Data

The acquisition train keeps rolling on for Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings. The company recently announced it has acquired Rockville, Md.-based OCR Services Inc, a provider of global trade compliance solutions and content, for roughly $90 million. This represents the 30th acquisition Descartes has made going back to 2015.

A new report highlights how retailers are losing money due to in-store inefficiencies, and how many are leaning on AI to get back on track.

Minneapolis, Minn.-based global third-party logistics (3PL) services provider and freight forwarder C.H. Robinson said today it has rolled out a new technology offering focused on touchless appointments, which it said “creates a major efficiency in freight shipping.”

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Today the lifeblood of business is data. How companies leverage data is what separates leaders from laggards.

Saying just “data” does not really come close to presenting how replete this report’s findings are, with Convoy explaining it includes data from millions of pickups and deliveries, with more than 1,000 unique data points collected on each shipment and more than 50 terabytes of freight data.

Logistyx President Ken Fleming takes a deep dive into the three phases of supply chain disruption: Reaction, Recovery, and Preparation and shares how companies can emerge from COVID-19 smarter, stronger, and ready to successfully navigate unforeseen challenges ahead.

Looking ahead to the future can be scary but it can also be exciting, too. When it comes to the supply chain, though, it falls into the latter category, especially when looking at the 2020 predictions for the supply chain, which were issued this week by Framingham, Mass.-based market research and consulting firm IDC.