enabling companies of any size or digital maturity to collaborate on a shared digital network. Building on this foundation, the latest platform enhancements deliver powerful new capabilities—each offering targeted innovations, yet designed to work in concert across the OPUS platform to maximize value. Launch of OPUS Link Lab, a free innovation lab and testing environment for no-code solutions built on OPUS that dramatically accelerates time-to-value for solution partners solving unique business process challenges. Simulate multienterprise workflows, test data flows across partner networks, validate orchestration logic in a secure design environment, and add new orchestration solutions to the OPUS Marketplace catalog for use by customers and their trading partners. Enhanced OPUS Reports and Dashboards with deeper drill-down capabilities and support for multiple child object handling in report development. Expanded End-to-End Process Coverage: MINT now orchestrates a wider range of critical transaction types across the value chain: Commerce: New capabilities for chargeback reconciliation to reduce revenue leakage and enhanced collaboration on demand forecasts to improve product availability. External Manufacturing: Deeper integration with contract partners through new transactions for planned orders, process orders, and batch closure, improving production visibility and control. Logistics and Transportation: New transactions for logistics planning and transportation status, including article master data, carrier shipment status, routing, and carrier information to streamline and track shipments with partners. Accelerated Insights: Addition of over 20 predefined reports and dashboards to provide immediate, actionable intelligence across order-to-cash, procure-to-pay, and inventory management processes. Improved Operational Flexibility: New capabilities to download exchanged files via UI and exchange transactions as email attachments improve agility for customers and trading partners participating in orchestration networks. Process Orchestration for Empowered Teams (POET) Launch of POET for DSCSA Compliance Exceptions: The industry's only solution for structured, automated, and collaborative resolution of DSCSA exceptions among teams distributed across different enterprises. The solution digitalizes the HDA Exceptions Guideline process, including the ability to auto-create exceptions identified by TraceLink's Serialized Operations Manager (SOM) solution and initiate email transactions between trading partners following the Guideline standards, enabling trading partners to resolve issues like verification failures or missing EPCIS data up to 80% faster, protecting revenue and ensuring compliance. Serialized Product Intelligence (SPI) Enhanced Inventory Reconciliation: Additional data fields added to the reconcile lots and serial number events reports help ensure accuracy between physical inventory and serialized data. Increased Real-Time Inventory Visibility: Reports now include available quantity data to help avoid using decommissioned or non-saleable products. While each solution delivers powerful new capabilities on its own, their true strength lies in how they work together—each one amplifying the value of the others. Real-World Results: How Customers Are Transforming with TraceLink TraceLink customers are achieving transformative results by harnessing the power of end-to-end supply chain solutions that work seamlessly together: A leading U.S.-based healthcare system with over $500 million in annual pharmacy spend is targeting millions in savings through full procure-to-pay digitalization. A leading European pharmaceutical company is working to reduce stockout-related losses by over 50%, improving product availability and patient service levels. A leading European CMO/CPO established a single integration linking 100% of its MAH customers, working to improve OTIF and production visibility. TraceLink will showcase these innovations and specific scenarios of transformation of supply chain performance at upcoming events, including the Life Sciences & Healthcare Leaders Seminar: Maximizing Revenue and Service Using Digital Commerce Networks in New Jersey (September 2025), and at FutureLink Barcelona (October 2025) where TraceLink will unveil early innovations around agentic orchestration. To explore the full scope of TraceLink's platform and product innovations and see how these capabilities are driving real-world transformation, please visit About TraceLink TraceLink Inc. is the largest end-to-end intelligent supply chain platform for life sciences and healthcare, enabling end-to-end orchestration by connecting more than 291,000 healthcare and life sciences entities through its B2N Integrate-Once™ network. Leading businesses trust TraceLink to deliver complete global connectivity, visibility, and traceability of healthcare products, ensuring that every patient gets the medicines they need when needed, safely and securely. SOURCE Tracelink, Inc.
Daily Express
4 days ago
- Politics
- Daily Express
Education Ministry denies shielding anyone in bullying cases
Published on: Monday, August 11, 2025 Published on: Mon, Aug 11, 2025 By: Malay Mail Text Size: Pic by Bernama KUALA LUMPUR: The Ministry of Education (MOE) has reiterated that it will not compromise on any matter related to bullying in schools. Deputy Education Minister Wong Kah Woh ( pic ) said the ministry has never sought to shield any party involved in such incidents, contrary to certain allegations. Advertisement 'The ministry will not compromise on any matter related to bullying. Secondly, MOE will not and has never attempted to protect anyone involved, as alleged,' he told the Dewan Rakyat today. He was responding to a supplementary question from Semporna MP Tan Sri Shafie Apdal, who referred to the ongoing bullying case involving Zara Qairina and asked what measures were being taken to protect students and ensure justice. Shafie also stressed that law enforcement must not protect any party involved, regardless of their identity. Wong said the ministry has always been ready to cooperate fully with police in assisting investigations at all levels. Advertisement He added that the ministry has established guidelines and circulars (SPI) to address disciplinary issues and bullying in schools, which are enforced and updated periodically to strengthen preventive measures. Zara, 13, reportedly fell from the third floor of her school dormitory in Papar on July 16 and was pronounced dead the following day, amid widespread public concern over allegations that her death may have involved school bullying and a cover-up. The exhumation of her remains at the Tanjung Ubi Muslim Cemetery in Kampung Mesapol, Sipitang, was completed at 7.15pm on Saturday. They were later sent to Queen Elizabeth Hospital (QEH) for a post-mortem scheduled the following morning. - Malay Mail * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Hindustan Times
5 days ago
- Politics
- Hindustan Times
How India should engage with global indices
One of the key contributions of NITI Aayog has been the development of a range of performance indices — covering innovation, water management, fiscal health, poverty and others — that facilitate cross-state comparisons. These tools have spurred healthy competition among states and helped shape policies, direct investments, and target development assistance. They've also supported greater transparency and accountability in governance. Villagers discuss air pollution in their village in Hasaka countryside, Syria, July 20, 2025. REUTERS/Orhan Qereman(REUTERS) On the global stage, several international indices — including the Human Development Index (HDI), Social Progress Index (SPI), Global Nutrition Report, World Governance Indicators (WGI), and Corruption Perceptions Index (CPI) — serve a similar purpose. When grounded in objective, measurable data, such indices offer valuable insights. However, when they rely on subjective assessments or perceptions, they risk becoming biased or agenda-driven, and countries in the Global South are often at the receiving end. Over the past decade, India has witnessed a decline in several international rankings, particularly in perception-based indices related to democracy, press freedom, and civil liberties. In early 2021 the government formed a committee of secretaries to monitor and review the measures taken across ministries at improving India's performance on key global benchmarks. In November 2022, Economic Advisory Council to the Prime Minister (EAC-PM) released a report examining the reasons behind India's low rankings in three opinion-based indices: Freedom in the World, the EIU Democracy Index, and the Varieties of Democracy project. By April 2025, media reports indicated that the government was reviewing the methodologies of 28 global indices — including those assessing democracy and hunger — over concerns about flawed assessments. Particular attention was being paid to sample sizes and modelling techniques used for cross-country comparisons. A recurring issue in these indices is their reliance on the opinions of a small group of unnamed experts. For example, the Democracy Index has ranked India at 104, while other countries with questionable recent democratic records have fared significantly better — raising questions about the consistency and contextual understanding of these rankings. Similarly, India was once ranked below Afghanistan in the Press Freedom Index — a finding that many critics viewed as absurd, given the ground realities in both nations. Example of another questionable parameter used by some indices is the extent of direct popular voting. Since India does not have referendums or plebiscites — a feature more common in smaller nations- it receives a low score. Applying such metrics uniformly across vastly different political systems can lead to misleading conclusions, especially when countries like Belarus or Afghanistan appear more democratic on certain isolated parameters than India or the US. In a related development, a Reuters article recently questioned the credibility of India's official unemployment data, citing a perception-based survey of around 50 anonymous economists. The government's pushback focused on the lack of methodological transparency and the potential for bias in interpreting complex economic data through limited, subjective input. While it's tempting to dismiss these rankings as niche academic exercises, their real-world implications are significant. Perception-based indices feed into broader tools like the World Governance Indicators (WGI), which, in turn, influence sovereign credit ratings. Moreover, with Environmental, Social, and Governance (ESG) metrics gaining traction in global finance and Artificial Intelligence (AI) systems increasingly trained on these datasets, uncritical adoption of flawed indices could entrench systemic biases. Looking ahead, it is vital for the government to actively engage with institutions that compile global indices and demand the updation of their processes and contextualisation of the parameters. For example, India could encourage the World Bank to demand greater transparency and accountability from think tanks contributing to the WGI. Constructive dialogue — rather than outright dismissal — is key to ensuring fairer evaluations. At the same time, public and private institutions in India — including think tanks and academic bodies — must play a more proactive role. They should develop their own metrics, deepen regional research collaborations, and present alternative frameworks grounded in local realities. A recent milestone in this direction was the October 2024 launch of sovereign credit ratings by CareEdge Global, the first Indian agency to assess global economies. This initiative is a welcome step toward enhancing transparency and offering diverse perspectives in global assessments. Ultimately, shaping global narratives requires more than critique — it calls for credible alternatives. Both the government and civil society must invest in building India's intellectual and analytical capacity to ensure that our story is told with accuracy, fairness, and nuance. The article is authored by Priyal Bhardwaj, founder, Sangini Saheli and general secretary, women's wing, BJP, New Delhi.
Express Tribune
6 days ago
- Business
- Express Tribune
Food prices push inflation to 1.73% YoY
Listen to article The Sensitive Price Indicator (SPI) for the week ended August 7, 2025 recorded an increase of 1.73% year-on-year (YoY) and 0.05% week-on-week (WoW), according to data released by the Pakistan Bureau of Statistics (PBS). The SPI, which monitors the price movement of 51 essential commodities in 50 markets across 17 cities, is a key gauge of short-term inflationary trends. During the week under review, prices of 12 items (23.53%) increased, 12 items decreased and 27 items (52.94%) remained unchanged. On a weekly basis, the major price increase was observed in onions (+16.53%), tomatoes (+10.17%), chicken (+4.12%), eggs (+1.32%), diesel (+0.52%), pulse masoor (+0.34%), prepared tea (+0.31%), mustard oil (+0.20%), cigarettes (+0.12%), firewood (+0.08%) and fresh milk (+0.05%). Analysts attribute the sharp rise in onion and tomato prices to seasonal supply constraints and higher transportation costs. Conversely, a notable decline was recorded in prices of liquefied petroleum gas (LPG, -3.21%), petrol (-2.75%), bananas (-1.56%), pulse moong (-1.09%), pulse mash (-1.07%), potatoes (-0.44%), sugar (-0.37%), garlic (-0.36%), broken Basmati rice (-0.28%) and wheat flour (-0.24%). The drop in fuel prices provided some relief to consumers, although it was offset by rising food costs in other categories. From the consumption group perspective, the WoW change was most pronounced for the lowest income quintile (Q1), where the SPI rose 0.30%, followed by Q2 (+0.26%), Q3 (+0.19%) and Q4 (+0.14%). The highest income group (Q5) saw a slight decline of 0.06%, indicating that lower-income households bore the brunt of recent price increases. On an annual basis, the 1.73% YoY rise in the SPI was driven by a significant increase in prices of ladies' sandals (+55.62%), gas charges for Q1 (+29.85%), sugar (+21.75%), beef (+14.15%), 2.5kg vegetable ghee (+12.20%), pulse moong (+12.09%), 1kg vegetable ghee (+11.58%), firewood (+11.22%), gur (+10.94%), cooked beef (+9.31%), bananas (+9.29%) and printed lawn (+7.32%). In contrast, a steep annual decline was noted in onions (-55.34%), garlic (-26.43%), pulse mash (-22.99%), wheat flour (-22.01%), tomatoes (-21.42%), Lipton tea (-17.93%), potatoes (-16.91%), electricity charges for Q1 (-10.02%), pulse gram (-9.87%) and LPG (-5.68%). Economists say the mixed price movement highlights the interplay between seasonal supply cycles, fuel price fluctuations and base effects from last year's elevated prices. While fuel price cuts have helped ease broader inflationary pressures, persistent food price volatility — particularly in perishable items — continues to affect household budgets, especially for lower-income groups.
Business Recorder
7 days ago
- Business
- Business Recorder
SPI-based inflation up 0.05pc WoW
ISLAMABAD: The Sensitive Price Index (SPI)-based inflation witnessed nominal increase of 0.05 percent for the week ended August 7, 2025 compared to 0.35 percent in the previous week. Major increase is observed in the prices of onions 16.53 percent, tomatoes 10.17 percent, chicken 4.12 percent, eggs 1.32 percent, diesel 0.52 percent, masoor 0.34 percent, tea prepared 0.31 percent, mustard oil 0.20 percent, cigarettes 0.12 percent, firewood 0.08 percent, and fresh milk 0.05 percent. On the other hand, major decrease is observed in the prices of LPG 3.21 percent, petrol 2.75 percent, bananas 1.56 percent, moong 1.09 percent, maash 1.07 percent, potatoes 0.44 percent, sugar 0.37 percent, garlic 0.36 percent, rice basmati, broken rice 0.28 percent and wheat flour 0.24 percent. During the week, out of 51 items, prices of 12 (23.53 percent) items increased, 12 (23.53 percent) items decreased and 27 (52.94 percent) items remained stable. The year-on-year trend depicts an increase of 1.73 percent. Major increase is observed in the prices of ladies sandal 55.62 percent, gas charges for Q1 29.85 percent, sugar 21.75 percent, beef 14.15 percent, vegetable ghee 1kg 11.58 percent vegetable ghee 2.5kg 12.20 percent, moong 12.09 percent, firewood 11.22 percent, gur 10.94 percent, cooked beef 9.31 percent, bananas 9.29 percent, and lawn printed 7.32 percent. While a major decrease is observed in the prices of onions 55.34 percent, garlic 26.43 percent, mash 22.99 percent, wheat flour 22.01 percent, tomatoes 21.42 percent, tea Lipton 17.93 percent, potatoes 16.91 percent, electricity charges for Q1 10.02 percent, pulse gram 9.87 percent and LPG 5.68 percent. The SPI for consumption groups up to Rs 17,732 with an increase of 0.30 percent recorded at 316.97 points compared to 316.01 points in previous week. The SPI for consumption group of Rs 17,732 to 22,888 up by 0.26 percent was recorded at 316.92 points against previous week's calculation of 316.10 points. Whereas, the SPI for the income group Rs 22,889-29,517 with an increase of 0.19 percent was recorded at 339.77 points against previous week's recording of 339.14 points. The SPI for the income group Rs 29,518-44,175 with an increase of 0.14 percent was recorded at 327.62 points against previous week's reading of 327.85 points and SPI for the monthly income group above Rs 44,175 registered a decrease of 0.06 percent at 327.66 points against 327.85 points of the previous week's calculation. The combined increase for all expenditure groups recorded at 328.12 points compared to 327.94 points of previous week registering a nominal increase of 0.05 percent. Copyright Business Recorder, 2025
