News (3575)
The Supply Chain is About More Than Stuff
Modern supply chains are not only about moving items, but also about technology, people and security, reports Washington Technology.
At one time, talking about the supply chain focused on stuff -- moving it from the plant to the warehouse to the distributor to the seller and then delivering it the user. That’s still a relevant model but today's supply chain is also about software, security, compliance, partners, and people.
Read more...Supply Chain Tech Trends
According to Forbes, there are several supply chain technology trends set to experience growth in 2022.
This was the year that the words “global supply chain” made their way into everyday conversation. In March 2021, the giant container ship Ever Given blocked the Suez Canal and captured the public’s attention for a full week.
Read more...Blockchain Helps Walmart Canada Process Payments
Walmart Canada is utilizing blockchain to help it avoid discrepancies between invoices and payments, reports Harvard Business Review.
Walmart has long been known as a leader in supply chain management. However, its prowess could not insulate it from a problem plaguing the transportation industry for decades: vast data discrepancies in the invoice and payment process for freight carriers, which required costly reconciliation efforts and caused long payment delays.
Read more...Self Driving Semis
According to Bloomberg, shipping companies are exploring self-driving semis in an effort to alleviate the driver shortage.
Shipping companies and software developers are experimenting with self-driving trucks as a way to solve a driver shortage worsened by the Covid-19 pandemic, drawing fire from safety advocates who call the technology a risk to motorists
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...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
Read more...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.
Read more...
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