Just 25% of suppliers use real-time shipping visibility tools even though 73% of supply chain professionals say real-time shipment visibility is a “must-have” feature.
Oracle's newly launched update for its Oracle Fusion Cloud Application Suite will help customers with supply chain planning, operational efficiency and financial accuracy.
The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight.
Late payments also add to the financial pressures impacting suppliers, with 42% saying they expect to face increased borrowing costs over the next 12 months.
Apple plans to use 100% recycled cobalt, completely recycled rare Earth elements, 100% recycled tin soldering and 100% recycled gold plating in its products by 2025.
Snowflake recently launched the Manufacturing Data Cloud which allows manufacturers to improve supply chain performances, product quality and factory efficiency.
Bart De Muynck, chief industry officer of project44, discusses how companies can make real progress in measuring the carbon emissions of their supply chain partners.
Krenar Komoni, founder and chief executive officer of Tive, offers advice on evaluating freight-tech providers, and emphasizes the need for collaboration as the basis for making key decisions in the supply chain.