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What brands can do to digtise their channel growth story
Sanjay Kumar Kalirona •A branded website is the core of any digitally successful business
US inflation at new 40-year high as consumer prices increase
•Friday's report underscored fears that inflation is spreading well beyond energy and goods whose prices are being driven up by clogged supply chains and Russia's invasion of Ukraine
US grocery stores have empty shelves amid Omicron threat and bad winter storms
•Shortages have been a recurring feature of the COVID-19 pandemic in the United States
Joe Biden vows to modernise US ports, airports, freight rail to end supply chain woes
•The US president made this statement while speaking in Baltimore. He explained how the pandemic has hit supply chains, causing prices to rise and delay in shipments
Toyota Kirloskar Motor says working with dealer partners to re-stimulate demand; digitalises sales process
•Toyota Kirloskar Motor said the restart of the entire value chain and its restoration will be gradual, as the industry is facing varied challenges
Pandemic throws global economy into deeper decline; govts, central banks around world unleash fiscal support to tide over crisis
•Separate data on Thursday showed South Korea’s trade-reliant economy, Asia’s fourth-largest, shrank at its fastest pace since 2008 as self-containment measures kept shops closed and slumping global demand hurt exports.
Apple supplier Foxconn to resume normal production in China end of March: Report
•Over half of Foxconn's seasonal workforce in the country had restarted work following the coronavirus outbreak, according to a report
India to woo foreign firms like Apple, Foxconn and other to capitalise on US-China trade war: Report
•The trade war between the US and China, the world’s two largest economies, has led to higher tariffs on goods worth billions of dollars
CBIC clarifies on levy of GST on sales promotion schemes; taxes to be paid on price recovered from customer
•Under the GST law, supply includes all forms of supply of goods or services including sale, transfer, lease or disposal made or agreed to be made for a consideration in course of furtherance of business.
No Indian company in Gartner's Top 10 Asia Pacific supply chain list
Pressrelease •Gartner said it was encouraging to see companies had dramatically improved their position on the global ranking compared to last year, and that Samsung and Lenovo made the Top 25 Global Supply Chains list.