The Supply Chain Matters blog features our November 21, 2019 Edition of This Week in Supply Chain Management Tech, a brief synopsis of noteworthy supply chain management focused technology news which we believe would be of specific interest to our global-based blog readership.
Included in this edition are highlights related to noteworthy announcements and/or developments related to:
Flipkart and Shadowfax
Shadowfax Announces $60 Million Financing Round Led by Flipkart
India’s leading e-commerce marketplace, Flipkart announced a strategic minority investment in Shadowfax, an India based cross-category, full- stack logistics technology platform provider. The investment is part of a $60 million Series D funding that Shadowfax has received from Eight Roads Ventures, NGP Capital, Qualcomm Ventures, Mirae Asset Naver Fund and World Bank backed IFC.
The company currently enables seamless delivery of 10 million monthly shipments across diverse segments ranging from hot food, grocery, fashion, electronics and other e-commerce items. Led by a strong founding team, the company has seen a 6-factor growth in the last two years. The technology platform has more than 100,000 registered partners and its unique tech-enabled crowdsourcing platform helps delivery partners maximize their earnings as they work across categories.
Flipkart has an existing partnership with Shadowfax to fulfill logistics requirements across various categories in its e-commerce business. As the company focuses on building a sustainable hyperlocal ecosystem, it is working towards bringing offline Kirana stores into the fold of e-commerce by enabling them to be a part of this offering. Flipkart’s hyperlocal approach aims at placing inventory closer to customers, leveraging the existing investments of space and working capital of local Kirana stores, which in turn can accelerate delivery timelines for consumers.
Through this investment, the company has plans to unlock the opportunities in grocery and fresh produce, powered by Kirana stores and leveraging Shadowfax’s technology and fulfilment capabilities. The funds will further be utilized to enhance the technical capabilities of the platform, recruit talent and increase the number of shipments to more than 100 million a month.
Nulogy Announces Expanded Capabilities for Supporting Regulated Supply Chains
Toronto based Nulogy, a provider of an agile B2B supply chain platform connecting extended suppliers and partners with consumer brands has announced expanded capabilities to help brands and contract suppliers in regulated environments meet compliance requirements, improve product quality, and uphold consumer safety.
The capabilities are designed to support suppliers within healthcare, life sciences and pharmaceutical industry consumer goods environments needing to meet Good Manufacturing Practices (GMP) requirements and validating of systems.
Nulogy customer, Unette Corporation, a New Jersey-based contract filling specialist for the pharmaceutical, life sciences, and cosmetic industries, has closely partnered with Nulogy in its development of validation capabilities such as part 21 CFR Part 11 audit trails, and leverages Nulogy’s technology to maintain their high levels of compliance.
Highlighted capabilities that enable regulatory compliance include:
- Quality control capabilities such as electronic signatures, audit trails, electronic batch records and digital quality checks that enable suppliers in regulated environments to demonstrate compliance;
- Release management capabilities providing users with greater ability to manage software service updates and any related change control or re-validation activities;
- Extended data retention capabilities to assist customers in meeting their document retention requirements;
- Nulogy’s Computer System Validation Guide, designed to reduce the burden of validation efforts, providing valuable documentation related to verification and development activities, as well as compliance to 21 CFR Part 11 and Annex 11.
Note to readers: Nulogy is a prior sponsor of the Supply Chain Matters blog and a current client of the Ferrari Consulting and Research Group.
Imppinj Introduces Two RAIN RFID Tag Chips for Retail, Supply Chain and Aviation Needs
Seattle based Impinj, Inc., a provider and pioneer of RAIN RFID technology, has introduced the Impinj M730 and Impinj M750 integrated circuits (ICs), the first tag chips in the company’s Impinj M700 endpoint IC family. The Impinj M730 and M750 ICs deliver high performance, fast inventory capability, and advanced features for next-generation RAIN RFID tags that can be attached to, or embedded in, nearly any item, and that operate worldwide.
Developed in an advanced semiconductor process node, the Impinj M730 and M750 ICs were designed to deliver increased sensitivity to enable the development of small, universal RAIN RFID tags that can allow retailers to operate their RAIN RFID readers faster than with other tag chips, reducing inventory time and improving productivity. Advanced features further enable new approaches for loss prevention with frictionless self-checkout and embedded tagging with seamless product returns.
Impinj is now taking orders for the Impinj M730 and M750 ICs with expected delivery starting in the first quarter of 2020. New products leveraging the chip technology are expected over the coming months from leading RAIN RFID inlay manufacturers.
This concludes our latest edition of This Week in Supply Chain Management Tech.
An Added Note to Readers– Supply Chain Matters will feature our This Week in Supply Chain Tech highlight series periodically as announcements warrant.
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