Blue Yonder has launched three new microservices that help companies better forecast inventory, orders and labor. The new Fulfillment Item Forecasting, Fulfillment Ordering Forecasting and Fulfillment Labor & Resource Forecasting are designed for retailers and manufacturers, encompass online and in-store shopping, and are delivered via Blue Yonder’s software-as-a-service (SaaS) offering, the...
The industrial economy has long been in need of a digital makeover. The mainstays of industry — where things are made, the tangible goods from semiconductor chips to cars to industrial agriculture (fertilizers, etc.) to … well you name it — have yet to fully...
Businesses throughout the economy felt the pain of pandemic-induced supply chain breakdowns. Now, those same businesses are increasingly investing in upgrades to make sure disruptions to their procurement processes don’t happen again, or if they do, they at least don’t wreak as much havoc. That’s...
Aramco and DHL Supply Chain are building a procurement and logistics hub in Saudi Arabia. The new hub will provide integrated procurement and supply chain services to customers in the industrial, energy, chemical and petrochemical sectors, the companies said in a Monday (March 20) press...
Retailers, dependent on supply chains, are making modernization moves to better facilitate keeping their inventory stocked, as indicated in the PYMNTS collaboration with Corcentric, “Digital Payments: Modernizing the Procurement Process.” Although less than one-third of sector businesses surveyed currently invest in automating their procurement systems,...
The old saying holds true: Chains are only as strong as their weakest links. And that’s especially true of supply chains, where disruptions during the pandemic laid bare the pain points and pressures caused by outdated procurement processes. After all, at the heart of any...
After years of shortages, global supply chains have returned to pre-pandemic levels. That’s according to findings Monday (March 6) in the Federal Reserve Bank of New York’s monthly Global Supply Chain Index (GSCPI), which shows supply chain pressures dropping even as consumers brace themselves for...
Supply chains may be healing, but the pressure they put on inflation remains. As Bloomberg News reported Sunday (Feb. 26), shipping costs have come down in some places but not others. An estimated 70% of goods that ship in containers on massive cargo ships are...
nChain and Unisot have partnered to improve supply chain traceability for all participants. With this strategic partnership, Unisot’s supply chain traceability and sustainability platform will incorporate nChain’s blockchain technology, the companies said in a Thursday (Feb. 16) press release. “This will give us the resources...