TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving efficiency amid broader downshifts in the sector. In an announcement Wednesday (June 14), TrueCar described “a strategic restructuring to streamline the organization, including a workforce reduction...
In the digital twin breweries Anheuser-Busch InBev is building in a private industrial metaverse, a sensor will tell the brewmaster if a vat of beer is fermenting properly, while the digital twin of Los Angeles’ SoFi Stadium uses footfall sensors to allow operations managers to...
As businesses continue their digital transformations in the pandemic’s aftermath, digitization of business-to-business (B2B) processes still has some catching up to do. One of the most crucial of these processes is invoicing. A 2019 report estimated that companies and their business partners exchanged more than...
Inefficient invoicing systems in the construction industry can mean missed deadlines, cost overruns and schedule delays. In the "AP Automation Tracker," Shep Hickey, CEO and founder of online steel marketplace Bryzos, explains the role of automated invoicing in adding transparency, cost efficiency and accuracy, while...
April 08, 2020
Consumers have the potential to grow impatient if it takes more than a single click or tap on a screen to complete a purchase when they shop online. This stands in stark contrast to how the accounts payable (AP) departments at many businesses process payments. To a significant extent, this process remains stuck in the […]
April 21, 2017
As the supply chain industry is one of the oldest businesses, it can sometimes be viewed as stodgy. While the industry has been around for well over a century, the...
April 10, 2017
Building the better consumer experience has become retail’s rallying call these days — though what exactly the “better experience” consists of is very much up for grabs. Better merchandising, more personalized...
March 31, 2017
Any parent of small children who has recently eaten at Olive Garden or Chili’s would probably fully support nominating Viren Balar for the Nobel Peace Prize. Even though they might not...
August 03, 2023
Freelancer marketplace Upwork said it saw its client companies using the platform more, with a 2% increase year over year in gross service volume (GSV) per active client, according to its shareholder letter released with its earnings report Wednesday (Aug. 2). The GSV spend grew to $4,987 as of June 30, per the report. Active […]
June 14, 2023
TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving efficiency amid broader downshifts in the sector. In an announcement Wednesday...
June 20, 2019
Walmart is planning to use self-driving cars to transport products between warehouses in the hopes of slashing costs and boosting efficiency. Walmart spokeswoman Molly Blakeman told CNBC the retailer is...
