Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

SourceHUB Launches Rapid Global Supply Response Program to Address Continuing Supply Chain Stress an

Extends Partnership with MPK International to Rapidly Meet the Needs of Packaging Suppliers Anywhere in the World

Naperville, Ill. – March 24, 2021 –SourceHUB, a provider of a collaborative technology platform for packaging procurement, launched today its Rapid Global Supply Response Program to help address increasing demands in the midst of global packaging supply chain strain and disruption. The SourceHUB platform combined with MPK International global packaging supply chain consulting services can fill the gaps created by world supply chain shortages and trim weeks off of packaging production and delivery.

According to SourceHUB CEO John Moran, shortages of materials and goods have put a lot of strain on all kinds of supply chains, but packaging has been hit extremely hard. “While nearly every industry is being hit with supply chain disruptions, packaging has been especially hard hit,” he said. “From weather-related resin shutdowns to PET supply shortages to issues in the glass supply chain, many companies are left spending inordinate amounts of time finding suppliers with open capacity. This root cause is lack of supply redundancy, siloed data, and manual workflow processes are challenges that we address.”
SourceHUB’s new Rapid Global Supply Response Program is designed to address this very issue. Using SourceHUB’s technology platform, companies can send RFQs to the SourceHUB highly qualified marketplace within minutes to get quotes for packaging procurement. Onboarding is fast with lower risk through SourceHUB’s workflow automation and project management tools, providing visibility throughout the entire process. MPK Packaging has teams located in global supplier locations to manage supplier onboarding, specification approvals, trial timelines, quality assurance and production timelines.


More specifically, Moran points out that the Rapid Global Supply Response Program can deliver the benefits packagers need during such a stressful time of shortages and disruptions:

• Reduce lead times by 8-20 weeks, depending on product line, roughly 30-50% faster on some product lines
• Mitigate new supplier risk with vetted global resources and industry-leading quality assurance programs.
• Reduce procurement’s time spent managing supply chain disruptions.

“Packaging is notorious for lack of specification management and technology-enabled workflows, which makes it hard to quickly pivot your manufacturing when disruption strikes,” Moran said. “Using manual processes to approve artwork and specifications is time consuming and prone to mistakes. Without strong workflow automation in key processes, projects are often delayed and quality issues crop up. And, without an easy way to identify new global suppliers, finding open capacity in times of shortages is a monumental task.”

SourceHUB Rapid Global Supply Response program squarely addresses these risks and challenges in this current chaos. Our technology automates everything from supplier selection through order completion, making onboarding faster than ever. And our partnership with MPK Packaging significantly reduces risk with new global suppliers with in-country quality teams across the globe. With travel restrictions, visibility and boots-on-the-ground at new suppliers are two top keys to success.

If you would like to learn more about SourceHUB’s or Rapid Global Supply Response Program, please visit SourceHUB at www.sourcehub.ai.
About MPK International
MPK International provides supply and trade consulting services to help businesses engage with suppliers and service partners. They collaborate with their clients to design, implement, and manage global supply and trade strategies so they can build resilient supply networks, manage risk, reduce costs, and grow their business. Find out more about MPK International at www.mpkinternational.com

About SourceHUB
SourceHUB simplifies critical processes in the packaging and procurement process. The SourceHUB platform improves communication across internal and external stakeholders, increases visibility of shipments, and optimizes order and approval workflows. Created and built by seasoned packaging procurement professionals, SourceHUB addresses the most endemic issues affecting the industry and helps customers optimize their supply chain. Find out more about SourceHUB at www.sourcehub.ai.

https://www.pitzerrelations.com

The Latest

More Stories

Creform stationary lineside flow rack provides for an organized flow of materials

Creform stationary lineside flow rack.

Photo courtesy of Creform

Creform stationary lineside flow rack provides for an organized flow of materials

Greer, SC—Creform Corporation, a manufacturer of unique products for material handling structures has designed and built a stationary flow rack to be used lineside for an assembly line. The flow rack can be virtually used in any industry and for most application and is particular useful holding an optimal amount of inventory at the point of assembly which maximizes floor space. It also can prevent excessive inventory which is one of the seven waste considerations in lean manufacturing. This flow rack contains an “L shaped” slide pipe and skate wheel conveyor.

Creform sales engineers worked closely with the customer to design this customized solution to meet their specific needs. The result is an optimized flow rack where parts and materials are strategically organized at the point of use. This setup enables workers to quickly locate the components they need, reducing downtime and saving time. Creform offers multiple flow lane options and can create virtually any hybrid solution.

Keep ReadingShow less

Featured

autonomous tugger vehicle
Lift Trucks, Personnel & Burden Carriers

Cyngn delivers autonomous tuggers to wheel maker COATS

Toyota Material Handling's Core Electric Forklift

Toyota Material Handling's Core Electric Forklift

Photo courtesy of Toyota Material Handling

Toyota Material Handling expands portfolio with high-performance, eco-friendly forklifts

COLUMBUS, Ind.,Jan. 16, 2025 – Toyota Material Handling, the North American leader in material handling products and solutions, is expanding its innovative product portfolio with two new offerings: the Integrated Mid & Large Electric Pneumatic Forklifts and a refreshed Core Electric Forklift series. These models deliver superior operational efficiency while enhancing environmental sustainability, reinforcing Toyota’s commitment to its Vision 2030 and its goal to become a carbon-neutral company.

“Our two newest products reinforce Toyota’s commitment to environmental stewardship without compromising the efficiency and power of our reliable products,” said Bill Finerty, President and CEO of Toyota Material Handling. “These two new models are impactful in many different applications, meeting the needs of all our customers and harnessing the innovation and power of our electric products.”

Keep ReadingShow less

​OPEX® Sure Sort® X with Xtract™ Warehouse Automation System Is Named a Finalist in the New Equipment Digest NED Innovation Awards

MOORESTOWN, NJ (December 18, 2024) OPEX® Corporation, a global leader in Next Generation Automation providing solutions for document, mail, and warehouse automation, has been selected as a finalist in the 2024 NED (New Equipment Digest) Innovation Awards, which celebrates innovations in industrial technology, tools, and equipment that empower businesses to work faster, better, and more cost-effectively.

OPEX Sure Sort® X with Xtract™, a high-speed automated sortation and order retrieval system, was recognized in the NED Innovation Awards Automation category.

Keep ReadingShow less
AML launches StrikerX mobile computer

AML launches StrikerX mobile computer

Richland Hills, Texas, September 12, 2024. AML, a U.S-based manufacturer of barcode data collection products, announces the launch of its latest Android® product, the StrikerX mobile computer.

StrikerX is the evolution of its predecessor, the Striker, but comes equipped with the most powerful processing architecture available for devices in its class, the Qualcomm® QCS6490 processor running Android 13 at 2.7 GHz. Building on the success of the Striker, the new StrikerX maintains the same lightweight and compact form factor but makes a quantum leap in processing power.

Keep ReadingShow less
Hamilton Caster Appoints Andrew D. Stamp as Director of Sales

Hamilton Caster Appoints Andrew D. Stamp as Director of Sales

Hamilton Caster & Mfg. Co., a 117-year-old industry leader in heavy-duty industrial casters, proudly announces the enhancement of its legacy Super Endurance Caster (SEC) series, now rebranded as the Spinfinity® Super Endurance Caster (ZFSEC) series. In addition, Hamilton is introducing the all-new Spinfinity® Super Endurance Dual Caster (ZFSEC2) series, both of which feature a new heavy-duty 'V-Style' seal designed to elevate performance in the most demanding environments.
The Spinfinity® Super Endurance Caster (ZFSEC) series replaces Hamilton’s legacy SEC series, setting a new benchmark for kingpinless caster design in extra heavy-duty applications. Central to this upgrade is the heavy-duty 'V-Style' seal, which offers protection against dirt, debris, and moisture. This advanced sealing technology ensures consistent performance and extends the life of the caster, making it the ideal choice for environments where reliability is critical.
"With the introduction of the V-Style seal, the ZFSEC series is engineered to withstand the harshest conditions while providing zero-fix, 100% maintenance-free operation," said Mark Lippert, president of Hamilton Caster. "This enhancement allows our customers to minimize maintenance costs and downtime, further solidifying Hamilton’s reputation for durability and dependability."
The ZFSEC series retains the robust construction that Hamilton is known for, including a swivel top plate and inner raceway made from forged steel, providing superior strength for shock conditions. Sealed precision ball bearings are also now standard in all wheels, contributing to the maintenance-free performance of the series. Notably, the zerk fittings have been eliminated, as the new design makes them unnecessary.
Complementing the ZFSEC series, Hamilton introduces the all-new Spinfinity® Super Endurance Dual Wheel Caster (ZFSEC2) series. This dual wheel series is engineered for extra heavy-duty applications where stability, durability, and maintenance-free operation are paramount. Like its counterpart, the ZFSEC2 series leverages the new 'V-Style' seal, ensuring that each caster is fully protected against contaminants that could compromise performance.
Combined with sealed precision ball wheel bearings, this caster series ensures zero-fix, 100% maintenance-free performance. The dual-wheel configuration enhances stability and allows for a lower overall height, offering a perfect blend of strength and maneuverability.
Casters in both series are finished in a durable HAA polyester platinum powder coat and are available in a wide variety of wheel types, allowing for customization based on application needs. For complete wheel specs and product details check out the Spinfinity® Super Endurance Caster Landing Page and all-new Spinfinity® Super Endurance Dual Caster Landing Page.

https://www.hamiltoncaster.com/Top-Menu/Resources/New-Products/hamilton-enhances-spinfinity-casters-launches-new-dual-wheel-caster-series