BEST Inc., a leading supply chain solutions and logistics services provider in China and Southeast Asia, has announced that the independent special committee formed to evaluate a non-binding proposal letter has retained Kroll, LLC as its financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP as its U.S.

Mike Koehne, Chair of the Indiana Soybean Alliance, recently promoted the benefits of U.S. soybeans at the U.S. Soy Buyers Outlook Conference in Japan and Korea. Koehne spoke on a panel about harvest expectations, soybean quality, sustainability, and the benefits of soy protein. He emphasized the importance of

Vietnam is implementing a plan to construct or upgrade airports in an effort to boost tourism and trade. The country aims to attract more tourists by improving infrastructure and offering self-service options at airports. The plan is part of a broader strategy to increase economic growth and development. However, this

The rise in popularity of generic drugs in the U.S. has led to significant cost savings for the healthcare system and increased access to care for many Americans. However, the prices of generic drugs have fallen so low that major manufacturers have declared bankruptcy and production of hundreds of

Freight diversification in international shipping is crucial for minimizing risks and ensuring a resilient supply chain. Companies are increasingly using multiple freight forwarding partners to spread their goods across different shipping methods and origins. This helps manage higher volumes and mitigate disruptions with one forwarder. The motivation for diversification is

NHS Highland has opened a new operating base in Inverness for its Procurement and Supply Chain service. The base, called Ronach House, will provide office space for the procurement, transport, and business support teams, as well as a warehouse facility for NHS Highland supplies. The new site aims to create

Syncron, a global leader in intelligent service lifecycle management (SLM) SaaS solutions for the manufacturing industry, has partnered with SnapLogic to provide best-in-class integration capabilities to customers. The partnership aims to enhance customer experiences, reduce implementation timelines, and improve returns on investment. By leveraging SnapLogic's capabilities, Syncron can

Phihong Technology, a major power supply company, discussed its transition towards high wattage chargers during its quarterly earnings call. The company's general manager, Allan Lin, stated that demand for these chargers is expected to increase significantly by 2024. Meanwhile, subscribers have the option to save their log-in information

Procurement & Supply Chain LIVE 2023 brought together industry experts to discuss supply chain sustainability. One notable discussion was on the implementation of shadow carbon pricing and carbon impact modeling. The speakers emphasized the importance of data and the Internet of Things in monitoring vehicle emissions and optimizing sustainability initiatives.

North Korean hacking group Diamond Sleet has been found distributing a trojanized version of a legitimate application developed by Taiwanese company CyberLink. The malware is being spread through a supply chain attack, impacting over 100 devices across Japan, Taiwan, Canada, and the US. The second-stage payload establishes connections with command-and-control

Vintage Wine Estates Inc. has appointed Farzana Shubarna as the new Vice President of Operations as part of its turnaround plan. Shubarna, a veteran in global consumer goods production, will focus on improving efficiency and performance at key production facilities. Vintage Wine Estates has been undergoing a reorganization and simplification

Industry sources believe that the upcoming AMD MI300 GPU could provide competition for Nvidia in the AI sector, potentially reducing Nvidia's dominance. Additionally, subscribers have the option to save their login details for convenience when accessing a site. Activating this function saves the password on the user'

US companies, including Amazon, Apple, Intel, and Tesla, are showing great interest in the upcoming China International Supply Chain Expo. Despite tensions and calls for supply chain "decoupling" from the US, the expo aims to showcase China's manufacturing chain and establish itself as a platform for