Verusen lands $25M in fresh capital to expand its supply chain analytics platform

Did you miss a session from the Future of Work Summit? Managing supply chains was challenging before the pandemic, but the health crises headwinds ramped up the pressure. In a 2021 survey from the Institute for Supply Management, 42% of organizations said that increased cost to supply management due to the pandemic was one of their top concerns. A separate poll from BluJay found that outdated IT systems have become a growing barrier to supply chain innovation. One of the major blockers that organizations face when it comes to the supply chain is reconciling -- and analyzing -- information from an array of different sources. Data including images, paperwork, recordings of customer calls, and raw sensor readings are often spread across disparate systems, apps, and services that don't communicate with each other.