News (3575)
Tesla Resparks Interest in Blockchain
Tesla’s purchase of cryptocurrency is bringing attention to blockchain once again, reports ZD Net.
This week, Tesla announced it purchased $1.5 billion of the cryptocurrency Bitcoin. The company even hinted that customers might soon have the option to pay for their cars with Bitcoin. Welcome to 2021, where nothing makes sense anymore.
Read more...Supply Chain Could Bounce Back with Covid
According to Supply Chain Digital, artificial intelligence may help the supply chain bounce back from Covid.
COVID-19 has put unprecedented strain on companies all over the world, disrupting workflows, exposing vulnerabilities, and forcing executives to rethink longstanding strategies.
Read more...Hack Probe Reveals Supply Chain Flaws
Details revealed in the Supermicro Hack probe shows how vulnerable the global supply chain is, reports Bloomberg.
In 2010, the U.S. Department of Defense found thousands of its computer servers sending military network data to China—the result of code hidden in chips that handled the machines’ startup process.
Read more...Investing in Tech is Necessary
According to ZD Net, the chaos caused by Covid-19 should prove to businesses that investing in supply chain tech is crucial.
Where does supply chain risk rank in the hierarchy of priorities in the grand scheme of a firm's business strategy? We often think of supply chain strategy as wholly independent from business strategy and risk management strategy as an altogether separate abstraction layer.
Read more...Blockchain Brings Transparency to Battery Supply Chain
Polestar is using blockchain to bring transparency to its battery supply chain, especially in regards to cobalt, report The Next Web.
Annual car sales are unlikely to reach pre-COVID-19 levels anytime soon. In fact, experts say that the rate of recovery is forecasted to be a result of a slowdown in internal combustion engine (ICE) vehicles, with electric vehicles gaining a positive trajectory during the pandemic recovery period and beyond.
Read more...Automakers Rethinking Chip Supply Chain
Auto chip manufacturers consider adding artificial intelligence to their supply chain to prevent future chip shortages, reports Fierce Electronics.
The continuing auto chip shortage has caused automakers to shut assembly lines temporarily around the globe, including General Motors and Ford recently.
Read more...Reimagined supply chains emerge from global crisis as enterprises focus on data insights to mitigate risk
New research from Orange Business Services found that the supply chains in 40% of multinational corporations were unable to cope with the crisis created by the pandemic. The survey of 320 enterprises, focusing on the manufacturing, transport and logistics sectors, revealed that the global crisis has dramatically changed attitudes to risk.
Read more...Neiman Marcus Spends on Supply Chain
According to Biz Women, Neiman Marcus is making a significant investment in supply chain technology.
Neiman Marcus Group said it will invest $85 million in supply chain innovation and technology in an effort to become “the preeminent luxury customer platform.”
Read more...Technology is Transforming Retail Supply Chain
Technology is changing the retail supply chain in many ways, reports Total Retail.
While e-commerce sales were expected to reach $4.2 trillion by the end of 2020, a big part of that money goes to waste due to inefficient processes.
Read more...Digital Transformation Needs to Happened
According to Forbes, the pandemic has shown that the ‘digital transformation’ of the supply chain is not a want, it is a need.
Covid-19 has upended our lives, and there is hardly an industry that has not been shaken by the pandemic.
Read more...
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