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NTT Data Service Acquires Chainalytics

According to Freight Waves, NTT Data Service has acquired Chainalytics.

NTT DATA Services has announced its intent to acquire supply chain consulting and analytics firm Chainalytics to reinforce its logistics consulting capabilities for its global enterprise customers.

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Blockchain Advancements to Keep Food Safe

According to Food Safety News, blockchain advancements will help keep the food supply safer.

Blockchain technology is not a new concept to the foodservice industry. Before the pandemic, those of us in the industry discussed blockchain technology, traceability, transparency, sustainability, digital technology, and food safety and its impact on the green revolution every day.

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China Lockdowns Causing More Disruption

Lockdowns in China are disrupting the memory chip supply chain, reports US News & World Report. 

Samsung Electronics and Micron Technology, two of the world's largest memory chip makers, warned that strict COVID-19 curbs in the Chinese city of Xian could disrupt their chip manufacturing bases in the area.

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Supply Chain Trends for 2022

According to Supply Chain Brain, there are several trends to watch for regarding supply chains in 2022 including elastic supply chains. 

Supply chains have been severely impacted by COVID-19. A recent Statista survey found nearly 72% of businesses suffering detrimental effects related to the pandemic. Now, even as disruptions persist, supply chains the world round have begun picking up the pieces and charting new territory to recover.

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Integration Technology is the Way Forward

Integration technology is one way that companies can improve their resilience, reports Sustainable Brands. 

Without a doubt, the world’s supply chains have been put to the test in the past 18 months — as market demand and availability of supplies became unpredictable thanks to COVID-19 disruptions

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Keeping the Supply Chain Flowing

According to Forbes, companies can take steps to minimize supply chain disruptions. 

Global supply chain issues are making headlines these days. Consumers were advised to begin their holiday shopping early because of inventory shortages and shipping delays, and more and more shoppers are reporting minimally filled or even bare shelves in retail stores. 

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Digital Supply Chain Could Lead to Net Zero

India believes its road to net zero emissions lies in a digital supply chain, reports Economic Times. 

The Glasgow Climate Pact has made it clear that there is a universal mandate to get to net zero emissions.

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U.S Wants National Supply Chain Database

According to NNY 360, lawmakers want to create a national database to streamline the supply chain and eliminate problems. 

A group of bipartisan, bicameral lawmakers is hoping to push a supply chain bill through Congress during the final days of the year.

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Amazon Bypasses Supply Chain Issues

According to CNBC, Amazon bypasses supply chain issues by having its own cargo ships and containers. 

For years, Amazon has been quietly chartering private cargo ships, making its own containers, and leasing planes to better control the complicated shipping journey of an online order. 

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Supply Chain Risk Management Company Gets Funding

Everstream Analytics ("Everstream"), a provider of supply chain risk management software company has secured funding from Horizon Technology Finance, reports PR Newswire.

Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today it provided an additional venture loan, in the principal amount of $5 million, to Everstream Analytics ("Everstream"), a provider of supply chain risk management software and an existing Horizon portfolio company. 

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