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Sourcing & Procurement: Page 324
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.
3PL/4PL
3PL Central Launches 2020 State of the Third-Party Logistics Industry Report
Extensiv (formerly known as 3PL Central)
3PL Central launched its third annual State of the Third-Party Logistics Industry Report highlighting several key trends and best practices for companies in the supply chain and logistics industry.
3PL/4PL
Third-Party Logistics Market Revenue Growing at Over 9%
Global Market Insights
3PL service providers are transforming the supply chain management system in emerging markets.
Warehousing
Supply and Demand Imbalance Will Inflate Buyers Procurement Expenses for Warehouses
The global warehousing services market is poised to experience spend growth of more than $160 billion between 2019-2024 at a CAGR of nearly 6% during the forecast period.
Sourcing & Procurement
Metric of the Month: Trends in Structuring Supply Chain Analytics
APQC
Faced with vast and ever-growing amounts of data, the number of supply chain leaders that actively turn to analytics for decision making support is growing.
Software & Technology
Consumers are Prioritizing Convenience and Value in Their Shopping Experiences
Despite the persistent threat of a recession, consumers remain confident about their financial well-being and are contributing to CPG sales growth
3PL/4PL
DHL Expands Cleveland Facility
DHL Express
The move will accommodate further anticipated international trade growth resulting from a surge in e-commerce and a strong manufacturing presence in the region.
Software & Technology
Berkshire Grey Raises $263 Million in Series B Financing
Berkshire Grey
This capital will fuel Berkshire Grey’s global expansion, acquisitions and team growth as the company solidifies its position as the leading provider for AI and robotics solutions.
Transportation
Big-named companies join together to get more electric vehicles on the road
Some of the biggest companies are banding together for an electric-vehicle collaboration, aiming to get more electric vehicles on the road.
Warehousing
Reverse Logistics are costing supply chains a fortune
Returns are costing supply chains $50 billion each year, and that number is only expected to increase as e-commerce continues to grow.
Cold Storage
Report finds that warehousing market will grow at CAGR of 3% over the next five years
Research and Markets
E-commerce has largely driven the need for warehouse space as companies expand their spaces to be closer to the consumer.
Software Solutions
GlobalTranz builds on growth with acquisition of Cerasis
GlobalTranz
GlobalTranz has acquired Cerasis, making it the company's 11th acquisition in the last three years.
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