article thumbnail

Why Automation Is the Food Industry’s Answer to Supply Chain Disruption

Logility

Food and beverage (F&B) industry executives face mounting pressure to keep up with soaring demand. As a result, F&B supply chain organizations require technology specifically designed to evaluate many business scenarios, currencies, and time horizons simultaneously with artificial intelligence (AI).

article thumbnail

Blockchain and the Global Food Chain

Enterra Insights

Most famously, blockchain is associated with so-called crypto-currencies like Bitcoin and Ethereum. The food sector may be one area where blockchain technology will prove to be extremely beneficial. Blockchain and the global food chain. “The global food industry is worth trillions of dollars,” writes Cindy Huynh.[4]

Food 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Financial Hedging of Food Prices

Operations and Supply Chain Management

Hedging has become a critical tool for companies seeking to weather disruptions in food supply chains during the coronavirus pandemic. The hedging is similar to what many companies do with currencies and oil, but the big leaps in food markets have raised the stakes this spring. and Jack in the Box Inc.

Food 40
article thumbnail

Currency in India: Current State of Disruption, Confusion, and Economic Slowdown

CH Robinson Transportfolio

Currency in India: Current State of Disruption, Confusion, and Economic Slowdown.Transportfolio. Two of India’s major currency denominations have been withdrawn since November 8. As of midnight that day, the India Rupee (INR) 500 and INR 1000—which constitute 86% of the currency in circulation in India —are no longer legal tender.

article thumbnail

Things You Can Buy With Bitcoin!

Supply Chain Game Changer

You can buy a car or fast food everything you want in your everyday life. You will see that people will sometimes eliminate the traditional currency and attach it to this digital crypto. The reason is that most of the services and products you can easily purchase with this digital currency are why people eat using it in high quantity.

article thumbnail

The Green Corridor: Resilience from Diversification

The Logistics & Supply Chain Management Society

The government simply ran out of foreign currency to buy imported fuel. Some of this is additionally exported to get foreign currency needed for the gas. To harness sunlight in Malawi, it will take capital and know-how requiring foreign currency and technology from other countries. This was not the first time either.

Malawi 130
article thumbnail

Blockchain for Supply Chain: A Comprehensive Guide for Businesses

SCMDOJO

One such technology that has had a significant impact on the financial industry is blockchain, which is the underlying technology of digital currency or cryptocurrency. As a founding member of the IBM Food Trust, Nestlé aims to improve customer confidence in the safety and authenticity of their products through the use of blockchain.