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World’s largest startup pitch competition in procurement announces…

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DEMO Virtual continues to showcase the best procurement technology from around the world, proving our dedication to highlighting today’s most forward-thinking innovators,” said DPW Founder Matthias Gutzmann.

62 startups, 9 pitches, 3 winners

The competition’s 9 finalists – shortlisted from over 62 applicants – logged in from all corners of the globe to pitch their ideas in front of hundreds of online viewers and a judging panel of 28 experts including seasoned procurement professionals, venture capitalists, startup enthusiasts, investors, and founders. After an intense session with nine pitches and thorough questioning, the three category winners were selected.

The category winners of the DEMO Virtual 2020 are:

Fairmarkit (USA) – Winner Source-to-Pay category

Fairmarkit is the intelligent sourcing platform that empowers organizations to more efficiently purchase the goods and services they need. By equipping procurement and supply-chain teams with automation and data, Fairmarkit promotes competitive bidding while reducing manual work within existing processes.

IntegrityNext (Germany) – Winner Networks & Platforms category & Audience Vote Winner

IntegrityNext enables organizations to monitor 100% of their suppliers for sustainability and compliance in order to meet the regulatory requirements. The IntegrityNext platform automatically obtains the required supplier self-assessments and certificates while monitoring social media for malpractice and reputational risks.

Vizibl (UK) – Winner Enterprise category

Vizibl is the world’s leading supplier collaboration and innovation platform, helping both buyers and suppliers manage all aspects of their relationship more effectively to deliver mutual value. Vizibl’s software makes every aspect of the relationship life-cycle transparent, so companies can align on their governance, strategy and develop great ideas together.

Each of the 3 winners will receive a free startup package to DPW’s annual flagship conference taking place in Amsterdam on 15-16 September, 2021, and most importantly, high-profile exposure to DPW’s community of senior procurement practitioners and potential investors who are looking for the latest in cutting-edge technology and innovation.

“DEMO Virtual continues to showcase the best procurement technology from around the world, proving our dedication to highlighting today’s most forward-thinking innovators,” said DPW Founder Matthias Gutzmann. “It allows procurement organisations to understand which emerging technologies have the greatest impact and ROI on their digital transformation.”

About DEMO Virtual 2020:

DEMO Virtual is one of the activities from DPW, the first organisation of its kind to focus on bringing startups into the procurement industry. It provides a platform for all procurement entrepreneurs from around the world to pitch their solutions to gain global exposure and access deals.

About DPW:

The most important community for technology and innovation in procurement, DPW partners with the world’s most progressive companies to unlock the true power of procurement through excellence in digital procurement. For more information, visit https://www.dpwconf.com/

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Source: https://www.prweb.com/releases/2020/9/prweb17425722.htm

Ecommerce

Bigblue wants to automate e-commerce fulfillment in Europe

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Meet Bigblue, a French startup that just raised a $3.6 million seed round (€3 million) to build an end-to-end fulfillment solution in Europe. If you sell products on your own website and across multiple marketplaces, you can use Bigblue to handle everything that happens after a transaction.

Bigblue doesn’t try to reinvent the wheel. Instead, it partners with existing logistics companies so that you only have to manage one relationship with Bigblue. It means that Bigblue works with several fulfillment centers to store your products as well as multiple shipping carriers.

Essentially, Bigblue lets you improve the experience for your customers. When you start using Bigblue, you send your products to a fulfillment center and you integrate Bigblue with your online stores. The startup has integrations with Shopify, WooCommerce, Magento, Wix Store, Prestashop, Fastmag and Amazon’s marketplace.

When a client orders a product from you, it is packed and shipped directly from the fulfillment center to your customers. Bigblue customers pay a flat fee per order and don’t have to deal with anything. Some packages might be delivered through DHL, others might be sent out using Chronopost, etc. It is completely transparent as Bigblue chooses the right carrier for you.

The startup also gives you more visibility into your shipping process. Retailers get an overview of their operations and can see the inventory from Bigblue’s interface. Clients receive branded delivery emails.

While it’s hard to build a good logistics network if you’re a small e-commerce company, Bigblue lets you compete more directly with Amazon big e-commerce websites. You can level up the customer experience without putting together an in-house logistics team.

Samaipata is leading today’s funding round. Bpifrance is contributing to the round. Plug and Play, Clément Benoit, Thibaud Elziere and Olivier Bonnet are also investing.

With the new influx of funding, the startup plans to hire 50 people and improve its product. You can expect more integrations with e-commerce platforms, ERPs and marketplaces. Bigblue is also going to build out its own shipment tracking pages and email personalization toolkit. The company will also improve product returns and delivery ETAs.

Source: https://techcrunch.com/2020/11/26/bigblue-wants-to-automate-e-commerce-fulfillment-in-europe/

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Holiday 2020 Retail Sales Off to a Double-Digit Start, Reports NPD

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“Retail’s focus on Black November seems to be paying off, but it remains to be seen if early sales will diminish retail’s performance over Black Friday weekend,” said Marshal Cohen, NPD’s chief industry advisor, retail.

Holiday dollar sales* for the season to date grew +13% compared to the same 6 weeks last year, with video games, small appliances, technology, toys, office supplies, and books leading the way, according to The NPD Group’s latest retail sales reporting.1 This healthy start to the season is important as retail continues to be challenged by COVID-19 case surges that will have additional implications for the way consumers shop.

  • Early in the season, 80% of holiday shoppers told NPD they planned to shop online this season, and less than half (42%) of all holiday shopping would be done in stores.2
  • The majority of general merchandise industries tracked by NPD are seeing e-commerce growth, now representing 30% or more of total dollar sales – more than half in technology and small appliances.3

“Retail’s focus on Black November seems to be paying off, but it remains to be seen if early sales will diminish retail’s performance over Black Friday weekend,” said Marshal Cohen, NPD’s chief industry advisor, retail. “While we are heading into retail’s big holiday weekend with some nice momentum, there are still several weeks ahead with many industries still looking to make up for the year’s losses. This may still prove to be a very challenging holiday season at retail, which means the focus could shift from sales volume to profit margin for those industries and retailers that are lagging.”

Watch to get the latest insights from NPD’s chief industry advisor: A Minute with Marshal Cohen – Consumers Overcome Distractions

Black Friday was the top shopping day of 20194 – Here are some insights into this year’s Black Friday shopper:

  • Those who were planning to start shopping on either Thanksgiving Day or Black Friday are more likely to buy for themselves as part of their retail therapy.2
  • They are likely still the deal-hunters. Holiday shoppers who planned to start shopping on Black Friday intend to spend an average of $643, less than early shoppers, and other traditional peak period shoppers.2

Average planned holiday spending for this year, based on when holiday shoppers planned to begin shopping.

  • Before Thanksgiving:    $876
  • Thanksgiving/Black Friday/Black Friday Weekend/Cyber Monday:    $680
  • December:    $448

The hottest categories so far this holiday shopping season continue to be led by technology products. But as holiday promotions increased, there was movement among the growth drivers in the first two weeks of November.

Top 15 YOY Growth Categories*

6 weeks ending November 14, 2020

1- LCD TVs

2- PCs

3- Video Games Hardware
4- Tablets & e-readers

5- Tissue & Dispensers

6- Hand Held Specialty Cleaning Appliances

7- Monitors

8- Stereo Headphones

9- Paper Towels, Napkins & Dispensers

10- VR/AR Hardware & Accessories

11- Building Sets

12- Sleepwear

13- Hand Cleaners

14- Fryers

15- Fashion Dolls/Accessories & Role Play

Will this list continue to change as the holiday shopping season progresses? Stay tuned for an update during the second week of December!

For more information, or to speak with Marshal Cohen, contact Janine Marshall at janine.marshall@npd.com, and check NPD’s special holiday coverage and follow #NPDHoliday on Twitter to see the latest insights across retail.

1Source: The NPD Group/Retail Tracking Service, apparel, athletic footwear, beauty, Blu-ray/DVD, office supplies, small appliances, technology, toys, video games.

2Source: The NPD Group/Annual Holiday Study
3Source: The NPD Group/ U.S. Consumer Tracking Service (Athletic Footwear, Apparel, Accessories, Toys, Video Games), Retail Tracking Service (Office Supplies, Beauty), Checkout (Housewares, Small Appliances, Technology – YTD September 2020

4Source: The NPD Group/Checkout
*Seasonal Category Tracking is based on a subset of industries available weekly at a category level.

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Source: https://www.prweb.com/releases/holiday_2020_retail_sales_off_to_a_double_digit_start_reports_npd/prweb17574034.htm

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Productsup and Pimcore Announce Partnership to Simplify Multichannel…

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Productsup, the leading e-commerce data integration company, and Pimcore, the leading open-source platform for data and customer experience management, today announced a new partnership. The strategic alliance between the two companies empowers brands and retailers to simplify their product content flow, and in turn, enhance the online shopping experience for consumers. The announcement was made this morning, during the opening ceremony of Pimcore’s annual conference, Pimcore Inspire.

“Now more than ever, businesses need to expand their customer base to drive sales and meet their revenue goals, which is why selling across a wide range of marketplaces, online stores and social platforms is essential,” said Johannis Hatt, CEO, Productsup. “However, managing products in a variety of channels to ensure content is personalized, up-to-date and consistent is exceptionally difficult. Our partnership with Pimcore removes many of the barriers that prevent companies from delivering a positive brand experience to their customers at every touchpoint.”

Pimcore combines product information management (PIM), digital asset management (DAM) and master data management (MDM) to enable brands and retailers to easily manage and aggregate product and master data for any selling channel. Productsup offers product content syndication and feed management for brands and retailers, empowering users to optimize and syndicate product content to various channels. The new integration between the two platforms allows businesses to deliver personalized customer experiences on any digital marketing, shopping or business channel to optimize their ecommerce strategy.

“We’re excited to partner with Productsup to enhance our offerings for customers and make selling online more accessible and manageable,” said Dietmar Rietsch, CEO, Pimcore. “This year has proven that a strong ecommerce presence is essential to compete in today’s retail landscape, so joining forces with Productsup is the obvious next step to help our customers advance their online strategy.”

About Pimcore
Pimcore is an open-source software used by over 100 000 companies for master data management, digital asset management, product information management, multi-channel publishing and e-commerce. Acclaimed by analysts from Gartner and Forrester its customers include Fortune 100 companies such as Pepsi, Sony, and Audi. The company is based in Salzburg, Austria. For more information, visit pimcore.com.

About Productsup

Productsup provides an innovative SaaS platform that empowers brands and retailers to optimize and syndicate their product content to all digital marketing, shopping and business channels, such as Google, Amazon, Facebook, or Walmart. With agile data and seamless connectivity, the award-winning company helps customers break through data silos and get their products to market quickly.

Headquartered in Berlin, Germany, Productsup is trusted by more than 800 businesses worldwide, including five Fortune 20 companies and market leaders like IKEA, Beiersdorf, ALDI, and Superdry.

Visit http://www.productsup.com to learn more.

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Source: https://www.prweb.com/releases/productsup_and_pimcore_announce_partnership_to_simplify_multichannel_commerce/prweb17573953.htm

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Covermade® Easy-Bed-Making Comforters to Launch with QVC®

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Covermade announced that its comforters will be available on QVC this fall.

Working with QVC means that more people will join the many satisfied Covermade customers who are already enjoying simpler bed making for a better night’s sleep and easier mornings.

Today, Covermade, producer of a patented bedding line designed to simplify bed making, announced that QVC will offer its comforters beginning this fall.

“We could not be more excited to be working with QVC to make Covermade easy-bed-making comforters available to their millions of customers,” said Natalie Monaco, inventor and founder, Covermade. “The QVC brand is rooted in building trust, credibility and long-term relationships with the customer. Working with QVC means that more people will join the many satisfied Covermade customers who are already enjoying simpler bed making for a better night’s sleep and easier mornings.”

Each Covermade comforter is 100% cotton with a 300-thread count and is machine washable. Covermade’s patented elastic design keeps the covers in place, allowing you to make the bed in moments. The bedding product enables anyone—from adults to children—to make a bed with ease. Research supports that better sleep results from a clean and comfortable environment . According to a survey from the National Sleep Foundation, 44 percent of bed makers say they get a good night’s sleep almost every night. See how Covermade works in this brief video.

About Covermade

Covermade LLC, based in Columbus, Ohio, is a provider of innovative bedding products. When founder Natalie Monaco became frustrated with the hassle of making the bed, she began searching for products designed to facilitate bed making. When she couldn’t find anything in stores or online, she began developing Covermade and made it her mission to provide consumers with a solution. The patented bedding product simplifies bed making and is easy to use for everyone, from kids to adults. The Covermade comforter is available in a variety of sizes and colors. Visit Covermade online for more information or to order, and follow Covermade on social media on Instagram, YouTube, Facebook, Twitter, Pinterest or LinkedIn.

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Source: https://www.prweb.com/releases/covermade_easy_bed_making_comforters_to_launch_with_qvc/prweb17542111.htm

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