Profit plunge at Richelieu Hardware! Find out how high-cost inventory crushed margin
Richelieu Hardware reported a sharp decline in profits for the third quarter, citing high-cost inventories as a key factor behind the drop. The Canadian specialty ... Read More
Deutsche Post’s major shake-up: Will this restructuring take the German logistics firm to the top?
In a move that could significantly reshape its operations, Deutsche Post AG announced a decision to modernise its complex corporate structure, aligning it with its ... Read More
Kusari rakes in $8m to enhance software supply chain security
Kusari, a startup specializing in software supply chain security, today announced a remarkable milestone in securing $8 million through combined investments in its Pre-Seed and ... Read More
TCS unveils Product Life Cycle Profiler tool for measuring environmental impact
Tata Consultancy Services (TCS) has rolled out the TCS Product Life Cycle Profiler, a new life cycle assessment (LCA) tool. Priced for scalability, this tool ... Read More
AI company o9 Solutions expands operations with new Hyderabad hub
o9 Solutions, an artificial intelligence (AI) powered software platform specializing in supply chain management, has announced the immediate opening of o9 Hyderabad. This new hub ... Read More
FedEx Innovation Lab invests in Vue.ai for smarter, data-driven supply chains
FedEx Innovation Lab (FIL) has made a strategic investment in Vue.ai, the proprietary artificial intelligence (AI) stack of Mad Street Den that enables transformation for ... Read More
Tata Consultancy Services, Jaguar Land Rover launch innovation program in Tel Aviv
Indian IT company Tata Consultancy Services (TCS) and British automotive company Jaguar Land Rover (JLR) have jointly announced the launch of the latter’s Open Innovation ... Read More
HCL Technologies to enable segmentation implementation for SAP S/4HANA
HCL Technologies (HCLTech) has unveiled its conversion solution for supply chain segmentation and demand for SAP S/4HANA, a streamlined segmentation solution based on a characteristic ... Read More
ASRC Federal to acquire logistics and supply chain management unit of SAIC
ASRC Federal Holding Company has agreed to acquire the logistics and supply chain management arm of Science Applications International Corp. (SAIC) in an all-cash transaction ... Read More
Infosys helps mobility specialist ZF to transform supply chain operations
Infosys said that it has joined forces with mobility specialist ZF for revamping the latter’s multi-echelon supply chain with SAP Integrated Business Planning (SAP IBP) ... Read More