Woodstock Wire: Supply Chain News

October 28, 2020

Visa to Acquire YellowPepper

Business Wire -- Visa Inc. (NYSE: V) today announced it has signed a definitive agreement to acquire YellowPepper, a fintech pioneer with proprietary technology and partnerships supporting leading financial institutions and startups in Latin America and the Caribbean....

October 28, 2020 08:15 PM

Industry 4.0: manufacturing's supernova

Media -- Electronics Sourcing - John Denslinger is a former executive VP Murata, president SyChip Wireless, and president/CEO ECIA, the industry's trade association. His career spans 40 years in electronicsJohn Denslinger argues Industry 4.0 is a manufacturing...

October 28, 2020 07:40 PM

Visa To Acquire YellowPepper To Expand Network of Networks In LATAM

Media -- PYMNTS.com - Visa has inked an agreement to acquire YellowPepper, which works with startups in the Caribbean and Latin America, according to an emailed press release.

The acquisition builds on a strategic partnership and investment made in 2018, where...

October 28, 2020 07:38 PM

JPMorgan Chase Takes Blockchain Into Commercial Applications

Media -- PYMNTS.com - Will blockchain find favor in financial services - and help kill the check?



To that end, in further evidence that blockchain is gaining traction with traditional financial institutions (FIs), news came this week that J.P. Morgan has created...

October 28, 2020 07:20 PM

New Opportunities And Challenges In Digital Commerce

Media -- PYMNTS.com - Ahold Delhaize has registered double-digit expansion in online sales since the pandemic began. In consumer payments, merchants and financial institutions (FIs) are eyeing new retail payment experiences amid COVID-19, while in eCommerce, a...

October 28, 2020 05:15 PM

October 27, 2020

Quantifying Complexity: The Challenges of Supply Chain Security

Aspencore -- EETimes - Do you know what was in the food you had for dinner last night? Even if you cooked the food yourself, chances are you did not pay too much attention to the ingredients list of the items you used, let alone where exactly they came from or how...

October 27, 2020 06:04 PM

PwC Executive Says US Firms To Curb Reliance On China Suppliers

Media -- PYMNTS.com - Talk of a major reshuffling in international trade continues to build as more companies eye global supply chains, opening up opportunities for American manufacturing.

Tim Ryan, chair of accounting giant PwC (PricewaterhouseCoopers), told...

October 27, 2020 04:31 PM

Digital Dilettantes Don't Cut It In Multichannel Commerce

Media -- PYMNTS.com - It's weird to think that when 2020 dawned, physical retail still towered over eCommerce.

PYMNTS' October Mastering Multichannel Commerce Playbook: Digital Payments And The Road To Growth, done in collaboration with Citi, publishes at a very...

October 27, 2020 04:29 PM

Accenture, MIT Develop Stress Test For Supply Chain Resilience

Media -- PYMNTS.com - To evaluate the financial and operational risks presented by significant market interruptions, disasters or other catastrophic occurrences, Accenture and the Massachusetts Institute of Technology (MIT) are creating a supply chain resilience...

October 27, 2020 04:29 PM

B2B Scammers Wield The Power Of The Invoice

Media -- PYMNTS.com - When invoices are generated manually, there are plenty of opportunities for billing to go awry. This week's look at the latest in B2B payments fraud lands its focus on the invoice, used in a variety of ways by scammers to infiltrate B2B payment...

October 27, 2020 04:27 PM

Zillant Partners With SAP For Pricing Optimization

Media -- PYMNTS.com - Zillant, which works in B2B price optimization, price management and sales guidance software, is partnering with SAP on helping distributors get the most out of pricing and customer experiences, a press release says.

According to Greg Peters,...

October 27, 2020 04:16 PM

October 25, 2020

Scrum and Kanban: 3 realities CIOs should know

Enterprise -- The Enterprisers Project - Agile methodologies can make all the difference in your digital transformation, but successful adoption requires culture change. Consider this expert advice on scrum and kanban

October 25, 2020 09:49 PM

Digital transformation: How to tell a compelling story that wins buy-in

Enterprise -- The Enterprisers Project - Aligning your organization around digital transformation takes more than facts and figures. Here's how the power of storytelling can lock in commitment

October 25, 2020 09:48 PM

Automated Warehousing: Playbook for Introducing AI to Your Operation

Media -- Robotics and Automation News - In the eCommerce industry, businesses need to reduce their costs and streamline the distribution process if they want to succeed. With the number of physical goods ordered online skyrocketing across the country, Amazon has...

October 25, 2020 08:39 PM

AVs: Sense the Need for Supply Chain Collaboration?

Aspencore -- EETimes - Call it a wild guess, but I suspect I am not the only follower of the automotive industry who is tired of reading articles that lament the impact of Covid-19 and speculate, to varying degrees of accuracy, what kind of recovery is in store for...

October 25, 2020 01:15 AM

October 24, 2020

Managing The Juggling Act Of Third-Party Supplier Risk

Media -- PYMNTS.com - The gradual digitization of the enterprise and migration to the cloud has resulted in untold amounts of digital data being stored and shared across business partners. It's for this reason that cybersecurity risks have climbed to the top of...

October 24, 2020 10:12 PM

October 23, 2020

Sourceability Appoints Kevin Wang as Managing Director for APAC

Aspencore -- EPS News - Sourceability, the digital supply chain solutions provider, has appointed Kevin Wang as Managing Director for APAC, ushering in a renewed focus and support for the region. Wang joins after eight years at Future Electronics where he held the...

October 23, 2020 10:00 PM

Supply Chain Lessons From the Covid-19 Pandemic

Aspencore -- EPS News - Vishal Patel, VP product marketing, Ivalua

It would be hard to overstate the impact of the Covid-19 pandemic on organizations of practically every type. Industries that were prospering until last year are in bankruptcy now. Customer demand...

October 23, 2020 09:56 PM

More On Arctic Circle Supply Chain Options

SupplyChain -- SCMR Editorial - As outlined in our current website feature, climate change may make the Arctic Ocean a viable alternative sea channel for global supply chain managers. In this exclusive Q&A interview with Hiba Baroud, Vanderbilt University Littlejohn...

October 23, 2020 04:32 PM

Sourceability appoints new managing director for APAC

Media -- Evertiq - Semiconductor veteran joins the management team of digital supply chain solutions provider.

October 23, 2020 03:17 PM

How The Identity Of Things Makes Supply Chains Transparent

Media -- PYMNTS.com - In the age of eCommerce, supply chains must become more agile - and to become agile, they must embrace digitization.

Niall Murphy, CEO of EVRYTHNG, told PYMNTS in an interview that assigning individual items their own unique identities and...

October 23, 2020 03:16 PM

Supply Chains Will Shift, Digital Dollars Emerge After COVID-19

Media -- PYMNTS.com - Post-pandemic, digital dollars will make their way across supply chains drastically reconfigured, and China will be out of the picture as the dominant U.S. trading partner.

Maybe only a little of that will be true. The digital dollars part,...

October 23, 2020 03:15 PM

October 22, 2020

DECLINE IN MANUFACTURING ACTIVITY SLOWED FROM JULY SLUMP BUT REMAINS WEAK - CBI

Media -- eBOM - Output volumes in the three months to October fell at their slowest pace since March 2020, according to the latest CBI quarterly Industrial Trends Survey. Output dropped in 10 out of 17 sub-sectors, with the headline decline driven by the aerospace...

October 22, 2020 08:30 PM

October 21, 2020

5 Post-Covid Changes Supply Execs Should Expect

Aspencore -- EPS News - Shannon Flynn

The supply chain is the backbone of modern business, and it faces some unprecedented changes these days. Supply chain managers have faced an unusually extreme set of challenges amid Covid-19. These difficulties will transform...

October 21, 2020 08:27 PM

Global Supply Chain Activity Surges To Pre-Pandemic Levels In Q3, But Cash Crunch Leaves Suppliers Vulnerable

Business Wire -- The number of purchase orders and invoices exchanged across global supply chains rose by 15% in Q3 after falling by a similar margin in Q2, the latest Index of Global Trade Health from Tradeshift can reveal. The report, which is based on analysis of transaction...

October 21, 2020 04:31 PM

European Banking Federation On The EU's Shift To Digital, Data-Driven Financial Services

Media -- PYMNTS.com - The pandemic has shifted priorities in regulatory policy tied to the financial services industry - and for Europe, it is heralding the emergence of a data-driven economy.

In an interview with Karen Webster, the European Banking Federation's...

October 21, 2020 04:21 PM

The Impact of Chinese New Year on Electronic Component Lead Times

Media -- eBOM - In China, one of the most important national events is the Spring Festival. This annual event-also often referred to as Chinese New Year-falls somewhere between the end of January and the middle of February. In 2021, it is set to begin on February...

October 21, 2020 04:20 PM

Government Looking at Introducing End Dates For Tariffs on TVs, Mobile and Components: Report

Media -- ElectronicsB2B - Basic customs duty is the extra tax levied over normal taxes on items announced by the government. The government has also introduced several electronics schemes recently The government is looking at the feasibility of introducing...

October 21, 2020 04:19 PM

Chinese Smartphone Buyers Driving iPhone 12 Demand

Media -- PYMNTS.com - Chinese smartphone users are driving the record pre-orders of Apple's new iPhone 12 and iPhone 12 Pro, CNBC reported on Tuesday (Oct. 20), citing data from the Chinese eCommerce site Fenqile.

The latest iPhones, which are the first to offer...

October 21, 2020 04:13 PM

October 20, 2020

Accenture and Blue Yonder Help Companies Accelerate Supply Chain Transformation in the Cloud

Business Wire -- Accenture and Blue Yonder are helping companies to accelerate supply chain transformation in the cloud.

October 20, 2020 07:42 PM

BAE Systems Offers ARCHER Wheeled Howitzer for U.S. Army's 155 mm Gun System

Business Wire -- BAE Systems has proposed its ARCHER howitzer in response to the U.S. Army's request for proposals for a 155 mm wheeled gun system.

October 20, 2020 07:37 PM

Taiwan PCB makers gearing up to enter Tesla supply chain

Media -- DIGITIMES - Tesla is on track to ramp up EV production at its assembly plant in Shanghai, China, and Taiwan's PCB makers are gearing up to seek a bigger presence in the components supply chain for the US vendor, according to industry sources.

October 20, 2020 07:31 PM

To Modernize B2B Payments, Break Down The Silos Between AP And AR

Media -- PYMNTS.com - In the bid to modernize B2B payments, accounts receivable (AR) and accounts payable (AP) need to work together.

To that end, one goal is to integrate payments, streamlining discrete functions of paying vendors and receiving payments from...

October 20, 2020 07:30 PM

Building Resilient, Fault-Tolerant Supply Chains

Distribution -- TTI MarketEye - Understanding the impact of natural disasters on the supply chain and building them in a preventative manner.

October 20, 2020 03:10 PM

October 19, 2020

Digital transformation: 5 proven ways to get skeptics on board

Enterprise -- The Enterprisers Project - Throughout this year, industries have had to completely change how they do business. To foster buy-in for large scale digital transformation, consider these techniques.

October 19, 2020 05:10 PM

Renewables to Drive Power Electronics Future

Aspencore -- Power Electronics - Electric vehicles (EVs) are hitting the world's roads, and millions more are coming. Moving towards a low or zero-carbon economy, market research firm Yole Developpement (Lyon, France) urges to harness renewables' untapped potential...

October 19, 2020 04:57 PM

Exercise and nutrition regimen benefits physical, cognitive health

Life -- EurekAlert - Researchers studied the effects of a 12-week exercise regimen on 148 active-duty Air Force airmen, half of whom also received a twice-daily nutrient beverage that included protein; the omega-3 fatty acid, DHA; lutein; phospholipids; vitamin...

October 19, 2020 04:43 PM

Buyer Beware: Understanding the Risks of Gray Market and Counterfeit Products

Media -- Electronics Sourcing - With today's competitive market environment, attractive prices can be difficult for hardworking professionals to ignore. Counterfeiters and unauthorized vendors count on that, causing massive liability and safety risks.

Join WESCO,...

October 19, 2020 04:03 PM

October 18, 2020

Can AI Really Help the Digital Economy?

Aspencore -- EPS News - Whereas e-commerce companies are digital natives -- that is, they were built from the ground up for the digital economy -- traditional manufacturing and consumer packaged goods (CPG) companies are hamstrung by the legacy systems, processes...

October 18, 2020 03:23 AM

Privatizing Space? A Look at NASA's Commercial Partnerships

Aspencore -- EETimes - In its 30-year history, NASA's shuttle program flew 135 missions and helped construct the International Space Station (ISS). From the first launch on April 12, 1981, until the final space shuttle mission on July 21, 2011, the program not only...

October 18, 2020 03:20 AM

B2B distributors look at a digital future beyond COVID-19

Web Marketing -- Digital Commerce 360 - The height of the ride up came in 2019, when B2B ecommerce for the nation's 411,000 distributors grew nearly 22 times faster than both total and all-digital channel sales. B2B ecommerce also grew more than 20 times faster than sales...

October 18, 2020 02:55 AM

Automating Sales Order Management Prioritizes Revenue Capture

SupplyChain -- Conexiom - Digital transformation is an imperative for every forward-looking business organization. However, many enterprises have found it difficult to get their digital transformation off the ground. Many others have seen their DT endeavors fail to...

October 18, 2020 02:10 AM

October 16, 2020

Brexit tariffs will not help the poorest nations, new study finds

Life -- Phys.org - Exports from the world's poorest nations to the UK will be lower as a result of Brexit, a joint analysis of the UK's new tariff plans by the UK Trade Policy Observatory (UKTPO), the Overseas Development Institute (ODI) and the Center for Global...

October 16, 2020 04:17 PM

BAE Systems to Deliver System Integration and Information Technology Management for Army Cyber Command

Business Wire -- The U.S. Army has awarded BAE Systems a one-year, $11.7 million contract to provide information technology (IT) services to the Army Cyber Command.

October 16, 2020 04:10 PM

Why Payments Orchestration Is Becoming A 'Must-Have' For Platform Merchants

Media -- PYMNTS.com - The pandemic is accelerating the great migration of merchants to online channels, and particularly online platforms. In an interview with PYMNTS, Daniel Wideman, VP of product at Spreedly, said that platforms, payments orchestration and smart...

October 16, 2020 04:07 PM

"Global Trade in Electronic Component is Estimated to be US$2.1 Trillion"

Media -- ElectronicsB2B - IoT constitutes a major part of trade with US$800 Billion "India should focus on the component segment of IoT to up its global electronics trade market share of 3.3%" Currently, the electronics and hardware manufacturing industry...

October 16, 2020 03:59 PM

EU & U.S. Updates: No SCIP Reporting Delay, Lead as an SVHC - and More

Distribution -- TTI MarketEye - An update on Europe and U.S. environmental directives for materials.

October 16, 2020 03:48 PM

October 15, 2020

FourKites to Host First-Ever Virtual Conference Focused on Supply Chain Visibility and Logistics Operations in Latin America

Globe Newswire -- Technology - Constellation Brands, Nestle, Ingredion and other supply chain leaders to share strategies for visibility-fueled growth and efficiency tailored to Latin America's unique challenges Constellation Brands, Nestle, Ingredion and other supply...

October 15, 2020 06:26 PM

PayPal Invests In Extend As Merchants Seek New Ways To Boost Online Conversion

Media -- PYMNTS.com - As the shift from paper to digital has accelerated the transformation of many a legacy business with aging tech, CEO Woodrow Levin of Extend says it's important to add extended warranties to that list. Merchants used to have a tiny conversion...

October 15, 2020 05:51 PM

Report: Trump May Blacklist Alibaba Unit

Media -- PYMNTS.com - The U.S. State Department has proposed President Donald Trump add FinTech Ant Group, which has strong ties to the Alibaba Group empire, to a list of foreign companies to which U.S. companies cannot sell certain technology, Reuters reported...

October 15, 2020 03:38 PM