As the cost of internet of things sensors declines more businesses will use them in their supply chain operations, reports Supply Chain Dive. 

Forrester Research released a report last year predicting two areas — track-and-trace and inventory and supply chain management — would experience the largest spending growth on IoT between 2017 and 2023. 

Ralph Lauren will now track its products digitally through the supply chain, reports Supply Chain Dive. 

Ralph Lauren says it is the first global retail brand to apply this type of technology at scale. 

Volvo is working with its battery manufacturers to ensure that its cobalt supply chain is ethically sourced, reports Yahoo Finance. 

Swedish car manufacturer Volvo has announced that it will be leveraging blockchain technology to improve traceability of the cobalt used in the company’s car batteries.