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ToolsGroup Recognized as a Leader in the SPARK Matrix for Intelligent Retail Pricing & Promotion Optimization by Quadrant Knowledge Solutions

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce to has been named a technology leader in the in the SPARK Matrix™ analysis of Intelligent Retail Pricing and Promotion Optimization (IRP&PO) by Quadrant Knowledge Solutions (QKS). The Quadrant Knowledge Solutions SPARK Matrix TM: Intelligent Retail Pricing & Promotion Optimization (IRP&PO), Q4, 2023 includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading IRP&PO vendors in the form of its SPARK Matrix. It gives users strategic information to evaluate vendor capabilities, competitive differentiation, and market position. According to Saad F. Shaikh, Analyst at Quadrant Knowledge Solutions, “ToolsGroup’s comprehensive retail pricing solutions utilize advanced analytics to provide retailers with a holistic view of pricing and markdown strategies and assist retailers in managing and automating pricing throughout the product lifecycle. ToolsGroup’s AI-driven engine analyzes complex data at granular levels such as the combination of customer, product, location, and price point, in real-time to generate accurate demand forecasts and provide optimal price recommendations to retailers that maximize revenue. Furthermore, the company’s solutions provide a centralized space to plan promotional activities and execute effective promotions that maximize ROI.” This announcement follows ToolsGroup’s recent acquisition of Evo, a leading developer of artificial intelligence solutions for business performance optimization, with customers such as Decathlon and Benetton already reaping the benefits. JustEnough, a long-established software leader in retail and already a leader in dynamic planning, now applies Evo’s non-linear optimization, quantum learning, and advanced prescriptive analytics to enhance its retail planning and execution processes and results. According to Fabrizio Fantini, VP Product Strategy at ToolsGroup and founder at Evo, “This recognition reflects our continued momentum in developing sophisticated retail solutions that drive real-world results. JustEnough, ToolsGroup’s dynamic end-to-end retail planning and execution suite, enables organizations to overcome complexity and marketplace challenges while still satisfying customer demand. By enabling real-time decisions underpinned by Evo’s responsive AI engine, we help retailers automate and optimize pricing and promotions – protecting margins, eliminating waste, and improving efficiency for maximum ROI.” “ToolsGroup is thrilled to be named a top technology leader in our second consecutive retail SPARK Matrix this year,” said ToolsGroup CEO, Inna Kuznetsova. “As retailers strive for high profit margins, excess inventory remains a challenge – especially during the post-holiday season. Our AI-powered price optimization tools analyze and convert size, color, model, and location data into optimal pricing recommendations. These insights, combined with our inventory optimization and stock rebalancing functions, help retailers satisfy demand while improving margins and minimizing waste.” Additional Resources: ● Want to learn more? Come meet ToolsGroup at NRF 2024, Booth #3948. Save your meeting slot today. ● Download the SPARK Matrix report HERE. ● Learn more about Evo’s responsive AI HERE. ● Read more about ToolsGroup’s industry accolades HERE. About Quadrant Knowledge Solutions Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients as the strategic knowledge partner in achieving business transformation goals with Strategic Business and Growth Advisory Services. Quadrant’s research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments. For more available research, visit: https://quadrant-solutions.com/market-research/ About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Quadrant Knowledge Solutions Mr. Ajinkya Ingle +1 978-605-1066 ajinkya@quadrant-solutions.com Company Website https://www.toolsgroup.com

December 12, 2023 08:30 AM Eastern Standard Time

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BEST 3 STEP WINTER BEAUTY ROUTINE

Flora Mirabilis

Simplify and destress your cold-weather beauty routine with Flora Mirabilis (Latin for the wondrous flower). The cult-favorite line created by LA-based holistic esthetician Jordan LaFragola offers the most effective 3 step skincare routine that simplifies, destresses, and makes your routine more economical. The only three products you need for beautiful skin- perfect for travel and gifting! STEP ONE: CLEANSING CLAY is a rich, creamy blend of oils and clay that deep cleanses without drying skin out. Goes on like a cream and emulsifies to a silky lather with water, washing clean and leaving skin soft, smooth, and perfectly cleansed. Linoleic acid-rich carrier oils support healthy barrier function, decreasing moisture loss and nourishing the skin. Essential oils rich in terpenes are anti-inflammatory, antiseptic, and detoxifying to purify the skin. Kaolin, the mildest of clays, does not pull oil from the skin and instead gently removes surface impurities, making it ideal for everyday use. Apple Cider Vinegar powder lowers the PH of the blend, so it is balanced and beneficial to the skin. The cleanser doubles as a mask when left on the skin! The tube is 5 layer aluminum barrier laminate and shapes to the clay when squeezed. 3oz, $60 STEP TWO: The ultra-clean FACE OIL moisturizer is handcrafted in small batches from 10 transformative plant-based ingredients that brighten, balance, soften, and restore skin, enabling a full range of results in a single step. Sacha Inchi, Apricot Kernel, and Pomegranate Seed oils form the blend's base. These hypoallergenic fruit seed oils are rich in fatty acids, giving the oil its smooth, lightweight texture and intense skin nourishing abilities. Vanilla and Saffron are infused for an antioxidant boost that leaves skin bright and glowing. Essential oils of Sandalwood, Frankincense, Lavender, Rose, and Oud are rich in phytonutrients that restore balance to your skin and give the oil its subtle, gender-neutral scent. Since the beginning, Flora Mirabilis FACE OIL has been handcrafted in small batches for friends, private clients, and niche boutiques. It features a natural, subtle, gender-neutral scent of wood and resin. The bottle is spill-proof and break-resistant, presented in custom-designed white glass with a hand-finished wood cap and a Renaissance-inspired floral motif. EWG Verified™, Leaping Bunny certified, and clinically tested on people, never animals. It is dermatologist-tested and free of synthetic ingredients, fragrances, dyes, and other common skin allergens. The hypoallergenic formula is recommended for even the most sensitive skin. 30ml, $120 STEP THREE: The heavyweight facial massage BEAUTY TOOL is forged from medical-grade 304 stainless steel and used to encourage lymphatic drainage, boost circulation, and relax tense muscles, promoting a healthy, glowing complexion. The ergonomic shape rounds inward on one edge and outward on the other to fit the face and neck contours, with blunt, pointed tips for acupressure and precision work around smaller areas. It is break-proof and designed to last a lifetime. $60 Flora Mirabilis offers a three-piece set, packaged in a wooden gift box and tied with a decorative ribbon. Includes full-size FACE OIL, CLEANSING CLAY, and stainless-steel BEAUTY TOOL. $220 Contact Details Spotlight Beauty PR spotlightbeautypr@gmail.com

December 12, 2023 08:00 AM Eastern Standard Time

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Contract Management Institute Announces New Governance Board

National Contract Management Association

National Contract Management Association’s (NCMA) Contract Management Institute (CMI), an institution dedicated to advancing the profession of contract management is thrilled to introduce its newly appointed Governance Board for the 2023-2024 term. These accomplished professionals will play a pivotal role in guiding the strategic direction of CMI and ensuring the organization's success. "Having had the privilege of working alongside these distinguished professionals throughout my career, I am absolutely thrilled and deeply proud to welcome them to the newly revitalized CMI," stated CMI's Executive Director and former Department of Homeland Security Chief Procurement Officer, Soraya Correa. "Their exceptional expertise and dedication will undoubtedly contribute to our shared vision, and I look forward to the extraordinary journey ahead." NCMA Chief Executive Officer, Kraig Conrad will become the Board Chair for CMI. He expressed his excitement, saying, "I am delighted and honored to serve as Chair for the Institute. CMI is poised to become an important extension of NCMA, providing valuable resources to elevate our profession. I look forward to our journey together and the positive impact we will make." Denyce Carter, the current Board Chair of NCMA, will be joining Kraig Conrad as a distinguished addition and Vice Chair to the CMI board. She said, "I look forward to being part of an initiative that identifies and creates ways to enhance contract management practices, ultimately improving the profession for the workforce and the broader acquisition community." Along with Mr. Conrad and Ms. Carter, the Governance Board includes several accomplished professionals – including three NCMA past Presidents – that bring a wealth of knowledge and experience to the CMI board, representing a diverse range of organizations from government agencies and industry leaders to top consulting firms. The full list includes: Amanda Christian, Senior Vice President of Subcontracts and Procurement at CACI International Inc. She is responsible for setting direction, policy, and procedures based upon corporate-level strategy, and ensuring that procurement and subcontracts personnel provide value and contribute to the overall success of the company. Amanda is a Past-President of NCMA and served on its Board of Directors for seven years. She is a Fellow and currently serves on the Board of Advisors. Alan Chvotkin, Partner at Centre Law Group where he specializes in federal government contracts law and its policies and practices, including counseling companies on a wide range of matters from contract formation and performance through disputes and claims. Mr. Chvotkin is a Fellow of NCMA and currently serves on its Board of Advisors. Kim Denver, Senior Vice President and Chief Contracts Executive at Leidos, leads a team of over 250 contracts professionals, overseeing a diverse portfolio of thousands of active contracts, and previously held a key role as Deputy Assistant Secretary of the Army for Procurement. Mr. Denver currently serves on NCMA’s Board of Advisors. Wendy Masiello is currently an independent consultant, having retired from the U.S. Air Force as a three-star general in July 2017. During her 36-year career with the Air Force, she served as director of the Defense Contract Management Agency; deputy assistant secretary (contracting), Office of the Assistant Secretary of the Air Force for Acquisition; and program executive officer for the Air Force’s $30 billion service acquisition portfolio. She is an NCMA Past-President, and currently a member of the Board of Directors for KBR Inc. and Board of Advisors for NCMA and the Public Spend Forum Debra Scheider is Vice President, Corporate Contracts for Lockheed Martin Corporation. She is responsible for leading the Corporations Contracting, Industrial Development, and Estimating work encompassing policies, strategies, training, and procedures across the Corporation. Ms. Scheider is Past-President of NCMA and served on its Board of Directors for nine years. She is a Fellow of NCMA and currently serves on the Board of Advisors. She is a Director for the Procurement Round Table. Karla Smith Jackson, currently serving as the Senior Procurement Executive, Deputy Chief Acquisition Officer, and Assistant Administrator for Procurement at NASA, is a seasoned professional with extensive expertise with more than three decades of federal contracting experience. Her noteworthy background is in program management, acquisition, and contract planning. She is currently a member of the NCMA Board of Directors. Charlie Williams, President, CWilliams, LLC., held a number of pivotal roles that significantly contributed to the field of contract management., Notably, he served as the Deputy Assistant Secretary, Contracting for the United States Air Force, Director of the Defense Contract Management Agency (DCMA), Commissioner on the Section 809 Panel, President of the NCMA Board of Directors, Chair of the NCMA Standards Consensus Body, a valued member of the NCMA Board of Advisors, and a distinguished Member of the NASA Advisory Council. CMI is dedicated to fostering excellence in contract management by conducting research, studies, and analyses that promote engagement, standards, professional development, and enhanced business practices. The new Governance Board will play a pivotal role in guiding the organization's strategic direction and ensuring the continued growth and success of CMI. For more information about the Institute and its Governance Board, please visit ncmahq.org/cmi. The National Contract Management Association (NCMA) – www.ncmahq.org – stands as the premier contract management organization whose mission is to collaborate towards a globally recognized contract management profession that strengthens its nexus with related acquisition communities. Serving approximately 20,000 members in both the public and private sectors, NCMA propels the growth, advancement, and impact of practitioners through a steadfast commitment to serve through the open exchange of ideas in neutral forums. Contact Details National Contract Management Association Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org

December 12, 2023 05:00 AM Eastern Standard Time

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HIBBETT X NIKE SOLE SCHOOL INITIATIVE SUPPORTS 103 HIGH SCHOOL ATHLETIC PROGRAMS NATIONWIDE

Hibbett, Inc.

Hibbett, Inc. (NASDAQ:HIBB), an athletic-inspired fashion and premium footwear omnichannel retailer, today announced the launch of the 2023 Sole School Program. As part of an ongoing commitment to give back, Hibbett | City Gear in partnership with Nike, have awarded 103 High Schools and more than 2,500 students nationwide with a combination of in-kind donations, product, mentoring and job opportunities, valued at more than $650,000.00. “We are proud at how our grassroots Sole School program has grown and flourished over the past eight years as we remain committed to strengthening our connection with schools in the communities we serve,” said Ben Knighten, Senior Vice President, Operations, Hibbett. “We developed the Sole School initiative as a multi-faceted way to make a meaningful impact for student athletes by not only offering funds but also connecting them with our local leaders to develop a plan for the future.” In 2023, 103 sponsored Sole Schools were recipients of a financial donation on behalf of Hibbett | City Gear and Nike, to support their basketball program in a variety of ways. Sole Schools utilize donated funds for team gear, travel costs, athletic equipment and other necessities. Schools also receive Hibbett | City Gear swag and mentoring from local Hibbett and City Gear leadership. As a community partner, Hibbett conducts regular outreach to schools and athletic programs in their local neighborhoods. "Our Partnership with Hibbett and being selected as a Sole School has been absolutely amazing. Hibbett has provided us with much needed support and we are extremely grateful for all they have done for us here at Warren County High School. Karen and her team at Hibbett have truly become part of our WCHS family," said Victor Hunt Jr., Athletic Director and Head Football Coach, Warren County High School, Warrenton, North Carolina. “Being selected as a Sole School means the world to the Freeport High School Boys Basketball program and it will have a significant impact on our mission and the lives of the players,” said Coach Jackson, Freeport High School, Freeport, Illinois. “Hibbett’s commitment to the Boys Basketball program is truly admirable, and we are incredibly thankful for the positive difference they are making in our community.” “Our Sole School program gives back, creating a generation empowered to make a positive difference and I love being a leader in a company that gives back to a community that we serve and makes a difference in young athletes lives,” said Sheila Oakley, District Sales Manager, City Gear. To learn more about Sole School, please visit Hibbett.com About Hibbett, Inc. Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1158 Hibbett and City Gear specialty stores, located in 36 states nationwide. Hibbett has a rich history of convenient locations, personalized customer service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visiting www.hibbett.com. Follow us @hibbettsports and @citygear on Facebook, Instagram and Twitter. Contact Details Wendy Yellin pr@hibbett.com Company Website https://www.Hibbett.com

December 11, 2023 10:03 AM Eastern Standard Time

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HIBBETT LAUNCHES NEW CLEARED FOR TAKEOFF SERIES FEATURING JORDAN BRAND ATHLETE BRYCE YOUNG

Hibbett, Inc.

Hibbett, Inc., (NASDAQ:HIBB), an athletic-inspired fashion retailer with more than 1,158 Hibbett and City Gear specialty stores nationwide, today announced the launch of Cleared For Takeoff, a new and exclusive digital series featuring NFL rookie quarterback and Jordan Brand athlete Bryce Young of the Carolina Panthers in the inaugural episode. Beginning December 9 th at 8am eastern, the new Cleared For Takeoff episode will be available to watch here and on the Hibbett YouTube channel. Bryce Young, filmed the first episode of Cleared for Takeoff in his current hometown of Charlotte, North Carolina at the Panthers Practice Facility and a local Hibbett store. Young shared how focusing on his dreams as a kid led him on a path to become a first-round draft pick for the Panthers. “My dream began in Pasadena, California at Victory Park running around, having fun and not worrying about anything but playing football. Football is where I found myself and not just in sports, but through life.” Young talked about how hard work, encouragement from his mentors and his own self-belief, led him to football success. “Challenges are inevitable in sports and life. The game gave me a sense of direction and a sense of accomplishment. No matter how hard, ultimately it allowed me to grow.” “We are excited to kick off our first episode of Cleared For Takeoff while celebrating the launch of the iconic Air Jordan 11 Gratitude,” said Sarah-Sharp Wangaard, VP Marketing, Hibbett. “We believe in inspiring kids and providing opportunities for them to “take flight,” follow their dreams and live boldy without limits. We appreciate Bryce Young, Jordan Brand and the Jordan Wings Initiative for helping us bring this episode to life.” During the episode, Young is seen stopping by Hibbett in Charlotte and visiting with 23 Jordan Wings students from the Carolina Youth Coalition and Rise2Impact, both partners of the Jordan Wings Initiative. The purpose of the Jordan Wings Initiative - which works with partners globally - is to unlock access to education and mentorship, as well as, create inspiration and access that helps youth create a better future. It is inspired by Michael Jordan’s legacy of greatness and commitment to education. The students got the surprise of their lives when Young showed up to meet with them and discuss how he approached his own journey to success. Young encouraged the students to follow their own dreams and to find their passion. “Dreams are something that have always guided me and always pushed me. The beautiful thing is that there is no limit to what it can be. I’m grateful to be in the position I am to inspire the next generation. Understand that no matter where you’re from, your background, what is against you, or isn’t, all things are possible.” Young then ended his visit by gifting the students with their very own pairs of Air Jordan 11’s. Hibbett also presented each student in attendance with a $1000 giftcard to enjoy a private shopping experience and purchase shoes for the year ahead. Fans can look forward to more Cleared For Takeoff episodes coming in 2024. About Hibbett, Inc. Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1,158 Hibbett and City Gear specialty stores, located in 36 states nationwide. Hibbett has a rich history of convenient locations, personalized customer service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visiting www.hibbett.com. Follow us @hibbettsports and @citygear on Facebook, Instagram and Twitter. Contact Details Wendy Yellin pr@hibbett.com Company Website https://www.Hibbett.com

December 08, 2023 10:02 AM Eastern Standard Time

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Ho-Ho-Holiday Gifts

News Media Group, Inc.

Contact Details News Media Group, Inc. Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

December 08, 2023 09:24 AM Eastern Standard Time

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Minuteman Press Franchise Review: King's Lynn Owners Paula & Keith Boyce Share Key Lessons Learned & Growth Insights for 2024

Minuteman Press International Inc

For nearly two decades, Paula and Keith Boyce have been the dynamic duo behind the Minuteman Press franchise in the vibrant town of King's Lynn, Norfolk, UK. Their journey has been nothing short of extraordinary, transforming their business from a traditional high street print shop into a cutting-edge powerhouse, delivering ingenious print solutions to a roster of prestigious corporate clients. The highlight of their journey came in 2021 when they received the coveted invitation to join the Minuteman Press International President’s Club, a testament to their unwavering dedication and relentless pursuit of excellence. Keith Boyce shares the nearly 20-year journey of Minuteman Press in King’s Lynn as well as the key lessons learned, growth insights for 2024, and advice for other owners. History of the Business According to Keith Boyce, “it all began in 2004 with the introduction to Minuteman Press International’s invaluable network of suppliers and partners.” With a focus on marketing, the Boyces conquered new markets, concentrating on delivering unparalleled service that shifted the conversation from price to value. This blueprint for success has powered year after year of remarkable growth, with one notable exception—2021 (during the height of the pandemic). So, what makes Minuteman King’s Lynn such a tour de force? Keith shares, “The system isn't a rigid framework; it's a catalyst for innovation. The transition from the bustling High Street to our present location at 12 Campbells Business Park was a thrilling exercise in adaptability, rooted in Minuteman Press' fundamental principles. Through open channels of communication, our entire team embraced opportunities.” Keith continues, “Then came the curveball – COVID-19. The world changed overnight, and our customers needed novel ways to engage with clients and expand their online presence. We already had a head start serving this market and seized this unique moment, igniting a spark of reinvention in the business, setting us apart from the competition. The reward? A robust financial position to propel us through this thrilling metamorphosis.” Growing the Business Today Today, Keith shares, “Our business is a perfect blend of tradition and innovation. Traditional core products still make up 50% of our operations. However, more recently in 2023 we took a bold leap forward by acquiring an apparel company. The remaining 50% is a whirlwind of online services, with virtual shops, print-on-demand, fulfilment, and drop-shipping at the forefront. These cutting-edge solutions are on everyone's lips as they adapt to the evolving business landscape. In 2023 and beyond, we are elated to provide ‘managed print services’ to 10 customers, with grand plans to expand to 20 in the coming year. The magic lies in the fact that our relationships with these customers evolve into vital partnerships, creating a vibrant ecosystem of success and learning.” What's next for Minuteman Press in King’s Lynn? Keith says, “Thankfully, the close-knit team and deep customer connections put us in a unique position. We know our customers inside and out, and partner ourselves with industry leaders. It's about weaving all these threads into a tapestry of opportunity. The market may throw curveballs, but we have pumped up the excitement in 2023 and heading into 2024 with a multi-channel marketing push. We are covering Google, social media, and a reinvigorated campaign to meet our existing, dormant, and new customers face to face.” Keith continues, “As Minuteman Head Office puts it, there's direct marketing, and then there's everything else! This is the fundamental tenet of our ongoing quest for year-on-year growth. We also strive to achieve this with careful consideration of our environmental footprint and the need to focus on sustainability, which is a big point of focus here in the UK.” Key Lessons Learned & Advice for Others Keith concludes by sharing, “The most gripping lessons we’ve learned in our 19-year journey are that marketing and nurturing new & existing customers is an unending adventure. It's about keeping focus on profitability and aligning your employees with stretching objectives and lofty goals. Innovating, problem solving, establishing new revenue streams, all with a view to support customers’ needs is what being a part of the franchise family is all about—boldly venturing into the unknown, setting sights high, and writing our success story, one thrilling chapter at a time.” For more information on Minuteman Press in King’s Lynn, England, visit https://minuteman.com/uk/locations/england/kings-lynn/ Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.co.uk Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

December 08, 2023 05:00 AM Eastern Standard Time

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Unbox Real Happiness in 2023: Don't Let Counterfeit Goods Ruin Your Holidays

YourUpdateTV

Click to view video accompanying this release: https://youtu.be/RDlTcMt-b7o Counterfeit goods are a problem all year long, but demand for gifts, household goods, and even health products means that the holiday season is an especially busy time for crooks. Counterfeit products cost consumers and the global economy over $500 billion dollars a year. Ahead of this holiday shopping season, the U.S. Chamber of Commerce, businesses, and law enforcement are helping to raise awareness among consumers about the dangers of counterfeit goods and how to avoid falling for scams, and instead “unbox real happiness.”  Families trying to save money AND create new holiday memories want the best deal possible. However, consumers must remain vigilant to ensure they receive authentic products. As the holiday shopping season kicks off, the U.S. Chamber of Commerce, U.S. Customs and Border Protection, and Amazon are helping to raise awareness among consumers about the dangers of counterfeit goods and how to avoid falling for scams and instead “unbox real happiness.”  As families do their best to save money and create new holiday memories, they continue to shop online in record numbers looking for the best deals. However, with this convenience, consumers must remain vigilant to be sure they receive authentic products. For more information about what you can do you can do to can do to shop smart this holiday season, make sure to visit www.USChamber.com/shopsmart Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

December 07, 2023 04:37 PM Eastern Standard Time

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International business rep.: CISCE establishes platform for global cooperation

China News Network

BEIJING, CHINA - Media OutReach Newswire - 7 December 2023 - China International Supply Chain Expo (CISCE), hosted by China Council for the Promotion of International Trade (CCPIT), was held in Beijing recently. Watch the 39-second video: http://www.ecns.cn/video/2023-12-06/detail-ihcvqepi7488707.shtml CISCE has established a new platform for global industrial cooperation and communication, said plenty of international enterprises. Their unwavering confidence in the Chinese market propels them to root themselves in this land and to be poised to provide products with higher quality for markets in and out of China. During the CISCE, 53 Fortune Global 500 companies, 57 Fortune China 500 companies, 25 top 500 Chinese private enterprises attended the exhibition. Apart from that, a bunch of specialized and sophisticated enterprises that produce new and unique products and hidden champions also took participation, presenting examples of supply chain cooperation between Chinese and international enterprises. "The inaugural supply chain expo is the right event at the right time," said Ngozi Okonjo-Iweala, director-general of the World Trade Organization. She further noted that some of the impacts faced by the supply chain actually exposed the fragility of the global production networks. Therefore, internationalization in global trade and supply chains should be strengthened, so that all links can play a role. CISCE is indeed a brand-new concept where everyone can find a place to seek out how to optimize supply chains so that's why such an Expo is significant, said Clas Neumann, Senior Vice President and Head of Global SAP Labs Network. As an open platform for international cooperation, CISCE has also sparked enthusiastic responses among global business community. Ge Yue, Apple's vice president and managing director of Greater China, said, "We have brought several very representative suppliers to the Expo. Of our top 200 global suppliers, 151 are in China." According to Zhang Yihao, president and CEO of GE Healthcare China, the advantages and resilience of China's supply chains are globally acknowledged. "Over the past 12 months, we have opened two new factories in China. China's supply chain offers significant advantages and plays a crucial role in stabilizing global business and trade development." Lily Guan is the President of Cargill China and she commended that CISCE has established an excellent platform that provides businesses with chances for them to communicate with government agencies, clients, and partners, enabling them to seize better opportunities and comprehend industrial trends. She further pointed out that Cargill continues to have a positive outlook on the Chinese market due to its paramount strategic significance. CISCE integrates trade, investment cooperation, innovation aggregation, and exchanges, aiming to build an open international cooperation platform that connects upstream, midstream, and downstream industries, facilitates integration among businesses of all sizes, fosters collaboration between enterprises, universities, research institutes and end-users, and promotes interaction between domestic and foreign enterprises. It vividly displays China's ongoing efforts in high-level opening-up and highlights the country's commitment to maintaining stability and connectivity in global industrial and supply chains, showcasing China's role as a responsible major player. During CISCE, over 360 conversations involving more than 15,000 participants have been held, with more than 20 results including reports, announcements and standards published. According to incomplete statistics, more than 200 cooperation deals and intention agreements have been reached, worth over a total amount of over 150 billion Chinese yuan. Contact Details Wen Tianxia guojixinwenbu@chinanews.com.cn

December 07, 2023 11:26 AM Eastern Standard Time

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