Supply Chain News

Woodstock Wire: Supply Chain News

Penske Logistics Completes Acquisition of Black Horse Carriers, Inc.

PR Newswire - Penske Logistics has successfully completed its previously announced acquisition of Black Horse Carriers, Inc., a privately held logistics company based in Chicago. "We are pleased to have completed the acquisition and we now look forward to our...
Thu, 31 Dec 2020 21:13:18 - #acquisition #supplychain

Capacity challenges will continue in 2021

SupplyChain - DC Velocity - Logistics companies urge planning and a focus on relationships as complexity continues across the supply chain.
Thu, 31 Dec 2020 18:35:22 - #supplychain

B2B eCommerce Embraces The Ecosystem Opportunity

Media - PYMNTS.com - With trade shows canceled and enterprise digitization accelerated, 2020 was a big year for the adoption of B2B eCommerce. Whether through the use of online marketplaces or proprietary supplier portals, B2B sellers embraced the opportunity...
Wed, 30 Dec 2020 23:33:48 - #ecommerce #mirakl #fintech #supplychain

Conexiom Voices: Software Developer Paz Gonzalez Provides Behind-the-Scenes Insight into Conexiom's Base Automation Solution

SupplyChain - Conexiom - Raised on the warm, white-sand beaches of Costa Rica, Paz Gonzalez now resides near the snowy white mountains of Vancouver, British Columbia. As an outdoor enthusiast, Paz enjoys the Canadian weather through activities like snowshoeing, skiing,...
Wed, 30 Dec 2020 18:13:25 - #salesforce #ai #machinelearning #conexiom #supplychain

Model N Announces New Chief Financial Officer

Business Wire - Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced that John Ederer has joined the company as Chief Financial Officer (CFO). Ederer brings more than 25 years of financial leadership experience to...
Wed, 30 Dec 2020 16:35:51 - #supplychain

Virtual Cards and Straight-Through Processing Set To Level B2B Playing Field

Media - PYMNTS.com - Virtual cards and straight-through processing (STP) are poised to get more attention from buyers and suppliers as the pandemic recedes. As Nick Reid, director of B2B Partner Development at Conferma Pay, told PYMNTS, though not new, STP -...
Wed, 30 Dec 2020 16:35:43 - #acquisition #fintech #supplychain

Outlook 2021: What's in store for logistics supply chain?

SupplyChain - DC Velocity - Asking someone to predict the future in these tumultuous times is a tall order. But we found the right man for the job.
Tue, 29 Dec 2020 18:13:40 - #supplychain

NexTech To Buy $2million in Bitcoin with Treasury

Globe Newswire - NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a leading provider of virtual and augmented reality (AR) experience technologies and services for eCommerce, education, conferences and events today announced that it plans to make...
Tue, 29 Dec 2020 17:37:29 - #ecommerce #supplychain

Defending the COVID-19 Vaccine Supply Chain

Infosec - Dark Reading - We must treat this supply chain like a piece of our nation's critical infrastructure, just like the electrical grid or air traffic control system.
Tue, 29 Dec 2020 17:13:42 - #coronavirus #supplychain

Finding The Tech-Human Balance In B2B Payment Optimization

Media - PYMNTS.com - Although it occurred under dire circumstances, 2020 was the year that many organizations finally ditched the paper check in B2B payments - or, at the very least, helped to move the needle toward electronic payments.
With 2021 on the horizon,...
Tue, 29 Dec 2020 17:13:36 - #robotics #ai #supplychain

Amazon Delivers Record-Breaking 1.5 Billion Holiday 2020 Packages

Media - PYMNTS.com - Amazon is reporting a record-breaking holiday shopping season that saw more than 1.5 billion toys, electronics and household goods delivered amid the global COVID-19 pandemic.
"Amazonians around the world have truly shown what it means to...
Tue, 29 Dec 2020 17:13:35 - #coronavirus #robotics #supplychain

CISA unveils white paper for digital transformation in Taiwan

Media - DIGITIMES - Taiwan-based Information Service Industry Association (CISA) has published a white paper aimed at helping government and private sectors in digital transformation.
Tue, 29 Dec 2020 16:35:15 - #digitaltransformation #supplychain

CFOs Navigate Season Of B2B Payments Change

Media - PYMNTS.com - The B2B payments landscape has always been evolving, but change in the industry has never been more acute than right now.
With the pandemic forcing accounts payable (AP) and accounts receivable (AR) departments to hit the gas on their digitization...
Tue, 29 Dec 2020 16:35:13 - #fintech #supplychain

Geolocation Puts A Pin In Anti-Fraud Solutions

Media - PYMNTS.com - With digital transactions and eCommerce soaring during the pandemic, the rate of increasingly sophisticated fraud has also risen. With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of...
Tue, 29 Dec 2020 16:35:11 - #ecommerce #cybersecurity #digitaltransformation #supplychain

Lockheed Martin Celebrates a Year of F-35 Successes

PR Newswire - Lockheed Martin (NYSE: LMT) delivered the 123rd F-35 aircraft of the year last week. Lockheed Martin delivered the 123rd F-35 aircraft of the year last week. The 123rd aircraft is an F-35A conventional takeoff and landing (CTOL) variant,...
Mon, 28 Dec 2020 19:40:48 - #lockheedmartin #supplychain

Best Supply Chain Management Software

Web Marketing - Quick Sprout - Supply chain management is a complex process. It involves communication and collaboration between a number of parties involved in the supply and demand life cycle of a product.
In essence, the right supply chain management software can...
Mon, 28 Dec 2020 19:40:47 - #robotics #ai #supplychain

FedEx Completes Acquisition of ShopRunner, Expanding its E-Commerce Capabilities

Business Wire - FedEx Corp. (NYSE: FDX) announced today that it has completed its previously announced acquisition of ShopRunner, the e-commerce platform that directly connects brands and merchants with online shoppers. ShopRunner's capabilities complement and expand...
Mon, 28 Dec 2020 19:40:14 - #acquisition #supplychain

FedEx Wraps Up ShopRunner Purchase

Media - PYMNTS.com - FedEx Corp. said on Monday (Dec. 28) that it has finished its purchase of ShopRunner, which had been announced in the past. The logistics company said that ShopRunner's functions complement and grow its eCommerce portfolio and are anticipated...
Mon, 28 Dec 2020 19:40:10 - #ecommerce #supplychain

An Order-To-Cash Overhaul Is Coming For B2B Payments

Media - PYMNTS.com - PYMNTS December 2020 Global B2B Payments Playbook done in collaboration with Worldpay makes a simple, somewhat baffling observation: "Many B2B payments are [still] being made over the same rails that firms have leveraged for decades, utilizing...
Mon, 28 Dec 2020 19:14:18 - #ecommerce #ai #digitaltransformation #supplychain

The ERP Takes A Wrecking Ball To Construction Workflow Friction

Media - PYMNTS.com - As the single source of truth within the back office, the enterprise resource planning (ERP) system continues to play a vital role across many functions, particularly those involving finance and payments. In the construction industry, the...
Mon, 28 Dec 2020 19:14:15 - #fintech #supplychain

How New B2B Payment Models Tackle The Buyer-Supplier Conflict

Media - PYMNTS.com - While 2020 has been a monumental year for B2B payments digitization and innovation, plenty of friction still exists in the way corporate buyers pay their suppliers.
One of the most prominent culprits behind that friction is the intrinsic...
Mon, 28 Dec 2020 19:14:14 - #ecommerce #fintech #supplychain

iPhone 12 component order dynamics to last till 1H21

Media - DIGITIMES - Some market observers are predicting that related order dynamics for the iPhone 12 will peak in first-quarter 2021 before heading for a downward adjustment. But the messages that Digitimes has managed to gather from Apple's ecosystem show...
Mon, 28 Dec 2020 19:14:04 - #iphone12 #supplychain

Highlights of the day: iPhone supply chain to remain robust through 1H21

Media - DIGITIMES - Some market observers believe iPhone 12 may see order momentum decline in second-quarter 2021, but Digitimes' study of Apple's ecosystem has come to a more optimistic outlook, with components orders for the iPhone 12 to remain strong through...
Mon, 28 Dec 2020 19:14:01 - #iphone12 #amd #tsmc #supplychain

Report: PayPal, Crypto Firm BitGo Acquisition Talks Fall Through

Media - PYMNTS.com - PayPal has dropped its bid to acquire bitcoin wallet purveyor BitGo but remains interested in investing in the cryptocurrency space, Fortune reported.
PayPal's pursuit of BitGo became public in October, though neither company would confirm...
Mon, 28 Dec 2020 19:13:54 - #acquisition #supplychain

UK Brexit Deal With EU Will See Less Shared Regulation, Services And Trade

Media - PYMNTS.com - A Brexit deal has been reached between the U.K. and European Union (EU), which will help to define the future relations of the two entities, The Wall Street Journal (WSJ) reports.
"So we have finally found an agreement. It was a long and...
Mon, 28 Dec 2020 19:13:52 - #coronavirus #tariff #supplychain

US Retail Sales Up 2.4 Pct From Nov To Dec 24

Media - PYMNTS.com - Holiday sales rose this year compared to last but failed to meet many analysts' expectations and were especially disappointing for brick-and-mortar operators, according to a variety of data sources.
Mastercard SpendingPulse, whose data reflects...
Mon, 28 Dec 2020 19:13:50 - #ecommerce #supplychain #outlook

Tech companies aren't doing enough to keep their devices out of landfills, and neither are we

Media - CNBC - Tech - Apple, Samsung and others have to do more to fix this problem of e-waste, and consumers need to be more responsible when buying and discarding their devices.
Sun, 27 Dec 2020 18:13:35 - #samsung #supplychain

Deep Dive: How Companies Can Use Automation To Face Cross-Border B2B Payment Challenges

Media - PYMNTS.com - The order-to-cash (O2C) process is inherently complex.
Companies must smoothly manage everything from initial orders and invoicing to product delivery and the notification of payment receipts to complete it, making it a long and cumbersome...
Sat, 26 Dec 2020 00:36:56 - #supplychain

Zooming In Sweatpants: Workers Reevaluate The Remote Lifestyle

Media - PYMNTS.com - Beyond the devastating global health impacts, on top of the sweeping economic trauma, the coronavirus will also go down in history for ushering in a number of unprecedented lifestyle changes, many of which have been well-received and are...
Sat, 26 Dec 2020 00:36:54 - #coronavirus #smartphone #supplychain

General Dynamics awarded $4.6 billion U.S. Army contract for latest configuration of Abrams Main Battle Tanks

PR Newswire - General Dynamics Land Systems, a business unit of General Dynamics (NYSE:GD), announced today that it was awarded a $4.6 billion fixed-price-incentive contract to produce M1A2 SEPv3 Abrams main battle tanks for the U.S. Army. Work...
Sat, 26 Dec 2020 00:13:18 - #usarmy #supplychain

Autonomous cargo e-bike follows its rider

Media - eeNews Europe - IAV in Germany has developed an autonomous electric tricycle for 'last mile' deliveries that follows its rider with cargo
IAV has worked with research institute FZI on the e-bike design and is turning this into an autonomous vehicle...
Fri, 25 Dec 2020 23:13:47 - #robotics #siemens #ai #ces #lidar #supplychain

PCB makers to see copper foil shortage in 1H21

Media - DIGITIMES - Taiwan's PCB industry is expected to face shortages of upstream materials in first-half 2021, particularly copper foils for both general and high-end applications, according to industry sources.
Fri, 25 Dec 2020 23:13:42 - #pcb #supplychain #outlook

Five Ways The Connected Economy And Big Tech Helped U.S. GDP Recover

Media - PYMNTS.com - Commerce Department figures out Tuesday (Dec. 22) showed that the U.S. economy snapped back at a 33.4 percent annual rate during the third quarter following the second quarter's 31.4 percent COVID-related tumble. That's an even larger Q3...
Fri, 25 Dec 2020 23:13:36 - #coronavirus #ecommerce #ai #fintech #supplychain #outlook

Amazon Puts Off Merchant Fulfillment Fee Hikes Until June

Media - PYMNTS.com - Amazon is postponing its logistics fee increase to help accommodate businesses affected by the pandemic, a company letter from Amazon Worldwide Consumer CEO Jeff Wilke stated.
Wilke wrote that the eCommerce giant will continue to take on...
Fri, 25 Dec 2020 23:13:35 - #ecommerce #supplychain

Electrification & Autonomy: Two Drivers of Auto Industry

Aspencore - EETimes - For several years now, the CASE acronym has been driving the automotive industry. It refers to "Connected" cars, "Autonomous/Automated" driving, "Shared," and "Electric." Among these four axes of development, it seems that two are gathering...
Fri, 25 Dec 2020 22:13:25 - #sic #power #galliumnitride #supplychain

4 Predictions That Will Redefine Manufacturing and Distribution in 2021

SupplyChain - Conexiom - For manufacturers and distributors, 2021 is a time to learn from the disruptions of 2020. This year will redefine business leadership and success as automation plays a deeper role in supporting operations and processes.
These four dynamics...
Fri, 25 Dec 2020 21:36:49 - #ai #conexiom #supplychain

How Distributors Are Driving the Future of Supply Chain Innovation

SupplyChain - SCMR Editorial - The era of customer centricity is giving distributors more leverage, as they're more and more attuned to consumers' needs and capable of influencing purchasing decisions.
Fri, 25 Dec 2020 21:36:48 - #supplychain

Semiconductor shortages are causing delays at several Volkswagen factories

Tech - Digital Trends - Semiconductor suppliers shifted to consumer products earlier in 2020, but the car market rebounded quickly.
Fri, 25 Dec 2020 21:36:39 - #supplychain

The IoT's E-Waste Problem Isn't Inevitable

Electronics - IEEE Spectrum - In my office closet, I have a box full of perfectly good smart-home gadgets that are broken only because the companies that built them stopped updating their software. I can't bear to toss them...
Fri, 25 Dec 2020 21:13:46 - #iot #dell #supplychain

Revised US Report Says Economy Grew 33.4 Pct In Third Quarter

Media - PYMNTS.com - An update to the U.S. government's economic report boosted its earlier estimates of growth up by a bit. The economy, as measured by gross domestic product (GDP), grew by about one-third in the third quarter of 2020.
The Bureau of Economic...
Fri, 25 Dec 2020 21:13:30 - #coronavirus #economic #supplychain #outlook

Putting Subscription Commerce's 'Get, Keep and Grow' Playbook To Work

Media - PYMNTS.com - In the beginning, there were bundles. Then came unbundling, followed not long after by the introduction of "rundles," or recurring revenue bundles. And now, thanks to a global pandemic that has pushed more business online, tightened wallets...
Fri, 25 Dec 2020 20:34:33 - #coronavirus #acquisition #supplychain

Lockheed Martin announces a deal to acquire Aerojet Rocketdyne for $4.4 billion

Tech - GeekWire - Aerojet Rocketdyne employees and VIPs, including representatives from Lockheed Martin, gather for a group picture in 2017 at Aerojet's Redmond facility with a banner that says, "The Road to Mars Goes Through Redmond, WA." (Aerojet Rocketdyne...
Fri, 25 Dec 2020 18:13:29 - #northropgrumman #ula #acquisition #nasa #lockheedmartin #supplychain

Freelancer.com On Why It Pays To Think Local

Media - PYMNTS.com - Firms quickly adopted solutions to operate remotely in the wake of the pandemic, and the global health crisis also appears to have changed the ways many of these companies find new talent.

More companies are turning to freelancers or independent...
Thu, 24 Dec 2020 23:13:36 - #supplychain

CalcuQuote grows global team with two new European team members

Media - Evertiq - Quoting and supply chain software provider for the EMS industry, CalcuQuote, has strengthened its global presence with the addition of two new European team members.
Thu, 24 Dec 2020 23:13:33 - #calcuquote #supplychain

A guide to Brexit for ecommerce businesses

SupplyChain -
Thu, 24 Dec 2020 22:36:56 - #ecommerce #supplychain

Volkswagen Faces 'Massive' Shortage of Electronic Parts

U.S. News - Volkswagen says it's facing a massive parts shortage that's causing production slowdowns at factories in China, Europe and North America.
Thu, 24 Dec 2020 20:13:25 - #supplychain

Conexiom Voices: Product Manager Paloma Scheck Leads Conexiom's Apps Within Salesforce

SupplyChain - Conexiom - Paloma Scheck lives in Denver, Colorado, with her adorable rescue dog, Pilot. When she's not walking Pilot, Paloma is likely reading or working out, two activities that she enjoys while not being able to travel during COVID restrictions.
As...
Thu, 24 Dec 2020 19:33:26 - #ecommerce #salesforce #ai #conexiom #supplychain

Chinese chip giant SMIC and global drone leader DJI added to U.S. trade blacklist

Media - FierceElectronics - Chinese chip giant SMIC and global drone leader DJI added to U.S. trade blacklist
Tue, 22 Dec 2020 23:13:22 - #drones #supplychain

The Global Impact Of COVID-19 Lockdowns To Supply Chains in 2020 Yet to Be Measured

SupplyChain - SCMR Editorial - While global supply chain managers are still dealing with new Pandemic mandates, BSI, the has released its 2020 assessment on the global impact of COVID-19 lockdowns.
Tue, 22 Dec 2020 20:13:24 - #coronavirus #supplychain

BluJay and FourKites Renew Partnership to Provide Increased Value to Joint Customers

Globe Newswire - BluJay Solutions, a leading provider of global supply chain software and services, today announced that FourKites(r) has renewed its partnership with BluJay, which provides an out-of-the-box, two-way integration for customers to access FourKites' visibility...
Tue, 22 Dec 2020 17:38:11 - #fourkites #supplychain