Supply Chain News

Woodstock Wire: Supply Chain News

Uber Completes Acquisition of Postmates

Business Wire - Uber Technologies, Inc. (NYSE: UBER) today announced that it has completed the acquisition of Postmates Inc. in an all-stock transaction, and that the two companies have begun the process of integrating U.S. operations. As previously announced, the transaction...
Fri, 04 Dec 2020 17:36:17 - #acquisition #supplychain

Don't Wait to Automate, Pt. 2: Don't (Re)Hire... Automate

SupplyChain - Conexiom - In the previous blog, we revealed how sales order automation helps get your business future ready. Now, we'll touch on the second automation strategy to transform into a modern business: Don't (re)hire. Automate.
2020 forced you to do more...
Fri, 04 Dec 2020 14:13:15 - #coronavirus #conexiom #supplychain

The New Secret Weapon of Supply Chain

SupplyChain - Supply Chain Nation - Henry Ford famously said of the Model T, "you can have any color you want, as long as it's black." Today, in the digital age, the ability to personalize has become a key strategy for winning market share. Yet a century later, a 'one-size-fits-all'...
Fri, 04 Dec 2020 14:13:14 - #machinelearning #blueyonder #supplychain #bigdata

Supply Chain in the Spotlight: Vaccine Chain Puts New Spin on Old Challenges

SupplyChain - SCMR Editorial - After a nearly year-long pandemic, the world is jubilant over the upcoming vaccine distribution -- but the supply chain knows all too well that significant challenges remain.
Fri, 04 Dec 2020 14:13:13 - #supplychain

Penske Logistics acquires Black Horse Carriers

SupplyChain - DC Velocity - 3PL gains 2,000-vehicle trucking fleet, cites "synergies" in customer service, technology.
Fri, 04 Dec 2020 14:13:12 - #acquisition #supplychain

Supply chain sees orders for cloud servers pick up

Media - DIGITIMES - Suppliers engaged in the supply chain for cloud computing servers have seen clients start pulling in orders in advance, bracing for a resurge in the COVID-19 pandemic that could repeat the supply chain disruptions seen at the beginning of...
Tue, 01 Dec 2020 13:38:48 - #coronavirus #supplychain #cloud

Defining and Measuring Supply Chain Risk - Part 1

Distribution - TTI MarketEye - Breaking down the different types of risk and risk factors in the electronic supply chain.
Tue, 01 Dec 2020 13:13:19 - #supplychain #tti

FinTechs Prove Their Value During Pandemic

Media - PYMNTS.com - At a time when surging coronavirus counts are once again muddying the outlook for consumers and business owners, MerchantE Chief Financial Officer Shim Steinmetz says the crisis has also provided a silver lining of sorts to nimble FinTechs...
Mon, 30 Nov 2020 12:35:24 - #coronavirus #acquisition #fintech #supplychain

Chinese Consumers' Buying Expected To Surge After Months Of Caution

Media - PYMNTS.com - A strong surge in consumer spending on retail is likely to be the main economic driver in China as the country recovers from the effects of the pandemic, the Financial Times (FT) reported.
The evidence could be seen robustly during and around...
Mon, 30 Nov 2020 12:13:09 - #ecommerce #supplychain

Solving B2B eCommerce Friction At The Intersection Of Payments And Trade Credit

Media - PYMNTS.com - As B2B eCommerce accelerates its technological innovation, and as adoption grows, it continues to look toward the world of B2C to implement optimized end-user experiences - for both the buyer and the seller.
But B2B eCommerce is inherently...
Sat, 28 Nov 2020 16:35:19 - #ecommerce #digitalcommerce #supplychain

Deep Dive: How Businesses Deploy APIs And Webhooks To Meet Real-Time B2B Transaction Demands

Media - PYMNTS.com - The B2B payments world is changing fast due to both the increased adoption of digital payment methods over the past several years and the economic upheaval brought on by the COVID-19 pandemic. Approximately $25 trillion in payments flows...
Sat, 28 Nov 2020 16:35:18 - #coronavirus #machinelearning #supplychain

Security Demands Spur Virtual Debit Card Adoption

Media - PYMNTS.com - More consumers than ever are turning to online shopping channels to meet their needs during the pandemic, but many are also aware that cybercriminals are looking to capitalize on this stepped-up online activity to steal their card data....
Sat, 28 Nov 2020 16:35:07 - #coronavirus #ecommerce #cybersecurity #fintech #supplychain

Thales to Deliver the World's First Fully Integrated Unmanned Mine Countermeasures System for the Royal Navy and French "Marine Nationale"

Business Wire - France and the UK signed a joint contract for Thales to start the production phase of MMCM to deliver eight unmanned mine hunting systems
Thu, 26 Nov 2020 22:13:28 - #supplychain

China's Financial Industry Firms Redo Plans, Funding In Wake Of More Oversight

Media - PYMNTS.com - With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. 25).
Jack Ma's Ant Group, once on the cusp of being the future of finance in the country,...
Thu, 26 Nov 2020 22:13:27 - #ecommerce #supplychain

FedEx, UPS can't get enough vans to keep up with delivery rush

Web Marketing - Digital Commerce 360 - FedEx Corp. and United Parcel Service Inc. are running into a shortage of delivery vans, prompting a surprise cost squeeze that's cutting into profits during a record surge in package volumes.
Urged by the couriers to...
Thu, 26 Nov 2020 20:33:57 - #coronavirus #ecommerce #digitalcommerce #supplychain

No Matter How You Look at it, B2B Tech has a High Quality Deal Problem

Think - Gartner Blog Network - In my last post, I talked about the danger of taking a data point from a diverse sample and just accepting it at face value. This week, we'll look at a data point that basically does work that way--with a few exceptions.

At Gartner,...
Thu, 26 Nov 2020 20:33:49 - #supplychain

Building resilient supply chains

Think - MIT Technology Review - Turbulent times can expose weaknesses in distribution chains, putting stress on chokepoints and reducing access to critical components, suppliers, and capital. The ability to respond to changes rapidly and effectively depends on...
Thu, 26 Nov 2020 20:33:48 - #iot #robotics #machinelearning #rpa #tariff #supplychain

Don't Wait to Automate, Pt. 1: Get Your Business Future Ready

SupplyChain - Conexiom - Although business constantly evolves, COVID-19 not only shattered the business status quo, it caused systemic disruption nearly overnight. Facing unrelenting change, we can't just react. We can't do nothing. We must respond with meaningful...
Thu, 26 Nov 2020 20:33:47 - #coronavirus #robotics #ecommerce #rpa #conexiom #digitaltransformation #digitalcommerce #supplychain

Supply chain companies optimistic about Covid-19 vaccine distribution

SupplyChain - DC Velocity - Despite cold chain challenges, companies say early vaccines can be distributed this year, if approved, as the logistics supply chain works to ship at scale in 2021.
Thu, 26 Nov 2020 20:13:02 - #coronavirus #supplychain

Visa Wants to Buy Plaid, and With It, Transaction Data for Millions of People

Infosec - EFF Deeplinks - Visa, the credit card network, is trying to buy financial technology company Plaid for $5.3 billion. The merger is bad for a number of reasons. First and foremost, it would allow a giant company with a controlling market share and a history...
Thu, 26 Nov 2020 19:14:10 - #gdpr #acquisition #tariff #ccpa #supplychain

Delivery Van Shortage Shows eCommerce Ripple Effects Along Last Mile

Media - PYMNTS.com - As eCommerce demand surges into the holiday season the impact of friction along the last mile is wide ranging, touching companies far and wide. For the carriers that navigate that last mile, with trucks and vans winding their way through...
Wed, 25 Nov 2020 22:35:02 - #ecommerce #supplychain

Amazon Rolls Out IP Accelerator In Europe To Prevent Counterfeits

Media - PYMNTS.com - To help small companies safeguard their brands and tackle counterfeits, Amazon has rolled out Intellectual Property Accelerator (IP Accelerator) in Germany, France, Spain, Italy, the United Kingdom and the Netherlands.
IP Accelerator is available...
Wed, 25 Nov 2020 22:13:07 - #ecommerce #supplychain

Supply chain regionalisation and allocations

Media - Electronics Sourcing - James Carbone - Contributing Editor
Editor's note: Chris Hood is vice president of global purchasing for EMS provider Plexus. Electronics Sourcing North America (ESNA) recently interviewed him about the purchasing and supply chain...
Wed, 25 Nov 2020 22:13:05 - #capacitor #ems #foundry #pcb #supplychain #microcontroller

Adobe Introduces B2B Capability For Customer Data Platform

Media - PYMNTS.com - Adobe is extending the parameters for its Real-time Customer Data Platform (CDP) offering to include B2B data and workflows, the company announced in a Tuesday (Nov. 24) blog post, improving on last year's version that only worked with brands.
The...
Wed, 25 Nov 2020 21:13:16 - #coronavirus #marketo #supplychain

Smart component/material delivery is first step for smart factories

Media - DIGITIMES - Smart deliveries of components and materials to production lines will facilitate the entire manufacturing process and is therefore the first step to running smart factories, according to Kirin Chen, general manager for logistics equipment...
Tue, 24 Nov 2020 23:13:48 - #maker #supplychain

Cross-Border eCommerce Gains Momentum

Media - PYMNTS.com - The holidays are upon us, and as we all get ready for the virtual feasts, the pandemic has in one sense put up some borders between people and knocked others down. This is especially true in eCommerce, where friction points have crystalized...
Tue, 24 Nov 2020 23:13:44 - #ecommerce #digitalcommerce #supplychain

New RadioShack Owner Looks To Turn 'Fallen Angels' Into eCommerce Stars

Media - PYMNTS.com - When Miami-based Retail e-Commerce Ventures (REV) recently announced that it purchased the remains of twice-bankrupt RadioShack, it wasn't some one-off strategy to acquire distressed assets for pennies on the dollar. Instead, it was the latest...
Mon, 23 Nov 2020 22:39:27 - #coronavirus #ecommerce #acquisition #supplychain

SAP Recognized as a Leader in the Gartner 2020 Magic Quadrant for Procure-to-Pay Suites

Enterprise - SAP - SAP SE (NYSE: SAP) today announced independent analyst firm Gartner Inc. has positioned SAP as a Leader in its 2020 Magic Quadrant for Procure-to-Pay Suites report.* This is the fifth consecutive time Gartner has named SAP a Leader in...
Mon, 23 Nov 2020 22:13:39 - #ariba #supplychain

Avoiding the Strain of Shipping Capacities this Holiday Season

Aspencore - EPS News - Logistyx President Ken Fleming
Though the holidays are considered "peak season" for parcel shipping every year, unprecedented increases in e-commerce look to bring a new level of intensity in 2020. According to a recent report from Salesforce,...
Mon, 23 Nov 2020 19:38:52 - #coronavirus #salesforce #supplychain

Gartner: Q3 smartphone sales down 5.7% to 366M, stemming Covid-19 declines earlier this year

Tech - TechCrunch - As we head into the all-important holiday sales period, new numbers from Gartner point to some recovery for the smartphone market as vendors roll out a raft of new 5G handsets. Q3 smartphone figures published today showed that smartphone...
Mon, 23 Nov 2020 19:14:33 - #coronavirus #maker #smartphone #iphone12 #samsung #supplychain #outlook

Visa Commercial Pay Launches For Virtual Cards, Digitized B2B Payments

Media - PYMNTS.com - Visa and Conferma Pay said Monday (Nov. 23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically,...
Mon, 23 Nov 2020 19:14:06 - #ecommerce #supplychain

Amid COVID-19, B2B buyers turn more to marketplaces

Web Marketing - Digital Commerce 360 - In many aspects, COVID-19 is driving the growth of B2B marketplaces, ecommerce analysts say. And the change in more business buyer behavior that's accelerating the use of more B2B marketplace activity as a result of the coronavirus...
Sun, 22 Nov 2020 22:13:11 - #coronavirus #ecommerce #digitalcommerce #supplychain

COVID-19 moves B2B marketplaces center stage

Web Marketing - Digital Commerce 360 - As 2020 comes to a close, there are two certainties regarding the future of B2B marketplaces. One certainty is that marketplaces of all kinds-including commercial platforms run by Amazon.com Inc., eBay Inc. and Alibaba Group, and...
Sun, 22 Nov 2020 22:13:08 - #coronavirus #ecommerce #digitalcommerce #supplychain

Rough Road Ahead for the Coronavirus Vaccine

SupplyChain - DC Velocity - The last mile problem is often a tactical nightmare. Add to that the refrigeration requirements of the coronavirus vaccine and we are now facing a formidable supply chain challenge.
Sun, 22 Nov 2020 21:38:24 - #coronavirus #supplychain

Who is the Supply Chain Planner in the Age of AI?

SupplyChain - Logistics Viewpoints - The most recent McKinsey Global Survey on AI shows a 25% increase in use by companies over the prior year, a trend that shows no signs of slowing. At this pace, have we entered the Age of AI? Do we even need supply chain planners,...
Sun, 22 Nov 2020 21:38:22 - #ai #supplychain

Deployment of Covid-19 vaccine expected to test global supply chains

SupplyChain - Logistics Management - Commenting on the news of a potential vaccine for Covid-19, Professor Richard Wilding OBE, Professor of Supply Chain Strategy at Cranfield University notes that this is likely to be one of the biggest supply chain management challenges...
Sun, 22 Nov 2020 21:38:19 - #coronavirus #supplychain

Optimizing B2B eCommerce Payments From The Moment Of Onboarding

Media - PYMNTS.com - While optimizing B2B payments is often about combating friction at the moment of transaction, the truth is, the B2B payment experience often happens way before any money is ever actually moved.
As more seller organizations embrace the B2B...
Sat, 21 Nov 2020 16:13:23 - #iot #robotics #ecommerce #supplychain

E2open Wins 2020 Central Texas Growth Award

Business Wire - E2open named a winner of the ACG Central Texas Growth Awards for the second year in a row
Thu, 19 Nov 2020 14:13:08 - #e2open #supplychain

Strong Manufacturing Data from Europe | Weekly Global Update for November 18, 2020

Distribution - TTI MarketEye - An update on Europe's PMI, Taiwan and China's manufacturing status, and a look at the semiconductor sales slowdown in Europe. This and more in the Weekly Global Update.
Thu, 19 Nov 2020 13:13:21 - #tti #supplychain

October Retail Sales Grew Slower Than Anticipated

Media - PYMNTS.com - U.S. retail sales rose 0.3 percent in October to $553.3 billion, missing forecasts but still up for the sixth consecutive month, according to the monthly U.S. Census Bureau report released on Tuesday (Nov. 17).
Despite the pandemic's negative...
Wed, 18 Nov 2020 15:13:48 - #coronavirus #ecommerce #supplychain #outlook

Deep Dive: How FIs And Merchants Are Pushing Back Against Push Payment Fraud

Media - PYMNTS.com - The number of real-time payments has risen dramatically in recent years, and APP fraud has grown alongside it. Fraudsters utilizing these schemes rely on tactics such as phishing and impersonation scams to trick customers and businesses...
Wed, 18 Nov 2020 15:13:40 - #ecommerce #phishing #cybersecurity #supplychain

Model N's Fall 2020 Release for High Tech Offers Expanded AI/ML, Price Optimization and Channel Network Features

Business Wire - Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced new revenue management and channel performance capabilities as part of its Fall 2020 high tech product release, including expanded artificial intelligence (AI)...
Tue, 17 Nov 2020 14:37:14 - #ai #machinelearning #supplychain

Digital-First Economy Could Make 2021 The Year Of The Fraud Bot

Media - PYMNTS.com - The eCommerce explosion has raised the stakes in the battle against fraudsters, making scams more difficult than ever to fight. And Kount executive Gary Sevounts told PYMNTS in a recent interview that the frontline in that fight right now...
Tue, 17 Nov 2020 14:13:12 - #coronavirus #ecommerce #ai #supplychain

Worldpay: Pandemic Has Forced The Issue On B2B Automation

Media - PYMNTS.com - Compared to their direct-to-consumer (D2C) counterparts, the heavy-lifting, hardworking B2B businesses of the world have always been chided for being a few clicks behind when it comes to embracing and investing in payments technology.
And...
Tue, 17 Nov 2020 14:13:11 - #ecommerce #supplychain

iPhone 12 supply chain makers see clear order visibility

Media - DIGITIMES - Apple's supply chain makers of the iPhone 12 lineup reportedly are taking measure to ramp up their output to help address the tight supply of the new iPhones in a number of markets, according to industry sources.
Tue, 17 Nov 2020 13:35:59 - #iphone12 #supplychain

European Central Bank To Launch Probe Of 10-Hour Payments System Outage

Media - PYMNTS.com - The European Central Bank (ECB) has plans to independently investigate an incident that affected its TARGET2 real-time gross settlement system on Oct. 23 this year, which resulted in a near 10-hour outage, according to a press release.
An...
Tue, 17 Nov 2020 13:35:57 - #cybersecurity #supplychain

Santander Snaps Up Wirecard's Tech Platform In Wind-Down of Insolvent German Payments Firm

Media - PYMNTS.com - Spain's Banco Santander has closed a deal for insolvent Wirecard's technology platform in what could be a final chapter in disposition of the scandal-plagued German payment processor's assets.
In a sign of the complexity of the wind-down...
Tue, 17 Nov 2020 13:35:54 - #acquisition #supplychain

American Express Enhances Easy Pay To Ease B2B Supply Chain Payments

Media - PYMNTS.com - American Express has enhanced its Early Pay system with digital payment features aimed at giving large businesses greater control over their ability to make and receive B2B payments, the company announced Monday (Nov. 16).
"As we continue...
Tue, 17 Nov 2020 13:13:16 - #supplychain

DOJ Approves Mastercard's $825M Acquisition Of Finicity

Media - PYMNTS.com - Mastercard's $825 million move to acquire Finicity, which provides access to financial data in real time, is inching ahead after the deal gained the approval of federal regulators.
"We have been notified that the Department of Justice completed...
Tue, 17 Nov 2020 13:13:13 - #acquisition #supplychain

Lockheed to design submarine-based electronic warfare system

Media - Electronics360 - Lockheed said a robust interface with the nonpropulsion electronic systems tactical network is key to the AN/BLQ-10(V)'s tactical utility.
Mon, 16 Nov 2020 14:13:20 - #supplychain