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Startups Set Sights on Supply Chain

Tech companies see a future in working on supply chain innovation, reports the Economist. 

FORTO SEEMS an unlikely tech darling. It does not make gadgets, build the metaverse, forge cryptocurrencies or launch rockets. The six-year-old startup from Berlin, whose main business is arranging the transport of cargo from one place to an other, has nevertheless managed to raise nearly $600m from venture capitalists. 

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NIST Issues Guidance to Keep Supply Chain Safe

The supply chain is vulnerable but there are ways to keep it safe, reports NIST.

A vulnerable spot in global commerce is the supply chain: It enables technology developers and vendors to create and deliver innovative products but can leave businesses, their finished wares, and ultimately their consumers open to cyberattacks

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Startups Could Be the Innovators of Supply Chain Change

Startups are working hard to solve the supply chain crisis, reports Reuters. 

Over the last two years a series of unexpected events has scrambled global supply chains. Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay deliveries of everything from bicycles to pet food.

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Companies Investing in Supply Chain Tech

According to DC Velocity, companies are investing heavily in supply chain technology.

Companies are reaping big rewards from their supply chain technology investments, a trend that is expected to accelerate this year, according to research from technology provider Cleo and research firm Dimensional Research, published this week.

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Better Integrated Supply Chains

According to Microsoft, Kraft Heinz has partnered with Microsoft to develop ways to accelerate the supply chain.

On Thursday, The Kraft Heinz Company (“Kraft Heinz” or the “company”) and Microsoft Corp. announced they are joining forces to develop solutions designed to accelerate the consumer goods giant’s transformation and enable a more resilient supply chain. 

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Amazon Investing in the Supply Chain

According to Silicon Angle, Amazon is investing $1 billion in companies that develop technology for the supply chain. 

Amazon.com Inc. today announced plans to invest $1 billion in companies developing supply chain technologies such as warehouse robots.

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Smart Packaging in the Supply Chain

According to Smart Industry, smart packaging could help ease supply chain backlogs.

Around the world, many are seeing massive supply chain problems that have products and resources on backorder or out of stock. 

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Is the IoT the Supply Chain Answer?

Could the Internet of Things help smooth out supply chain problems, reports CIO.

The supply chain havoc caused by the coronavirus pandemic has left an indelible mark on the minds (and businesses) of manufacturers, wholesalers, dealers and retailers.

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Small Business Supply Chain Performance to Rival Amazon

Startup Shipium is offering smaller business supply chain tech that rivals Amazon’s, reports Tech Crunch.

Consumers want their packages faster, but not every business has the kind of supply chain technology as Amazon or Walmart.

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Supply Chain Concerns Stay High

Supply chain concerns persist with repeated shutdowns in China, reports Logistics Management.

The ongoing Omicron variant-driven issues that have been plaguing key manufacturing and port hubs in China continue to raise supply chain concerns.

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