Iran’s Strait of Hormuz tactics face legal and practical hurdles to establishing a toll regime
Iran may be able to disrupt shipping through the Strait of Hormuz, but turning that disruption into a lasting toll regime is another matter entirely. The renewed confrontation between Tehran, Washington and Jerusalem has once again placed the world’s most sensitive maritime chokepoint under strain.…
South Korea’s Ministry of SMEs and Startups has launched a demonstration project for multi-AI agents aimed at small manufacturers, beginning with a meeting at a food production site in North Chungcheong Province to discuss how the technology could be applied on the factory floor. According…
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Ivalua leads in Forrester’s latest AP invoice automation evaluation with innovative supplier portal
Ivalua has been named a leader in Forrester’s latest evaluation of accounts payable invoice automation software, a recognition that comes as finance teams face mounting pressure from e-invoicing rules, prompt-payment requirements and tighter controls around fraud and compliance. The Forrester Wave for AP invoice automation, published in the second quarter…
Amazon Business is making a stronger push into Australia’s procurement market after a first year that it says has exposed how much room there is for digitising business purchasing. Lena Zak, Amazon Business Australia country manager, said the platform entered the market in June 2025…
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UK government unveils new Supply Chain Centre to bolster resilience amid global disruptions
The Department for Business and Trade has set out plans for a new Supply Chain Centre, positioning it as a government hub designed to help the UK navigate mounting disruptions and secure the materials its economy depends on. In a mission statement and 14-point action plan, the department said the…
Procurement has long been one of the corporate functions most weighed down by manual work. Teams still spend too much time moving between spreadsheets, email chains, fragmented supplier records and late-stage contract checks, leaving less room for commercial judgement and long-term sourcing strategy. That is…
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View AllReal-time data transforms FMCG trade promotions from costly guesswork to strategic advantage
Many fast-moving consumer goods manufacturers still treat trade promotions as a blunt instrument, even though they sit just behind cost of goods sold as one of the biggest drains on profit. According to Bizcommunity, trade promotion spend can account for between 11% and 27% of gross revenue for typical FMCG…
Container Corporation of India Limited, better known as CONCOR, has stepped up talks with CMA CGM as the Indian logistics group looks to widen its international partnerships and sharpen its integrated supply-chain offering. According to the company’s statement, CONCOR chairman and managing director Sanjay Swarup…

