In a significant development for the retail sector, a leading retail management platform has introduced robust Supplier Relationship Management (SRM) capabilities. This addition aims to complement its existing suite of product lifecycle and supply chain solutions, offering retailers enhanced tools to optimize their supplier interactions. Retailers frequently cite the performance of their suppliers as a…
Infrastructure Africa, the leading business event dedicated to infrastructure development on the continent, has unveiled the Projects Dealroom. This innovative platform is designed to accelerate investment in African infrastructure projects, meeting the continent’s urgent socio-economic needs. The Projects Dealroom serves as a dynamic marketplace for project developers, investors, financiers, and other key stakeholders to explore,…
The e-commerce logistics index in China saw an increase in May, reaching 113.9 points, a 0.7 point rise from the previous month, as reported on Wednesday. This index serves as a key indicator of logistics operations within the e-commerce sector. A notable growth was observed in the sector’s total business volume, with the sub-index climbing…
In a concerted effort to bolster supply chain industrial relations, a mission to Bangladesh has focused on key areas such as collective bargaining, legally binding agreements, and effective dispute resolution. Currently, an interim dispute resolution mechanism (DRM) operates for all non-health and safety complaints under a collaborative agreement. Health and safety issues are addressed separately.…
A new third-party logistics and managed supply chain services platform is transforming the food and beverage industry. Established to address the specific needs of the food and beverage sector, this platform offers scalable, custom distribution strategies and solutions in managed supply chain services. The platform provides businesses with personalized consulting and advanced technology to help…
The global semiconductor supply chain is undergoing significant changes, driven by geopolitical factors and post-pandemic adjustments. Research indicates that this shift is creating two main segments: China’s domestic supply chain and a non-China supply chain. Recent U.S. tariff increases have accelerated this trend, according to industry analysts. A new joint venture announced on June 5th…
The European regulatory body has recently introduced a series of recommendations aimed at bolstering the supply chains of essential medicines identified as vulnerable. This initiative seeks to enhance the availability of critical pharmaceuticals and address potential supply chain risks. The regulatory group responsible for monitoring medicine shortages has developed these recommendations under a specific EU…
As multinational companies worldwide prioritize the diversification of their supply chains, two rising Asian economies have emerged as key beneficiaries: India and Vietnam. According to a recent analysis, the electronics and machinery sectors in India are poised to experience a significant increase in exports in the coming years, positioning these nations as attractive alternatives within…
In a significant move towards bolstering Japan’s hydrogen supply chain infrastructure, a coalition of more than 400 Japanese companies and organizations has announced plans to establish a $1 billion fund. The initiative, set to be launched as early as the fiscal half ending September, aims to prioritize investments among the countries participating in the Indo-Pacific…
Researchers from a leading university have found that improved refrigeration could eliminate nearly half of global food waste, significantly enhancing food security and reducing climate impact. The study reveals that about a third of the food produced globally each year goes to waste, while approximately 800 million people suffer from hunger. By implementing fully refrigerated…