News (3582)
Making the Cold Supply Chain Better
According to CEOWorld, there are several cold supply chain issues that technology can help fix.
Throughout the last year or so, the words “supply chain” have entered the common vernacular. It’s difficult to get away from news about supply chain disruptions, shortages, bottlenecks, and the like. But what many of those reports tend to gloss over is the importance of the cold chain. The cold chain (or cold supply chain) is the part of the regular supply chain that governs transporting items requiring refrigeration or being held at certain temperatures.
Read more...Gold Industry Turns to Blockchain
The gold industry is testing blockchain as a way to monitor the gold global supply chain, reports Insider.
Two major gold groups on Monday launched a pilot program to digitally monitor gold moving through the global supply chain as a way to ensure authenticity and bolster transparency within the market for the precious metal.
Read more...Clear Acquires Xpedize
Clear, a SaaS and tax filing firm, has acquired supply chain finance startup Xpedize, reports Pymnts.
Software-as-a-service (SaaS) and tax filing firm Clear closed an acquisition deal for supply chain finance startup Xpedize for undisclosed terms, according to a press release on Wednesday (March 16).
Read more...Technology is the Answer to Supply Chain Problems
In order to survive post-pandemic companies will have to leverage technology to smooth out their supply chains, reports Biz Tech Magazine.
When the pandemic arrived two years ago, retail was one of the hardest-hit industries. As retailers grappled with store closings and labor shortages, supply chain disruptions catapulted to the top of their list of challenges, and those issues haven’t subsided since.
Read more...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...
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