Woodstock Wire: Supply Chain News

October 25, 2020

AVs: Sense the Need for Supply Chain Collaboration?

Aspencore -- EETimes - Call it a wild guess, but I suspect I am not the only follower of the automotive industry who is tired of reading articles that lament the impact of Covid-19 and speculate, to varying degrees of accuracy, what kind of recovery is in store for...

October 25, 2020 01:15 AM

October 24, 2020

Managing The Juggling Act Of Third-Party Supplier Risk

Media -- PYMNTS.com - The gradual digitization of the enterprise and migration to the cloud has resulted in untold amounts of digital data being stored and shared across business partners. It's for this reason that cybersecurity risks have climbed to the top of...

October 24, 2020 10:12 PM

October 23, 2020

Sourceability Appoints Kevin Wang as Managing Director for APAC

Aspencore -- EPS News - Sourceability, the digital supply chain solutions provider, has appointed Kevin Wang as Managing Director for APAC, ushering in a renewed focus and support for the region. Wang joins after eight years at Future Electronics where he held the...

October 23, 2020 10:00 PM

Supply Chain Lessons From the Covid-19 Pandemic

Aspencore -- EPS News - Vishal Patel, VP product marketing, Ivalua

It would be hard to overstate the impact of the Covid-19 pandemic on organizations of practically every type. Industries that were prospering until last year are in bankruptcy now. Customer demand...

October 23, 2020 09:56 PM

More On Arctic Circle Supply Chain Options

SupplyChain -- SCMR Editorial - As outlined in our current website feature, climate change may make the Arctic Ocean a viable alternative sea channel for global supply chain managers. In this exclusive Q&A interview with Hiba Baroud, Vanderbilt University Littlejohn...

October 23, 2020 04:32 PM

Sourceability appoints new managing director for APAC

Media -- Evertiq - Semiconductor veteran joins the management team of digital supply chain solutions provider.

October 23, 2020 03:17 PM

How The Identity Of Things Makes Supply Chains Transparent

Media -- PYMNTS.com - In the age of eCommerce, supply chains must become more agile - and to become agile, they must embrace digitization.

Niall Murphy, CEO of EVRYTHNG, told PYMNTS in an interview that assigning individual items their own unique identities and...

October 23, 2020 03:16 PM

Supply Chains Will Shift, Digital Dollars Emerge After COVID-19

Media -- PYMNTS.com - Post-pandemic, digital dollars will make their way across supply chains drastically reconfigured, and China will be out of the picture as the dominant U.S. trading partner.

Maybe only a little of that will be true. The digital dollars part,...

October 23, 2020 03:15 PM

October 22, 2020

DECLINE IN MANUFACTURING ACTIVITY SLOWED FROM JULY SLUMP BUT REMAINS WEAK - CBI

Media -- eBOM - Output volumes in the three months to October fell at their slowest pace since March 2020, according to the latest CBI quarterly Industrial Trends Survey. Output dropped in 10 out of 17 sub-sectors, with the headline decline driven by the aerospace...

October 22, 2020 08:30 PM

October 21, 2020

5 Post-Covid Changes Supply Execs Should Expect

Aspencore -- EPS News - Shannon Flynn

The supply chain is the backbone of modern business, and it faces some unprecedented changes these days. Supply chain managers have faced an unusually extreme set of challenges amid Covid-19. These difficulties will transform...

October 21, 2020 08:27 PM

Global Supply Chain Activity Surges To Pre-Pandemic Levels In Q3, But Cash Crunch Leaves Suppliers Vulnerable

Business Wire -- The number of purchase orders and invoices exchanged across global supply chains rose by 15% in Q3 after falling by a similar margin in Q2, the latest Index of Global Trade Health from Tradeshift can reveal. The report, which is based on analysis of transaction...

October 21, 2020 04:31 PM

European Banking Federation On The EU's Shift To Digital, Data-Driven Financial Services

Media -- PYMNTS.com - The pandemic has shifted priorities in regulatory policy tied to the financial services industry - and for Europe, it is heralding the emergence of a data-driven economy.

In an interview with Karen Webster, the European Banking Federation's...

October 21, 2020 04:21 PM

The Impact of Chinese New Year on Electronic Component Lead Times

Media -- eBOM - In China, one of the most important national events is the Spring Festival. This annual event-also often referred to as Chinese New Year-falls somewhere between the end of January and the middle of February. In 2021, it is set to begin on February...

October 21, 2020 04:20 PM

Government Looking at Introducing End Dates For Tariffs on TVs, Mobile and Components: Report

Media -- ElectronicsB2B - Basic customs duty is the extra tax levied over normal taxes on items announced by the government. The government has also introduced several electronics schemes recently The government is looking at the feasibility of introducing...

October 21, 2020 04:19 PM

Chinese Smartphone Buyers Driving iPhone 12 Demand

Media -- PYMNTS.com - Chinese smartphone users are driving the record pre-orders of Apple's new iPhone 12 and iPhone 12 Pro, CNBC reported on Tuesday (Oct. 20), citing data from the Chinese eCommerce site Fenqile.

The latest iPhones, which are the first to offer...

October 21, 2020 04:13 PM

October 20, 2020

Accenture and Blue Yonder Help Companies Accelerate Supply Chain Transformation in the Cloud

Business Wire -- Accenture and Blue Yonder are helping companies to accelerate supply chain transformation in the cloud.

October 20, 2020 07:42 PM

BAE Systems Offers ARCHER Wheeled Howitzer for U.S. Army's 155 mm Gun System

Business Wire -- BAE Systems has proposed its ARCHER howitzer in response to the U.S. Army's request for proposals for a 155 mm wheeled gun system.

October 20, 2020 07:37 PM

Taiwan PCB makers gearing up to enter Tesla supply chain

Media -- DIGITIMES - Tesla is on track to ramp up EV production at its assembly plant in Shanghai, China, and Taiwan's PCB makers are gearing up to seek a bigger presence in the components supply chain for the US vendor, according to industry sources.

October 20, 2020 07:31 PM

To Modernize B2B Payments, Break Down The Silos Between AP And AR

Media -- PYMNTS.com - In the bid to modernize B2B payments, accounts receivable (AR) and accounts payable (AP) need to work together.

To that end, one goal is to integrate payments, streamlining discrete functions of paying vendors and receiving payments from...

October 20, 2020 07:30 PM

Building Resilient, Fault-Tolerant Supply Chains

Distribution -- TTI MarketEye - Understanding the impact of natural disasters on the supply chain and building them in a preventative manner.

October 20, 2020 03:10 PM

October 19, 2020

Digital transformation: 5 proven ways to get skeptics on board

Enterprise -- The Enterprisers Project - Throughout this year, industries have had to completely change how they do business. To foster buy-in for large scale digital transformation, consider these techniques.

October 19, 2020 05:10 PM

Renewables to Drive Power Electronics Future

Aspencore -- Power Electronics - Electric vehicles (EVs) are hitting the world's roads, and millions more are coming. Moving towards a low or zero-carbon economy, market research firm Yole Developpement (Lyon, France) urges to harness renewables' untapped potential...

October 19, 2020 04:57 PM

Exercise and nutrition regimen benefits physical, cognitive health

Life -- EurekAlert - Researchers studied the effects of a 12-week exercise regimen on 148 active-duty Air Force airmen, half of whom also received a twice-daily nutrient beverage that included protein; the omega-3 fatty acid, DHA; lutein; phospholipids; vitamin...

October 19, 2020 04:43 PM

Buyer Beware: Understanding the Risks of Gray Market and Counterfeit Products

Media -- Electronics Sourcing - With today's competitive market environment, attractive prices can be difficult for hardworking professionals to ignore. Counterfeiters and unauthorized vendors count on that, causing massive liability and safety risks.

Join WESCO,...

October 19, 2020 04:03 PM

October 18, 2020

Can AI Really Help the Digital Economy?

Aspencore -- EPS News - Whereas e-commerce companies are digital natives -- that is, they were built from the ground up for the digital economy -- traditional manufacturing and consumer packaged goods (CPG) companies are hamstrung by the legacy systems, processes...

October 18, 2020 03:23 AM

Privatizing Space? A Look at NASA's Commercial Partnerships

Aspencore -- EETimes - In its 30-year history, NASA's shuttle program flew 135 missions and helped construct the International Space Station (ISS). From the first launch on April 12, 1981, until the final space shuttle mission on July 21, 2011, the program not only...

October 18, 2020 03:20 AM

B2B distributors look at a digital future beyond COVID-19

Web Marketing -- Digital Commerce 360 - The height of the ride up came in 2019, when B2B ecommerce for the nation's 411,000 distributors grew nearly 22 times faster than both total and all-digital channel sales. B2B ecommerce also grew more than 20 times faster than sales...

October 18, 2020 02:55 AM

Automating Sales Order Management Prioritizes Revenue Capture

SupplyChain -- Conexiom - Digital transformation is an imperative for every forward-looking business organization. However, many enterprises have found it difficult to get their digital transformation off the ground. Many others have seen their DT endeavors fail to...

October 18, 2020 02:10 AM

October 16, 2020

Brexit tariffs will not help the poorest nations, new study finds

Life -- Phys.org - Exports from the world's poorest nations to the UK will be lower as a result of Brexit, a joint analysis of the UK's new tariff plans by the UK Trade Policy Observatory (UKTPO), the Overseas Development Institute (ODI) and the Center for Global...

October 16, 2020 04:17 PM

BAE Systems to Deliver System Integration and Information Technology Management for Army Cyber Command

Business Wire -- The U.S. Army has awarded BAE Systems a one-year, $11.7 million contract to provide information technology (IT) services to the Army Cyber Command.

October 16, 2020 04:10 PM

Why Payments Orchestration Is Becoming A 'Must-Have' For Platform Merchants

Media -- PYMNTS.com - The pandemic is accelerating the great migration of merchants to online channels, and particularly online platforms. In an interview with PYMNTS, Daniel Wideman, VP of product at Spreedly, said that platforms, payments orchestration and smart...

October 16, 2020 04:07 PM

"Global Trade in Electronic Component is Estimated to be US$2.1 Trillion"

Media -- ElectronicsB2B - IoT constitutes a major part of trade with US$800 Billion "India should focus on the component segment of IoT to up its global electronics trade market share of 3.3%" Currently, the electronics and hardware manufacturing industry...

October 16, 2020 03:59 PM

EU & U.S. Updates: No SCIP Reporting Delay, Lead as an SVHC - and More

Distribution -- TTI MarketEye - An update on Europe and U.S. environmental directives for materials.

October 16, 2020 03:48 PM

October 15, 2020

FourKites to Host First-Ever Virtual Conference Focused on Supply Chain Visibility and Logistics Operations in Latin America

Globe Newswire -- Technology - Constellation Brands, Nestle, Ingredion and other supply chain leaders to share strategies for visibility-fueled growth and efficiency tailored to Latin America's unique challenges Constellation Brands, Nestle, Ingredion and other supply...

October 15, 2020 06:26 PM

PayPal Invests In Extend As Merchants Seek New Ways To Boost Online Conversion

Media -- PYMNTS.com - As the shift from paper to digital has accelerated the transformation of many a legacy business with aging tech, CEO Woodrow Levin of Extend says it's important to add extended warranties to that list. Merchants used to have a tiny conversion...

October 15, 2020 05:51 PM

Report: Trump May Blacklist Alibaba Unit

Media -- PYMNTS.com - The U.S. State Department has proposed President Donald Trump add FinTech Ant Group, which has strong ties to the Alibaba Group empire, to a list of foreign companies to which U.S. companies cannot sell certain technology, Reuters reported...

October 15, 2020 03:38 PM

October 14, 2020

Qdoba On Curbing Chargeback Fraud With Data Analytics

Media -- PYMNTS.com - The mobile order-ahead space is one of the few seeing an upswing of increased revenue amid the pandemic, as quick-service restaurant (QSR) customers look for safe, convenient ordering services that limit human contact. Restaurants are working...

October 14, 2020 06:16 PM

Trade body says EU can sanction 4$B worth of US goods

ABC - Money -- World Trade Organization arbitrators say that the European Union can sanction up to $4 billion in U.S. goods over Washington's illegal support for plane maker Boeing

October 14, 2020 05:21 PM

Deep Dive: Why eCommerce Retails Must Reassess Their Debit, Online Payments Security

Media -- PYMNTS.com - Merchants were largely taken aback by the volume of consumers flocking to online channels during the early months of the pandemic.

Consumers turned to their mobile phones or social media apps to make unexpected amounts of purchases with...

October 14, 2020 01:47 AM

October 13, 2020

Building a resilient supply chain in a post-pandemic world

SupplyChain -- DC Velocity - To better manage risk, companies seek to inject agility into their supply chains with a renewed focus on procurement, customer demand, inventory management, and business partner collaboration.

October 13, 2020 04:23 PM

How Things Have Completely Changed in Ecommerce Development In The Last 10 Years?

SupplyChain -- DC Velocity - No doubt the internet has changed many things in our life. It has made life smooth, leaving out a positive impact on the day to day activity. The same applies to eCommerce. Online shopping is part of every shopping lover now.

October 13, 2020 04:23 PM

October 12, 2020

Simplifying The B2B Cybersecurity Shopping Experience

Media -- PYMNTS.com - With over 5,000 cybersecurity vendors in the U.S. vying to meet the needs of virtually every type - and size - of business, the process of selecting the right provider to protect firms' digital assets can be daunting.

But that problem could...

October 12, 2020 05:52 PM

IT component makers expect to see strong 4Q20 orders

Media -- DIGITIMES - IT component shipments are expected to grow in the fourth quarter of 2020 thanks to stable demand from stay-at-home activities and seasonality, according to sources from the upstream supply chain.

October 12, 2020 02:45 PM

October 11, 2020

TAFE NSW Targets A$33 Million in Savings with SAP Ariba Solutions

Enterprise -- SAP - SAP SE (NYSE: SAP) today announced that leading Australian vocational education and training provider TAFE NSW is live with the full suite of SAP Ariba solutions from sourcing to payment, as part of a large-scale digital transformation...

October 11, 2020 11:00 PM

Supply Chain Focuses on Matters Within its Control

Aspencore -- EPS News - The phrase you hear a lot from supply chain executives this year is they can't control the decisions of their suppliers and customers, nor can they constrain a global pandemic. But manufacturing and procurement organizations can mitigate the...

October 11, 2020 05:02 AM

The Next Evolution of Supply Chains

SupplyChain -- SCMR Editorial - For those looking to update their supply chain strategy over the next 3-5 years, the world markets are over-served, and global supply chains are going to evolve to the next logical configuration.

October 11, 2020 04:40 AM

October 08, 2020

Crafting An (Online) B2B Market For Retailers

Media -- PYMNTS.com - The digital shift may transform retail storefronts in Europe.



To that end, in Europe, Czech firm Nulisec has debuted an online B2B marketplace focused on European retailers - geared toward improving sales and procurement processes. As reported...

October 08, 2020 11:51 PM

Bank Of Korea To Begin Testing Distribution Of Digital Currency

Media -- PYMNTS.com - The Bank of Korea has said it plans to begin testing distribution of its digital currency next year, according to a report by The Korea Herald.

The central bank said in April it had launched a 22-month pilot that would end in December 2021,...

October 08, 2020 11:43 PM

Deep Dive: How eCommerce Payments Providers Sniff Out Money Launderers

Media -- PYMNTS.com - Online retail has exploded in popularity over the past 20 years, with online giants like Amazon, eBay and big-box retailers' marketplaces becoming consumers' go-to alternatives to brick-and-mortar merchants. The eCommerce industry is expected...

October 08, 2020 11:40 PM

Selecting The Right Procurement Software

Aspencore -- EPS News - The global market for digital procurement software is growing extraordinarily fast-nearly twice as fast as the overall software market according to one Forrester report. This news is certainly remarkable, but it is far from surprising. Digital...

October 08, 2020 02:54 AM