Page 15 - Supply Chain

Walmart cuts 200 corporate jobs as weak demand, bloated inventory weigh

Walmart will also add an unspecified number of jobs in areas such as e-commerce, health and wellness, ad sales and supply chain

Supply chain, margin woes for Siemens, but strong order flow a positive

Global headwinds may weigh on the sector and company's prospects; strong order flow is a positive though

World's food supply faces new threat after India's rice crop falters

The threat to India's rice production comes at a time when countries are grappling with soaring food costs and rampant inflation

Hero MotoCorp selects Accenture to enhance supply chain, reduce costs

Accenture will use its zero-based supply chain approach to facilitate Hero MotoCorp's cost optimisation efforts

Start-ups collaborate with chemists, shake up offline pharma business

Some are managing supply-chain backend for retail pharmacies, right from stockist to chemist, others are offering telemedicine kiosks at chemist outlets, and digitising pharmacies

Poor financials, broken supply chain, DGCA's flawed tech base ails aviation

Poor financials of the airlines, broken supply chain and lack of technical efficiency in DGCA are some of the major reasons behind the rising number of instances involving technical glitches in planes

Ukraine, Russia sign deal to reopen grain export ports as war rages on

The blockade by Russia's Black Sea fleet has worsened global supply chain disruptions

India adopts US' joint statement on cooperation of global supply chains

On behalf of partner economies including India, US State Department on Wednesday released a Joint Statement of the 2022 Supply Chain Ministerial Forum, focussing on the global challenges

Indian phonemakers served notices by Customs, get Rs 20,000 cr tax bill

Before September 2020, there was no import duty on such panels, but from October 1, 2020, an import duty of 10% is levied under the Centre's phased manufacturing programme

Supply chains inching back to normal brace for headwinds of softer demand

Citi cautioned against declaring an 'all clear' on the supply front

China's supply chain irreplaceable despite India, Vietnam appearing on map

DBG Technology Co is a contract manufacturer for major Chinese smartphone brands including Xiaomi, Honor and Huawei Technologies Co, reports South China Morning Post

TVS Supply Chain Solutions appoints Tarun Khanna as independent director

TVS Supply Chain Solutions, part of the TVS Mobility Group on Thursday said Tarun Khanna as been appointed as an independent director to its Board. With the appointment of Khanna, the strength of the city-based company's Board grew to 11 of which four were independent directors. "I am delighted to welcome Tarun to our Board as we prepare to go public. He brings deep understanding and knowledge of how entrepreneurship and innovation can be harnessed to build companies of global relevance and scale from emerging economies", TVS Supply Chain Solutions Executive Vice Chairman R Dinesh said in a company statement here. "He has been instrumental in shaping our approach to build a differentiated tech-led supply chain business in the early days and now he joins the board to help us scale faster and further, " he said. Khanna serves several profit and not-for-profit Boards in the United States and in the domestic market. "I am happy to join the Board of TVS SCS and be part of a value-led

Supply chain start-up Wheelocity raises $12 mn to expand business

Wheelocity will use the fund to build new products, expand its customer base and improve its fruits and vegetables supply chain

China's supply chain gets hit after US ban on imports from Xinjiang

After finding out that the Chinese products are produced with forced labour, the US imposed a ban on Xinjiang imports, which hit China's supply chain

Supply chain constraints to continue to affect auto sector: Mercedes-Benz

The semiconductor shortage issue and supply chain constraints that have plagued the auto industry are unlikely to be resolved this year, said Mercedes-Benz India MD and CEO Martin Schwenk

When the chips are down: Why vehicle prices in India keep increasing

The primary reason is the supply chain bottlenecks arising due to a shortage of semiconductors

US ban on imports from Xinjiang province disrupts China's supply chain

The United States is rallying its allies against forced labour as it begins implementing an import ban on goods from China's Xinjiang region, where it says Beijing is committing genocide

Shiprocket's logistics volume to grow 40% after Pickrr acquistion: CEO

Shiprocket is acquiring a majority stake in Pickrr for an estimated $200 million in cash, stock and earn-out

Nifty auto index surges 7% in biggest weekly advance in 17 months

The latest gain comes on the back of easing commodity prices and supply chain issues

India should seek deeper integration into EU supply chains: NITI's Bery

"Assuming a successful conclusion to the trade negotiations, India should seek deeper integration into European supply chains, presenting itself as an alternative to China," he said.