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Covid Exposes Supply Chain Flaws

Thanks to Covid retailers have learned some valuable lessons about vulnerabilities in the supply chain, reports Retail Information Systems. 

Blind spots were exposed in the retail supply chain during the pandemic. The RIS Supply Chain Technology Study 2020 identifies them and recommends investments to help retailers recover quickly from future disruptions.

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Adding Mobility to Supply Chain

According to Logistics Management, companies are moving to add more mobility solutions to their supply chains.

Over the last few months, global supply chains have faced disruptions the likes of which most companies have never seen before.

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Fashion Industry Eyes Blockchain

The fashion industry is hoping blockchain brings more transparency to the supply chain, App Invent IV.

The breach-proof record-keeping technology is being used for bringing transparency in the fashion industry supply chains, tracking the welfare of factory workers, and transferring the ownership of digital fashion, among a plethora of other areas which are the industry’s constant irrespective of what is in trend. 

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Supply Chain Gets AI

According to Freight Waves, XPO Logistics is applying machine learning to its platform to help its customers anticipate inventory shortages. 

XPO Logistics (NYSE: XPO) is leveraging technology solutions to meet shippers’ demand for speed and agility, along with inventory management and reverse logistics, as the coronavirus pandemic continues to accelerate interest in e-commerce purchases.

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Teletrac Navman Launches Next Generation AI-Based Real-Time, Predictive Telematics Platform

Teletrac Navman, the global market leader in telematics technology, today announces the release of its next generation solution TN360. Powered by artificial intelligence, TN360 delivers telematics functionalities in real-time, providing businesses with simplified, smart, predictive and actionable insights.

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Restaurants Seek to Eliminate Food Waste

According to Restaurant Technology, restaurants are searching for technology investments that they can make to help them fight food waste in their supply chain.

Every year, roughly 63 million tons of food waste is sent to landfill in America, and with costs of around $218 billion to grow, process, transport, and subsequently dispose of that organic produce, it’s an expensive habit that needs to change.

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New York Gives Supply Chains a Boost

New York is providing funding to organizations that provide critical services during the pandemic, including those that keep the PPE supply chain functioning,  reports Niagara Frontiers Publications.

Gov. Andrew Cuomo announced $2.3 million in federal CARES Act funding for four organizations to provide critical services to small and mid-sized manufacturers as they adapt to changing market conditions amidst the COVID-19 pandemic. 

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Washington Begins VPP Process

According to Washington Technology, the General Services Administration has started phase 1 of their verified products portal. 

The General Services Administration recently issued an RFI regarding their catalog management processes and product data details. What is driving this market research, and why should OEMs care?

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Small Businesses Can Improve Supply Chain Management

According to the Herald Dispatch, small businesses are often at a disadvantage regarding supply chain management. 

Small businesses can be at a distinct disadvantage when it comes to supply chain management during the COVID-19 pandemic, according to Avinandan Mukherjee, Dean of the Lewis College of Business at Marshall University that is home of the Brad D. Smith Schools of Business.

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Government Cracks Down of Risky Vendors

New regulations from the Office of Management and Budget give agencies the tools to bar companies that pose a security risk to the federal supply chain, reports Washington Technology. 

The Office of Management and Budget has released an interim regulation outlining the interagency process that will allow agencies to bar companies from federal contracting when they constitute a supply chain security risk.

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