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

Logistics Startups Slash Jobs as Freight Volumes Drop
Logistics Startups Slash Jobs as Freight Volumes Drop
January 29, 2024  |  Transportation

Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the...

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Flexport Reportedly Plans to Lay Off 20% of Staff
Flexport Reportedly Plans to Lay Off 20% of Staff
January 28, 2024  |  Supply Chain

Supply chain logistics company Flexport is reportedly embarking on another sweeping round of job cuts. The firm plans to cut almost 20% of its staff — about 500...

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Retailers Rediscover ‘Just-in-Time’ Inventory After Years of Pileups
Retailers Rediscover ‘Just-in-Time’ Inventory After Years of Pileups
January 24, 2024  |  Retail

Retailers are reportedly embracing “just-in-time” inventory management once more after years of excess stock. As The Wall Street Journal (WSJ) reported Wednesday (Jan. 24), merchants...

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How GreyOrange CEO Will Use $135M, AI and Robots to Modernize Warehousing and Fulfillment
How GreyOrange CEO Will Use $135M, AI and Robots to Modernize Warehousing and Fulfillment
January 22, 2024  |  B2B Payments

Omnichannel commerce has transformed how we pay for things and the length of time in which we expect to get what we pay for. Delivery...

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World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
January 17, 2024  |  Connected Economy

The World Bank isn’t banking on the world’s economy getting much better.  At least in the near term.  In its semiannual Global Economic Prospects report,...

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Shipping Companies Maersk and Hapag-Lloyd to Create Interconnected Ocean Network
Shipping Companies Maersk and Hapag-Lloyd to Create Interconnected Ocean Network
January 17, 2024  |  Shipping

Global shipping companies Maersk and Hapag-Lloyd have signed an agreement for a long-term operational collaboration. This collaboration, known as the “Gemini Cooperation,” will begin in...

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Databricks and NIQ Collaborate on Retail Supply Chain Forecasting
Databricks and NIQ Collaborate on Retail Supply Chain Forecasting
January 16, 2024  |  Retail

Databricks and NIQ have teamed to introduce a supply chain solution for retailers. The tool is built on the Databricks Data Intelligence Platform and allows for real-time collaboration,...

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CPGs Get Failing Grade on Digitizing Supply Chains, Say RELEX Co-Founder
CPGs Get Failing Grade on Digitizing Supply Chains, Say RELEX Co-Founder
January 12, 2024  |  Supply Chain

Like all chains, supply chains are only as strong as their weakest link.  Only, unlike most physical chains, identifying the weakest link in a complicated...

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Maalexi Raises $3 Million to Facilitate Cross-Border Trade for Agribusinesses
Maalexi Raises $3 Million to Facilitate Cross-Border Trade for Agribusinesses
January 08, 2024  |  Investments

Maalexi has raised $3 million in a Pre-Series A funding round to continue building its cross-border trade platform for small agribusinesses. The platform connects buyers...

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