News (3594)
ASOS Loses Sales Due to Inventory Glitch
Fashion company ASOS suffered a technical glitch while upgrading its warehouse technology, reports Supply Chain Dive. As a result it lost about $25 million in sales due to the new automated storage and retrieval system failing to accurately report inventory.
The CEO explained the automated elements of the company's warehouse management system and its warehouse control system caused inventory available to customers to decrease significantly
Read more...Diamonds Become Part of Supply Chain Tracking
Dust Identity, a firm that wants to use miniscule fragments of diamonds to attach tracking codes to parts, has raised additional funding, reports Fortune. The diamond fragments would make it possible to track the parts through the supply chain.
Read more...Anvyl Raises More Funding
Anvyl, a hub for brands to manage their supply chains, has raised another $9 million dollars to continue their expansion into the supply chain management market.
Read more...Revolutionizing the Jewelry Supply Chain
The jewelry industry remains one of the last places to see innovation in the supply chain, reports Digital Supply Chain. Supplies still pass along the supply chain using processes from 100 years ago, however slowly technology has begun to creep in.
Read more...Using Tech in the Supply Chain Wisely
Retailers and manufacturers need to work together to give customers what they want, reports Open Access Government. That means using technology and efficiencies in the supply chain to speed up everything from the delivery of an item to its creation.
Read more...Loadsmart and Oracle Collaborate to Digitize Logistics
Loadsmart, a Gold level member of Oracle PartnerNetwork today announced their collaboration to provide Oracle Logistics Cloud customers instantly bookable truckload rates and guaranteed capacity from the Loadsmart network of qualified carriers directly in Oracle Transportation Management (OTM) Cloud.
Read more...ROUTE Launches App That Visually Tracks Online Orders In One Centralized Hub!
ROUTE, a one-click premium shopping experience for online ordering, announces today that they’ve launched a first-of-its-kind app that automatically collates online shoppers’ pending packages, regardless of merchant, allowing them to visually track their shipments from the convenience of their smartphone or device.
Read more...Delivery Service Acquires Supply Chain
According to ET Tech, grocery delivery service Milkbasket has acquired PSR Supply Chain, in order to grow its delivery service.
Read more...Drones to Transport Medicine
According to Supply Chain Dive, Direct Relief, a humanitarian aid organization, has came up with a way to transport vaccines to remote locations via a drone
Read more...Medical Device Supply Chain Benefits from Blockchain
Blockchain and distributed ledger technology can help make the medical device supply chain more secure, reports Medical Device & Diagnostic Industry.
Read more...
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