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NFTs in the Supply Chain

If you’ve heard about NFTs it's most likely only in the context of art, but NFTs can play an important role in the supply chain, reports Mondaq.

What do teen digital artists, Tom Brady, Doja Cat, and Foley & Lardner LLP all have in common?  They are all trending in popularity for their use of NFTs.

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Gadgets Will Be Hard to Come By This Christmas

Supply chain problems are going to make it hard for people to find the latest gadgets to give for Christmas, reports Reuters. 

Shoppers could be looking at an expensive Christmas as supply chain snafus force companies to make and deliver their latest higher margin electronic gadgets to market faster, leaving fewer cheaper options to put under the tree

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Cloud Helps Supply Chains Expand

Supply chains are now able to scale much faster thanks to the cloud, reports Supply Chain Dive. 

Cloud is still a buzzword, and for good reason: It’s changing the way all businesses, but especially supply chain management, work.

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Australia Releases Supply Chain Cyber Security Guidelines

Australia’s government has released guidance to help organizations keep their supply chains safe from cyber attacks, reports ZD Net. 

The federal government has released a new set of voluntary principles aimed at providing guidance to organisations in how they protect critical technologies from cyber attacks. 

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Will Artificial Intelligence Save the Supply Chain

According to Fobes, artificial intelligence might be the cure for supply chain issues. 

The issue facing the world today is not simply “THE supply chain,” the issue is that nearly every single link in the supply chain is compromised. 

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Combating Supply Chain Challenges

According to Supply Chain Digital, some companies are working to combat the recent supply chain challenges.

Massive stress across the global supply chain has created an urgent need for innovation within the mobility industry. Online retail sales surged from $598 billion in 2019 to over $791 billion in 2020, creating revolving shortages, delivery delays, and a spike in transportation costs. 

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Supply Chain Faces Cyber Threat

Cyber criminals are targeting supply chains in their latest wave of attacks, reports Fox Business.

Against a backdrop of extreme volatility in the supply chain of goods, cyber criminals on the dark web have been peddling sensitive information that can provide access to supply chain companies’ computers, according to a report from cyber intelligence firm Intel 471.

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Blockchain Could Help Pharm Supply Chain

Could blockchain be the answer to the supply chain issues facing the pharmacy industry, reports Pharmacy Times. 

Blockchain offers a number of potential solutions to supply chain issues currently facing the medical industry.

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Apple Weathers Chip Shortage

Apple may be out of danger regarding the semiconductor chip shortage, but without overhaul to the supply chain many more companies could fail, reports CNBC.

The semiconductor chip shortage is old news, but when the second-largest public company in the history of the U.S. stock market says it just left $6 billion in potential sales on the table as a result of limited chip supply — as Apple just did — it reinforces why the U.S. economy needs to rethink how it sources its semiconducting technology so that doesn’t happen again.

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AI Could Be Answer to Supply Chain Problems

According to Technology Review, artificial intelligence could solve the supply chain problems. 

With the supply-chain disruptions of the past two years showing no signs of easing anytime soon, businesses are turning to a new generation of AI-powered simulations called digital twins to help them get goods and services to customers on time

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