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Sourcing & Procurement: Page 323
Risk/Compliance
NHL Faces a Hockey Stick Shortage as Coronavirus Outbreak Continues
Nearly 75% of sticks used in the NHL come from Chinese factories, creating a major shortage for the sport.
Sourcing & Procurement
Valentine's Day Spending Reaches Record Levels
Coming off a strong holiday season, consumers are willing to spend a little bit more on Valentine's Day gifts.
Warehousing
Vecna Robotics Announces $50 Million Financing to Expand Development of Warehouse Robots
Vecna Robotics
Vecna Robotics’ solutions focus on maximizing workflow efficiency with fully autonomous pallet trucks and tow tractors combined with Pivotal, the world’s first AI-based orchestration agent.
Risk/Compliance
Coronavirus Causes Imports to Drop in Early Months of 2020
With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are expected to see a sharper-than-usual drop this month.
Software & Technology
Infosys to Acquire Simplus
Infosys
This acquisition elevates Infosys' position as an end-to-end Salesforce enterprise cloud solutions and services provider, offering clients unparalleled capabilities for cloud-first digital transformation.
Hiring
Logistics Hiring in US Grows
Logistics hiring in the United States continued to grow in January.
Software & Technology
Locus Robotics Passes 100 Million Units Picked, Breaking Warehouse AMR Robotics Industry Records
Locus Robotics
Locus Robotics announced they have crossed the 100 million units picked milestone. Locus is the first company to reach this mark in the warehouse AMR industry's history.
Risk/Compliance
China Slashes Tariffs on US Products as Trump Looks to Leave the WTO Government Procurement Agreement
As the Trump administration works to repair its trading relationship with China, it may wreck some others by looking to leave the WTO Government Procurement Agreement.
Warehousing
Study Unveils the Future of Digital Supply Chains
LogisticsIQ
Major drivers of growth entail Big Data, demand for greater visibility and transparency and the adoption of artificial intelligence and blockchain technologies.
Robotics
Warehouse Robotics Market to Expand at Growth Rate of 12% CAGR
Transparency Market Research
Warehousing has come a long way from those days when it was a labor-intensive trade to this day when man and machines work together in every step of the supply chain.
Transportation
Bolt Express Acquires Premium Transportation Logistics
Terms of the deal are not being disclosed.
Sourcing & Procurement
Supply Chain Analytics Startup ClearMetal Raises $31 Million in Funding
ClearMetal
The ClearMetal CDX Platform uses proprietary machine learning with multiple patents pending to cross-reference inputs and enrich supply chain data.
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