News (3586)
Supply Chains Under Scrutiny
The world’s supply chains are under the public microscope thanks to the pandemic, reports Crunchbase.
The COVID-19 pandemic has moved supply chain and logistics technologies to the public eye like few times before, as shortages at grocery stores and the distribution of a possible vaccine highlight the importance of moving goods and essentials.
Read more...Can Supply Chains Keep Up with Online Shopping Demand
The pandemic spurred enormous growth in Cyber Monday sales, can supply chains keep up with the new normal, reports Biz Tech Magazine
Cyber Monday has now surpassed Black Friday as the biggest retail spending day in the United States. In 2019, both events saw record-breaking revenues, but Cyber Monday outpaced brick-and-mortar sales by nearly $2 billion, reaching a massive $9.4 billion.
Read more...Executives From Google and eBay Join GS1 US Board of Governors
GS1 US has appointed the following executives to the GS1 US Board of Governors: Charles Schafer, Ph.D., engineering director, Google; and Yossi Zomet, vice president, product and engineering, eBay, Inc.
Read more...Europe Revamping Pharma Supply Chain
Europe is scrambling to reconfigure its pharmaceutical supply chain for the Covid vaccine, report Chemical and Engineering News.
When the COVID-19 pandemic exposed weaknesses in the pharmaceutical supply chain in the US—in particular its dependence on products outsourced to Asia—the government responded forcefully.
Read more...Supply Chains Will be Strained This Holiday Season
According to Supply Chain Executive, with Covid causing a surge in online holiday shopping will surely strain the global supply chain.
The Coronavirus disease (COVID-19) pandemic has altered our world dramatically. And, when thinking about aspects of everyday life that look markedly different than 2019, consumer behavior is top of mind for retailers and distributors.
Read more...Walmart Buys JoyChain
According to TechCrunch, Walmart has purchased JoyRun to enhance its supply chain.
The last time we wrote about JoyRun, it was raising $10 million. Today, the Bay Area startup has some very different news to share, as it becomes part of Walmart as Walmart has purchased select assets in a bid to enhance its supply chain.
Read more...Blockchain Will Be Part of Vaccine Supply Chain
Blockchain will most likely play a key role in distributing the Covid-19 vaccine worldwide, reports the World Economic Forum.
Tackling COVID-19 will require the first-ever deployment of blockchain in the global distribution of a vaccine.
Read more...Beauty Company Uses Wholechain
According to Glossy, beauty company Aveda is using Wholechain to track its vanilla bean supply chain.
Aveda is getting into blockchain technology to trace its vanilla bean supply chain.
Read more...GS1 US Expands Offering to Help Small Businesses Capitalize on E-Commerce Opportunities
GS1 US has expanded its product identification offering for small and micro businesses with the introduction of a single GS1 US Global Trade Item Number (GTIN). Ideal for businesses that are launching a new product, the new single identifier will provide a low-cost option to uniquely identify products and streamline the process for getting items ready for sale across retail and e-commerce channels.
Read more...Ryder Systems Opens Venture Capital Fund for Supply Chain Tech
According to DC Velocity, Ryder Systems has created a $50 million dollar venture capital fund to help supply chain technology startups bring their products to market.
Logistics and transportation provider Ryder System Inc. is predicting fast growth in supply chain technology and has created a $50 million venture capital fund to ride that wave, the company said today.
Read more...
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