Supply Chain news and trends

US Impending Ban on Software Sparks Concerns Over Connected Car Future

January 14, 2025
connected cars
New Year, New Supply Chain: Procurement Innovations Shake Up Growth
B2B Payments // January 02, 2025

As 2025 kicks off, B2B enterprises are looking internally for critical growth areas. Increasingly, what they are finding is that the procurement function represents a strategic lever for unlocking competitive differentiation. Until recently, and for decades before then, procurement teams in global organizations were viewed...

Digital B2B Marketplaces Are Cutting Out Middlemen While Reshaping Procurement
B2B Payments // December 12, 2024

There’s a sea of change sweeping through the B2B landscape. Traditional models of enterprise buying and selling are being displaced by digital marketplaces that aim to streamline workflows, reduce costs and deliver consumer-grade experiences to business buyers. After all, as of Tuesday (Dec. 10), you...

Prima to Expand Supply Chain Integrator Offering Across North America
Investments // December 06, 2024

Mexico City-based Prima has raised $23 million in funding to expand its offerings as a manufacturing and supply chain integrator across North America. The latest funding brings Prima’s total funding, including previously undisclosed rounds, to $42.5 million, the company said in a Friday (Dec. 6)...

Logility Adds New AI Capabilities to Supply Chain Management Offering
News // December 03, 2024

Supply chain management software maker Logility has introduced “two AI-native” capabilities. The new artificial intelligence (AI)-powered offerings, set to become available in spring 2025, are designed to “reimagine the way supply chain execution gets done,” the company said in a Tuesday (Dec. 3) news release....

Interviews & Exclusives
US Impending Ban on Software Sparks Concerns Over Connected Car Future

January 14, 2025
The U.S. government’s impending ban on certain car parts from China and Russia, particularly those critical for connectivity and vehicle autonomy, is raising concerns across the automotive industry. Automakers, including General Motors, Toyota, Hyundai and Volkswagen, are calling for a delay in the rule’s enforcement, citing potential disruptions to production timelines. The ban, which targets components […]

Robots and AI Are Rebuilding the Supply Chain From Ground Up

November 19, 2024
Distribution yards, the critical junctions between warehouse facilities and over-the-road (OTR) transportation, have long stood as bottlenecks in supply chain operations. Each day, millions of trailers and containers pass through...

WEX: How Companies Are Slashing Costs by Optimizing Business Payments

September 24, 2024
Choice can be both a necessity and a paralyzing paradox. Particularly in the world of business payments, finding the optimal mix of payment methods has become a critical challenge for...

Data Shows 93% of Truckers Would Use Instant Payments if Offered

August 19, 2024
The transportation industry is a high-speed world of logistics and delivery, where efficiency and speed are paramount. Yet, the methods by which many transportation businesses conduct financial transactions are not...

Quick Reads
Prima to Expand Supply Chain Integrator Offering Across North America

December 06, 2024
Mexico City-based Prima has raised $23 million in funding to expand its offerings as a manufacturing and supply chain integrator across North America. The latest funding brings Prima’s total funding, including previously undisclosed rounds, to $42.5 million, the company said in a Friday (Dec. 6) press release. Prima uses a technology-first model to manage every […]

Logility Adds New AI Capabilities to Supply Chain Management Offering

December 03, 2024
Supply chain management software maker Logility has introduced “two AI-native” capabilities. The new artificial intelligence (AI)-powered offerings, set to become available in spring 2025, are designed to “reimagine the way...

Santander and Pemberton Launch Supply Chain Solution Invensa

December 03, 2024
Santander has teamed with Pemberton Asset Management on a new supply chain solution. The banking giant and the private credit manager have formed Invensa, a company focused on supply chain inventory solutions...

Constrafor Raises $264 Million for Construction Finance Platform

November 27, 2024
Construction industry software firm Constrafor has raised $264 million in a Series A round. The funding round, announced Wednesday (Nov. 27), will help the company expand its technology platform, designed...