The contemporary landscape of international trade has undoubtedly been shaken by the imposition of tariffs, leading to substantial disruption across various industries. As these tariffs fluctuate, businesses face a dual challenge: navigating this uncertainty while seizing the opportunity to fortify relationships with their customers. Emerging…
India’s paper and paperboard import figures have skyrocketed, doubling in volume over the past four years to reach a staggering 2.05 million tons in FY25. This significant increase, highlighted by the Department of Commerce, poses serious challenges for the domestic paper industry, as voiced by…
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Kornit and MAS Holdings launch tech-driven on-demand production to cut waste in apparel industry
The apparel industry stands at a critical juncture, facing mounting challenges such as overproduction, unexpected markdowns, and supply chain inefficiencies. In light of these pressing issues, Kornit Digital and MAS Holdings have forged a strategic partnership aimed at revolutionising the sector through sustainable, on-demand production practices. This collaboration is touted…
The Hershey Company is navigating an unprecedented cocoa market marked by significant volatility and price fluctuations, a situation exacerbated by various external factors. Mark Taylor, Senior Director of Strategic Sourcing, notes that although cocoa prices are currently erratic, claims of impending shortages are largely exaggerated.…
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ClickHouse, Inc., a prominent player in the field of real-time analytics and data warehousing, recently announced a substantial $350 million in Series C funding. The financing round was led by Khosla Ventures, with notable participation from several new investors including BOND, IVP, Battery Ventures, and Bessemer Venture Partners, alongside existing…
Northwell Health deploys AI-powered AssistIQ to solve 20-year surgical supply tracking gap
Northwell Health, based in New Hyde Park, New York, has taken significant strides in enhancing its supply chain management by introducing artificial intelligence to address a longstanding challenge: the incomplete tracking of high-cost surgical supplies. The health system has launched AssistIQ, an AI-powered computer vision…
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View AllAs supply chain leaders grapple with escalating lead times and rising carbon costs, an old concept is being reinvigorated with newfound urgency: co-locating suppliers, production, and distribution in tightly integrated clusters. According to recent research from MIT, implementing a supplier park model could potentially slash freight and inventory costs by…
Supply chain leaders urged to shift from ‘What’s in it for me?’ to ‘What’s in it for we?’ mindset
In today’s intricate and often unpredictable world of supply chain management, the way companies approach their relationships with suppliers, customers, and logistics service providers remains largely conventional. Many organisations still adhere to a “What’s In It for Me?” mindset. However, industry experts, including Kate Vitasek,…