The primary function of a supply chain is to facilitate exchange between a buyer and a seller to transform resources into a valuable product for the final customer. Demand for a product originates from the final customer at the top … Read More
Logistics
How Artificial Intelligence in Supply Chain Planning Is Changing Retail and Manufacturing
Artificial Intelligence (AI) is playing a significant role in supply chain planning. From predicting consumer demand to scanning the shelves for real-time inventory levels, AI is automating mundane processes and improving the efficiency of the supply chain. Robots are being … Read More
How to Implement Blockchain Technology in the Supply Chain?
A Step-by-Step Guide for Supply Chain Managers If you have made the decision to adopt blockchain technology in your supply chain operations, but you aren’t sure where to start, this article is right for you. Choosing to use blockchain technology … Read More
The Applications of Blockchain in Retail Supply Chains
Blockchain is amongst one of the most promising emerging technologies of our time. In the retail industry, blockchain technology addresses a number of challenges that retailers currently face; it can be used in the retail supply chain to verify the … Read More
Supply Chain Traceability Transforming Jewelry Industry with Ethically-Sourced Diamonds
TrustChain is a collaborative effort to provide better supply chain transparency surrounding the sourcing of diamonds and other precious metals. The initiative, which is powered by IBM’s blockchain technology, will “track and authenticate diamonds, precious metals, and jewelry at all … Read More
How Supply Chain Traceability Could Have Contained the Spread of E. coli in Romaine Lettuce
Earlier this year, the US Center for Disease Control (CDC) released a press statement warning consumers that E. coli had contaminated Romaine Lettuce grown in the Yuma, Arizona agricultural region. However, before the contamination was noticed, the lettuce containing traces … Read More
Will Blockchain and Food Traceability Make Food Safer to Eat?
47.8 Million Cases of Foodborne Illness to be Solved by Technology The CDC estimates that 47.8 million cases of foodborne illness occur each year. Food traceability systems, powered by blockchain technology, offer a promising solution. What is Food Traceability? Food … Read More
Walmart Will Use Blockchain to Ensure Safe Food Products
The world’s largest discount-retail giant, Walmart, is unleashing efforts to implement a blockchain based system. Powered by the IBM Blockchain, the Walmart Blockchain will effectively trace the origin of live food products, including meats, fruits, and vegetables, by allying with … Read More
Top Three Supply Chain and Logistics Trends to Watch in 2019
In the era of globalization, the supply chain has grown more complex, and new technologies are being developed to facilitate global trade. Here are the top three trends that supply chain and logistics managers will need to be aware of … Read More
Why Blockchain Will Transform The Supply Chain And Logistics Industry
What is Blockchain Technology? The use of Blockchain Technology became mainstream with the emergence of Bitcoin, followed by several other cryptocurrencies. The blockchain is the framework behind Bitcoin that records transactions securely and transparently. Transactions are tamper-proof due to the … Read More