Beauty brands are turning to RFID technology to improve supply chains and combat counterfeiting. RFID technology uses radio waves to communicate with microchips, allowing real-time inventory control and traceability throughout the supply chain. This can help brands have a real-time view of products, protect against counterfeiting, and enhance sustainability claims.

MSC Industrial Supply Co. has announced a 5% increase in their cash dividend per share. The dividend of $0.83 will be payable on November 28, 2023, to shareholders of record on November 14, 2023. MSC Industrial is a leading distributor of metalworking and maintenance products and services in North

The 10 most affordable cities in India to buy a house, the most visited monuments in India, the pros and cons of investing in value stocks, and investing in small-cap stocks: top 10 tips for absolute beginners are some of the topics covered in this news summary. Other topics include

Mercedes Benz India is facing supply chain challenges that are causing delays in car deliveries, particularly for SUVs, during the festive season. Despite these constraints, the company has delivered 12,768 cars in January-September 2023, reflecting an 11% growth compared to the same period last year. The company has received

China's Taiwan affairs office has accused Taipei of "obstructing" cross-strait economic cooperation after the ruling Democratic Progressive Party (DPP) said it would investigate four Taiwanese firms that were reportedly helping Huawei in chip production. The office spokesperson stated that the firms mentioned were not part of

China has stopped exporting germanium and gallium, essential materials for making semiconductors, just one month after announcing it would curb exports. The move is seen as a warning that China has a powerful weapon in the escalating trade war over tech. China enjoys a monopoly on the production of the

A new report by the Center for Advanced Defense Studies (C4ADS) reveals that hundreds of major U.S. companies may unknowingly be using gold mined using forced labor of Uyghurs in China's Xinjiang region. The report also highlights that financial firms like Vanguard and JPMorgan Chase are investing

The U.S. Space Force is seeking to strengthen ties with foreign allies to secure outer space through global cooperation. The Space Force is working to advance collaboration with allies in development and acquisition programs, acknowledging the investments and innovations being made by other countries. Steve Butow of the Pentagon&

RELEX Solutions, a provider of supply chain and retail planning solutions, has been selected by US Foods CHEF'STORE to unify their forecast and replenishment, space planning, and promotion planning and optimization solutions. This partnership will enable CHEF'STORE to achieve greater supply chain efficiency and improve the

The Delaware Manufacturing Extension Partnership (DEMEP) and Delaware Technical Community College have launched an online software program called CONNEX™ Delaware. The platform aims to strengthen Delaware's local manufacturing supply chain by helping manufacturers connect with each other, find local suppliers, identify new business opportunities, and manage their supply

GAINS, a cloud-based supply chain optimization solutions provider, has announced that Amber Salley, former senior research director at Gartner, has joined as Vice President of Industry Solutions. Salley will help companies enhance their supply chains with the GAINS Performance Optimization Platform. GAINS is known for its successful implementation and focus

Global shipping company CMA CGM Group has announced a $600 million investment in New York and New Jersey Terminals, aimed at increasing capacity by 80% and creating 1,000 union jobs. The company also plans to accelerate the decarbonization of Port Liberty with the support of the State of New

Washington state is aiming to lead the development of offshore wind technology and create manufacturing jobs through its Blue Wind Supply Chain Collaborative. With over 52,000 MW of capacity planned in offshore wind projects in the US alone, forecasts estimate that offshore wind could generate between 380-394 GW of

The FAR Council has released an Interim Rule implementing the Federal Acquisition Supply Chain Security Act (FASCSA), which requires contractors to exclude certain products and services from the U.S. Government supply chain. The rule will be effective from December 4, 2023 and includes new FAR clauses that must be

Reports from The Outlaw Ocean Project reveal widespread forced labor in China's seafood industry, including modern slavery on illegal fishing fleets. Uyghurs and North Koreans are employed in processing plants, with seafood products ending up in American schools, military bases, and restaurants. The U.S. has laws prohibiting

Walmart's Spark delivery network has seen significant growth, with the number of third-party drivers using the service tripling in the past year, covering 84% of US households. However, a report suggests that Walmart is struggling to efficiently handle the influx of orders, leading to longer wait times for

Adobe has unveiled Adobe GenStudio, a new solution that combines applications across Creative Cloud, Express, and Experience Cloud with Firefly generative AI. This end-to-end solution aims to help brands meet the growing demand for content by offering powerful customization features and APIs that ensure content is on-brand and scalable. GenStudio

American Battery Technology Company (ABTC) has started operations at its lithium-ion battery recycling facility in Nevada. The facility utilizes a unique battery recycling system that allows for the efficient separation, recovery, and purification of battery-grade metals with less environmental impact and greater cost efficiencies. ABTC's commercial facility has

Wyatt Ball, client success manager at Land to Market, discusses the mission of his organization to transform approaches to regenerative agriculture. Land to Market connects private companies and farmers through membership agreements to promote positive improvements to land health. The organization uses ecological outcome verification to monitor land bases and

Wholesale prices of US goods and services rose for the third consecutive month, according to data from the Bureau of Labor Statistics. The Producer Price Index showed a 2.2% increase for the 12 months ended in September, driven by higher energy and food prices. Economists had predicted a lower

The future of US industrial growth lies in biotechnology as a new pillar of domestic manufacturing. Traditional centralized manufacturing is prone to disruption and limited in innovation. Implementing the BioNETWORK, a distributed biomanufacturing platform, will fulfill executive orders and policy goals. This will enhance the bioeconomy, create new products, and