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Essence Group Major Supply Chain Initiative Helps Ensure Continued Customer Service for its Partners Throughout COVID-19 Lockdown

Essence Group, a leading provider of IoT solutions for the global security and care markets provided details of its aggressive supply chain initiative, that mitigated the global supply chain disruption caused by COVID-19 and ensured the continued supply of its complex multi-component products to key partner, Verisure, a leading provider of professionally monitored security solutions.

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The Future of Robotics in the Supply Chain

Robotics could help improve the supply chain, reports Supply Chain Brain.

Parts of the last 12 months have felt like a science fiction film. On one hand, a global pandemic is causing record-setting despair: travel is restricted, the economy is in shock, and people everywhere are either at home or managing a cautious return to activity.

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Technology Can Reduce Risk in the Supply Chain

De-risking the supply chain is possible with technology, reports Modern Materials Handling. 

Supply chain risk is such a huge topic right now that even our newly-elected president is talking about it—and acting on it.

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Blue Yonder Goes Public

Supply chain technology company Blue Yonder is planning a IPO, reports the Wall Street Journal. 

Software company Blue Yonder is planning to go public, the latest technology provider to look at a public stock offering as pandemic-driven upheaval in supply chains draws more interest to tools that help companies manage the flow of goods.

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Supply Chains Still Rattled by Suez Backup

According to DC Velocity, supply chains will feel the effects of the Suez canal incident for weeks. 

Global supply chains will feel the effects of the Suez Canal backups for weeks, and the situation is likely to exacerbate choke points at West Coast ports in the United States as the economic recovery from the pandemic continues. 

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Australia Works to Improve Supply Chain

The Australian government is investing in blockchain solutions for its supply chains, reports Coin Geek. 

The government of Australian is offering A$3 million (US$2.3 million) in grants to two pilots that will develop blockchain-based solutions targeting the mineral supply chain and food and beverage sectors.

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Supply Chains Embracing Change

Supply chains are starting to bounce back from 2020, reports Supply Chain Brain. 

The past year has been both blessing and curse for supply chains. During a period of unprecedented demand, fueled by a newly at-home public’s reliance on e-commerce, all aspects from production to shipping were stretched to their limits.

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Oracle Updates Cloud Supply Platform

Oracle is updating its Fusion Cloud Supply Chain & Manufacturing platform, reports Logistics Management.

Earlier this week, Oracle introduced new updates to its Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) offering, which connects shippers’ supply networks with an integrated suite of cloud business applications.

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More Transparency in Supply Chain

According to Sourcing Journal, Avery Dennison is ramping up its supply chain transparency. 

As fashion and retail recover from the tumultuous events of 2020, a sharp focus on the fashion supply chain has emerged. And as companies retool and recalibrate, the longstanding issue of transparency is at the top of their agenda.

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More Opportunity for Cybercriminals

According to Supply & Demand Executive, rapid acceleration of technology is creating new opportunities for cybercriminals. 

The acceleration of cloud computing and the adoption of the Internet of Things (IoT) in the supply chain has created new opportunities and attack surfaces for cybercriminals to target. 

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