Page 15 - Supply Chain

5 essential commodities that will be hit by Russia's war on Ukraine

Ukraine, Russia may only account for a small proportion of imports of major manufacturing nations like Germany and US, but are essential suppliers of raw materials and energy for many supply chains.

Japan's Feb factory activity growth falls to five-month low: Flash PMI

Japan's manufacturing activity expanded at the slowest pace in five months in February as output contracted, underscoring the prolonged impact that global supply chain disruptions are having on Japan.

Supply chain firm Increff raises $12 mn in funding for expanding business

Funding round attended by TVS Capital Funds, Premji Invest, and Flipkart co-founder Binny Bansal's 021 Capital

Capgemini views India as more than a delivery centre: Group CEO Aiman Ezzat

The company is increasing the number of centres of excellence in the country this year. Many of these will now focus on technologies like IoT, smart factory, intelligent supply chain

Motherson Sumi: Margin worries near term overhang for auto component maker

Growth in client volumes of Motherson Sumi and easing up of supply chain issues could be triggers.

Shiprocket acquires majority stake in Glaucus Supply Chain Solutions

Zomato-backed e-commerce shipping platform Shiprocket on Monday announced its third buyout this year with the acquisition of a majority stake in Glaucus Supply Chain Solutions. Following the acquisition, the two platforms will combine their strengths to take the complexity out of fulfilment challenges faced by traders, retailers and brands, Shiprocket said. Shiprocket had earlier in January announced acquiring a 75 per cent stake in customer data platform Wigzo Tech and also the acquisition of business-to-business logistics aggregator platform Rocketbox. Besides, on February 5, it said the company had invested USD 1.5 million in software-as-a-service (SaaS)-based logistics start-up Logibrick. Continuing its acquisition spree, Shiprocket has acquired a majority stake in supply chain management company, Glaucus Supply Chain Solutions Pvt Ltd, and further the two companies have agreed to merge in due course, it said in a statement. The transaction will allow Shiprocket to accelerate

TVS SCS set to float Rs 5,000 crore IPO once Sebi nod comes through

The TVS Group's family recast deal got final nod from NCLAT, based on which each of the four family groups got ownership of the businesses they were managing, scrapping the holding company format

TVS SCS appoints Ravi Viswanathan managing director effective Feb 7

R Dinesh, the fourth-generation TVS Scion, would continue to guide the company in his new role as the Executive Vice Chairman

Shipping company Maersk expects supply chain chaos to buoy 2022 profits

Maersk said last month that it had been overtaken by Swiss-based container group MSC as the world's biggest shipper

UK, South Korea to sign deal to strengthen supply chains for key products

Monday's meeting is a precursor to formal trade negotiations, which are expected to begin later this year, to improve an existing agreement

Economic Survey: Policy-makers saw Covid disruption as supply side problem

Survey says incorrect to view pandemic-led disruption as merely a demand shock, defends supply side measures put in action by govt as a policy response to the pandemic.

Apple makes easy escape from supply crisis, but others may have to wait

The iPhone maker on Thursday posted record results largely boosted by sales of its premium phones

Pragmatism on investment

India should accept the reality of supply chains

Spread of Omicron cases may disrupt global supply chain: EEPC India

Engineering Export Promotion Council of India has expressed concern that the spread of Omicron, the new variant of coronavirus, may once again disrupt the global supply chain

Supply side constraints dent India's auto sector December sales

The sectors' current off-take of passenger vehicles, two-and-three wheelers were far behind the 2019 sales levels

German trade group fears 'massive disruption' in supply chain over Omicron

Industry has been hit by supply shortages of microchips and other components, while rising coronavirus cases are clouding the outlook for retailers.

Supply chain visibility player FourKites looks to expand presence in India

The company is credited to have tracked 2.5 mn global shipments daily in 2021 and boasted of ties with 50% of the fortune 500 giants during the year

How Tesla weathered global supply chain issues that knocked rivals

San Francisco (Reuters) -Tesla Inc's ability to design components in-house gave the automaker agility in making tweaks to parts and coping with supply chain issues that hit other automakers much harder, sources and experts said.

Fearing the axe in 2022: Top CEOs sweat supply chain more than Covid

Big bosses are always worried about losing their jobs, especially at public companies, where the potential for a sudden adios comes with the cushy chair

Digital supply chain financier Veefin raises $3 mn in Series A funding

The Series A funding will be used to build product and engineering teams to enhance SCF technology based on the market's evolving dynamics, said Veefin.