Tag: Supply
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Trump orders review of wood supply chain
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. President Donald Trump on Saturday ordered a broad review of the wood supply chain, arguing that bolstering domestic production is vital for national security. The president signed two executive orders focused on lumber, timber and their derivative…
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Motion Acquires Thompson Industrial Supply
Motion Industries has announced another acquisition. Motion is acquiring Thompson Industrial Supply of Rancho Cucamonga, Calif., after announcing the purchase of Canadian-based LSI Supply in August and M.B. McKee Company of Texas in January. According to the company: Motion, a distributor of maintenance, repair and operation replacement parts, and a provider of industrial technology, signed a definitive purchase…
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How California wildfires are affecting supply chains
Supply chain impacts from the Southern California wildfires have been minimal, according to logistics experts. However, several experts noted challenges could come later once people begin to rebuild infrastructure and homes. The wildfires in Southern California wiped out several neighborhoods, closed streets and highways and upended the lives of many residents in Altadena, Lake Hughes,…
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Magaya Launches Connect to Boost Supply Chain Collaboration
Magaya Corporation, the leading freight management platform for logistics service providers (LSPs), is proud to announce the launch of Magaya Connect, the fully integrated evolution of its recent acquisition, Omniboom. As a powerful Integration Platform as a Service (iPaaS) solution, Magaya Connect empowers LSPs to achieve seamless connectivity, streamline operations, and strengthen collaboration across the…
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James Beckett Joins Peak Group as SVP, Supply Chain & Procurement
The Peak Group of Companies is pleased to announce that James Beckett, a dynamic executive with extensive experience in leading executive teams, merchandising and marketing strategy, planning, product development, private brands, global procurement, and inventory management, for several multi-billion–dollar retailers, will join Peak as Senior Vice President, Supply Chain & Global Procurement, effective March 3,…
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BETK Streamlines Prefab Supply Chains with Data
The construction industry is notorious for its complex supply chains and inefficiencies. But what if there was a way to make the entire process more transparent, efficient, and error-free? Enter BETK, a trailblazing Finnish project that aims to digitize the concrete element delivery chain. I talked with Teemu Alaluusua, the BETK project manager, who explained…
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Webinar: Learn The Three Ways Skanska Tackled Supply Chain Volatility
Are you grappling with the complexities of supply chain management? If so, join this hands-on webinar on Tuesday, March 19, at noon ET. Supply chain volatility will continue to be a concern, with extended lead times causing major project delays and posing a significant challenge for construction companies and owners alike. Rob Cantando, Director of…
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DigiBuild Raises $4M Seed Round to Fix Construction Supply Chains
Construction is one of the largest and oldest markets in the world. Projects involve many stakeholders that bear significant costs and risks. McKinsey estimates that the average construction project is 80% over budget and 20 months behind schedule. Supply chain and material management issues are the number one reason for that failure. Moreover, according to…
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Data Gumbo and Atlas RFID Automating Construction Supply Chain Contracts with RFID and Blockchain
Data Gumbo, the trusted industrial blockchain network, today announced a partnership with Atlas RFID, provider of the Jovix® Material Readiness® software solution. The collaboration brings automated, touchless transactions and unparalleled visibility to the heavy industrial construction sector for commercial contracts. Two joint implementations are currently underway with a national oil company (NOC): tracking hundreds-of-millions of dollars in chemicals and…