News (3585)
Stronger Supply Chains Needed
The growing spread of Covid-19 and its potential disruption of gloal supply chains is spurring discussion about improving the resilience of the supply chain, reports Harvard Business Review.
As governments and health care agencies work to stop the spread of Covid-19 and to treat those who are infected, manufacturers in more than a dozen industries are struggling to manage the epidemic’s growing impact on their supply chains.
Read more...How Will the Global Supply Chain Be Impacted
Global supply chain expert answers questions on how Covid-19 will impact the world’s supply chain, reports Phys Org.
With fears about the novel coronavirus (COVID-19) impacting the economy and global supply chains, we spoke to Nick Vyas, executive director of the Center for Global Supply Chain Management at the USC Marshall School of Business.
Read more...Supply Chain & Covid-19
According to Transport Topics, a new survey finds that the global supply chain is starting to feel the effects of Covid-19.
The coronavirus is having a growing impact on supply chains, according to a new survey by the Institute for Supply Management in a report the Tempe, Ariz.-based nonprofit released March 11.
Read more...New Research Confirms Blockchain’s Effectiveness for Improved Data Sharing in the Retail Industry
The Auburn University RFID Lab, in collaboration with GS1 US, completed a proof-of-concept that demonstrates the effectiveness of blockchain and radio frequency identification (RFID) technologies to improve serialized data sharing in the retail industry. Participating companies included: Nike, PVH Corp., Herman Kay, Macy’s, Kohl’s, Mojix, Avery Dennison, SML, IBM and Collaboration, LLC. The complete findings are available in a new white paper titled “Chain Integration Project (CHIP) Proof of Concept.”
Read more...Companies Team Up to Transform Supply Chain
Customers of 4flow and Kinaxis now have access to a new service, the RapidResponse service helps companies transform their supply chains, reports Supply & Demand Chain Executive.
4flow has partnered with Kinaxis to provide RapidResponse deployment and supply chain transformation services for the companies’ shared customers
Read more...UPS Gets into Cargo Financing
According to Pymnts.com, UPS now has a capital division that helps companies finance their overseas purchases.
Advancements in logistics and supply chain technology mean the risks of getting goods from Point A to Point B are lower than ever — even when transit begins on the other side of the planet.
Read more...Robots in the Supply Chain
Fetch Robotics and Korber Supply chain are teaming up to create autonomous mobile robots for use in the supply chain, reports Yahoo Finance.
Körber Supply Chain - the global supply chain technology leader from software to material handling automation, today announces its partnership with Fetch Robotics, the leader in cloud robotics and on-demand automation.
Read more...Keeping the Blockchain Safe
The Blockchain protocol is Microsoft’s effort to keep the Ethereum safe, reports the Block.
Ernst & Young (EY), ConsenSys and Microsoft are coming together to form a protocol which aims to make Ethereum ‘safe and effective’ for enterprise usage.
Read more...New Micro Tracking Devices
According to MIT News, researchers are working on a new micro tracking chip that could help deter counterfeiting.
To combat supply chain counterfeiting, which can cost companies billions of dollars annually, MIT researchers have invented a cryptographic ID tag that’s small enough to fit on virtually any product and verify its authenticity.
Read more...Supply Chains Look to the Circular Economy
According to Supply and Demand Chain Executive, the focus for supply chain leaders is the investment in circular economy strategies.
Seventy percent of supply chain leaders are planning to invest in the circular economy in the next 18 months, according to a recent survey by Gartner, Inc. However, only 12% of those have linked their digital and circular economy strategies so far.
Read more...
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