News (3594)
Technology Improving Supply Chains, but Work Remains
Technology is improving the supply chain, but there is still much room for improvement, reports Fleet Owner.
Shippers and third-party logistics providers are better utilizing technology to improve the overall supply chain, but many believe there is much room for improvement, according to a new report.
Read more...New GS1 US Research Reveals 59% of High-Growth Small Businesses See Direct Correlation Between Sales Growth and Complete Product Information
A new study titled “Charting the Growth Journey: From Product to Profitable Business,” conducted by GS1 US® in collaboration with Longitude, a Financial Times company, found that 59% of high-growth small business owners see a direct correlation between providing complete product information (such as images, product origins, and more) in their online listings with the number of products sold. These growth leaders are defined as having achieved more than 25% growth in the past year.
Read more...Using Technology To Track Shipments
According to Digital Supply Chain, Accenture is working with DB Cargo to use technology such as IoT to track their items in transit.
The opportunity to increase revenue with analytics solutions, which are powered by Splunk, identifies trends and improvement opportunities from enterprise data
Read more...Supply Chain Startups Gain Funding
According to Supply Chain Dive, supply chain startups have received $12 billion dollars in funding in 2018.
The report outlines some deals it considers to be "notable," such as the funding given to the India-based Delhivery ($115 million), the United Kingdom-based Starship Technologies ($40 million), the U.S.-based Loadsmart ($19 million) and Nike's acquisition of the data science firm, Celect
Read more...New Blockchain Finance Tool
Trado is a new blockchain finance enterprise, reports Global Trade Review.
A consortium of international banks, corporates, fintech startups, an NGO and a research institution has released a new model for blockchain-enabled sustainable supply chain finance, called Trado.
Read more...Supply Chains are Critical
The supply chain isn’t just about getting products where they need to be, reports Pymnts.com. It has become a criticalcomponent of a company’s strategy, reports Pymnts.com.
Supply chain management has morphed into a strategic business initiative combining technological adoption, event forecasting and even politics: awareness of its complexities has never been higher thanks to threats of a trade war between the U.S. and China, and its resounding impacts on other areas of the plane
Read more...Technology & The Supply Chain
Technology advancements continue to shape the supply chain, reports Logistics Management.
With no end in sight to the proliferation of advanced technologies, the supply chain software space is replete with acronyms that range from IoT to AI to ML to RPA, not to mention Big Data, blockchain and myriad other innovations.
Read more...Supply Chain Funding Grows
A new report shows that 2019 supply chain funding could surpass 2018 funding, reports Supply Chain Dive.
The amount of money going toward supply chain and logistics startups in 2019 could surpass 2018 totals considering the amount of funding already raised, according to an analysis by CB Insights.
Read more...Investing in Green Supply Chain Technology
Agility's investment in green supply chain technology continues to grow, reports the Maritime Standard. They hope the investment will continue to help them cut emissions.
Leading logistics services provider Agility reports that it has invested $18 million in green supply chain technologies to date.
Read more...New Supply Chain Innovation Center
Companies interested in supply chain technology can now see it first hand at DHL’s Chicago Innovation Center, reports Supply Chain Dive.
DHL is touting its new 28,000-square-foot Innovation Center in Chicago as a place where companies can learn about the latest supply chain technology and help them on their path toward digitization.
Read more...
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