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Blockchain Helps Luxury Retailers Prove Provenance And Sustainability Claims

Diamonds and girls have been best friends for centuries, but that friendship has long come at a high cost for the communities involved in the excavation and processing of these highly coveted gems. Thanks to shifts in consumer behavior, however, sustainability considerations are now on par with price and design for consumers when purchasing diamonds, according to new research published by De Beers Group.

And it is high time. The mine-to-market journey contains a myriad of social and environmental impacts at every step of the way. From soil erosion, deforestation, and the destruction of ecosystems to the appalling working conditions, low wages, and child labor rampant in the industry, there is certainly a dark side to the way people have acquired their sparkling stones. The upside is that the industry creates high levels of employment and makes up a significant part of the GDPs of the countries that produce them.

Tackling these issues requires crystal clear insight into the value chain. Tools and services from Everledger, for example, enable independent retailers to easily reference the origin, human rights, and environmental performance of their diamond listings from the world’s leading producers. The global digital transparency company based in the UK uses blockchain to track goods from raw materials to the end consumer and beyond – making it ideal for retailers implementing circular business models.

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Innovating Retail Sustainability with Startups leveraging SAP.iO

https://events.sap.com/noam/nrf/en/videopage.aspx?v=oluBrjrC1RmjVd4M11BDCyn5//79teGPMq+DGevdtkr0ft7t+m5PcL4AdgijZ2ITqCH1mnGNAJ831GmCK+8RXeza1AuCgy2VD+zAkWXZS3U=

This week at the SAP Digital NRF Experience Chantal Emmanuel, CTO and Co-founder of Limeloop, and Kange Kaneene, Vice President SAP.iO Foundries North America sat down with Megan Meany to discuss how Limeloop is innovating to save waste from packages associated with online shopping via reusable packaging paired with a shipping platform that provides reverse logistics, security and more.

Catch the interview here!

Fix the Massive Truck Driver Shortage with Data

Hidden in the furor about disrupted supply chains is how the experience of the drivers delivering all those goods directly impacts the customer experience. That’s where Wise Systems comes in, offering an artificial intelligence (AI)-based delivery management platform that originated at the Media Lab at MIT, when three of the company’s co-founders responded to a professor’s challenge to find the best way to change one billion lives with data.

“The free flow of goods is the lifeblood of communities,” said Allison Parker, vice president of Marketing at Wise Systems. “We decided to apply machine learning to real-time data that captures what’s happening on the ground so organizations can better plan and continuously improve every last-mile route and delivery. Drivers have an intuitive, easier experience managing their schedule directly from their mobile devices, while fleet managers have up-to-the-minute plan tracking for resource allocation and utilization.”

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Sustainable Retail Business Solutions from SAP Showcased During NRF 2022

The retail industry’s $3.9 trillion contribution to the U.S. annual GDP makes it the nation’s leading industry for private sector employment and uniquely positioned to address climate change.

As recently as the 2021 United Nations Climate Change Conference (COP26) meetings, the National Retail Federation (NRF) stated, “Retailers will continue inventing and implementing pragmatic climate change solutions because the needs identified at COP26 demand nothing less.”

To help retailers digitally transform to make their businesses sustainable, SAP is featuring a number of offerings, including these:

  • The new SAP Intelligent Returns Management solution was built to optimize the returns process for the retail industry. The solution uses routing and dispositioning decisions driven by artificial intelligence (AI) to guide products from customers’ hands to the final dispositioning steps, ultimately maximizing customer experience and company margins while also mitigating waste.
  • The recently updated SAP Assortment Planning application now offers advanced category management capabilities. It uses customer data science, assortment strategies, business rules and AI to plan space-aware, localized assortments with a user experience designed for the needs of today’s category manager. Customer-centric, relevant assortments increase customer loyalty, boost profitability and support a more sustainable supply chain.
  • The SAP.iO Foundries program is a network of startup companies with integrations to SAP solutions, including:
    • Algramooffering a circular platform that encourages consumers to buy in a more convenient, affordable way with zero waste and connects people, brands and retailers in an engaging way to change consumption habits
    • EcoCarthelping thousands of e-commerce brands offer carbon-neutral products
    • Everledgerleveraging blockchain and the Internet of Things to offer transparency into supply chains for clarity on quality, origin, sustainability footprint and compliance standards
    • EVRYTHNGhelping customers run their businesses differently with real-time data intelligence from each of their products end to end, from factory to consumer and beyond
    • Inspectoriowith a dynamic and risk-assessment-based quality compliance program that provides digitalization, automation, transparency and traceability
    • LimeLoop, offering a platform for sustainable shipping including reusable packaging, real-time tracking and predictive analytics
    • Specright, providing a purpose-built platform for specification management that fundamentally changes how brands, suppliers, manufacturers and retailers manage data and collaborate to bring products to market

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meQuilibrium Incorporates Biometrics Technology into its Digital Resilience Platform

meQuilibrium, the leading digital resilience platform, brings biometrics into its mobile platform through its innovative new Breathe Coach technology, which enables members to obtain heart rate variability (HRV) feedback anytime, anywhere on a smartphone. meQuilibrium is the first digital employee resilience solution to incorporate biometrics into a mobile platform, providing users with a non-invasive intervention for creating balance between breathing and heart rate in order to build the foundation for resilience from a physiological point of view.

meQuilibrium’s new Breathe Coach tool transforms the smartphone camera lens into a biometric sensor which analyzes members’ breath and heart rate with the touch of a finger. Breathing patterns are instantaneously displayed directly on the smartphone screen, providing immediate, visual heart rate and breath mapping feedback, plus aggregate improvements over time.

Breathe Coach guides users through the practice of resonance breathing, balancing the nervous system by aligning breathing with heart rate, which in turn, can reduce stress. Resonance breathing can be especially beneficial to the mind as it triggers a relaxation response in the body.

“Our new biometric technology integrates the physical with emotional and mental wellbeing, teaching users how to relax on command, reduce stress, calm anxiety, and manage other symptoms using the camera and screen of a smartphone,” explains Adam Perlman, MD, Chief Medical Officer and co-founder, meQuilibrium, who also serves as Director of Integrative Health and Wellbeing for Mayo Clinic Florida. “Breathe Coach unlocks the power of HRV and resonance breathing to ultimately train the mind and body to keep stress at bay.”

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Cogniac Applauded for Enabling Widespread Commercial Adoption of Computer Vision Systems

After recent analysis of the global Computer Vision industry, Frost & Sullivan recognizes Cogniac with the 2021 Global Entrepreneurial Company of the Year Award for Computer Vision. The company develops easily deployable, cost-effective, and highly customizable Computer Vision solutions, enabling widespread commercial adoption across different industries. The Computer Vision platform is capable of ingesting video and images from virtually any visual inspection task. Tracking, detecting, comparing, contrasting and assessing product quality changes for analysis at a global enterprise scale.  Computer Vision systems are used in manufacturing and industrial environments such as automotive and mill and mining, where they increase quality and reduce cost. Such systems are also used for asset inspection, tracking, and management in transportation including railways and trucking, and in various logistics, government, and safety/security applications.

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Digimarc Corporation Completes Acquisition of EVRYTHNG Ltd.

Digimarc Corporation (Nasdaq: DMRC), creator of Digimarc watermarks that are driving the next generation of digital identification and detection-based solutions, announced today it has successfully completed its previously announced acquisition of the Product Cloud company EVRYTHNG Ltd, based in London, UK.

As EVRYTHNG becomes part of Digimarc, it enables a complete solution set for customers, combining the best form of identification with the best cloud platform for gaining and managing the intelligence unlocked by that identification of objects.

“This acquisition is transformative to our business,” explains Digimarc CEO Riley McCormack. “EVRYTHNG’s market-leading product cloud offering provides Digimarc entrée into a potentially enormous market at the cusp of inflection, powers up our ability to sell robust, fully-integrated solutions that no one else can offer, and provides future cross-selling opportunities by providing more on-ramps to our dual platforms. In addition to adding 65 talented and passionate individuals to our team, we can leverage the complementarity of our geographic presence, expanding our ability to serve our increasingly-global customer base while also increasing our ability to attract and retain the best talent world-wide.”

EVRYTHNG is the market leader and pioneered the Product Cloud category, linking every product item to its Active Digital Identity™ on the web and joining-up product data across the value chain for visibility, validation, real time intelligence and connection with people.

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EPA Invests in Rheaply to Enhance Material Recycling

The United States Environmental Protection Agency (EPA) recently selected 30 small businesses to receive part of a $3 million investment to help develop new technologies to address environmental and public health concerns. Among the recipients was Chicago-based startup Rheaply.

Rheaply is based on the concept of circular economies, where waste or excesses resources are repurposed, significantly reducing waste. An example of a circular economy is a furniture designer repurposing wood scraps into other products instead of chucking the waste into the garbage and it ending up in a landfill.

Launched in 2016, Rheaply offers a SaaS platform that not only functions as an asset manager but also allows companies to publicly post assets they no longer need. With the platform, businesses can sell, share and rent unwanted assets with other businesses. A feature on the software also allows companies to request specific assets.

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Cogniac Visual Intelligence From Cogniac Corporation Available As Part Of SAP’s Industry Cloud Portfolio

Cogniac Corporation, a San Jose, California-based provider of enterprise-class artificial intelligence (AI) image and video analysis, announced that its Cogniac Visual Intelligence offering is now part of SAP’s industry cloud portfolio for the travel and transportation industry. The solution integrates with SAP S/4HANA and SAP Intelligent Asset Management solutions including SAP Predictive Asset Insights and is available on SAP Store.

Through its SAP partnership, Cogniac Corporation offers solutions to enterprise customers across the broad logistics sector, focusing on fleet and infrastructure management of rail, metro, ports, airports, and road transport. Cogniac’s platform provides effective AI vision at enterprise scale providing SAP’s industry cloud portfolio and intelligent suite a no-code / low-code AI vision solution for customers seeking to improve and optimize the efficacy and safety of their logistics and transportation operations. Cogniac’s technology can be deployed to meet customer needs within SAP S/4HANA and SAP Predictive Asset Insights solutions, leveraging the strengths of AI vision in predictive analysis, failure and anomaly detection, and optimization of maintenance scheduling and execution.

“Our continued partnership with SAP represents an exciting opportunity to bring our AI vision platform to a global and diverse audience,” said Vahan Tchakerian, Chief Partnership Officer at Cogniac. “The Cogniac platform is purpose-built for scale, ease of integration, and real-world applicability. We believe our platform is an excellent fit for the SAP ecosystem and their customers, and we’re thrilled to be building upon a strong partnership.”

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The Business of Marketing Featuring Eric Allen, CEO of LISNR

During this episode, you will hear from Eric Allen, CEO of LISNR, the leading ultrasonic proximity platform enabling secure and seamless data transmission via a secure and scalable software solution. Learn how they leverage technology to drive growth and business transformation and what they see are some of the biggest future obstacles that they will have to overcome.

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Mercaux Named a Top Retail Tech Startup for 2021

The COVID-19 pandemic put retailers in a challenging and unchartered situation to navigate. Businesses everywhere have had to learn how to stay afloat while keeping up to date with government guidelines – taking care of both customer safety and satisfaction with the service provided.

In many ways, retail tech has become crucial in fostering retailers’ relationships with their customers, helping businesses to operate in innovative, socially-distanced ways throughout 2020-2021. Celebrating this area of tech, TechRound have created our list of the top retail tech startups for 2021.

Top Retail Tech Startups 2021:

  • Stint – Founded by Sam and Sol Schlagman
  • Mercaux – Founded by Olga Kotsur and Alexey Petrov
  • Futr – Founded by Andrew Wilkins and Lee Skyrme
  • Tire Agent – Founded by Jared Kugel
  • AfterShip – Founded by Andrew Chan, Dante Tsang and Teddy Chan
  • SellersFunding – Founded by Alessandro Rodrigues Novaes, Fabio D. Knijnik and Ricardo Pero
  • JTB Custom – Founded by Jud Barr
  • SharpEnd – Founded by Cameron Worth
  • SalesDuo – Founded by Arjun Narayan
  • Perfitly – Founded by Dave Sharma and Raghav Sharma
  • Oriient – Founded by Mickey Balter & Amiram Frish
  • Loyalize – Founded by David John
  • Edgify – Founded by Ofri Ben-Porat and Nadav Israel
  • Wevat – Founded by Raphael Chow
  • Soundtrack Your Brand – Founded by Ola Sars
  • eDesk – Founded by Ray Nolan
  • Farly – Founded by Farleigh Hungerford
  • Swift – Founded by Lorenzo Alessi
  • Swapi – Founded by Pete Howroyd

Mercaux, an SAP.iO startup participant, is on a mission to help re-invent physical retail stores by connecting them to the digital world. It’s new generation modular in-store platform connects stores to all the backend systems that ecommerce currently benefits from (such as order management, customer relationship management, product information management and payments), in addition to ecommerce itself. It then surfaces all this rich information into the hands of store associates through the Mercaux app, which is displayed on tablet or smartphone devices. This then allows the store associate to facilitate a much improved shopping experience by using assisted selling, digital styling, and mobile payment solutions to serve the customer.

Original article found here…

Stephanie Benedetto of Queen of Raw named a B2G 2021 Global Woman Supply Chain Leader in Sustainability

Stephanie Benedetto of Queen of Raw named a B2G 2021 Global Woman Supply Chain Leader in Sustainability alongside leaders from IBM, McDonalds, and Southwest Airlines.

An annual event, The Global Women Supply Chain Leaders Awards 2021 is here again. It is a celebration of women and achievement, honouring supply chain’s most accomplished female executives and next generational leaders. Women have worked hard to steadily carve their niche in the traditionally male-dominated supply chain industry.

Do not miss this opportunity to engage in new insights, participate in a wide-ranging and thought-provoking panel discussion, keynote & live Q&As, networking with peers and experts to further inspire and drive on key supply chain topics and themes related to women’s empowerment, equality, and excellence.

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The Business of Marketing Featuring Ashley Crowder, Co-Founder and CEO at VNTANA

During this episode, you will hear from Ashley Crowder, Co-Founder and CEO at VNTANA, a SaaS platform that makes 3D asset production and distribution fast and scalable for apparel, footwear and furniture. Learn how they worked with SAP to transform their business, the major obstacles they faced as a startup in the 3D space, and how they are leveraging technology to drive their growth.

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