Page 21 - Supply Chain
Flipkart strengthens supply chain network, aims to create over 100,000 jobs
This year, Flipkart is creating direct seasonal employment for more than 1,15,000 people of which 15 per cent are women and people with disabilities
 "Flipkart strengthens supply chain network, aims to create over 100,000 jobs")
PharmEasy buys majority stake in healthcare supply chain start-up Aknamed
API's subsidiary PharmEasy, which is planning an IPO, will acquire 975,937 equity share in the company
 "PharmEasy buys majority stake in healthcare supply chain start-up Aknamed")
Biddano raises funding to build India's largest healthcare supply chain
The new funding will enable Biddano to fulfill strong market demand for its supply chain platform by investing in product, engineering and go-to-market teams.
 "Biddano raises funding to build India's largest healthcare supply chain")
Cross-border sourcing tech startup Geniemode raises $2.25 mn seed funding
It is an end-to-end e-commerce platform to make global sourcing more efficient, convenient across fragmented, tech-strapped supply chains in furniture, home furnishing, fashion.
 "Cross-border sourcing tech startup Geniemode raises $2.25 mn seed funding")
One stuck box of fertiliser shows the global supply chain crisis
From the US to Sudan to China, container boxes have been lying at ports, railyards and in warehouses as the pandemic rages on
 "One stuck box of fertiliser shows the global supply chain crisis")
EVs will become inevitable whether you like it or not: NITI's Amitabh Kant
Develop local supply chain base for EVs and parts, reduce import from China
The world economy's supply chain problem keeps getting worse
Manufacturers reeling from shortages of key components and higher raw material and energy costs are being forced into bidding wars to get space on vessels, pushing freight rates to records
 "The world economy's supply chain problem keeps getting worse")
US manufacturing increased in July amidst supply-chain problems
Growth in US manufacturing slowed in July amid ongoing supply-chain problems.
 "US manufacturing increased in July amidst supply-chain problems")
Supply chain tech firm 3SC raises $15 mn to expand across Europe, SE Asia
The company plans to strengthen its existing software as a service (SaaS) and Analytics as a service (AaaS) based SCM solutions through both organic and inorganic routes
 "Supply chain tech firm 3SC raises $15 mn to expand across Europe, SE Asia")
Global supply chains buckle as virus variant and disasters strike
Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, parts and consumer goods
 "Global supply chains buckle as virus variant and disasters strike")
Wipro investing in supply side too as it prioritises capturing growth: CFO
Jatin Dalal cautions Q2 will have elements like pay hikes in September, ongoing Capco consolidation, that could exert pressure on margins
 "Wipro investing in supply side too as it prioritises capturing growth: CFO")
Stellar Value Chain to invest Rs 200 cr in e-grocery supply chain in FY22
Stellar Value Chain plans to invest Rs 200 crore for setting up 25 fulfilment and sort centres pan-India to boost its e-grocery supply chain offerings this fiscal
 "Stellar Value Chain to invest Rs 200 cr in e-grocery supply chain in FY22")
KM Birla won't buy firms with global supply chains, cites protectionism
Aditya Birla Group is spread across 36 countries; its chief has acquired more than 40 companies in the last 25 years.
 "KM Birla won't buy firms with global supply chains, cites protectionism")
Covid-19 vaccine shortages hit global supply initiative, halting rollouts
Out of 80 nations that received jabs through Covax, 40 are on the brink of running out of doses
 "Covid-19 vaccine shortages hit global supply initiative, halting rollouts")
Supply chain ramped, adding alternate sources: HUL is prepared for 3rd wave
The firm has expanded its supply chain capacity by 30 per cent
 "Supply chain ramped, adding alternate sources: HUL is prepared for 3rd wave")
Women now comprise 41% of global supply chain workforce: survey
Every leadership level saw an increase in representation, except the executive level where there has been a slight decline.
 "Women now comprise 41% of global supply chain workforce: survey")
US, China trade war costs global value chains 3-5 years of growth, says UN
Report researching the post-pandemic future of global value chains found that trade within those supply lines shrank in absolute terms.
 "US, China trade war costs global value chains 3-5 years of growth, says UN")
Global supply chain squeeze, soaring costs threaten solar energy boom
The situation suggests slower growth for the zero-emissions solar energy industry at a time world governments are trying to ramp up their efforts to fight climate change
 "Global supply chain squeeze, soaring costs threaten solar energy boom")
Large steel mills grow larger on improved supply-chain efficiencies: Crisil
Market share gain, deleveraging makes room for capex revival
 "Large steel mills grow larger on improved supply-chain efficiencies: Crisil")
Holisol Logistics raises capital from Northern Arc Capital
Holisol, India's leading exchange-to-exchange tech-enabled supply chain solutions company, said it has raised USD 3 million from digital debt platform Northern Arc Capital.
 "Holisol Logistics raises capital from Northern Arc Capital")