News (3575)
The Global Supply Chain Needs A Digital Revolution
It is time for a digital transformation to revolutionize the global supply chain, reports WE Forums.
During the COVID-19 pandemic, schools, hospitals, businesses and governments have depended on technological innovation more than ever before to keep their operations afloat. As nations work to rebuild and reinvigorate the global economy, recovery plans must focus on creating jobs, investing in infrastructure and driving innovation with sustainability at the very core.
Read more...Retail Online Shopping Clogs Supply Chain
Consumers' retail shopping habits are causing problems in the supply chain, reports Forbes.
A snarled supply chain is threatening the make-or-break holiday season.
Read more...Retailers Causing Supply Chain Issues
According to CNBC, retailers over ordering and ordering too early is causing increased strain on the supply chain.
Retailers and manufacturers are overordering or placing orders too early amid panic over the massive supply chain crisis, and that’s making things much worse, those in the industry told CNBC.
Read more...Clearing the Ports is One Step in Fixing Supply Chain
Clearing the ports will not quickly fix the supply chain problem, reports Forbes.
This week the Biden administration addressed the most visible sign of the nation’s supply chain crisis: opening the Los Angeles and Long Beach, CA ports to work around the clock to unload cargo ships.
Read more...Supply Chains Vulnerable to Cyber Attacks
According to Fox Business, the supply chain is a target for a majority of cyber attacks. Over 95% of the companies surveyed admitted to a cybersecurity breach of their supply chain.
A new study says that the supply chain is a magnet for cyber breaches.
Read more...Pandemic Accelerated Digital Transformation
The pandemic accelerated the digital transformation of jeweler Pandora, reports Supply Chain Management Review.
There’s a phrase that’s been repeated more times than most of us can count: In a matter of months, COVID accelerated trends that might otherwise have taken years to unfold.
Read more...Supply Chain Facing "Perfect Storm"
According to Yahoo Finance, logistics experts explain that there is a “perfect storm” of supply chain issues that are impacting all over the globe.
Supply chain bottlenecks are squeezing businesses big and small. One expert explains why it's so hard to iron out the major kinks affecting global trade.
Read more...AI in the Supply Chain
Artificial intelligence can play a role in supply chain management, it is necessary for businesses to understand exactly how AI can be helpful in the supply chain, reports Supply & Demand Executive.
More and more supply chain leaders are considering incorporating artificial intelligence (AI) into their business, but are still skeptic. That’s because they’ve been on the receiving end of too many sales calls where companies say AI can change the world and magically do all sorts of things.
Read more...Cannabis Needs a Stronger Supply Chain
The existing supply chain isn’t robust enough to support cannabis, reports Forbes.
Since 2010, when I first started doing legalization work in Colorado, few big technology companies have been willing to openly step up to the plate and service licensed cannabis businesses.
Read more...Chip Shortage Will Continue Until Next Year
Problems will persist in the semiconductor supply chain until at least 2022, reports CNBC.
The semiconductor chip shortage that is hamstringing the production of products ranging from cars and computers to appliances and toothbrushes will extend into 2022 and potentially beyond that, the CEO of semiconductor company Marvell Technology said.
Read more...
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