TrueCommerce Recognized in 2022 Gartner® Magic Quadrant™ for Multienterprise Supply Chain Business Networks

— The Company is recognized based on its Ability to Execute and Completeness of Vision —

FLORHAM PARK, N.J., June 02, 2022 (GLOBE NEWSWIRE) — TrueCommerce, a global provider of trading partner connectivity, integration, and unified commerce solutions, has announced today that it has been recognized by Gartner Inc. as a Challenger in the May 2022 Magic Quadrant for Multienterprise Supply Chain Business Networks (MESCBNs).1 The evaluation was based on specific criteria that analyzed the company’s overall Completeness of Vision and Ability to Execute.

Gartner defines “multienterprise supply chain business networks” (MESCBNs) as holistic and cohesive platforms that support a shipper-centric community of trading partners that need to coordinate and execute on business processes that extend across multiple enterprises. Gartner considers MESCBNs to be foundational technology for higher-maturity organizations, implemented to coordinate, orchestrate, automate and transform an organization’s extended supply chain within the overall business ecosystem they operate in for driving collaboration and enhancing competitiveness.
Core capabilities of the MESCBN market include:

  • Extensive network connectivity with support of multitier and multitype partner ecosystems and technology platforms
  • Centralized information/data hub and visualization
  • Universal cross-domain apps
  • Core supply chain execution apps (enterprise- and multienterprise-centric)
  • Supplemental supply chain apps (planning or finance)
  • Embedded intelligence

“To us it’s exciting to secure the Challenger position in this foundational research – four years in a row,” said Mike Gross, SVP of Product, TrueCommerce. “Over the last year, we have made significant investments in our technology and people, expanding our customer base by 40% as a result. We also have exciting new product innovations underway including the utilization of APIs and leveraging our universal adapter to broaden both internal and external integrations as well as the greater utilization of data through artificial intelligence/machine learning.”

TrueCommerce offers a broad set of unified commerce solutions and apps that connect customers, suppliers, channels, and systems. These solutions revolutionize supply chain visibility and collaboration by helping organizations make the most of their omnichannel initiatives through business P2P connectivity, order management, collaborative replenishment, intelligent fulfillment, cross-functional analytics, and product information management.

The solutions leverage TrueCommerce’s Global Commerce Network, which includes more than 160,000 connected businesses. Beyond the platform itself, the supply-chain-as-a-service model offered by TrueCommerce includes personalized support, trading partner mapping and ongoing compliance monitoring.

TrueCommerce’s technology innovations and business strategy have won it numerous industry accolades. In addition to being named as a Challenger again by Gartner, the company was recognized in the following prominent analyst reports:

  • Leader in IDC MarketScape for Worldwide Multi-Enterprise Supply Chain Commerce Network, 2021
  • Contender in IDC MarketScape for Worldwide Product Information Management Applications, 2021
  • Contender in IDC MarketScape for Worldwide B2B Digital Commerce Platforms Vendor Assessment, 2020
  • Contender in IDC MarketScape for Worldwide B2C Digital Commerce Platforms Vendor Assessment, 2020

Download a complimentary copy of the Gartner Magic Quadrant report here.

Disclaimer
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER and Magic Quadrant are registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used here in with permission. All rights reserved.

Additional resources:

• Explore TrueCommerce on this blog
• Follow TrueCommerce on LinkedInFacebook and Twitter

About TrueCommerce

TrueCommerce is the most complete way to connect your business across the supply chain, integrating everything from EDI, to inventory management, to fulfillment, to digital storefronts and marketplaces. We’ve revolutionized supply chain visibility and collaboration by helping organizations make the most of their omnichannel initiatives via business P2P connectivity, order management, collaborative replenishment, intelligent fulfillment, cross-functional analytics, and product information management.

The TrueCommerce Global Commerce Network can connect businesses to over 160,000 retailers, distributors, and logistics service providers. As a fully managed services provider, we also manage new trading partner onboarding, as well as the ongoing management of partner-specific mapping, labeling changes, and communications monitoring. That’s why thousands of companies—ranging from startups to the global Fortune 100, across various industries—rely on us.

TrueCommerce: Do business in every direction
For more information, visit https://truecommerce.com/

TrueCommerce® is a registered trademark of True Commerce, Inc. All other trademarks are property of their respective owners.

Media Contact 
Yegor Kuznetsov 
Director, Marketing Communications
1-703-209-0167
yegor.kuznetsov@truecommerce.com


1 Source: Gartner, “Magic Quadrant for Multienterprise Supply Chain Business Networks”, Christian Titze, Brock Johns, 23 May 2022

Zoom Hires Matthew Saxon as Chief People Officer

SAN JOSE, Calif., June 02, 2022 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced that Matthew Saxon will join the company as its Chief People Officer, effective immediately. Saxon brings more than 20 years of experience in human resources and people operations. He was most recently the Vice President of People Operations at Meta, and previously was Senior Vice President of Compensation, HR Operations, and Shared Services at Humana. Saxon will lead Zoom’s people experience team and report to Aparna Bawa, Zoom’s Chief Operating Officer.

Zoom has experienced rapid growth in its workforce to meet the demands of its customers and business worldwide. Saxon will help Zoom’s continued growth and help scale all elements of the organization including culture, organizational design, talent acquisition, engagement, training and development, employee experience, and infrastructure.

“Our Zoomies are at the core of everything we do, and we know that having the right leader in place to help shape the future of Zoom’s workforce will allow us to better serve our customers’ evolving needs. We are excited to welcome Matthew, who has a deep understanding of the complexities today’s workforce is facing, and we are confident that his skill set will help elevate and strengthen Zoom as we navigate the next phase of work together,” said Bawa.

“I was drawn to Zoom’s clarity in its core value of care. It is obvious in everything the company does, but most importantly, it’s clear the leadership team genuinely cares about employees. Zoom has completely transformed the way people and businesses connect, and I’m excited to help drive the company forward by elevating and advocating for our employees. Together, Zoom will continue to lead and demonstrate how companies can thrive to drive successful business outcomes,” said Saxon.

About Matthew Saxon
Matthew Saxon leads the People Experience team at Zoom, ensuring that the core value of Care is reflected in the company’s approach to benefits; compensation; diversity, equity, and inclusion; recruitment; culture; and employee experiences. He brings with him over two decades of experience in the HR field, serving most recently as Vice President of People Operations at Meta, where he helped develop the strategic people roadmap and led the delivery of programs and services supporting significant increases in headcount and company growth. He was also Senior Vice President of Compensation, HR Operations, and Shared Services for Humana Inc., and held several leadership positions at Motorola, Inc., including Vice President of Total Rewards and Vice President of Human Resources for Asia Pacific and Middle East.

About Zoom
Zoom is for you. Zoom is a space where you can connect to others, share ideas, make plans, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Zoom Public Relations
Candace Dean
Corporate PR Lead
press@zoom.us

Central African Republic Refugees Leaving Cameroon on Promises of Peace

Central African Republic refugees in Cameroon have started returning home after fleeing political and sectarian violence there since 2014. There are around 300,000 C.A.R. refugees in Cameroon, most of them women and children. Hundreds have agreed to return home after Bangui promised peace has returned to their towns and villages.

Cameroonian officials handed out food and blankets at a camp in Gado Badzere Wednesday to about 300 Central African refugees who agreed to return home.

Gado Badzere hosts more than 30,000 C.A.R. refugees out of 300,000 who fled conflict.

Thirty-five-year-old farmer Robert Bissa is one of the refugees who is returning this week to the Central African Republic.

He left the C.A.R. in 2017 after a rebel attack on a military base killed civilians and destroyed the shop where he sold his produce.

Bissa said he received assurances from his family back home that peace has returned to his village in the south of the C.A.R. He said he intends to go back to his farm and grow beans and groundnuts.

Cameroon authorities and the U.N.’s refugee agency (the UNHCR) say 2,500 refugees, most of them women and children, have agreed to return home before the end of this year.

But UNHCR Cameroon representative Olivier Beer said most of the refugees in Cameroon are still reluctant.

Beer said a majority of the refugees have not accepted to voluntarily return because security is unstable in the C.A.R. But he said there are some towns and villages that have been pacified by the C.A.R.’s military.

A C.A.R. official receiving the refugees on the border said they would be socially and economically re-integrated and that their safety and security would be assured.

Cameroon’s territorial administration minister, Paul Atanga Nji, said militaries on both sides will protect refugees as they were returning home.

Nji said there are still problems of C.A.R. rebels crossing into Cameroon to steal supplies and abduct civilians for ransom.

“It is important to reiterate the instruction of President Paul Biya that the departure [of refugees] must be voluntary and the convoy must have all the necessary security measures. We have asked the security forces [military] in Cameroon to accompany the convoy and by the time we get to the boundary (border) the security forces military from the neighboring country [C.A.R.] will continue with the convoy,” he said.

Violence erupted among armed groups in the C.A.R. in 2013, when then-President Francoise Bozize was ousted by the Séléka, a Muslim minority rebel coalition.

In January 2021, hundreds of C.A.R. civilians fled sporadic clashes after the presidential election, many of them to Cameroon.

The U.N. says since 2013, close to a million Central Africans have fled conflict to neighboring Cameroon, Chad, the Democratic Republic of Congo and Nigeria.

The voluntary repatriation of C.A.R. refugees began in 2016 but was suspended in 2020 due to the COVID-19 pandemic.

Source: Voice of America

Djibouti invites Saudis to invest in Africa’s largest Free Trade Zone

A delegation from Djibouti, led by Chairman of the Djibouti Ports and Free Zone Authority Aboubaker Omar Hadi, held talks with members of the Saudi business community at the Federation of Saudi Chambers in Riyadh.

Discussions tackled the economic and investment opportunities and means to double trade exchange between the two countries.

Hadi called on Saudi entrepreneurs to invest in Africa’s largest free trade zone, which covers 48 square kilometers on the Red Sea, affirming the availability of an appropriate infrastructure to receive Saudi investments in various sectors

He pointed to its unique geographic location, which makes it a key network for economic and commercial exchanges at the African and global levels.

Hadi further referred to the Authority’s goals in the field of ports, logistics and free zones, noting that his country is a large gateway to an almost 1.3 billion population in Africa.

He underlined the country’s strategic location between trade routes of the East and the West, with over $2 trillion worth of goods passing through every year.

Djibouti has also maintained its currency rate at a fixed parity with the US dollar for over 40 years and enjoys a free currency exchange policy.

Djibouti Ambassador to the Kingdom Dya-Eddine Said Bamakhrama told Asharq Al-Awsat that the future of bilateral cooperation will expand to include strategic partnerships.

This could be achieved by benefiting from the integration of development programs in his country with the Kingdom Vision 2030’s programs and objectives, in light of the available investment opportunities and enhanced bilateral ties.

FSC Secretary-General Hussein al-Abdulqader lauded the historical ties between the Kingdom and Djibouti.

He underscored the importance of taking advantage of the available investment capabilities and opportunities to develop more commercial and investment partnership projects and raise the volume of trade between the two countries, which has reached about SAR7 billion ($1.86 billion) with a growth rate of 103% in 2021 compared to 2020.

There is still a great chance to raise this figure in line with the efforts made and the available investment opportunities, Abdulqader added.

Source: Somalia National News Agency