Supply chain finance (SCF) and technology firm Esker has made an equity investment in partner LSQ, a capital finance and and payments company. The first phase of the investment is a $5 million promissory note, an announcement from Esker stated Wednesday (April 20). The announcement...
Today’s restaurants are facing both unprecedented opportunities and unprecedented challenges. On the one hand, in the aftermath of the first two years of the pandemic, consumer demand is high, with many people seeking out both on- and off-premise culinary experiences. On the other hand, the...
China plans to increase its financial support for technological innovation and take measures to secure its supply chain stability. As Reuters reported Tuesday (April 19), citing a China Central Television broadcast, the government also wants to boost funding for less-developed and border areas, while putting...
Fleet technology company LocoNav has launched a partnership with Locus to provide automation for supply chain operations, the companies announced Wednesday (April 6). Based in India, Locus uses machine learning, deep tech and proprietary algorithms to deal with complicated last-mile issues. According to the press...
As businesses across industries struggle with supply chain challenges, small, independent players tend to be hit hard. Leveraging its scale to create an additional revenue stream by offering a solution to those struggling in this respect, grocery giant The Kroger Co., parent company of not...
The global wholesale sector is expected to experience significant growth by the end of 2022, but late payments continue to be an issue that continually leads to cash flow problems. As supply chain needs have shifted, more companies have also turned to digital channels for...
Outsourced CFO service provider Amplēo has teamed up with VenConnect, a vendor and supplier payments platform, to improve supply chain finance for companies in Utah and the Rocky Mountain states. As part of the arrangement, which was announced in a news release Tuesday (March 29), Amplēo...
Digital supply chain platform Blue Yonder and data cloud company Snowflake are collaborating to improve access to supply chain data, according to a Tuesday (March 29) press release. Blue Yonder’s Luminate Platform, Powered by Snowflake, is an end-to-end supply chain solution that allows retailers, manufacturers...
Supply chains are the links that underpin commerce, from the single click of an online “buy” button to the doorstep delivery. Along the way, after the purchase is made, there’s an intricate web between shippers and carriers at work — along logistics routes that match...
