Supply chain digitalization

No-code EDI provider Crstl announces national launch

The supply chain isn’t what it used to be. With more and more sales taking place online, retail brands have started to meet them there by digitizing their own processes, from order management to procurement.

When consumers first began to shift online, the problem among brands was reaching them there. But now, with the rise of marketplaces and online retail, brands have an incentive to digitize not just for customers but for other businesses.

Crstl, which announced its nationwide launch Tuesday,...

https://www.freightwaves.com/news/no-code-edi-provider-crstl-announces-national-launch

FourKites rolls out major update to supply chain visibility platform

supply chain visibility truck

Nine out of the top 10 consumer packaged goods companies rely on the same supply chain visibility platform — and it just got a major overhaul.

FourKites, a Chicago-based provider of supply chain visibility services, on Monday announced the release of a platform upgrade that improves data integration between the wider supply chain and individual facilities.

With the new enhancements, the platform now automatically synchronizes data between shipments in transit and orders waiting in the warehouse...

https://www.freightwaves.com/news/fourkites-rolls-out-major-update-to-supply-chain-visibility-platform

White House unveils freight data exchange to bolster supply chains

The White House announced on Tuesday a freight data exchange to be coordinated by the U.S. Department of Transportation. The Biden administration sees the exchange as the next step toward strengthening supply chains.

The Freight Logistics Optimization Works (FLOW) includes 18 initial participants including shippers, trucking, warehousing, logistics companies and ports.

“These key stakeholders will work together with the Administration to develop a proof-of-concept information exchange to ease...

https://www.freightwaves.com/news/white-house-unveils-freight-data-exchange-to-bolster-supply-chains

Leverage aims to break through supply chain bottlenecks using AI

Leverage, an artificial intelligence-driven supply chain visibility platform, announced it has raised $5 million in a funding round that includes Las Olas Venture Capital, Great Oaks Venture Capital, the Gaingels investment syndicate and entrepreneur Mark Cuban.

Nadav Ullman, co-founder of Leverage, said the funds will be used to rapidly expand software engineering and customer support teams in order to meet growing demand. 

“International trade and robust, sustainable supply chains are the glue...

https://www.freightwaves.com/news/leverage-aims-to-break-through-supply-chain-bottlenecks-using-ai

CN: Partnership with Google Cloud ups ante for integrating technology

Earlier this month, Canadian railway CN announced that it would be working with Google Cloud via a seven-year partnership aimed at catapulting CN’s current technological efforts into what CN calls “digital scheduled railroading” (DSR), or the next stage following precision scheduled railroading.

CN (NYSE: CNI) says DSR will modernize the railway’s technology infrastructure in the cloud and provide customers with improved visibility into the supply chain. CN will work with Google Cloud to develop...

https://www.freightwaves.com/news/cn-partnership-with-google-cloud-ups-ante-for-integrating-technology

What does Walmart’s GoLocal service mean for last-mile delivery?

Walmart rolls out new last mile delivery offering GoLocal for SMBs

They say every company is now a technology company. That modern adage of the business world has proved profitable for its followers as e-commerce has swept the globe over the past few years. But that increased order volume has contributed to the sister trend of supply chain backups, a contemporary reality that is coining a new business proverb: Every company is now a logistics company.

It’s a prediction that FreightWaves CEO Craig Fuller made over a year ago, and it’s coming true. Simply put,...

https://www.freightwaves.com/news/what-does-walmarts-golocal-service-mean-for-last-mile-delivery

Locus introduces ‘smart supply chain decision-making platform’

The supply chain is moving at speeds unimagined just a year ago. The COVID-19 pandemic drove consumers and businesses online, accelerating a supply chain digitization trend forward as much as 10 years, according to some experts.

For shippers adapting on the fly, the end result has been a Band-Aid approach to getting things done and product moved. In many cases, optimization of the supply chain became an afterthought to getting product to the end consumer.

To combat this, Locus, a global B2B...

https://www.freightwaves.com/news/locus-introduces-smart-supply-chain-decision-making-platform

The great transportation and logistics renaissance has begun!

On occasion, someone asks me how long I have been involved in the trucking industry. I often say “42 years.” I get an odd look, but I then explain that I literally grew up around the industry and that my father and grandfather built successful trucking companies. As a young boy, I would often go to work with my father and rather than let me play, he would put me to work. It goes back as far as I can remember, so I suspect he was breaking some child labor law that was on the books back in the...

https://s29755.pcdn.co/news/the-great-transportation-and-logistics-renaissance-has-begun

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