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.

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.

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.