Supply Chain

In business and finance, supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Source: en.wikipedia.org

Retail Inventories Increase 5.6% Year Over Year in February
Retail Inventories Increase 5.6% Year Over Year in February
March 29, 2024  |  Retail

Retail inventories increased to $808.8 billion in February. That figure is 0.5% higher than January and 5.6% higher than it was a year earlier, the...

READ MORE >
Gather AI Raises $17 Million for AI-Powered Inventory Monitoring
Gather AI Raises $17 Million for AI-Powered Inventory Monitoring
March 27, 2024  |  Investments

Gather AI has raised $17 million to scale its computer vision and AI-powered warehouse inventory monitoring offerings. The Series A-1 round, announced Wednesday (March 27), will be used...

READ MORE >
How Digital Solutions Are Giving Freight Industry a Modern Lift
How Digital Solutions Are Giving Freight Industry a Modern Lift
March 26, 2024  |  Shipping

Historically, freight forwarding has been a complex and labor-intensive process, characterized by manual paperwork, fragmented communication channels and numerous intermediaries.  However, the emergence of digital...

READ MORE >
FTC Says Grocery Giants Profited From Pandemic-Era Supply Chain Problems
FTC Says Grocery Giants Profited From Pandemic-Era Supply Chain Problems
March 21, 2024  |  Economy

Large players in the grocery industry took advantage of the pandemic’s supply chain problems to raise prices and profits and keep them high. So said...

READ MORE >
Accenture Acquires Flo to Speed Digital Supply Chain Transformation
Accenture Acquires Flo to Speed Digital Supply Chain Transformation
March 19, 2024  |  Acquisitions

Professional services firm Accenture has acquired supply chain logistics specialist Flo. The deal, announced Tuesday (March 19), will move Flo’s 280 employees to the Accenture Oracle Business Group,...

READ MORE >
FLEETCOR Invests in Zapay, Expands Vehicle Payments Business in Brazil
FLEETCOR Invests in Zapay, Expands Vehicle Payments Business in Brazil
March 06, 2024  |  Transportation

Business payments company FLEETCOR Technologies has closed a majority investment in Brazilian vehicle payments company Zapay. This investment further scales FLEETCOR’s Vehicle Payments business in Brazil, providing access...

READ MORE >
AI-Powered Innovations Cut Construction Procurement Time in Half
AI-Powered Innovations Cut Construction Procurement Time in Half
March 06, 2024  |  artificial intelligence

Almost every construction project comes with two unavoidable truths: unexpected delays, and extra costs. But while construction projects facing procurement snags while running up labor...

READ MORE >
Itemize Adds AI Copilots to Streamline Financial Processes
Itemize Adds AI Copilots to Streamline Financial Processes
March 05, 2024  |  artificial intelligence

Itemize has introduced AI Copilots for Financial Transaction Processing, a feature that integrates with the company’s existing capabilities. The company offers AI Copilots for accounts...

READ MORE >
Coupa Adds GenAI and Innovation Features to Supply Chain Platform
Coupa Adds GenAI and Innovation Features to Supply Chain Platform
March 04, 2024  |  B2B Payments

Coupa has announced its latest launches around generative artificial intelligence (AI) and innovation. These new innovations join the company’s existing artificial intelligence (AI)-driven platform designed...

READ MORE >