A significant development in the logistics sector was announced with the launch of a new joint venture focused on revolutionizing India’s supply chain infrastructure. This initiative, formed through a partnership with a leading investment firm and a major Indian real estate developer, aims to transform the logistics landscape by developing up to 1.5 million square…
As the logistics sector in the Philippines embraces digital transformation, innovative training methods are emerging to shape the next generation of professionals. Virtual Reality and Augmented Reality technologies, though still developing in the country, offer remarkable potential to enhance logistics training. Traditional methods such as classroom instruction and on-the-job training, while useful, often fall short…
London, United Kingdom – August 6, 2024 – The International Centre for Trade Transparency & Monitoring (ICTTM) is proud to announce a strategic partnership with the Ukrainian-Lithuanian Chamber of Commerce (ULCC). This collaboration seeks to enhance economic and cultural ties between Ukraine and Lithuania by leveraging ICTTM’s cutting-edge trade and supply chain data platforms, ADAMkyc…
In the dynamic world of supply chain management, visibility is emerging as a key driver of success. The latest survey on transportation management highlights the positive impact of clear visibility on performance and financial outcomes. This insight underscores the growing importance of transportation management in achieving superior results. The survey reveals that companies prioritizing transportation…
Recent research highlights a notable shift among German medium-sized enterprises, as many are increasingly considering India as a pivotal player in their supply chain strategies. The study reveals that interest in India has risen, with 15 percent of companies now looking to expand their operations there, up from just over 10 percent in late 2022.…
The healthcare industry is advancing rapidly, constantly seeking innovative ways to enhance patient care, reduce costs, and boost operational efficiency. One of the most promising technologies making waves in this sector is blockchain, originally developed for cryptocurrency transactions and now set to transform healthcare logistics. Blockchain technology is streamlining the management of medical supplies and…
A leading digital financial services provider has announced a strategic partnership with a prominent supply chain management platform to enhance payment processing and fund management for supply chain enterprises. The collaboration marks a significant advancement in integrating robust financial infrastructure into the supply chain ecosystem. The aim is to streamline financial transactions and improve efficiency…
AI is transforming the automotive industry’s supply chain ecosystem by enhancing optimization, decision-making, knowledge management, and process automation. As the industry evolves with hybrids, electric vehicles, and increasing regulatory and sustainability demands, AI-driven solutions are streamlining processes across the supply chain and mitigating costly disruptions from vendors to final mile customer deliveries. Global consumer car…
As the grocery business continues to expand rapidly, a major retailer is revolutionizing its supply chain to enhance the food and consumables operations. With grocery sales seeing a substantial increase over the past two years, this transformation is set to boost efficiency and customer satisfaction. The evolution of this supply chain dates back 50 years,…
The 2024 SupplyTech Breakthrough Awards have celebrated a major advancement in the logistics industry by honoring a top player in rugged technology with the “Material Handling Solution of the Year” award. This accolade highlights exceptional technology solutions that are driving improvements in the global supply chain and logistics sectors. In today’s dynamic warehouse environments, industrial…