From the smallest business decisions to the largest ones, risk influences all that we do. But taking a risk is not exactly like spinning a roulette wheel, where luck is the primary ingredient for success. With use of the right tools, risks can carefully be calculated, controlled and managed, greatly reducing the variable of bad luck.

Logility Inc. has developed Logility Cloud Services for its menu of software tools aimed at supply-chain management.

A combination of rebounding sales and an unprecedented number of new models in the works has stretched the auto parts supply chain so taut that the entire industry is holding its collective breath that it does not snap and jeopardize the recovery.

Basware, a provider of electronic invoicing and purchase-to-pay applications, has released a mobile version of its InvoiceReady offering.