In a bid to ease ingredient shortages, multinational food and beverage giant PepsiCo said it is planning to automate and digitize more of its supply chain data in hopes of boosting efficiency and garnering other time-saving insights. In joint prepared remarks Wednesday (Oct. 12) accompanying...
Africa’s startup ecosystem raised nearly $5 billion in venture capital (VC) funding last year, twice as much as in 2020. For Zekarias Amsalu, founder and CEO at investment advisory firm IBEX Frontier, that growing attractiveness can be attributed to an awakening in the international investor...
Procurement analytics platform Sievo has raised $44 million in growth investment and will use it to accelerate the growth of the platform in U.S. and global markets. Sievo provides spend management software and other services to help businesses create a procurement information hub, analyze data...
As inflation rises across all links of the supply chain, restaurants are challenged to contend with ever-rising costs for ingredients and supplies. By the Numbers Research from PYMNTS’ study PYMNTS study “Main Street Health Q3 2022: SMBs Battle Inflation,” which draws from a July survey...
The pandemic changed everything, but it remains true that success happens when two minds come together and create innovation. Clearly, eCommerce firms are looking to expand their businesses across borders in a turbulent world. Geopolitical tensions, including the ongoing war in Ukraine, create supply chain...
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...