News (3590)
Supply Chains Should Embrace Technology
Supply chains will need to embrace digitization and other technologies in order to grow the logistics sector, reports Financial Express.
As disruption becomes the new normal in the wake of the global COVID-19 pandemic, leveraging the potential of technology and digitalization will be central to driving the growth of the logistics sector.
Read more...Companies See Value in AI in Supply Chain
Despite managers viewing artificial intelligence as a tool that could be helpful in their companies supply chain, only 25% actually use artificial intelligence in their chains.
A high percentage (43%) of senior decision-makers at mid-market discrete manufacturers identified artificial intelligence (AI) among technologies likely to have the greatest impact on supply chains over the next three years, according to a study by Delaware, a technology solutions company.
Read more...Radio Frequency Helps Track Vaccine
RFID is playing a part in the fight against Covid-19, reports Supply Chain Dive.
Radio-frequency identification (RFID) technology made a comeback in recent years, in retail, airline logistics and baggage tracking and in healthcare.
Read more...GS1 US Now Offers Standard Color and Size Codes
GS1 US now manages and maintains the GS1 US Color and Size Codes, a database that allows suppliers, manufacturers and retailers to codify product color and size, enabling more consistent and efficient data exchange in retail. Formerly managed by the National Retail Federation (NRF), the color and size codes are available electronically for either a $250 one-time purchase from GS1 US or via three GS1 US Solution Partners: OpenText, InterTrade and SPS Commerce.
Read more...New Collaboration Bring Blockchain to Seafood Supply
According to ARC, there is a new collaboration between IBM and a Norwegian Seafood company to bring blockchain technology to the seafood industry.
IBM and Sjømatbedriftene, the Norwegian Seafood Association, announced a new cross-industry collaboration to use blockchain technology to share supply chain data throughout Norway's seafood industry to provide safer, better seafood to consumers worldwide.
Read more...Pandemic Spurs Change to Touchless
The global pandemic is accelerating companies' plans to incorporate touchless technology, reports Warc.
The coronavirus pandemic is forcing a reappraisal of much of the technology we use in public spaces and is also accelerating automation efforts in logistics and the supply chain; a recent report predicts the market for next-generation logistics systems in Japan is set to more than double to ¥651 billion from 2018 to 2025.
Read more...Blockchain Moves in the Wine Industry
Blockchain is being used in the wine supply chain to prevent fraud, reports Coin Telegraph.
Tampering, theft and counterfeiting have caused the wine industry millions of dollars in lost revenue. Symbol, an enterprise-friendly blockchain project from the NEM ecosystem is now providing blockchain technology amid further frauds in wine productions, according to a blog post published by NEM on July 4.
Read more...Supply Chains Steamline with GeoSpatial Data
According to GeoSpatial World, companies are seeking to improve their supply chains by using geospatial and digital tools.
The recent outbreak of coronavirus pandemic has affected the business world in many ways. Global and local supply chains have proven to be very weak and unprepared for this kind of situation. That includes food supply chains as well.
Read more...Self Driving Tech Heads to Amazon
According to Supply Chain, Amazon is investing in self driving startup Zoox.
The full cost of the purchase price is unlikely to be revealed by Amazon or Zoox, with the deal to be announced today.
Read more...Will the Supply Chain Continue to Flex?
The first half of 2020 saw companies either closing or finding their products in high demand, and supply chains have shifted to accommodate these changes, but can the supply chain continue to flex with these changes, reports CMS Wire.
The economic roller coaster of the first half of the year left many businesses slowing down or shuttering completely, while others found their products suddenly in high demand.
Read more...
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