News (3592)
Increasing Fashion Traceability in the Supply Chain
According to Forbes, the fashion supply chain can increase traceability with the use of artificial intelligence.
Call it an example of the government stepping in to do the will of the people. As we speak, the European Commission is working to implement its Product Environmental Footprint (PEF) program, which, when it becomes law, will require companies to calculate and disclose the environmental impact of their products by tracing their origins through supply chains.
Read more...Solving Optimism Bias
According to EPS News, optimism bias is preventing companies from seeing the threats to the supply chain, but technology can help solve that problem.
Believe it or not, our supply chains have become highly technical. Technological advancements in supply chains have led to significant gains in efficiencies as well as improved accuracy and tracking capabilities.
Read more...Platform Silq Raises Funding
According to WWD, supply chain tech company Silq has raised $17 million in funding for expansion.
With an eye on expanding its global footprint of manufacturer partners as well as strengthening its team and platform capabilities, supply chain technology company Silq said it has raised $17.6 million in Series A funding.
Read more...Supply Chain is Target of Cyber Attacks
The supply chain is becoming a more frequent target for cyber criminals, reports Computer World.
A year ago, the SolarWinds attack brought software supply-chain attacks to the forefront of the news. Now, new incidents are emerging on a weekly basis.
Read more...Luxury Goods Platform Wants Smooth Supply Chain
New platform aims to keep the luxury goods supply chain flowing, reports VentureBeat.
The pandemic threw — and continues to throw — supply chains into a state of chaos. According to a 2021 Statista survey, 50% of shippers said that they were struggling to cut transportation costs, a challenge that’s only going to increase as Russia’s invasion of Ukraine impacts global fuel prices
Read more...Ukraine Invasion Adds More Supply Chain Problems
The invasion of Ukraine is bringing more trouble to the supply chain, reports Forbes.
Fragile and sensitive supply chains are facing new challenges in the aftermath of Russia’s invasion of Ukraine. But as bad as things are now, they are likely to get worse for hundreds of thousands of businesses around the world.
Read more...Hybrids Delayed at Indy
IndyCars hybrid rollout is delayed due to supply chain issues, reports WIBC.
The NTT IndyCar Series announced over a year ago that the series would be moving to a new engine formula by 2023. The engine formula, being developed by both Honda and Chevrolet, consists of a 2.4-liter V6 twin-turbocharged engine with hybrid technology. It would be similar to what you already see on a standard Formula One car.
Read more...Apple's Supply Chain In More Danger
Will Apple’s supply chain be able to survive the latest blow to the supply chain, reports Computer World.
Russia’s invasion of Ukraine this week will likely mean an increasing list of economic sanctions that affect everyone, including the technology supply chain that depends on Ukraine for some critical raw materials used in chip manufacturing.
Read more...Military Uses 3D Printing to Solve Supply Chain Problems
The US Military is considering using 3D printing to help solve supply chain woes, reports Forbes.
Keeping mission-critical supply chains running is nothing new to military operations. But when contracted manufacturing partners struggle to overcome pandemic-induced backlogs, raw materials are stuck in ports, and chip shortages halt production lines, the U.S. military turns to 3D printing to get essential parts and components.
Read more...Russian Sanctions Hit Supply Chain
Sanctions against Russia could further disrupt the already muddled supply chain, reports CIO Dive.
The Ukraine invasion threatens spillover cyber risk, with critical industries on high alert. However, sanctions on tech exports telegraph the long-term disruptions to come.
Read more...
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