News (3592)
Data Analytics Can Improve Supply Chain
Data analytics can help improve the supply chain, reports CIO.
Data-driven supply chains continues to be a hot topic, given what’s happened over the last couple of years with the pandemic, lockdowns, transportation woes, container ships held outside ports, war in Ukraine and other issues wreaking havoc. Problems caused by these events are ongoing, but if addressed from a proactive rather than reactive standpoint, there are ways to mitigate their detrimental impact, especially when the analytics and processes become clear.
Read more...Chicago Becomes Logistics Tech Hub
According to Forbes, Chicago is becoming a logistics tech hub.
Uniquely positioned as the nation’s crossroads for moving freight via air, rail, and truck, the Windy City has long been a global leader in the Transportation, Distribution and Logistics (TD&L) industry, so it is no surprise to learn that Chicago has become a Logistics Tech leader.
Read more...Amazon Acquires Cloostermans
Amazon has acquired mechatronic company Cloostermans, reports About Amazon.
Innovation is central to how we strive to be Earth’s Best Employer, and Amazon continues to invest in technology that helps make work at our operations safer, simpler, and more productive. As we continue building next-generation workplace technology, we are excited to have signed an agreement for Amazon to acquire Cloostermans.
Read more...RFID and Supply Chain Operation
According to Tech Target, companies are reexamining ways that RFID could help in their supply chain operations.
RFID has existed for many years, but the technology still has applications today and can potentially help companies improve their supply chain operations.
Read more...Cloud Solution Company Wins Amazon Competency
StratusGrid, a cloud solutions company, wins Amazon’s Supply Chain Competency designation, reports Frieght Waves.
Powerhouse logistics companies require powerhouse technology solutions.
A company’s core programs and applications are central to its daily business operations, and innovative software can be essential to unlocking new markets and revenue streams. On the other hand, inefficient and outdated systems and software may impede peak operating potential and business growth.
Read more...Expectations for Tech at Peak
New report from Gartner shows expectations for supply chain tech at its peak, reports Supply Chain Digital.
A Gartner ‘hype cycle’ report on supply chain strategy – designed to separate reality from hype – suggests expectations around technology are at a peak.
Read more...Tech Prevents Delays
According to Solutions Review, supply chain technology prevents delays.
There will always be a need for speed in terms of shipping times. From outpacing competitors, stocking shelves, and preventing spoilage to minimizing the time spent managing logistics so that other tasks can be handled, speed and efficiency are paramount in shipping
Read more...Tracking Supply Chain Performance
New MerQube Freight Waves Index tracks the performance of the supply chain and logistics industry, reports FreightWaves.
The MerQube FreightWaves Supply Chain Tech Index — the first index to track the performance of the supply chain and logistics industry — was launched Tuesday. Companies on the index have a minimum float market cap of $500 million and a minimum average daily value traded of $3 million
Read more...Big Retailers Invest in Supply Chain Tech
Big retailers like Walmart, Amazon and Target are spending money on improvin their supply chain tech, reports CNBC.
When the economy slows down, the classic response for consumer businesses is to cut back: slow hiring, maybe lay off workers, slash marketing, or even slow the pace of technology investment, delaying projects until after business has picked up again.
Read more...The Global Supply Chain Needs Tech Boost
The global supply chain is in need of a serious technology upgrade, reports Forbes.
I’ve often spoken about the manual state of the global supply chain, but many in the industry are still unaware of how big this problem is.
Read more...
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