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News (3594)

Supply Chain Problems Hit Tesla

Disruptions to the supply chain are causing Tesla to halt production at its California plant, reports the LA Times. 

Tesla Inc. told workers it will temporarily halt some production at its car assembly plant in California for about two weeks, according to a person familiar with the matter.

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Biden signs executive order to address chip shortage through a review to strengthen supply chains

President Joe Biden signed an executive order Wednesday meant to address a global chip shortage impacting industries ranging from medical supplies to electric vehicles.

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Blockchain Will Help Manufacturing Supply Chain

Experts believe that blockchain will play an important part in the manufacturing supply chain, reports Manufacturing Global. 

The world as we know it has changed significantly in the last decade. As Executive Chairman of the World Economic Forum, Klaus Schwab, said way back in 2015, we are currently living through what could be considered as the Fourth Industrial Revolution.

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Quantum Tech Hits Supply Chain

Quantum technology is being used in the supply chain, reports Material Handling & Logistics. 

Quantum Computing Inc. has introduced Qatalyst, a quantum application accelerator designed to execute complex computations to optimize supply chain, logistics, and other applications.

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New Partnership Means More Visibility

According to Trucking Info, a new partnership between Google and J.B. Hunt Transport will enhance supply chain visibility.

J.B. Hunt Transport Services is teaming up with Google to use artificial intelligence and cloud technology to better connect shipments and available capacity.

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Tesla Resparks Interest in Blockchain

Tesla’s purchase of cryptocurrency is bringing attention to blockchain once again, reports ZD Net.

This week, Tesla announced it purchased $1.5 billion of the cryptocurrency Bitcoin. The company even hinted that customers might soon have the option to pay for their cars with Bitcoin. Welcome to 2021, where nothing makes sense anymore.

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Supply Chain Could Bounce Back with Covid

According to Supply Chain Digital, artificial intelligence may help the supply chain bounce back from Covid.

COVID-19 has put unprecedented strain on companies all over the world, disrupting workflows, exposing vulnerabilities, and forcing executives to rethink longstanding strategies.

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Hack Probe Reveals Supply Chain Flaws

Details revealed in the Supermicro Hack probe shows how vulnerable the global supply chain is, reports Bloomberg.

In 2010, the U.S. Department of Defense found thousands of its computer servers sending military network data to China—the result of code hidden in chips that handled the machines’ startup process.

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Investing in Tech is Necessary

According to ZD Net, the chaos caused by Covid-19 should prove to businesses that investing in supply chain tech is crucial.

Where does supply chain risk rank in the hierarchy of priorities in the grand scheme of a firm's business strategy? We often think of supply chain strategy as wholly independent from business strategy and risk management strategy as an altogether separate abstraction layer.

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Blockchain Brings Transparency to Battery Supply Chain

Polestar is using blockchain to bring transparency to its battery supply chain, especially in regards to cobalt, report The Next Web.

Annual car sales are unlikely to reach pre-COVID-19 levels anytime soon. In fact, experts say that the rate of recovery is forecasted to be a result of a slowdown in internal combustion engine (ICE) vehicles, with electric vehicles gaining a positive trajectory during the pandemic recovery period and beyond.

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