EU proposes supply chain emergency powers, leaves businesses worried
The European Commission proposed a new emergency tool to defend supply chains in moments of crisis. EU executive could be given additional powers, such as forcing essential commodities stockpiling and ordering corporations to prioritize particular orders.
According to the Commission, the new Sin... Read more
Apple’s Mac sales decline due to supply chain issues
Apple marginally beat Wall Street estimates with its third-quarter earnings announcement on Thursday afternoon, showing a modest year-over-year gain in iPhone revenue and a 12 percent growth in its services segment. However, the company's numbers suffered in other segments
Mac revenue was down 1... Read more
Despite macroeconomic concerns, tech spending remains steady
Despite Inflation, Sky-rocketing Energy & Home Prices, Supply Chain Issues, and a global crisis regarding Ukraine, information technology buyers and chief information officers expect more than a 6% raise in tech spending in 2022.
Although the prediction made in January was that an increase o... Read more
Foxconn predicts stable supply chain for latter part of 2022
Foxconn has predicted a better supply chain in the second half of the year.
As Shanghai's COVID-19 lockdown looks to be easing, Taiwan's Foxconn, the largest electronics manufacturer globally, stated this week that the second half of this year is headed "in a better direction."
"We are quite ... Read more
ServiceNow launches Procurement Service Management
Procurement Management Service is now available. The solution automates and analyzes daily procurement tasks.
Procurement is an umbrella term for purchasing processes, material planning and inventory management. COVID-19 has had a huge impact on the industry. In a recent PwC survey, 400 procurem... Read more
AI-driven logistics platform Zozio raises €4 million in funds
Zozio, a Paris-based logistics platform, picked up a €4 million round to grow the business internationally.
Zozio raised €4 million in funds. The round was supervised by Capricorn Partners and recognized the contribution of Industrya and The Faktory Fund. The funding serves to expand the Par... Read more
SAP Sapphire showcases sustainability, supply chain innovation and low-code development
SAP kicked off its Sapphire event in Orlando. During the opening keynote, the company focused on sustainability. In addition, there's a focus on improving supply chains and low-code and no-code application development through AppGyver, a solution acquired by SAP last year.
Christian Klein, SAP's... Read more
SAS and Cosmo Tech simulate supply chains with digital twins
SAS and Cosmo Tech are developing a digital twin solution for predicting and solving supply chain issues.
Supply chains are complex. Potatoes and rubber plants have a long way to go to chip bags and car tires. Spreadsheets are insufficient for predicting unexpected delivery problems. Artificial... Read more
GitHub imposes 2FA on all contributors
GitHub wants to arm itself against supply chain attacks. Two-factor authentication (2FA) will be mandatory for all users who upload code to the platform.
Users who contribute code, use Actions, open pull requests or merge and publish packages are obliged to use 2FA. Every end user lacking 2FA w... Read more
’96 percent of organizations fell victim to supply chain attacks’
Roughly 96 percent of Benelux-based organisations fell victim to a cyberattack due to a supply chain vulnerability.
Security specialist BlueVoyant surveyed over a thousand IT leaders on the state of supply chain security in their organisation. Today, the results were shared.
In the Benelux, ... Read more