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News (3594)

Blockchain Will Be Part of Vaccine Supply Chain

Blockchain will most likely play a key role in distributing the Covid-19 vaccine worldwide, reports the World Economic Forum. 

Tackling COVID-19 will require the first-ever deployment of blockchain in the global distribution of a vaccine.

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Beauty Company Uses Wholechain

According to Glossy, beauty company Aveda is using Wholechain to track its vanilla bean supply chain.

Aveda is getting into blockchain technology to trace its vanilla bean supply chain.

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GS1 US Expands Offering to Help Small Businesses Capitalize on E-Commerce Opportunities

 GS1 US has expanded its product identification offering for small and micro businesses with the introduction of a single GS1 US Global Trade Item Number (GTIN). Ideal for businesses that are launching a new product, the new single identifier will provide a low-cost option to uniquely identify products and streamline the process for getting items ready for sale across retail and e-commerce channels.

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Ryder Systems Opens Venture Capital Fund for Supply Chain Tech

According to DC Velocity, Ryder Systems has created a $50 million dollar venture capital fund to help supply chain technology startups bring their products to market. 

Logistics and transportation provider Ryder System Inc. is predicting fast growth in supply chain technology and has created a $50 million venture capital fund to ride that wave, the company said today.

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Holiday Season Will Test Supply Chain

The agility of retailers supply chains will be tested this holiday season, reports Supply & Demand Executive. 

This holiday shopping season is shaping up to be unlike any experienced seen before. Amazon’s Prime Day marked the unofficial start of the holiday shopping season, and most major retailers are following suit with weeks of holiday promotions starting this month.

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Bringing More Tech into The Supply Chain

According to the Harvard Business Review, the supply chain disruptions brought on by the pandemic have shown companies that technology is the key to a stronger supply chain.

According to a March survey conducted by the Institute for Supply Chain Management, nearly 75% of U.S. companies reported supply chain disruptions due to coronavirus-related issues.

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Chewy.com Opens New Automated Facility

Chewy.com is opening its first automated fulfillment center, reports Supply Chain Dive. 

Chewy's fulfillment operation is in the early stages of a 180-degree turn. After years of research and searching, vetting and testing, the pet supplies e-tailer opened its first automated fulfillment center in Archbald, 

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Digitizing is Critical to Supply Chain Management

According to ReadWrite, in order to be more efficient companies need to digitize their supply chain management. 

Going by Deloitte’s report on the performance of SMBs in a digital world, the majority of SMBs have not digitized their supply chain management. Since much of the world has gone digital, this means that several SMBs remain backward and struggle with inefficiency in supply management.

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Llamsoft Brings Supply Chain Tech to Coupa Software

Llamasoft, a supply chain solution provider, has been acquired by Coupa Software, reports Digital Commerce 360.

Coupa Software Inc., a provider of cloud-based software designed to help companies manage their spending, is diving further into related supply chain technology with the acquisition of Llamasoft, whose technology helps companies like The Boeing Co., Nestlé and The Home Depot Inc. manage their supply chains.

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FedEx Ups Tech for Holidays

FedEx is readying itself for the holiday shipping deluge by adding new technology, reports Supply Chain Dive. 

Logistics networks are already bulging with volume brought on by a societal shift toward e-commerce during the coronavirus pandemic. But the deluge is only just getting started as peak season arrives.

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