News (3576)
Outsmart Your Competitors with Logistics Supply Chain Software
Logistics supply chain software is a powerful tool for businesses to stay ahead of their competitors. It helps companies manage their supply chain operations, from ordering and inventory management to shipping and delivery. With the right software, businesses can streamline their processes and increase their efficiency. It can also help them reduce costs and increase their profits. By using logistics supply chain software, businesses can gain a competitive edge and stay ahead of the competition.
Read more...Unlock the Secrets of the Supply Chains of the Future!
Modern technology is needed to achieve modern outcomes, and this rings especially true for supply chains. According to research published in 2022 by McKinsey, nearly three-quarters of supply-chain functions rely on spreadsheets and more than half use SAP Advanced Planning and Optimization (APO), a popular but antiquated supply-chain-planning application. However, with the right technology, supply chains can become more efficient, reduce costs, and increase customer satisfaction. Gary Iles, senior vice president of marketing and business development at TraceGains, explains the DNA of the supply chains that will succeed in the future.
Read more...Innovations in Material Supply
American Elements CEO Michael Silver was featured on Episode 39 of The American Ceramic Society's (ACerS) Ceramic Tech Chat Podcast. The podcast aired on August 16, 2023 and was titled "Innovation in Material Supply: Michael Silver". In the podcast, Mr. Silver discussed how even the most advanced products start with raw materials. Michael Silver, president and CEO of American Elements, explained how he became involved in the materials supply chain and how American Elements is innovating to meet the needs of the industry.
Read more...Will Apple Vision Pro's Success Lead to LG Display Joining the Supply Chain?
Apple Vision Pro, Cupertino's spatial computer, is expected to hit the US market in early 2024. According to DNYUZ, it will be tough for customers to get their hands on this product, as LG Display is waiting to see if the product is successful before joining the supply chain. LG Display is one of the world's largest manufacturers of display panels and is a key supplier to Apple. If the Apple Vision Pro is successful, it could open up new opportunities for LG Display.
Read more...Food Safety: The Essential Role of Traceability
The National Provisioner recently published an article discussing the importance of traceability in the food safety landscape. Traceability is a critical component of food safety, as it allows food companies to identify and track food products from their source to their destination. This helps to ensure that food products are safe and of high quality. The article also outlines the various challenges that food companies face when implementing traceability systems, such as cost, complexity, and the need for reliable data. The article provides useful insights into the food safety landscape and the role of traceability in it.
Read more...FarMart Joins ONDC to Revolutionize India's Food Supply Chain
FarMart, India's fastest-growing intelligent food supply network, has joined the ONDC network to serve food manufacturing businesses in India with easy access to quality ingredients. Through this collaboration, FarMart and ONDC are jointly redefining the food supply chain landscape by seamlessly connecting food value chains across the country. FarMart currently has over 25 SKUs of processed products ranging from varieties of food grains, oilseeds, spices and pulses for food businesses. This collaboration will allow food businesses from all over the country to tap into FarMart’s wide network of 2 lakh+ village-level aggregators and 2,000+ processors.
Read more...FuturMaster Empowers Digital Transformation in the Middle East and North Africa Region
FuturMaster, a market leader in Supply Chain Planning and Trade Promotion Management & Optimization (TPx) solutions, has entered into a strategic Value-Added Reseller (VAR) agreement with DFYA, an innovative player in supply chain management. This partnership aims to amplify digital transformation across the Middle East and North Africa (MENA) region, with DFYA selling and implementing FuturMaster's advanced solutions.
Read more...Unlock Supply Chain Success With An Ecosystem-First Approach
In this Forbes article, Mahesh Rajasekharan, President and CEO of Cleo, explains the concept of supply chain convergence and why it is important. According to Gartner, supply chain convergence is the process of breaking down functional silos and optimizing business processes across traditional functional domains. This outside-in approach is designed to improve the customer experience, optimize revenue, and increase profit margins. Despite the best efforts of supply chain practitioners, many organizations are still struggling to achieve supply chain convergence. Rajasekharan suggests an "ecosystem-first" approach that focuses on collaboration and communication between stakeholders to achieve success. He believes that this approach will help organizations unlock the potential of their supply chain and drive greater value for their customers.
Read more...Used Car Market Faces Supply Crunch: Is This the New Normal?
The used-car market is still experiencing a shortage of vehicles even as the automotive sector recovers from supply chain woes that have plagued the industry since the onset of the COVID-19 pandemic. According to AutoNewsCanada, DesRosiers Automotive Consultants Inc. says dealers are having a hard time getting used cars and projects a slowdown in sales in the coming months. The latest estimates by DesRosiers show the 2023 sales of new cars at franchised used dealers are expected at 305 units per location, and at just 140 for independent used car dealers. This supply constraint is partly because people are holding on to their vehicles longer than usual, creating a bottleneck in the supply chain for used cars.
Read more...Linklogis 2023 Interim Results
On August 28, 2023, Linklogis Inc. (09959.HK, “Linklogis”) released 2023 interim results. The total transaction volume processed by Linklogis' technology solutions reached RMB142 billion, a year-over-year increase of 22%, and the total revenue and income from principal activities was RMB390 million. As of June 30, 2023, Linklogis’ cash reserves totaled RMB6 billion, and has partnered with 1,548 anchor enterprises and financial institutions. The total volume of supply chain assets processed by Anchor Cloud reached RMB88.4 billion, a year-over-year increase of 44%, and the total transaction volume of Multi-tier Transfer Cloud increased by 106%, reaching RMB55 billion. Linklogis also won the bidding for 15 projects for the comprehensive supply chain platforms of state-owned enterprises and leading private enterprises.
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