News (3583)
Customer Service Remains #1
According to T HQ, customer service remains a top priority for companies looking to invest in supply chain technology.
Given that it can be the pivotal difference between driving a healthy profit for an organization, or bleeding it dry, it would be safe to assume cost-saving would be the top priority when it comes to investing in and innovating supply chain technology
Read more...Shippers Turn to Smart Containers
Industry experts are forecasting an uptick in “smart container” shipping, reports JOC.com.
Forecasts for an uptick in the use of sensor-enabled ocean containers by shipping lines over the next few years varies widely depending on views of how integral the resultant technology will be to managers of containerized supply chains.
Read more...Walmart Invest in Workforce
According to Supply Chain Dive, Walmart is making significant investments in training supply chain workforce.
Walmart has invested in a number of training and workforce development-related programs, for supply chain and other employees.
Read more...Technology Improving Supply Chains, but Work Remains
Technology is improving the supply chain, but there is still much room for improvement, reports Fleet Owner.
Shippers and third-party logistics providers are better utilizing technology to improve the overall supply chain, but many believe there is much room for improvement, according to a new report.
Read more...New GS1 US Research Reveals 59% of High-Growth Small Businesses See Direct Correlation Between Sales Growth and Complete Product Information
A new study titled “Charting the Growth Journey: From Product to Profitable Business,” conducted by GS1 US® in collaboration with Longitude, a Financial Times company, found that 59% of high-growth small business owners see a direct correlation between providing complete product information (such as images, product origins, and more) in their online listings with the number of products sold. These growth leaders are defined as having achieved more than 25% growth in the past year.
Read more...Using Technology To Track Shipments
According to Digital Supply Chain, Accenture is working with DB Cargo to use technology such as IoT to track their items in transit.
The opportunity to increase revenue with analytics solutions, which are powered by Splunk, identifies trends and improvement opportunities from enterprise data
Read more...Supply Chain Startups Gain Funding
According to Supply Chain Dive, supply chain startups have received $12 billion dollars in funding in 2018.
The report outlines some deals it considers to be "notable," such as the funding given to the India-based Delhivery ($115 million), the United Kingdom-based Starship Technologies ($40 million), the U.S.-based Loadsmart ($19 million) and Nike's acquisition of the data science firm, Celect
Read more...New Blockchain Finance Tool
Trado is a new blockchain finance enterprise, reports Global Trade Review.
A consortium of international banks, corporates, fintech startups, an NGO and a research institution has released a new model for blockchain-enabled sustainable supply chain finance, called Trado.
Read more...Supply Chains are Critical
The supply chain isn’t just about getting products where they need to be, reports Pymnts.com. It has become a criticalcomponent of a company’s strategy, reports Pymnts.com.
Supply chain management has morphed into a strategic business initiative combining technological adoption, event forecasting and even politics: awareness of its complexities has never been higher thanks to threats of a trade war between the U.S. and China, and its resounding impacts on other areas of the plane
Read more...Technology & The Supply Chain
Technology advancements continue to shape the supply chain, reports Logistics Management.
With no end in sight to the proliferation of advanced technologies, the supply chain software space is replete with acronyms that range from IoT to AI to ML to RPA, not to mention Big Data, blockchain and myriad other innovations.
Read more...
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