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Inventory Ownership Solutions are becoming the new normal. According to data from research firm Coalition, the world’s top banks have had a productive year in 2020 in one interesting area: supply chains. As organizations across all industries struggle with inventory, they have turned to finding alternative ways to pay suppliers in a time when working…
One of the major focuses of the current U.S. administration in recent months has been the ongoing supply chain crisis. It’s a crisis that has many causes, and while there is no quick fix, action from both the government and the business community are universally recognized as being integral to the solution — even if…
Supply chains around the world, in addition to the delays and shortages, caused by COVID-19, have had another risk emerge in 2021: cyberattacks. This year supply chains have been the new favorite targets for hacking groups and bad actors. According to a recent report from the The European Union Cybersecurity Agency (ENISA), supply chain attacks…
In what is only the latest indicated of a deep, complex supply chain crisis, President and CEO of the American Trucking Associations told CNN that the trucking industry is now a record 80,000 drivers short. Although this issue is not new, the COVID-19 pandemic has skyrocketed this issue to near catastrophic proportions. Before the pandemic,…
The modern supply chain is in a crisis. Although supply chain disruptions occur in some form annually, and major disruptions occur in cycles at least every few years, 2021 is proving to be a different beast. Inflation, raw materials shortages, port congestion, political tensions within nations that constitute critical pain points for critical electronic component…
