Pan-African telecom giant MTN Group has signed a partnership agreement with Johannesburg-based business-to-business (B2B) marketplace operator Dooka. The new partnership, announced by Dooka in a Wednesday (Sept. 7) press release, will help to transform MTN’s supply chain and lead to “digital transparency and greater efficiency...
When Shep Hickey was on the buy side of the steel business, the biggest frustration he had was busyness. “When I was a purchaser, my thought was it’s a real pain to buy something today I just bought yesterday and now it’s out of stock...
We live in an age where consumer payments are settled across platforms nearly instantaneously. But it’s also the same age where payments frictions are evident up and down supply chains. Truck drivers are stuck waiting 60 to 90 days after delivery to get paid. The...
Industrial commerce and supply chain digitization provider Inxeption has partnered with rug and bedding retailer Dahdoul Textiles to digitize the merchant’s supply chain and freight management processes. Using Inxeption’s Industrial Commerce SuperApp, Dahdoul Textiles books, tracks and manages truckload, less than truckload (LTL) and parcel...
The freight rate drop? It might be the pause that refreshes, but it’s nothing to bank on … and the transformation of supply chains must proceed apace. Time will tell whether the recent decline in freight rates, widely reported in the past several days by...
The supply chain crisis is an intermodal struggle. Freight fights to reach its destination by land, sea and air. Part of the problem is stubborn resistance to digitization and automation. A very small percentage of transactions are conducted entirely online. Read more: TradeLens: Transportation Transformation or...
Amazon is reportedly looking to build a logistics division in-house, through acquiring 51% of a stake in Ecom Express, the Indian end-to-end logistics solutions provider, a Seeking Alpha report said. The report cited unnamed sources saying the deal could go for between $500 million and...
Prices for automobiles, both new and used, were at a new high level as of June, a report from Seeking Alpha says. The company quoted Kelley Blue Book in saying that a new car in the U.S. sold for an average of around $48,000, which...
Global supply chains reported less strain in July than at any point since January 2021, with an easing of port congestion and other issues, the New York Federal Reserve reported on Thursday (Aug. 4). This was the third straight month of declines and showed encouraging...