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New Technologies for Supply Chains

2021 could see several new supply chain technologies come into wide use, reports Strategic Sourceror.

The new year is well underway and many businesses within the supply chain are trying to set themselves up for success in the months ahead. After a 2020 that was filled with ups and downs, to say the least, some firms may now feel as though they're in a better position to make strategic investments in technology that allow them to take an all-important next step.

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Retailers Lagging On Supply Chain Tech

According to Chain Store Age, a new survey reveals that a majority of retailers have yet to implement technology solutions to improve their supply chain. 

New data indicates most retailers have not yet implemented solutions and processes to maximize their usage of supply chain data.

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HashCash Starts Diamond Supply Chain

According to Yahoo Finance, HashCash is starting its own global diamond supply chain. 

HashCash Consultants collaborates with a renowned global US-based diamond supply chain company to help them launch their ICO. The company aims to reshape the global diamond supply chain with consortium lending and traceability.

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PayJunction Now Has Digital Invoice Function

PayJunction now offers a digital invoice function, reports Pymnts.

Payment processing technology developer PayJunction has rolled out a digital invoice function for companies that harness its virtual terminal offering. 

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Apex to Offer Contactless Pickup Solution

According to Fast Casual, Apex Supply Chain Technologies will offer a new product, the Apex Order Pickup Solution, for retail and food service companies.

Apex Supply Chain Technologies Inc. has announced a new company, Apex Order Pickup Solutions, that will offer contactless order pickup solutions for the foodservice and retail industries, according to a press release.

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Japan Looks to Move Supply Chain

Japan’s major companies are looking to switch their supply chains from China, reports Gizmochina.

China has immense control in the technology world given that it is a necessary piece in the puzzle when it comes to supply chain and manufacturing. 

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Hack Highlights Supply Chain Flaws

According to NextGov, the recently discovered government hack shows that there needs to be greater supply chain security. 

Hackers’ resounding success penetrating a third party to access targeted government and private-sector organizations by using malware that had never been seen before should prompt a comprehensive examination of supply chain security, according to the chief technology officer of a major cybersecurity contractor.  

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Blockchain Can Prevent Food Fraud

According to the Regulatory Review, blockchain technology could help prevent fraud in food supply chain.

When a family in the United States eats a piece of fish for dinner, they could be eating seafood caught near Fiji by a Chinese vessel, shipped to a packing plant in Thailand, and sold to a distributor in Mexico before it ever reached a U.S. wholesaler and finally a supermarket chain in Chicago

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Richpanel brings Amazon-style customer service experience to all ecommerce businesses around the world

Richpanel, a revolutionary customer service platform for the ecommerce industry, has raised an undisclosed investment as part of Sequoia Capital India’s Surge with the aim to eliminate customer service tickets with an “Amazon-like” customer account section.

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Retail Finds Some Joy in Holiday Supply Chain

According to Chain Store Age, a new survey shows some optimism by retail executives regarding the state of their supply chains. 

A Google Cloud survey of global retail executives reveals some holiday optimism in the face of COVID-19-related enterprise challenges.

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