Sourcing & Procurement: Page 323

Risk/Compliance
New Report from 1010data: COVID-19 and Retail Spending in the Face of a Pandemic
1010data, Inc.
The data compares consumer retail sectors to both their past performances as well as current sales in other sectors such as airline travel, US cruise and hospitality.
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Software & Technology
New Research Confirms Blockchain’s Effectiveness for Improved Data Sharing in the Retail Industry
GS1 US
The Auburn University RFID Lab completed a proof-of-concept that demonstrates the effectiveness of blockchain and radio frequency identification (RFID) technologies to improve serialized data sharing in the retail industry.
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Risk/Compliance
New Research May Help Prevent Panic Buying in the Future
Two marketing researchers produced a study that reveals that a consumer’s decision on how much to buy in each shopping trip depends on their current inventory and what they expect prices to look like in the near future.
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3PL/4PL
RJW Logistics Invests Further in Chicago Area for Latest Warehouse
RJW Logistics Group
RJW is opening a new warehouse in Chicagoland, focusing on sustainability and innovation with battery powered equipment and LED lighting.
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Transportation
Frayt Helps Businesses Roll Out Same-Hour Deliver in 13 Markets
Frayt Technologies, Inc.
Frayt is scaling up its delivery network to provide same-hour services of goods in the Midwest as companies work to get their products to customers even as their retail locations have shuttered.
App Photo
Sourcing & Procurement
Seegrid Raises $25 Million in Growth Equity
Seegrid
Specific financial terms were not disclosed, however, the company indicated that the investment reflects a multi-hundred million dollar valuation.
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Warehousing
Global Warehousing and Storage Market to Grow by 7%
The warehousing and storage market is poised to grow by $326.91 billion, during 2020-2024.
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Software & Technology
UPS Collaborates With Wingcopter For Package Delivery Innovation
United Parcel Service (UPS)
In a move to uproot the last-mile delivery sector, UPS's Flight Forward Division is looking to Wingcopter to develop new package delivery drones.
Ups Wingcopter
Software & Technology
Supply Chain Tech Looks Beyond Coronavirus With New Management
Technology providers in the supply chain are hoping to power through the Coronavirus (COVID-19) pandemic and look beyond into 2021 with their strategies in upper management.
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Last-Mile
OneRail Launches QuickStart Enabling Retailers to Instantly Launch and Scale Delivery Services
OneRail
OneRail has launched a new service available to retailers needing to immediately find more final mile delivery capacity in order to support the e-commerce demand spike caused by the Coronavirus pandemic.
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Reverse Logistics
Partners Must Keep Standards With Blockchain to Prevent Bad Data
GS1 US
GS1 has developed guidelines to follow to ensure partners have good practices when adopting blockchain technology.
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Warehousing
Major Retail Supply Chains See Transformation in Authority Roles
Leaders in the retail and supply chain industries are undergoing a transformation in terms of leadership, with board of directors and top executives experiencing a variety of changes.
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