- Kraft Heinz Co (NASDAQ:KHC) has partnered with Microsoft Corp (NASDAQ:MSFT) to develop digital solutions for the supply chain process.
- The multi-year cloud and AI agreement will focus on joint innovations across Kraft Heinz operations and product portfolios.
- Kraft Heinz will migrate most of its global data center assets to the Microsoft Azure cloud platform and its enterprise resource planning (ERP) software to SAP on Azure.
- Through this adaptation, Kraft Heinz expects to reimagine its day-to-day operations, create a more collaborative supply chain, and improve consumer experiences by using real-time predictive analytics to enhance inventory transparency and anticipate consumer and channel demand.
- Price Action: KHC shares traded higher by 2.32% at $44.36 on the last check Thursday.
J.Jill: Q1 Earnings Insights
J.Jill (NYSE:JILL) reported its Q1 earnings results on Wednesday, June 8, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
