Woodstock Wire: Supply Chain News

February 25, 2024

Blue Yonder Acquires Flexis, a Leader in Manufacturing and Supply Chain Planning Technology

Business Wire -- Blue Yonder, a leading supply chain solutions provider, today announced its acquisition of flexis AG, a flexible, innovative software technology provider specializing in production optimization and transportation planning and execution. With a robust...

February 25, 2024 03:46 AM

Supplyframe Launches Major New Design-to-Source Intelligence (DSI) Release

Business Wire -- Supplyframe today announced a major new release of its Design-to-Source Intelligence (DSI) Solutions. This release includes a number of first-of-its-kind capabilities to empower electronics design engineers, product leaders, and supply chain professionals...

February 25, 2024 03:41 AM

UPS Package Volume Drops 7.4% in 'Difficult and Disappointing' 2023

Media -- PYMNTS.com - UPS is cutting jobs and considering selling one of its businesses as shipping volumes decline.

The shipping giant will eliminate 12,000 positions - chiefly full-time and part-time management roles and contract workers - in a bid to save $1,000,000,...

February 25, 2024 02:16 AM

Guest Checkout, Still Popular, Gets a One-Click Boost

Media -- PYMNTS.com - The last mile of commerce - specifically, what might be thought of as the last few feet of digital commerce - remains the checkout.

For guest checkout, among the most popular options, one click functionality may give rise to repeat business,...

February 25, 2024 01:43 AM

North American EMS Industry Up 1.3 Percent in December

Media -- eBOM - IPC releases EMS industry results for December 2023

IPC announced today the December 2023 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.20.

Total North American...

February 25, 2024 01:40 AM

February 24, 2024

December PCB Shipments Decline YoY

Aspencore -- EPS News - IPC announced today the December 2023 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 0.90.

Total North American PCB shipments in December 2023 were down 18.3 percent compared...

February 24, 2024 07:26 AM

Gartner Survey Finds 49% of Supply Chain Organizations Have Formal DEI Objectives

Think -- Gartner - Nearly half of supply chain organizations have formal DEI (diversity, equity, and inclusion) objectives with specific targets on management scorecards, according to a survey by Gartner, Inc.

February 24, 2024 06:06 AM

Getting Started with AI in Supply Chain

SupplyChain -- Logistics Viewpoints - Getting started with AI in supply chain might not start where you think. Some try delving into deep learning or a crash course in generative AI (GenAI), but I don't recommend starting there. Instead start with the foundation of...

February 24, 2024 05:54 AM

Supplyframe SamacSys ECAD Models Are Now a De Facto Industry Standard

Business Wire -- Supplyframe today revealed the industry's wide embrace of its DesignSense solutions including SamacSys ECAD models and footprints, which more than 865,000 design engineers now use. More than 50 component manufacturers and more than 60 distributors now...

February 24, 2024 05:51 AM

Foxconn starts large-scale recruitment in China ahead of CNY

Media -- DIGITIMES - Hon Hai Precision Industry (Foxconn) has introduced various bonus mechanisms at important Chinese production bases in Shenzhen, Zhengzhou, and Chengdu. The firm is also actively recruiting workers ahead of the Chinese New Year Holiday, according...

February 24, 2024 05:26 AM

Why do supply chains fail?

Media -- Electronics Sourcing - In this article, NewPower explores some of the key reasons supply chains can fail, from external factors beyond a manufacturer's control to internal mistakes



Offshoring

Offshoring has become increasingly popular but supply...

February 24, 2024 03:29 AM

Foxconn to sponsor Mandarin classes for Indian talent

Media -- DIGITIMES - Foxconn announced it will sponsor Mandarin language education in India as part of a cooperation deal between industry, government, and academia as the EMS giant expands its investments in South Asian countries.

February 24, 2024 03:11 AM

Creation Technologies opens new Markham facility

Media -- Evertiq - EMS provider Creation Technologies officially opened its newly expanded facility in Markham, Ontario.

February 24, 2024 03:10 AM

February 23, 2024

Which Supply Chain Problems Can AI Solve?

Aspencore -- EPS News - Procurement professionals - like most executives in the electronics supply chain - are excited by artificial intelligence. Half of supply chain leaders (CSCOs) surveyed by Gartner Inc. plan to implement generative AI (GenAI) in the next 12...

February 23, 2024 12:12 AM

February 22, 2024

Project-Based Learning Moves the Classroom Into the Real World

SupplyChain -- SCMR Editorial - Project-based learning is taking off at the university level, giving supply chain graduate students real-world experience to pair with theory-based instruction.

February 22, 2024 10:10 PM

Electronics Supply Chain Weekly Digest: February 16, 2024

Distribution -- TTI MarketEye - The Supply Chain Weekly Digest is a weekly collection of news summaries, survey results and channel insights, and report summaries from Edgewater Research.

February 22, 2024 10:04 PM

Jabil expands with a new centre of manufacturing in Chihuahua, Mexico

Media -- Evertiq - EMS provider Jabil says that it has enhanced its digital commerce capabilities, encompassing the design, development, and manufacturing of retail and warehouse automation solutions, at a newly expanded centre of excellence in Chihuahua, Mexico.

February 22, 2024 10:00 PM

EV charging vs. chip supply

Media -- Electronics Sourcing - A2 Global's CEO, Frank Cavallaro, explores how the global race for electric vehicle charging infrastructure stacks up against chip supply

February 22, 2024 09:54 PM

Creation expands with new US manufacturing facility

Media -- Evertiq - US EMS provider Creation Technologies has cut the ribbon for its latest expansion, a new state-of-the-art facility in the Village of Newark, New York.

February 22, 2024 08:02 AM

Revolut Partners With Tech Firm Jabil to Scale Development of Mobile POS

Media -- PYMNTS.com - Technology firm Jabil is helping Revolut scale the production of its mobile point-of-sale system.

Revolut debuted its Revolut Reader in 2022, letting merchants accept in-store or on-the-go payments. Now, increased demand is leading the British...

February 22, 2024 07:54 AM

Market Conditions Report: Q4'23

Distribution -- TTI MarketEye - In the fourth quarter of 2023 the supply chain remained focused on inventory reduction amidst demand uncertainties and significantly improved supply availability across all product categories. Some progress was evident exiting 3Q23, with...

February 22, 2024 03:32 AM

Electronics Supply Chain Weekly Digest: Jan. 26, 2024

Distribution -- TTI MarketEye - The Supply Chain Weekly Digest is a weekly collection of news summaries, survey results and channel insights, and report summaries from Edgewater Research.

February 22, 2024 03:32 AM

Amazon Says Prime Deliveries Reached Their Fastest Speeds Ever Last Year

Distribution -- Industrial Distribution - The company credited better inventory placement, a new regionalization model for shipments and more same-day warehouses.

February 22, 2024 03:27 AM

February 20, 2024

2024 Market/Technology Outlook from TTI Specialists

Distribution -- TTI MarketEye - In this Q&A with TTI Specialists, we look at opportunities for innovation and critical success factors for electronics and manufacturing in the year ahead.

February 20, 2024 12:30 AM

February 19, 2024

Electronics Supply Chain Weekly Digest: Jan. 12, 2024

Distribution -- TTI MarketEye - The Supply Chain Weekly Digest is a weekly collection of news summaries, survey results and channel insights, and report summaries from Edgewater Research.

February 19, 2024 03:50 AM

January 15, 2024

Jabil Expands Digital Commerce Capabilities at Center of Manufacturing Excellence in Chihuahua, Mexico

Business Wire -- Jabil Inc. (NYSE: JBL) today announced enhanced digital commerce capabilities, encompassing the design, development, and manufacturing of retail and warehouse automation solutions, at a newly expanded center of excellence in Chihuahua, Mexico. The recent...

January 15, 2024 10:37 PM

FedEx Announces First-Of-Its-Kind Data-Driven Commerce Platform

Business Wire -- FedEx Corp. (NYSE: FDX) today announced fdx, the first data-driven commerce platform that connects the entire customer journey - making it easier for companies to grow demand, increase conversion, optimize fulfillment, and streamline returns. FedEx is...

January 15, 2024 07:24 AM

Analysis: UPS/FedEx Shippers to Pay Higher Rates than Announced for 2024

SupplyChain -- DC Velocity - Both UPS and FedEx announced a general rate increase (GRI) for customers of 5.9% for 2024. However, analysis of the fees, rate changes, size restrictions and more hidden in the rates show FedEx customers will pay 8.17% and UPS 7.72% more...

January 15, 2024 05:28 AM

EMS shipments, supply chains, sentiment and more

Media -- Electronics Sourcing - In this article, IPC presents statistics and thoughts on subjects including manufacturing services, Government support for supply chains and electronics sector sentiment



IPC has announced the October 2023 findings from its...

January 15, 2024 02:31 AM

DHL Supply Chain says it now operates 50 electric yard trucks

SupplyChain -- DC Velocity - Logistics provider plans to increase Orange EV fleet to 100, phase out diesel yard trucks entirely by 2025

January 15, 2024 02:05 AM

January 13, 2024

Foxconn revenues hit the second-highest record in 2023; back to usual seasonal level in 1Q24

Media -- DIGITIMES - Foxconn Electronics (Hon Hai Precision Industry) reported consolidated revenues of NT$460.12 billion (US$14.72 billion) for December 2023 with the amount for the fourth quarter hitting NT$1.85 trillion, rounding out the company's whole-year...

January 13, 2024 10:51 PM

Foxconn expects year-on-year revenue fall in 1Q

Media -- Evertiq - Apple's biggest iPhone assembler, Foxconn, says slow market demand for smartphones will result in weak financial numbers this quarter.

January 13, 2024 08:50 AM

Beyond Faster Transfers: How Payment Modernization Shapes Customer Experiences

Media -- PYMNTS.com - The payments ecosystem remains a highly fragmented one as we enter the new year.

On the one side, specialized platforms serve different use cases; on the other, universal platforms cater to broader organizational needs.

This fragmentation...

January 13, 2024 08:26 AM

January 08, 2024

U.S. Manufacturing Activity Remains Weak

Aspencore -- EPS News - U.S. factory activity recorded its 14th month of contraction in December as demand remained soft and manufacturers continued to manage outputs, material inputs and labor costs accordingly. The Institute for Supply Management's leading index,...

January 08, 2024 07:28 PM

Jabil turns to Arch for data and analytics solution

Media -- Evertiq - Provider of machine data and analytics for manufacturing Arch Systems has entered into a three-year strategic collaboration with EMS provider Jabil Inc.

January 08, 2024 07:44 AM

Blue Yonder Reveals How Retailers Can Change Business Trajectory and Drive Better ROI By Orchestrating Supply Chains from Planning to Execution at NRF 2024

Business Wire -- As retailers look for ways to improve their supply chains and simultaneously address changing consumer shopping habits, there is an increasing need to synchronize across retail systems from planning to omni-channel execution to generate the real-time...

January 08, 2024 07:38 AM

Best Logistics and Supply Chain Conferences to Attend in 2024

SupplyChain -- Logistics Viewpoints - Welcome 2024! This year, as with years in the past, there is a broad and deep line-up of supply chain and logistics conferences to attend. Many events exist in North America, Europe, and Asia. Industry association events are being...

January 08, 2024 07:12 AM

Quake Disrupts Component Production

Aspencore -- EPS News - TrendForce's investigation into the impact of the recent strong earthquake in the Noto region of Ishikawa Prefecture, Japan, reveals that several key semiconductor-related facilities are located within the affected area. This includes MLCC...

January 08, 2024 07:04 AM

Japanese earthquake halts wafer, MLCC, and semiconductor fabs

Media -- Evertiq - TrendForce's investigation into the impact of the recent strong earthquake in the Noto region of Ishikawa Prefecture, Japan, reveals that several key semiconductor-related facilities are located within the affected area.

January 08, 2024 04:26 AM

2024: recession, flat or growth?

Media -- Electronics Sourcing - I'm confused. I've spent a year in conversation with the electronics distribution sector and I can't really call 2024. On one hand, news across that period, plus the Supplier and...

January 08, 2024 02:15 AM

Global Container Shipping Industry Sets Sights on Tech Investment, Capacity Concerns

SupplyChain -- SCMR Editorial - Supply chain professionals in the global container shipping industry expect more technology investment and positive growth in the market in 2024.

January 08, 2024 02:12 AM

Manufacturing Sector Contracted Again in December

Distribution -- Industrial Distribution - The PMI of 47.4% marked the 14th consecutive month below the 50% threshold.

January 08, 2024 01:33 AM

December 30, 2023

The 4 Trends That Reshaped B2B Payments in 2023

Media -- PYMNTS.com - Before the pandemic, over half of business payments were done by paper check.

But that iceberg of inertia that was freezing innovation within B2B payments is slowly starting to melt under the heat of new necessities around enhancing liquidity...

December 30, 2023 07:27 AM

December 29, 2023

Jabil Completes the Divestiture of Mobility Business

Business Wire -- Jabil Inc. (NYSE: JBL) announced today the closing of the transaction to divest its Mobility business to BYD Electronic (International) Company Limited ("BYDE") in a cash transaction valued at $2.2 billion. The company previously announced the signing...

December 29, 2023 08:00 PM

OEHHA Gets Back Up Again and the European Commission Gets Down to Business on RoHS

Distribution -- TTI MarketEye - On two regulatory fronts, learn how the California OEHHA is trying again to revise the requirements for the Proposition 65 Short-Form warning and when the European Commission RoHS Direction will be recast.

December 29, 2023 07:57 PM

December 28, 2023

Surprise! B2B Leaders Say Supply Chain Management Systems Are Most Important to the Customer Journey

SupplyChain -- SCMR Editorial - A new survey found that 87% of B2B leaders say a supply chain management system is the most important solution to offering a frictionless digital purchasing journey to customers.

December 28, 2023 08:44 PM

How you can transform procurement into a strategic superpower in 2024

SupplyChain -- Spend Matters - Procurement is entering an exciting new era of embedded intelligence. Technologies such as generative artificial intelligence (AI) and machine learning make possible what was only dreamt of in years past - intelligent automation, predictive...

December 28, 2023 08:15 PM

December 27, 2023

Warehouse Automation Firm GreyOrange Raises $135 Million

Media -- PYMNTS.com - Artificial intelligence-driven automation company GreyOrange raised $135 million in a Series D funding round.

The capital will support further adoption of GreyOrange's fulfillment orchestration platform in warehouses, distribution centers...

December 27, 2023 05:28 AM

Good Questions to Ask If Procuring Tools With AI, Especially If You've Answered the First Question Wrong!

SupplyChain -- Sourcing Innovation - Continuing on with our statement that sometimes you have to listen to a lawyer, a recent article over on Bloomberg Law noted that Companies Should Ask These Risk Questions When Procuring AI Tools and gave us four questions in particular...

December 27, 2023 05:19 AM

December 22, 2023

China's glory as the sole smartphone manufacturing hub is no more

Media -- DIGITIMES - The migration of smartphone supply chains is making a dent in China's production outputs, according to Chinese media Yicai. The number of smartphones manufactured in China decreased by 521 million units in 7 years, as supply chains have relocated...

December 22, 2023 03:29 AM