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Applying Blockchain in Logistics & Supply Chain Management: 5 Reasons Why Supply Chain Execs Need to Know More

Cerasis

Intermediaries may include financial experts, data analysts, freight auditors, and more. Although it may seem counterintuitive for a third-party logistics provider (3PL), like Cerasis, to trumpet such prospects, the resounding impact will drive greater efficiencies in supply chains. In general, today’s supply chain executives and managers continue using outdated, manual data entry processes, which will increase risk.

10 Ways IoT Can Improve Supply Chains

IQMS

The majority of enterprises are prioritizing their blockchain pilots that concentrate on supply chains improvements (53%) and the Internet of Things (51%) according to Deloitte’s latest blockchain survey. By 2023, blockchain will support the global movement and tracking of $2T of goods and services annually based on a recent Gartner. The Supply Chain Management enterprise software market is growing from $12.2B IoT in Supply Chains.

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Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

RPA as it is also referred to, has the capability to transform supply chain management. For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations.

Trends and Predictions 2020: Supply Chain

Enterra Insights

One area in which there is no shortage predictions is the supply chain. Simon Ellis, Vice President of IDC Manufacturing Insights, observes, “The supply chain continues to undergo almost unparalleled levels of change. The supply chain has increasingly become a critical function for companies to realize their business aspirations and is a competitive weapon in the modern, digital economy.”[1]. Supply chain trends.

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Building the Future of my Supply Chain

DynaSys

On June 13th, we have invited our customers and partners to Bordeaux (France) to share their vision and plans to take their supply chain to the next level. . According to Oliver Wight, a key factor for these trends is the availability of data in almost real-time. Data is now available but the way to use it as a true pillar for decision making is still not fully implemented. Companies now have functions called data analysts.

Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

CH Robinson Logistics

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform. Research shows that having real-time supply chain visibility is necessary to build a responsive, resilient, competitive, and profitable operation.

Supply Chain Optimization Software – A Comprehensive Guide for Manufacturers

ThroughPut

What is supply chain optimization? Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers.

Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

TMC

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform. Research shows that having real-time supply chain visibility is necessary to build a responsive, resilient, competitive, and profitable operation.

Supply Chain Optimization Software – A Comprehensive Guide for Manufacturers

ThroughPut

What is Supply Chain Optimization? Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. What does supply chain optimization involve? Logistics and delivery coordination.

Digitalisation of Logistics Industry and its Impact

20Cube Logistics

With rapid growth in technology, the logistics industry across the globe is experiencing a paradigm shift with fast track development driven by unique innovation and sturdy growth in the evolution of technology. The new technologies are not only re-shaping the marketplace but also offering collaborative operation models for seamless logistics maneuver. during 2018-2023, reaching a value of US$ 1,374 Billion by 2023.

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. Adidas @adidas Adidas is expected to move nearly 20% of its production to more automated factories by 2023 , many of them potentially proprietary. For discount retailers like Burlington, the supply chain is often a competitive advantage — and thus a secret recipe for success.

Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

CH Robinson Transportfolio

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform. Research shows that having real-time supply chain visibility is necessary to build a responsive, resilient, competitive, and profitable operation.

Blockchain Makes a Strong Case for the Pharmaceutical Industry

Logistics Trends and Insights

It’s increasingly looking like a viable solution for one of the industry’s biggest problems thanks to its ability to track and trace data without it being altered. Congress passed the Drug Supply Chain and Security Act (DSCSA) to address the problem and improve the security of the pharmaceutical supply chain to help eliminate counterfeit pharmaceuticals and enhance patient safety. pharmaceutical supply chain. By Amy Wunderlin.

Food Industry Delivery Trends!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Food Waste and World Hunger – The Food Supply Chain is Broken! Restaurant delivery has grown 20% in the last five years; while estimates differ, online food delivery sales are estimated to grow as high as $220 billion by 2023 – 40% of total restaurant sales. Today, it’s one of the few restaurant chains that doesn’t hand over a large chunk of its delivery revenue to third party providers. Subscribe Here!

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Multiple Constraints of Route Planning in ASEAN

Abivin

Will ASEAN’s logistics industry rise to challenges? According to SpirE-Journal 2016 Q4 - Spire’s Asia Market Research, ASEAN trade volume is expected to increase by 130% and will be valued at $5,653 billion by 2023. per annum from 2012 to 2023.

Surviving the Retail Apocalypse

Enterra Insights

He explains, “Several studies have shown that Artificial Intelligence (AI) can sift through data quickly. The staff at Material Handling & Logistics magazine report, “A new survey finds that 85% of retail and 79% of consumer products companies surveyed plan to be using intelligent automation for supply chain planning by 2021.”[3] Hans Thalbauer ( @HansThalbauer ), Senior Vice President of digital supply chain and industry 4.0

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Blockchain – The Answer to the Future of Retail?

EV Cargo Technology

Increasingly, the use of blockchain technology outside of the financial services is also becoming more frequent and prominent, especially in sectors such as healthcare, manufacturing and logistics. billion USD by 2023. Speed up delivery and enable smoother logistics. Auditability – provide full audit trail of data within the supply chain. Smart Contracts – real-time tracking of data.

Transportation TIP List: Week of May 12th, 2019

Transplace

Last week at our 17 th annual Shipper Symposium , we heard from a number of supply chain professionals and business leaders about current industry trends and solutions for shippers. Featured articles include info on a recent surge in shipping capacity and the impact of technology on the supply chain – we can’t wait to see you at next year’s Shipper Symposium in Austin! But supply chain leaders are failing to find suitable use cases.

The Internet of Things and the Retail Industry

C3 Solutions

What's interesting is how the use of IoT technologies to track inventory throughout the supply chain can dovetail with the kind of visibility you gain when you implement a best-of-breed dock scheduling system from C3 Solutions. They are connected electronically via sensors that collect data like location, motion, temperature, light levels and so on. Likewise, the cost of data transfer dropped from $0.47 Using a combination of the chip data, overhead traf?c

Blockchain – The Answer to the Future of Retail?

EV Cargo Technology

Increasingly, the use of blockchain technology outside of the financial services is also becoming more frequent and prominent, especially in sectors such as healthcare, manufacturing and logistics. billion USD by 2023. Speed up delivery and enable smoother logistics. Auditability – provide full audit trail of data within the supply chain. Smart Contracts – real-time tracking of data.

50 warehouse automation stats you should know

6 River Systems

According to data from the U.S. Among distribution centers with three or more buildings, 28% had six or more buildings in 2016, 22% had six or more buildings in 2017, and 27% had six or more buildings in 2018, according to Logistics Management. According to Logistics Management , the average clear height of distribution centers was 32.7 Companies with high-performing supply chains benefit from higher revenue growth. According to data from the U.S.

Online Grocery Sales Continue to Grow

Enterra Insights

While most food and drink stakeholders have concentrated on digitizing their supply chains, increasingly grocers are looking to the consumer side of digitization to grow their business. ” she goes on to note, “Instacart, Kroger, FreshDirect, and Peapod represent all of the other major grocery chains, with Instacart ranking as the largest third-party delivery service. Data breaches are one of the quickest ways to lose consumer confidence and support.

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