Woodstock Wire: Supply Chain News

August 10, 2020

As COVID-19 highlights vulnerabilities in global supply chains and resilience takes priority, McKinsey Global Institute report calculates ongoing cost of shocks and prospects for manufacturing to shift

PR Newswire -- Disruptions that affect global manufacturing-from natural disasters to cyberattacks and trade disputes-have become more frequent and more severe. Now, in light of the COVID-19 pandemic, companies and policy makers alike are reconsidering how to make...

August 10, 2020 01:05 AM

Supplyframe Helps Power EDOM Digital Transformation

Aspencore -- EPS News - Supplyframe today announced an agreement to digitally transform EDOM Technology, a leading semiconductor and component distributor in Asia, for greater agility, resilience and sustainable growth. This effort marks the first time a major semiconductor...

August 10, 2020 12:52 AM

5G Will Boost Component Sales but Shortages Loom

Aspencore -- EPS News - 5G remains the electronics industry's best hope to kickstart a global economy that's been decimated by Covid-19. Although network rollout is far from uniform across the globe, supply analysts are beginning to form a picture of what the 5G supply...

August 10, 2020 12:52 AM

Supplyframe Helps Power EDOM Digital Transformation, Global Expansion

Business Wire -- Supplyframe today announced an agreement to digitally transform EDOM Technology, a leading semiconductor and component distributor in Asia, for greater agility, resilience and sustainable growth. This effort marks the first time a major semiconductor...

August 10, 2020 12:33 AM

Recycling Electronic Waste to Make Hybrid Materials

Electronics -- IEEE Spectrum - Electronic waste could get recycled into strong, protective coatings for steel, a new study finds.

Recycling typically converts large quantities of items made of a single material, such as aluminum cans or glass bottles, into more...

August 10, 2020 12:02 AM

August 05, 2020

Automation Engineering: 5 Reasons Demand Will Soar in 2020 and Beyond

Advanced MP Technology -- Automation engineering is becoming a popular option for the global supply chain. Here are 5 factors impacting demand for supply chain automation processes. Supply chain automation is sweeping logistics centers on a global scale, removing the human work...

August 05, 2020 02:50 PM

August 04, 2020

Famous economics experiment reproduced thousands of times

Life -- Phys.org - In an open marketplace, such as a farmers' market where produce and other goods like candles and flowers are exchanged for money, the ideal prices for both consumers and sellers will quickly emerge. For example, if a seller tries to offer a...

August 04, 2020 06:06 PM

Electronics Industry News + Trends

Advanced MP Technology -- At A2 Global, we are constantly watching how world events and the markets will impact our customers. So, we've amassed all of the relevant electronics industry news and trends in one place to serve as your go-to resource. Read on to discover market updates...

August 04, 2020 04:22 PM

August 03, 2020

Supply Chain Risk in the age of the coronavirus

SupplyChain -- DC Velocity - As Supply Chain Management becomes more virtual, the associated risk escalates.

August 03, 2020 07:45 PM

Optimizing Your Order-to-Cash Process Flow

SupplyChain -- Conexiom - In wholesale manufacturing and distribution, the order-to-cash process is a vital part of success. Streamlining the order-to-cash process flow helps you serve customers more efficiently, reduce delays and errors, and deploy your staff most...

August 03, 2020 06:43 PM

Five Fundamentals of Supply Chain Resilience

SupplyChain -- Logistics Management - In this white paper, Convoy will review five fundamental attributes of resilient supply chains and also how shippers can secure reliable and flexible capacity in any market condition with a digital freight network.

August 03, 2020 05:55 PM

Four Ways Blue Yonder Continues to Innovate After 35+ Years of Success

SupplyChain -- Supply Chain Nation - How do you stay agile, and at the same time, support a vast portfolio of products and customers?

Blue Yonder serves a large customer base of companies with a varied set of products and capabilities, all of which are leveraged...

August 03, 2020 05:55 PM

Gartner survey notes 17% of Chief Supply Chain Officers are women

SupplyChain -- Logistics Management - While supply chain organizations deal with the impacts of the coronavirus pandemic, they still pursue gender equality goals. According to Gartner, Inc.'s 2020 Women in Supply Chain Survey among 177 supply chain professionals, 17%...

August 03, 2020 05:54 PM

How B2B Payments Fraud Hides Within The Enterprise

Media -- PYMNTS.com - When it comes to B2B payments fraud, it's not a matter of if it happens, but when.

Speaking with Karen Webster in a recent interview, OnPay Solutions President and CEO Neal Anderson explained that organizations have to prepare themselves...

August 03, 2020 05:53 PM

High Reliability Electronic Components

Media -- Electronics Sourcing - The number of options that can be specified for high reliability electronic components can feel overwhelming at first glance.

This is especially true when some degree of overlapping or mirroring is evident from one product / part...

August 03, 2020 05:52 PM

Where the end justifies the means

Media -- ELE Times - The 21st century is an era of electronics systems - and semiconductor devices are the heart of these systems. Being deficient in chip manufacturing is a bottleneck in electronics manufacturing. The existing trend of chip development at nanometer...

August 03, 2020 05:49 PM

Why Eliminating Checks Isn't Enough To Crush B2B Payments Fraud

Media -- PYMNTS.com - On top of being a cumbersome payment vehicle, the paper check continues to pose a major risk to corporate coffers. Fraud is on the rise, from both within and outside of the organization, and bad actors continue to take advantage of the paper...

August 03, 2020 05:44 PM

China smartphone shipments to contract in 3Q20, says Digitimes Research

Media -- DIGITIMES - Smartphone shipments to the China market are expected to decline both sequentially and annually in the third quarter of 2020, after experiencing a robust on-quarter growth in the previous quarter, according to Digitimes Research.

August 03, 2020 03:34 PM

The Latest Digital Fraud Prevention Technique: Build A Selective Lock

Media -- PYMNTS.com - When one stops to consider how fast merchants pivoted to offer their consumers digitally-enriched shopping journeys and how many things customers can do now that they couldn't as recently as January, it's pretty staggering.

That would be...

August 03, 2020 03:27 PM

The Drones Are Coming To One Of 78 Million Backyards Near You

Media -- PYMNTS.com - "Please put seat backs and tray tables in their upright and locked position. Your monthly subscription box of (fill in the blank) will be descending from the sky momentarily."

Except with drones, there are no seats or drivers.

Meet the future:...

August 03, 2020 03:27 PM

Reshoring from China to US not a short-term solution

Media -- Robotics and Automation News - Reshoring industrial operations from China to the US has not been as straightforward as it may have sounded at first, and companies looking to do so "face significant problems", according to a report by the South China Morning...

August 03, 2020 03:13 PM

Rediscovering The Value In Procure-To-Pay Digitization

Media -- PYMNTS.com - While the global pandemic has opened many corporates' eyes to the value of automation, for many firms, the digitization journey may have lost its way.

"Digital transformation" is such a hot buzzword that some businesses might have forgotten...

August 03, 2020 03:11 PM

Digitally transformed purchasing delivers real-time visibility

Media -- Electronics Sourcing - CalcuQuote's founder and president, Chintan Sutaria

CalcuQuote's founder and president, Chintan Sutaria explains how a digital thread takes the guesswork out of managing supply and demand.

Real-time visibility is essential when...

August 03, 2020 03:05 PM

Helping CFOs Monetize The B2B Payments Digital Transformation

Media -- PYMNTS.com - Although the enterprise continues to accelerate its digitization efforts, chief financial officers keep hitting roadblocks when it comes to modernizing workflows regarding accounts payable (AP) and embracing electronic payments.

Their hesitancy...

August 03, 2020 03:05 PM

Amazon Fraud Detector now generally available

Enterprise -- ZDNet News - Using machine learning, users can identify potentially fraudulent online activities, such as online payment and identity fraud, the creation of fake accounts, and loyalty account and promotion code abuse.

August 03, 2020 02:12 AM

Conexiom raises $40M from Iconiq Capital to automate enterprise transactions

Enterprise -- SiliconANGLE - Conexiom, a Canadian software-as-a-service provider focused on making companies' sales processes more efficient, today said that it has landed $40 million in funding from Iconiq Capital. Iconiq Capital makes investments on behalf of a...

August 03, 2020 02:09 AM

Mastercard collaborates with Microsoft to accelerate innovation across digital commerce and startup ecosystems

Enterprise -- Microsoft - Collaboration will build pathways to financial security and provide tools for sustainable growth

On Tuesday, Mastercard and Microsoft Corp. announced a collaboration to shape the future...

August 03, 2020 01:47 AM

August 02, 2020

SparkFun Electronics and Alchitry Partner to Bring FPGA Hardware and Software to Electronics Enthusiasts

PR Newswire -- SparkFun Electronics and Alchitry are pleased to announce they have entered into a strategic partnership, combining SparkFun's logistics and hardware expertise with Alchitry's FPGA knowledge and experience. SparkFun will manufacture and...

August 02, 2020 11:48 PM

SparkFun Electronics Launches Nine New Value-Added Services to Help Businesses Achieve More

PR Newswire -- SparkFun Electronics is pleased to announce the launch of nine new value-added services covering board development, logistics and training. The new services include: Development Board Design and Manufacturing Custom Assembly Sales/Demo Kit...

August 02, 2020 11:42 PM

How Will IoT Change the Supply Chain in 2020?

Aspencore -- EPS News - Covid-19 has disrupted the supply chain globally, requiring fast action from logistics companies that want to continue driving growth through the pandemic. New technology will likely be a key resource for these businesses.


August 02, 2020 10:59 PM

SAIC Wins $63.5 Million U.S. Navy Contract for Mission Engineering and Integration Services to Support Advanced Hypersonic Technologies

Business Wire -- The U.S. Navy awarded a $63.5 million single-award task order under the SeaPort-NxG Multiple Award Contract to Science Applications International Corp. (NYSE: SAIC) to provide mission engineering and integration services to the Global Deterrence and Defense...

August 02, 2020 10:54 PM

UPS Reports Record Surge in Shipping

Distribution -- Industrial Distribution - Shipments from businesses to U.S. consumers soared 65%.

August 02, 2020 03:25 AM

July 30, 2020

One in Three Smartphones Sold in China in Q2 2020 Was a 5G Phone

Business Wire -- Smartphone sales in China declined 17% YoY in Q2 2020, according to Counterpoint's Market Pulse, a monthly smartphone sales tracking service. However, the sales increased 9% QoQ, indicating some signs of recovery. COVID-19 has been mostly contained in...

July 30, 2020 08:10 PM

Transforming e-waste into a strong, protective coating for metal

Life -- Phys.org - A typical recycling process converts large quantities of items made of a single material into more of the same. However, this approach isn't feasible for old electronic devices, or 'e-waste,' because they contain small amounts of many different...

July 30, 2020 05:13 PM

July 29, 2020

Automotive Design Needs Efficient Verification to Survive

Aspencore -- EETimes - The business of building and selling vehicles is changing like never before in the history of the automobile. The quest for cars that drive themselves has completely upended what it means to design a car - and, indeed, what it means to own a...

July 29, 2020 08:51 PM

US vs. China: How Did We Even Get Here?

Aspencore -- EETimes - How did we even get here? The erratic sequence of diminishing tensions and escalations in the U.S. vs. China conflict can make one's head spin.

The history of U.S.-China relations in the past three and half years has been laced with a series...

July 29, 2020 08:49 PM

Honeywell Q2 Sales Fall 19% Despite PPE Order Surge

Distribution -- Industrial Distribution - The company said backlog in its Safety and Productivity Solutions segment was up 100 percent from a year earlier.

July 29, 2020 03:05 PM

July 27, 2020

Pricefx raises $65M Series C for its cloud-based pricing software

Tech -- TechCrunch - Pricefx, the Munich-founded startup that offers cloud-based pricing software, has raised $65 million in Series C funding.

The round was led by funds advised by Apax Digital, the growth equity team of Apax Partners, with participation from...

July 27, 2020 04:24 PM

From Paper To Digital To Money On Demand: Who'll Lead The Way?

Media -- PYMNTS.com - Banks missed out on the first big wave of digital payments, but they don't have to miss out on the next, Ingo Money CEO Drew Edwards told Karen Webster in a recent conversation.

"The entire [digital payments] industry ends up being created...

July 27, 2020 03:13 PM

UIPath reels in another $225M as valuation soars to $10.2B

Tech -- TechCrunch - Last year, Gartner found that Robotic Process Automation (RPA) is the fastest growing category in enterprise software. So perhaps it shouldn't come as a surprise that UIPath, a leading startup in the space, announced a $225 million Series...

July 27, 2020 04:48 AM

Finding Balance in Your Career

SupplyChain -- Supply Chain Nation - Susan Arnett is a senior education architect at Blue Yonder and has been with the company more than 15 years. As a life coach in her spare time, Susan talks about how important it is to find the right balance between a career path...

July 27, 2020 04:06 AM

Goldman Sachs Forecasts Acceleration In eCommerce Sales

Media -- PYMNTS.com - Goldman Sachs has predicted that online shopping will expand by 19 percent each year during the next three years to come, which marks a rise from its past forecast of 16 percent. The firm said the acceleration was mainly fueled by quicker...

July 27, 2020 03:46 AM

Fraud: Why Everything Old Is New Again

Media -- PYMNTS.com - Fraudsters aren't usually static. They're often dynamic when on the hunt for new weaknesses to exploit, new targets to go after and new ways to get into systems where they aren't supposed to be. And while COVID-19 has accelerated fraud, it's...

July 27, 2020 03:06 AM

Fixing supply chain vulnerabilities should be a team effort

Infosec -- CyberScoop - In the last few weeks, the Ripple20 vulnerabilities have once again brought the challenge of securing IoT and OT devices to the forefront, underscoring the risky supply chain of software and hardware components that serves as the foundation...

July 27, 2020 02:50 AM

July 24, 2020

Apple Commits to be 100 Percent Carbon Neutral for its Supply Chain and Products by 2030

Business Wire -- Apple(r) today unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. The company is already carbon neutral today for its global corporate operations, and this new commitment...

July 24, 2020 10:42 PM

July 20, 2020

The tech industry comes to grips with Hong Kong's national security law

Tech -- TechCrunch - Scott Salandy-Defour used to make frequent stops at a battery manufacturer in southern China for his energy startup based in Hong Kong. The appeal of Hong Kong, he said, is its adjacency to the plentiful electronics suppliers in the Pearl...

July 20, 2020 02:45 PM

UPS Mourns Loss Of Congressman Lewis

SupplyChain -- UPS - On behalf of UPS employees and retirees, the following is a statement from UPS Chief Executive Officer, Carol Tome.

July 20, 2020 04:40 AM

Coyote Logistics Launches Dynamic Route Optimization to Enhance Supply Chain Efficiency

SupplyChain -- UPS - New solution aims to reduce uncertainty, provide reliability and streamline operations across the supply chain

Today, Coyote Logistics, a leading global third-party logistics (3PL) provider, expanded its Dynamic Route Optimization program that aims...

July 20, 2020 04:40 AM

How To Get Benefited By ERP Systems in Supply Chain Management

SupplyChain -- DC Velocity - Supply Chain Management (SCM) is a system through which distributors and manufacturers use to plan, distribute, and track the inward and outward flow of materials and products.

July 20, 2020 04:39 AM

Improving B2B Customer Service Through Sales Order Automation

SupplyChain -- Conexiom - B2B customer service is important in any industry. However, if you are a wholesale manufacturer or distributor, it is paramount. Offering an exceptional b2b customer experience can be a crucial differentiator - but isn't easy.

Unique Customer...

July 20, 2020 04:37 AM