supply chain management

In a recent episode of Benzinga’s Cannabis Insider podcast, Jackie Cahan, the managing partner at 240 Logistics, dove into the intricacies of the cannabis supply chains and financial strategies. Cahan, with a profound understanding and enthusiasm for the cannabis industry, shed light on the...

Why does the cannabis industry need to embrace traditional retail practices? The answer lies in the potential benefits that can be reaped by adopting proven solutions from traditional retail marketing and supply chain management techniques. While the cannabis industry has its unique characteristics...

At the Benzinga Cannabis Capital Conference, top executives in the cannabis industry convened to discuss the effects of consolidating a global cannabis supply chain, which can lead to improved efficiency and competitiveness for businesses. The conference brought together major players in the...

Blockchain firm SIMBA Chain has received a $30 million investment from the U.S. Air Force under its Strategic Technology Reachback and Analysis program (STRATFI). The investment will fund the development and deployment of blockchain applications in supply chain management, with a focus on...

An artificial intelligence-enabled platform for the supply chain is going public in a SPAC deal announced Monday morning. The SPAC Deal: Symbotic announced a SPAC Deal with SVF Investment Corp 3 (NASDAQ: SVFC), a SPAC from Softbank Group (OTC: SFTBY). The deal values Symbotic at a pro forma...

Walmart Inc (NYSE: WMT) said on Wednesday it plans to hire 20,000 employees spread across its supply chain network to tide over the upcoming holiday shopping rush. What Happened: The new jobs will be permanent positions but a mix of full-time and part-time roles. The supply chain roles will be...

Visibility's role in logistics is undeniably a hot topic, yet a significant portion of the industry has been slow to actually adopt visibility technology. Not too long ago, enhanced visibility options were viewed as a "nice-to-have" perk, prompting some companies to put adoption on the backburner...

Heartland Express, Inc. (NASDAQ: HTLD) reported a truly remarkable 12-month turnaround in its fourth quarter operating ratio, according to its quarterly earnings released earlier Tuesday. For the fourth quarter of 2017, Heartland reported an unadjusted operating ratio of 94% and an...

UPS Inc. (NYSE: UPS) said today it is expanding a program with Latch, a provider of keyless delivery services, that grants UPS drivers keyless access to drop off parcels in common areas of multi-unit dwellings. Starting mid-year, building owners or property managers in 10 markets will allow...

Blockchain's place in the future of supply chain is beyond doubt, based on the number of pilot projects that are mushrooming in the transportation and logistics space. However, even though the basic premise behind blockchain is promising, implementation has been a cause for concern. For...

FitzMark has acquired Reliable Source Logistics, forming a larger freight brokerage that executives project to bring in $200 million in revenue this year. FitzMark, founded in 2006, employs 80 brokers and ended 2018 with revenues of approximately $95 million; Reliable Source was founded in 2016 and...

As the three largest U.S. ports see major congestion amid large volumes of inbound containers, the only near-term relief may come from the upcoming Chinese Lunar New Year. China's Lunar New Year, which begins February 5, is technically a week-long holiday for most of the country's factory...

Overall supply chain and logistics tech spending will rise to $87.8 billion over the next three years. That's according to new research from Logistics Trends & Insights, LLC and American Global Logistics (AGL). The study shows that U.S. companies will spend more than $2.5 billion in...

For nearly a decade, ultra-low interest rates created a near risk-free borrowing environment to carry inventories. But the climate has changed. The federal funds rate, the rate that banks charge one another for overnight loans, sits at 2.5 percent, its highest level in 11 years. Most Fed-watchers...

Good day, Platooning and blockchain are coming technologies, but they are not the ones DHL sees as the most important in 2019. The company envisions robotics, digitization and talent recruiting and retention as top issues facing the supply chain this year. DHL said that robotics technology will...