News

News (3327)

The US and EU Partner on Supply Chain Issues

The new Trade and Technology Council represents a partnership between the US and the EU to keep the global supply chain working, reports Executive Government. 

The U.S. and the European Union on Tuesday formed a Trade and Technology Council (TTC) to build up global cooperation on digital issues, technology and supply chains, work on international standards development and support collaborative research efforts.

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Mastercard Has Blockchain Solution for Africa

Mastercard’s blockchain solution will bring visibility to Africa’s livestock supply chain, reports Supply Chain.

Greater visibility will be brought to Africa’s largely opaque livestock supply chain with the introduction of a new system powered by Mastercard’s blockchain-based Provenance solution.

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RFID and Other Technology to Track Inventory

Technology such as RFID can help companies keep better track of their inventory, reports Supply Chain Digital.

During the COVID-19 pandemic, global supply chains faced the challenge of rapidly adjusting their business priorities to new customer preferences. Local supplier backlogs, winter storms, and the Suez Canal backup in March underscored the need for efficiency and visibility across the supply chain.

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American Government Works to Secure Supply Chains

The United States government is crafting a plan to ensure the security of American supply chains, reports E & E News. 

The White House today released its plan to shore up U.S. supply chains, identifying the next steps to ensuring domestic access to critical minerals and laying out a blueprint for manufacturing electric vehicle batteries.

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Circulor Secures Funding

According to Coin Desk, sustainable supply chain tech company Circulor has secured funding to help it expand its operations. 

Sustainable supply chain technology company Circulor closed a $14 million series A funding round and will use the capital to further develop its platform and expand into North America and Asia. 

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Chip Shortage Could Drag On

According to Reuters, Intel is predicting its problems with its chip supply chain could last for several years. 

Intel Corp’s (INTC.O) CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics.

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Supply Chain Startup Gets $202mil in Funding

Project44, a supply chain tech startup, has secured $202 million in funding, reports PYMNTS.

Supply chain technology startup project44 has closed a Series E funding round with $202 million, according to a company blog post. The company is now valued at $1.2 billion.

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DHL Adding Robots to Warehouses

According to Supply Chain Digital, DHL is implementing a number of robotic solutions into its warehouses. 

The leading logistics company within the Deutsche Post DHL Group, DHL Supply Chain, announced it would be implementing a large number of robotics into its warehousing.

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Cold Chain Gets UPS Support

UPS is offering cold chain support, reports Supply Chain Dive. 

The cold chain for the COVID-19 vaccine was notoriously fickle. This was especially true of the Pfizer vaccine, which required the use of a specially designed insulated box with dry ice inside to keep the temperature at minus 70 degrees Celsius for up to 10 days.

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Dell Technologies Worries About Supply Chain

Continuing worries about their supply chain cause Dell Technologies to lower earning expectations, reports SDX Central. 

Dell Technologies reported record-high revenue during the first quarter of its fiscal year 2022, but warned analysts that ongoing supply chain challenges will impact its outlook for the remainder of the year.

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