logo
Epicor unveils revolutionary solution designed to enable manufacturers to be sustainable

Epicor unveils revolutionary solution designed to enable manufacturers to be sustainable

Tahawul Tech22-05-2025
Epicor, a global leader of industry-specific enterprise software, has unveiled its new, patent pending Carbon Cost Rollup solution within Epicor Kinetic, the Epicor Industry ERP Cloud that is purpose-built for manufacturers.
The solution establishes 'Cost Rollup' methods from standard costing systems. Adapting this concept transforms carbon tracking by treating CO2 emissions as a currency, helping business leaders to calculate their compliance reporting to a high degree of certainty.
'Through feedback from our Customer Advisory Board members, it became clear there was a need for a simplified approach to environmental accountability and reporting in the manufacturing sector,' said Epicor Group Vice President, Kerrie Jordan. 'I am incredibly proud of our team's achievements in building a solution that addresses those needs and empowers organizations to mitigate climate change by prioritizing areas for emissions reduction and addressing their carbon footprint with the same precision and rigor as their financial costs. This marks a significant step forward in sustainability tracking for manufacturers.'
The process begins at the most fundamental level of the bill of materials and operations, calculating the carbon cost for each component. As it ascends through each tier, the cumulative carbon expenditure for the final product becomes clear.
This method not only simplifies the complex calculations associated with carbon accounting but also integrates seamlessly with existing cost accounting software, minimizing the learning curve for users.
The Epicor Carbon Cost Rollup solution is complementary to the company's collaboration with carbon intelligence platform Climatiq. In 2024, the companies announced the integration of Climatiq's carbon footprint calculation API across the Epicor portfolio to help businesses work toward sustainability goals without compromising profitability.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why US-Japan trade deal has fuelled scepticism on both sides
Why US-Japan trade deal has fuelled scepticism on both sides

The National

time27 minutes ago

  • The National

Why US-Japan trade deal has fuelled scepticism on both sides

The US and Japan have struck what President Donald Trump claims is the "largest trade deal in history". Japan will now pay 15 per cent tariffs on exports to the US, as opposed to the 25 per cent threatened by the Trump administration previously. That is in addition to other concessions that would address the US trade deficit with Japan. The agreement has been poised as a win-win for the world's biggest and third-biggest economies, but those affected by the deal have voiced a more critical view of how it will work against US car makers and more. The fix? Under Wednesday's US-Japan deal, Japan will invest – "at my direction", Mr Trump said – $550 billion into the US economy, "which will receive 90 per cent of the profits". Japan will also grant access to other key goods including cars, lorries, rice and "certain other agricultural products and other things". It is unclear what those "other things" are. In addition, Mr Trump claims the agreement will lead to the creation of "hundreds of thousands" of jobs. In return, among other things, Japan will allow more US-made vehicles in to compete with its own stable of car manufacturers. "This is a very exciting time for the United States of America, and especially for the fact that we will continue to always have a great relationship with the country of Japan," Mr Trump added. Japan's reaction Japanese Prime Minister Shigeru Ishiba said the deal would be "positive" for the global economy, although he stressed that his government needed to "examine the details" before finally endorsing it. 'We believe that this will contribute to the creation of jobs, the production of good products and the fulfilment of various roles in the world through the mutual co-operation of Japan and the US,' he said. Ryosei Akazawa, Japan's chief trade negotiator, earlier this month said Japan would not agree to a deal unless the US reversed tariffs on cars, stressing: 'There is no point in striking a deal with the US without agreement on auto tariffs'. Japanese markets embraced the outcome, however: car maker shares, in particular, are surging. As of 10.33am UAE time, Nissan's stock is up nearly 8 per cent, Honda jumped 10.6 per cent and Toyota, the world's biggest car manufacturer, leapt 14.14 per cent. At least for now, the deal "looks to be a positive outcome for Japan", said Carol Kong, a currency strategist at Commonwealth Bank of Australia. But convincing Japan, a major trade partner, to agree might be more of a victory for Mr Trump in his trade tariff saga. Politically, however, the timing is "unfortunate", according to Kazutaka Maeda, an economist at the Meiji Yasuda Research Institute in Tokyo. Had Mr Ishiba – who is under pressure to leave office after his party lost its majority in elections at the weekend – finalised the deal before Sunday's upper house vote, "it might have bolstered his party's performance", Mr Maeda said. US caution While indeed Mr Trump seemed excited about the agreement, there have been cautionary messages from other US parties affected. Federal Reserve chairman Jerome Powell – who has been at long-running odds with the President – has repeatedly warned that Mr Trump's tariff policies, including the one with Japan, may temporarily raise inflation and "more persistent" pricing pressures. Expectations for inflation targets continued to drop in the US: last week, government data showed the consumer price index rose to 2.7 per cent in June, from 2.4 per cent – still below the Fed's 2 per cent target. Even the US car industry is sceptical: US stalwarts General Motors and Ford, and French major Stellantis, have said the deal is uneven. The argument is that while Japanese vehicles now enjoy a lower 15 per cent tariff, maintaining the 25 per cent levies on those from Canada and Mexico, America's two biggest trading partners, may harm not just the North American auto industry, but also affect its workers. "Any deal that charges a lower tariff for Japanese imports with virtually no US content than the tariff imposed on North American-built vehicles with high US content is a bad deal for US industry and US auto workers," said Matt Blunt, governor of the American Automotive Policy Council. Background While the US and Japan have been close trading partners for a long time, they have never had a comprehensive bilateral free-trade agreement. Japan is America's sixth-biggest trading partner, the biggest holder of US Treasury securities and a major source of foreign direct investment, according to the US Bureau of Economic Analysis. US exports to Japan hit $129 billion in 2024, with imports clocking in at $192 billion, BEA data shows. That resulted in the US running a $69.4 billion trade imbalance – also known as a negative trade balance or deficit – with Japan, according to the US Census Bureau. An imbalance happens when a country imports more than it exports. On April 2, Mr Trump announced a 25 per cent tariff on Japanese imports, in addition to 50 per cent on steel and 25 per cent on vehicle imports from most countries, including Japan. At the time, Mr Ishiba called the tariffs "disappointing" but it did set the stage for Japan, and other countries to come to the negotiating table with the US.

Hala reports strong H1 growth driven by operational efficiency and customer focus
Hala reports strong H1 growth driven by operational efficiency and customer focus

Zawya

timean hour ago

  • Zawya

Hala reports strong H1 growth driven by operational efficiency and customer focus

Ras Al Khaimah trips grow 11.3% as Hala users rise 15% Hala adds 250 vehicles in H1; 600 more planned 90% of Hala fleet now hybrid; EV trips cut 272.61 metric tons CO₂e Dubai, UAE – Hala, the region's leading e-hailing taxi service and a joint venture between the Roads and Transport Authority (RTA) and Careem, has reported strong performance in the first half of 2025, driven by solid growth in taxi trips, enhanced service quality, and continued progress on sustainability and operational efficiency. Growth and Performance According to Hala's operational data, trips during peak months in Dubai increased by 12%, alongside a 10% rise in active users, indicating steady and healthy demand for reliable, on-demand transportation. In Ras Al Khaimah, a similar pattern emerged, with trip volumes up 11.3% and user numbers increasing by 15%. This growth mirrors wider mobility trends across the UAE, where tourism has remained strong, domestic travel continues to rise, and residents are increasingly turning to e-hailing to complement existing transport options. As city infrastructure evolves to accommodate this momentum, Hala's ability to scale supply without compromising performance or reliability reinforces its role as a core part of the region's urban transport network. Importantly, this growth has not come at the cost-of-service quality. Customer satisfaction remained consistently high at 4.9 out of 5, backed by 98% of all rated trips being marked 'Good' or better - a direct reflection of the professionalism, courtesy, and local knowledge of Hala's captains. Even during periods of high demand, Hala maintained an average estimated time of arrival of under 3 minutes in peak areas and delivered a 93% trip fulfilment rate. Expansion & Sustainability Efforts Hala also expanded its fleet by 250 vehicles during H1, with a further 600 set to be deployed in the coming months. As part of its push toward greener mobility, the company also introduced four new electric vehicles, bringing the overall fleet composition to 90% hybrid. Trips completed by Hala EVs led to an estimated emissions reduction of 272.61 metric tons of CO₂e. By increasing the availability of low-emission vehicles, Hala is making sustainable transport choices more accessible to riders while contributing to broader environmental goals. Operational Consistency Additionally, operational performance showed clear improvements according to the data. Customer contact rates dropped by 13%, low-rated trips (1–3 stars) declined by 25%, and cancellations fell by 17%. These gains were driven by initiatives such as increased taxi supply, closer coordination with franchise partners, and customer experience enhancements, including hygiene standards and curated in-car fragrances, developed through a partnership with fragrance brand Rituals. To help maintain this level of consistency, Hala is continuously investing in Captain training. Over 2,600 new Captains were onboarded in H1 and trained across operational and service modules, while more than 6,000 existing Captains completed refresher training. The sessions focused on the overall customer experience and ride quality, which contributed directly to improved trip ratings and reduced cancellations. Commenting on the strong H1 results, Khaled Nuseibeh, CEO of Hala, said: 'We're proud of the momentum achieved in H1, but more importantly, we remain focused on continuous improvement. These results reflect our commitment to raising the bar for mobility in every city we serve. Whether it's through Captain Care, listening to our riders, or investing in greener mobility, we are scaling in a way that is sustainable, responsive, and responsible.' Captain Well-being A cornerstone of Hala's growth is its emphasis on the well-being of its Captains, who benefit from ongoing development opportunities such as regular training on safety, tech, and service standards, alongside support mechanisms for physical and mental well-being. Top-performing Captains are regularly recognised and rewarded, while flexible scheduling options and financial support programmes are in place to help them balance their personal and professional lives. As demand for tech-enabled, reliable transport continues to grow, Hala remains focused on delivering measurable impact across convenience, service quality, and environmental responsibility. Integrated within the Careem app, Hala continues to play a key role in strengthening urban mobility in Dubai and Ras Al Khaimah. About Hala Hala is Dubai's most convenient e-hailing taxi solution, easily booked through the Careem app. A joint venture between Careem and the Roads and Transport Authority (RTA), Hala leverages Careem's ride-hailing technology and the local knowledge of the RTA to provide the most reliable and convenient rides across Dubai and Ras Al Khaimah. With a motivation to continuously elevate customer experience in public transportation, Hala has unlocked this incredible region by keeping Dubai connected and moving. Media Contact: Tessy Mathew at Q Communications Tessy.m@

Ciena accelerates sustainable network transformation in line with UAE and Saudi Arabia's green ambitions
Ciena accelerates sustainable network transformation in line with UAE and Saudi Arabia's green ambitions

Zawya

timean hour ago

  • Zawya

Ciena accelerates sustainable network transformation in line with UAE and Saudi Arabia's green ambitions

Dubai/Riyadh – Amid a surge in AI applications and network traffic, Ciena® (NYSE: CIEN), the global leader in high-speed connectivity, is driving sustainable innovation, circular practices, and efficiencies across its supply chain and operations, supporting the demand for high-performing, low-carbon networks in the Middle East and helping the region's Net Zero targets and Vision 2030 goals. Ciena's latest Sustainability Report spotlights innovations enabling network operators to reduce energy, waste, and material use while meeting increasing network capacity and performance needs. By focusing on these core areas, Ciena is driving meaningful progress and contributing to global and regional efforts to combat climate change. 'Leading hyperscale and cloud providers have made significant investments to launch data centers in Saudi Arabia to securely store content, run workloads and offer higher speeds for customers. This year alone, over $10 billion has been pledged for data center build outs in the country,' said James Crawshaw, practice leader, Omdia. Both the UAE and KSA have been accelerating their ambitions to become regional data centre powerhouses. Meanwhile, other local data centers in Ajman and Abu Dhabi will support burgeoning AI workloads. These developments require the network to scale sustainably to meet the needs of AI data center hubs. 'Ciena is at the forefront of creating modern architectures and implementing network optimizations to ensure our customers can maintain peak capacity and support evolving connectivity needs,' said Virginie Hollebecque, Vice President and Leader of Europe, Middle East and Africa at Ciena. 'As both the UAE and KSA accelerate their sustainability ambitions in line with global standards, Ciena is committed to meeting capacity demands while minimizing environmental impact. We are working with network operators to optimize optical network infrastructure and strategically support the evolution of AI data center hubs.' Ciena's WaveLogic 6 Extreme reduces power consumption per bit by 54%, enabling operators to scale sustainably. Earlier this year, e& UAE, deployed WaveLogic 6 Extreme (WL6e) on its optical network, boosting the network with ultra-high speed 400G client infrastructure connectivity, and supporting 10 Gb home services and wholesale and domestic business customer traffic with 100G and 400G requirements. Through Ciena's Adaptive Network vision, with programmable infrastructure and real-time telemetry data, advanced analytics, and AI, the network can constantly learn and improve efficiency, driving greater sustainability. Furthermore, its Blue Planet Intelligent Automation Portfolio and Navigator Network Control Suite deliver actionable insights, harnessing this real-time streaming telemetry data through open, industry-standard APIs. In addition to working with network operators to transform and scale their networks to optimize capacity and efficiency while reducing energy, Ciena supports circular practices. It is increasing the use of recycled plastics and using halogen-free printed circuit boards in its product design to reduce environmental impact. Its redesigned packaging now uses a minimum of 70% recycled content and to reduce emissions from both material use and shipping. About Ciena Ciena is the global leader in high-speed connectivity. We build the world's most adaptive networks to support exponential growth in bandwidth demand. By harnessing the power of our networking systems, components, automation software, and services, Ciena revolutionizes data transmission and network management. With unparalleled expertise and innovation, we empower our customers, partners, and communities to thrive in the AI era. Note to Ciena Investors You are encouraged to review the Investors section of our website, where we routinely post press releases, SEC filings, recent news, financial results, and other announcements. From time to time, we exclusively post material information to this website along with other disclosure channels that we use. This press release contains certain forward-looking statements that are based on our current expectations, forecasts, information, and assumptions. These statements involve inherent risks and uncertainties. Actual results or outcomes may differ materially from those stated or implied, because of risks and uncertainties, including those detailed in our most recent annual and quarterly reports filed with the SEC. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies and can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store