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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 In general, today’s supply chain executives and managers continue using outdated, manual data entry processes, which will increase risk. Blockchain Logistics Supply Chain

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.

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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

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.

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? We now have welcomed Supply Chain 4.0

Blockchain in the Supply Chain is Only a Few Links Long

Enterra Insights

The global supply chain appears to be a perfect arena for blockchain technology. John Monarch ( @realjohnmonarch ) reports, “Blockchain innovation in the supply chain shows great promise for enabling proactive management of shipping. Payment processing is only the tip of the iceberg, and major companies around the globe are turning to blockchain to solve their supply chain visibility and traceability challenges.”[1]

Digitalisation of Logistics Industry and its Impact

20Cube Logistics

during 2018-2023, reaching a value of US$ 1,374 Billion by 2023. Implementing technologies like IoT, data analytics, sensors and robotics is changing the complete roadmap of logistics. With digitalisation, the process is more streamlined with customers receiving real-time data with respect to available containers, rates, etc. The software allows inventory receiving and put-away, optimises shipping of orders and coordinating with material handling devices and yard management.

Cargo 43

How Blockchain Can Improve Manufacturing In 2019

IQMS

By 2023, 30% of manufacturing companies with more than $5B in revenue will have implemented Industry 4.0 Supply chains are the foundation of every manufacturing business, capable of making use of blockchain’s distributed ledger structure and block-based approach to aggregating value-exchange transactions to improve supply chain efficiency first. provide valuable insights into how blockchain can improve supply chains and manufacturing.

Blockchain – The Answer to the Future of Retail?

EV Cargo Technology

billion USD by 2023. The speaker, Daniel Kwong – Chief Technology & Innovation Officer (CITIC Telecom), described how blockchain enhances the retail supply-chain network process, overcoming the traditional pain points of traceability, compliance, flexibility and stakeholder management. 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.

Blockchain – The Answer to the Future of Retail?

EV Cargo Technology

billion USD by 2023. The speaker, Daniel Kwong – Chief Technology & Innovation Officer (CITIC Telecom), described how blockchain enhances the retail supply-chain network process, overcoming the traditional pain points of traceability, compliance, flexibility and stakeholder management. Auditability – provide full audit trail of data within the supply chain. Smart Contracts – real-time tracking of data.

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. That’s good news for grocers, who then avoid the cost of shipping.”

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2020 Challenges and Solutions for HVAC Distributors

EazyStock

HVAC has a constantly growing market – especially a growing global market as emerging economies ramp up construction and additional end-users emerge (such as data centers who need to keep their machines cool and ventilated). While demand is growing, so too is supply – and with it, distributors. Managing a vast number of SKUs across the entire supply chain is no mean feat. The bigger the supply chain operation, the more complex the inventory management becomes.

50 warehouse automation stats you should know

6 River Systems

According to data from the U.S. Companies with high-performing supply chains benefit from higher revenue growth. According to a Deloitte analysis of supply chain leadership, “79% of companies with high-performing supply chains achieve revenue growth superior to the average within their industries.” billion and are projected to surpass $735 billion in 2023,” according to Statista. According to data from the U.S.