According to CNBC, industry experts, such as Tradeshift feel that blockchain isn’t ready to fully support the global supply chain.
Grocery retailers are turning to Artificial Intelligence (AI) in their supply chain, reports the Progressive Grocer. A recent survey by EnsembleIQ found that 1 in 3 grocers have already included AI in their supply chains in some way.
According to Just-Style, an Italian textile firm has patented supply chain technology. Cifra has internationally patented its Warp Knit Seamless Supply Chain Technology.
Food waste is projected to be a $1.5 trillion problem by 2050, but improving the supply chain can help, reports Supply Chain Dive. Making improvements to supply chain infrastructure and efficiency could reduce the amount of food wasted by $270 billion.