According to Supply Chain Dive, companies still use Excel spreadsheets as part of the their supply chain management tool. A survey by Adelante finds that 68 percent of companies still use Excel for supply chain management.
UPS applied for a patent on its supply chain innovation, reports Supply Chain Dive. Their patent covers blockchain technology to plan package routes and track them globally, as they are handled by multiple carriers
According to Modern Materials Handling, BluJay Solutions and Adelante SCM released a study that finds that compares supply chain management innovation, customer experience, technology adoption, and company performance.
The cloud is the most important tool in the supply chain, reports Logistics Management. Experts agree that cloud is central to optimizing supply chain performance on a broad scale.