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Fuel Transport Optimizes Warehouse Operations with Tecsys’ SaaS Supply Chain Tech Stack

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Tecsys Inc. (TSX: TCS), an industry-leading supply chain management software company, today announced that Fuel Transport, a Montreal-based logistics and transportation company, has implemented advanced supply chain execution software into its warehousing operations to modernize its tech stack and enable extended value-added 3PL services. This software implementation strengthens Fuel’s position as a growth-oriented industry innovator and equips the 3PL with critical tools to serve its clients better, faster and smarter.

Fuel has established a robust network of people, assets and services that has allowed the company to aggressively expand its capacity and order processing capabilities. This notable growth compelled the organization to invest in its tech stack preemptively so that the business could continue to expand both in scale and service level. Central to this initiative, Fuel sought a warehouse management platform with advanced capabilities that could both handle the complexities of today’s market and meet the operational and visibility demands needed to set benchmarks in their industry for years to come.

“With the expansion of our warehousing division, we needed more accuracy and scalability in our infrastructure, with more versatility for our clients, across our multiple locations,” says Peter Perrella, vice president, Sales at Fuel. “Tecsys is a sophisticated, fully integrated and flexible cloud-based WMS that provides a more diversified inventory management system. Its real-time visibility will assist Fuel in attracting high profile clients who require more than just a simple in and out storage system. Tecsys can also support our business model by managing complexities with ease as we explore other avenues and future projects.”

Ron McIntyre, vice president, Technology & Innovation at Fuel, comments: “The Tecsys solution reduces our reliance on manual record keeping and double keying, so we are able to focus our resources on value-added services. Tecsys has helped us move our warehouse administrative tasks from 90% manual to 90% system-driven, which has equipped us with real-time visibility and auditing capabilities, affording us a high degree of confidence in our data. We are able to render that data into better customer service, satisfying complex process and technology needs for a new breed of 3PL client.”

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The Tecsys platform helps Fuel make smarter supply chain decisions and serve its markets without disruption, despite multiple nodes of volatility. For example, Fuel’s Tecsys-powered visibility enables the 3PL provider to hold more documented inventory in the same space while driving better inventory and order accuracy, instilling in clients a greater degree of confidence even in challenging conditions.

“Tecsys gives us the operational agility and business intelligence to be able to adapt along with our clients, providing the best suited solutions to their individual needs. With Tecsys in place, we can run sophisticated logistics on the backend, while simplifying the client-facing experience,” continues McIntyre.

“As the 3PL industry becomes more and more complex with the demands of e-commerce and multichannel distribution, it is incumbent on providers to harness that complexity as a competitive advantage,” says Vito Calabretta, senior vice president of Global Operations at Tecsys. “Fuel’s investments in technology are doing just that. This is an organization that is building a remarkable digital 3PL infrastructure, and Fuel’s customers will take notice. We are delighted to serve as a central cog in this first-class company.”

Blockchain

This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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Blockchain

Bybit Web3 Launches World’s Largest GameFi Playground at Crypto Ark-ade as GameFi Market Size Surges to $20bn

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