News (3586)
Circulor Secures Funding
According to Coin Desk, sustainable supply chain tech company Circulor has secured funding to help it expand its operations.
Sustainable supply chain technology company Circulor closed a $14 million series A funding round and will use the capital to further develop its platform and expand into North America and Asia.
Read more...Chip Shortage Could Drag On
According to Reuters, Intel is predicting its problems with its chip supply chain could last for several years.
Intel Corp’s (INTC.O) CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics.
Read more...Supply Chain Startup Gets $202mil in Funding
Project44, a supply chain tech startup, has secured $202 million in funding, reports PYMNTS.
Supply chain technology startup project44 has closed a Series E funding round with $202 million, according to a company blog post. The company is now valued at $1.2 billion.
Read more...DHL Adding Robots to Warehouses
According to Supply Chain Digital, DHL is implementing a number of robotic solutions into its warehouses.
The leading logistics company within the Deutsche Post DHL Group, DHL Supply Chain, announced it would be implementing a large number of robotics into its warehousing.
Read more...Cold Chain Gets UPS Support
UPS is offering cold chain support, reports Supply Chain Dive.
The cold chain for the COVID-19 vaccine was notoriously fickle. This was especially true of the Pfizer vaccine, which required the use of a specially designed insulated box with dry ice inside to keep the temperature at minus 70 degrees Celsius for up to 10 days.
Read more...Dell Technologies Worries About Supply Chain
Continuing worries about their supply chain cause Dell Technologies to lower earning expectations, reports SDX Central.
Dell Technologies reported record-high revenue during the first quarter of its fiscal year 2022, but warned analysts that ongoing supply chain challenges will impact its outlook for the remainder of the year.
Read more...Coca-Cola Utilizes Blue Yonder Supply Chain Solution
According to Retail Tech Innovation Hub, Coca-Cola has chosen Blue Yonder’s Luminate Planning solutions for its supply chain solution.
Coca-Cola HBC is a bottling partner of The Coca-Cola Company in 28 countries. The company was looking for a solution to support a 24/7 supply chain and its product portfolio of more than 100 brands and 4,000 SKUs.
Read more...Semiconductor Shortage Affects Many Things
According to National Defense, the semiconductor supply chain issues has a far reaching impact.
Semiconductors are the foundation of the advanced technologies that regular citizens and military officials rely on — from cell phones and laptops to fighter jets.
Read more...Tech Prices to Rise Due to Supply Chain
Supply chain issues are causing a spike in prices for technology items, reports ZD Net.
Your information technology gear is going to get more expensive due to component shortages, supply chain woes and a demand spike.
Read more...Target Seeks to Bolster Supply Chain
According to Supply Chain Dive, Target has made some acquisitions to help strengthen its supply chain.
Target's use of acquired assets highlights the long process of supply chain transformation that the retailer has been undergoing. Each deal became part of a larger plan.
Read more...
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