Santander has teamed with Pemberton Asset Management on a new supply chain solution. The banking giant and the private credit manager have formed Invensa, a company focused on supply chain inventory solutions for larger and mid-sized corporations, according to a Tuesday (Dec. 3) press release. “In the...
All industries are in the midst of a digital shift — but freight and fleet management firms are among those most urgently in need of a movement away from paper-based processes toward digital makeovers. Speedier booking, invoicing and payments benefit supply chains, too: the movement...
Back in 2019 — a lifetime ago, before the pandemic uprooted everything — PYMNTS published a report titled “The Trade Credit Dilemma,” spotlighting the $3.1 trillion U.S. firms were owed on any given day. Receivables are what’s owed, and what ideally should be spun by...
Former Amazon and Flexport executive Dave Clark is launching a supply chain software startup. Auger, the focus of a Tuesday (Oct. 8) CNBC report, aims to help businesses and government agencies meld what Clark calls the various “Franken-software” managing their supply chains into one platform....
Customer expectations have been transformed by eCommerce, and logistics must keep up. Whether it’s retailers trying to compete with Amazon’s delivery promises or manufacturers juggling global supply disruptions, logistics is now a game of precision, speed and convenience. Wing, Alphabet’s on-demand drone delivery service, announced...
Operations at around three dozen U.S. ports are in limbo as a union strike looms. The disruption, spanning the East Coast down to the Gulf, all the way from Searsport, Maine, to Brownsville, Texas, could spell disaster for both domestic and foreign supply chains across...
NASA operates one of the most complex supply chains in the world. Its procurement processes span numerous industries, ranging from aerospace and electronics to materials science and logistics. That supply chain came under a spotlight with the Tuesday (Sept. 17) news that Axiom Space, a...
Mitigating risk by controlling the controllable is increasingly top of mind for global, enterprise businesses. And with the news Friday (Sept. 13) that the White House is considering closing a rule that allows foreign eCommerce giants, such as Shein and Temu, to ship direct to U.S. consumers without duties or...
When it comes to controlling for what’s controllable, supply chain resilience is top of mind. After all, against the backdrop of today’s shifting and dynamic operating environment, the enterprise focus will need to shift from viewing supply chains as cost centers to recognizing them as...
