RFID technology company eAgile is marketing a solution known as eSeal that aims to enable the automatic tracking of containers of medication from the point of manufacture to the drugstore counter or a patient's hospital bedside.
CBX Software, a provider of sourcing-management applications to the retail industry, has joined with SGS, the global inspection, testing and verification body, to provide an integrated sourcing, quality, compliance and supply-chain service.
Ireland-based ASL Aviation Group has agreed to purchase airline operations currently owned by TNT Express and is expected to will continue to operate them on behalf of the merged FedEx-TNT entity.
Claims related to the massive explosion at the port of Tianjin, China, may grow to as much as $6bn, says the International Union of Marine Insurance (IUMI). More than half of the claims reportedly fall within marine insurance or reinsurance lines - potentially making it the largest single marine disaster (by claim value) in history, surpassing Hurricane Sandy.
In many businesses, supply chain management historically has fallen outside the core of the company's compliance function. But that was then. A renewed push this year by state, federal and international regulators – not to mention consumer advocacy groups, NGOs and foreign legislatures – to conscript the business community into the fight against human trafficking and the use of child, indentured, forced and other forms of coerced labor has brought supply chain management to the front and center of the corporate compliance world.
Chipotle Mexican Grill revealed on Tuesday that federal prosecutors had expanded their inquiry into the company's multi-state outbreaks of food-borne illnesses, further threatening sales that declined steeply by the end of last year.
Beijing is crawling with motorcycle-mounted deliverymen, one sign of the rapid growth of China's service industries. Services grew 8.3 percent last year and for the first time generated more than half of gross domestic product, or 50.5 percent. Manufacturing rose only 6 percent. "If it hadn't been for the service sector, China's economy would be in a much worse state today," says Louis Kuijs, head of Asia economics at Oxford Economics in Hong Kong. He notes that all kinds of services have expanded quickly in recent years.