News (3582)
Neiman Marcus Spends on Supply Chain
According to Biz Women, Neiman Marcus is making a significant investment in supply chain technology.
Neiman Marcus Group said it will invest $85 million in supply chain innovation and technology in an effort to become “the preeminent luxury customer platform.”
Read more...Technology is Transforming Retail Supply Chain
Technology is changing the retail supply chain in many ways, reports Total Retail.
While e-commerce sales were expected to reach $4.2 trillion by the end of 2020, a big part of that money goes to waste due to inefficient processes.
Read more...Digital Transformation Needs to Happened
According to Forbes, the pandemic has shown that the ‘digital transformation’ of the supply chain is not a want, it is a need.
Covid-19 has upended our lives, and there is hardly an industry that has not been shaken by the pandemic.
Read more...Micro Fulfillment Centers on the Horizon
An Israeli company is testing a ‘micro-fulfillment center’ that will turn empty retail space into fulfillment centers, report Supply Chain Digest.
For several years, some retailers have used “dark stores” – retail spaces in which they have closed a store but still own the lease – as efulfillment centers for on-line orders.
Read more...Unilever Trials Travel Factory
Unilever wants to add more flexibility to its supply chain with a ‘travel factory’, reports Supply Chain Digital.
A ‘travel factory’ housed inside a 40ft shipping container could be the next step in Unilever’s ambition to increase flexibility in its production lines.
Read more...Keeping the Vaccine Supply Chain Safe
According to Forbes, the companies involved in the supply chain for the Covid vaccine need to ramp up their security against cyber threats.
Having developed Covid-19 vaccines in a fraction of the time it takes to create new treatments, pharmaceutical companies need to protect the priceless IP, supporting data and supply chains from cyberattacks.
Read more...Turvo and Lineage Logistics Partner
According to the American Journal of Transportation, Turvo and Lineage Logistics have formed a partnership to provide a unified and fully integrated supply-chain technology solution.
Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, announced the launch of Lineage Link through a partnership with Turvo, a leading provider of collaborative logistics software designed for global supply chains.
Read more...New Technologies for Supply Chains
2021 could see several new supply chain technologies come into wide use, reports Strategic Sourceror.
The new year is well underway and many businesses within the supply chain are trying to set themselves up for success in the months ahead. After a 2020 that was filled with ups and downs, to say the least, some firms may now feel as though they're in a better position to make strategic investments in technology that allow them to take an all-important next step.
Read more...Retailers Lagging On Supply Chain Tech
According to Chain Store Age, a new survey reveals that a majority of retailers have yet to implement technology solutions to improve their supply chain.
New data indicates most retailers have not yet implemented solutions and processes to maximize their usage of supply chain data.
Read more...HashCash Starts Diamond Supply Chain
According to Yahoo Finance, HashCash is starting its own global diamond supply chain.
HashCash Consultants collaborates with a renowned global US-based diamond supply chain company to help them launch their ICO. The company aims to reshape the global diamond supply chain with consortium lending and traceability.
Read more...
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