News (3594)
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...Retail Puts Focus on Supply Chain Tech
Retail technology is focusing on the supply chain, reports Forbes.
The focus of retail technology now is on supply chain. Rob Armstrong of Zebra Technologies put it perfectly when he told me, “we are focused on ...four key questions: What is it? Where is it? How is it? What are you going to do about it?”
Read more...Transparency in the Fashion Supply Chain
The fashion industry is responding to consumers desire to have transparency in the supply chain, reports Green Biz.
With close to 80 percent of consumers believing that it is important for brands to disclose and provide transparency into their supply chains, from raw materials to garment (PDF), fashion brands are clearly in need of a more sustainable way to manage their many hard-to-trace production facilities.
Read more...The Cornoavirus Could Hurt US Tech
The coronavirus outbreak could adversely affect US Tech firms, reports Fox Business.
The debt-ratings agency Fitch warned Tuesday that U.S. technology firms could suffer lasting harm from the coronavirus outbreak.
Read more...Tracking Drugs Across Supply Chain
According to US News, several pharmaceutical companies have developed a way to track prescription drugs across the supply chain.
Some of the industry's largest pharmaceutical companies, including Pfizer Inc and Eli Lilly and Co , have developed a blockchain-based system to track prescription drugs across the supply chain to better halt the flow of counterfeit medicines, company officials said on Friday.
Read more...Is Blockchain All Hype
Companies are embracing blockchain technology, but is it really making a difference in their supply chain operations, reports LoadStar.
Shippers are increasingly pulling their logistics providers into blockchain as they employ the technology to form networks with business partners and tech providers.
Read more...
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