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Bringing AI to the Supply Chain

According to Freight Waves, the Massachusetts Institute of Technology(MIT) and JDA software are working together to bring machine learning and artificial intelligence to the supply chain.

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New Platform Wants to Streamline Communication

K+N and GT Nexus have partnered to launch a supply chain management platform, reports PYMNTS.com. The platform will connect connect all of the supply chain partners, including buyers, sellers, global shippers and logistics companies to facilitate the exchange of information.

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Port Uses Software to Improve Supply Chain

The Port of Long Beach will use ‘Port Optimiser’ by GE to improve operations. The software, which is cloud-based software that provides real time data-driven insights for supply chain stakeholders.

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Increasing Procurement Visibility

Transparency is lacking in the supply chain, reports Supply Chain Dive. An overwhelming majority of procurement officers report not having visibility past their tier one suppliers. Technology such as blockchain can be used to increase that visibility.

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Keeping Counterfeit Auto Parts out of the Marketplace

According to Digital Supply Chain, Honeywell wants to make sure counterfeit auto parts don’t enter the marketplace, reports Digital Supply Chain. So its partnered with automotive aftermarket provider TecAlliance and they are working to the oneIDentity+ service platform. This platform will authenticate and track individual components for major auto parts manufacturers.

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Blockchain To Stop Fish Fraud

Seafood Fraud is rampant in the restaurant industry, reports FoodDive. A report by Oceana found that 20% of seafood is mislabeled, but now Blockchain technology could reduce that number.

 

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Walmart Seeks to Eliminate Spoiled Produce

According to FoodDive, Walmart has new technology to ensure only fresh produce makes it to their stores. The technology, called Eden, is  designed to inspect fruits and vegetables for defects and predict the exact date of spoilage.

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KFC Illustrates the Importance of Logistics

Kentucky Fried Chicken’s (KFC) U.K. chicken disaster highlights how large a part logistics play in a business success or failure, reports Forbes. KFC is blaming a broken logistics system for the debacle which caused shortages of chicken to two-thirds of its U.K. stores.

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Revolution Coming to the Supply Chain

According to Forbes, augmented reality (AR) and virtual reality (VR) are poised to revolutionize the supply chain. For example AR can be used in the warehouse to make picking faster and less prone to error.  

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Warehouses Changing Tech

Warehouses are no longer just buildings to store goods, reports Supply Chain Dive. Instead warehouses are becoming distribution and fulfillment centers with speed of product movement the top priority. To that end warehouses are changing the technology that they use.

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