FAST 25: enVista

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Revenue growth FY 2015 to 2017: 62%

Unified commerce: EnVista has maintained what co-founder and principal John Stitz calls “steady and consistent growth over the years,” and the company’s attention to unified commerce solutions is a big reason why. Unified commerce enables shoppers to buy, receive and return items anywhere and retailers to be able to fulfill orders efficiently. “This a big investment area for us and an area where we’re seeing significant interest from our clients and a lot of additional revenue potential coming our way as a result,” Stitz said.

What they do: EnVista’s job is to make companies’ supply chains as efficient as possible and unify commerce to increase customer engagement. It does that using a combination of software products and professional services. “One part of our business reduces your cost,” Stitz said. “Another part of our business helps you drive your top-line revenue.”

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In Today’s Commerce World, There Are Clear Winners And Losers

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As physical and digital commerce converge, the brands dominating and thriving in the market are those optimally engaging customers, meeting their expectations and delivering consistent, stellar, personalized brand experiences across the enterprise. Expanding channels, marketplaces and consumer expectations are also pressuring manufacturers and distributors to both improve fulfillment and service levels for their retail clients, and to develop direct-to-consumer digital commerce channels. In a race to compete, it is the retail fast eating the retail slow.

Companies that can rapidly unify commerce and optimize enabling supply chain processes will have a clear competitive edge, by strategically focusing on and leveraging:

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Is a Tightened Labor Market Driving Up Your Operational Costs? Consider Exploring Warehouse Incentive Programs to Increase Retention

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The speed of today’s supply chains, coupled with macro behaviors, are causing organizations to seriously consider incentive compensation as part of their overall associate compensation strategies. The Bureau of Labor Statistics recently reported that warehousing jobs experienced year-over-year uptick in the number of quits, making it one of the top industries having to cope and plan for unemployment. Just last year, there were 25,000 more quits in the industry itself [1], and some companies are even having to retrain 50 plus percent of their workforce to lessen the amount of quits.

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Class 8 Orders Explode in June Amid Clogged Backlogs, High Freight Demand

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Surging Class 8 orders in June rushed past 42,000 units as fleets and dealers scrambled to get in line for 2019 production since clogged backlogs and supply chain disruptions have largely choked off the chance of getting a new truck this year.

ACT Research Co. said June orders hit 42,200, up 133% from a year earlier when orders were 18,104. ACT cited preliminary data it will fine tune when final figures are out later in July.

“The swelling backlogs are the manifestation of all the underlying demand — the economy and the strength in freight, the capacity crunch. All those good things,” ACT Vice President Steve Tam told Transport Topics.

How much will Amazon move the needle on last-mile logistics?

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News of Amazon recruiting small businesses with “little to no logistics experience” for last-mile delivery services threw the news media and stock market into a tizzy.

The e-commerce giant announced its plan Thursday to provide entrepreneurs with Amazon-branded uniforms and delivery vans along with thousands of dollars in reimbursement to fulfill last-mile deliveries, citing high consumer demand and strained capacity.