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The Role of Blockchain in SCM, with Examples

SCMDOJO

What is a supply chain management system (SCM)? When talking about SCM, we can elaborate it as integrating all dependent business activities, including resources and actors, to smoothen the workflow. It has made visible changes in the SCM systems. For strict security purposes, authorized blockchains are preferred in SCM systems.

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The Food & Beverage Supply Chain is Ripe for a Digital Transformation

Logility

The global food and beverage supply chain has been stressed to the breaking point by the COVID-19 Pandemic. Shelter-at-home and the mandatory closing of non-essential businesses has led to restaurant bankruptcies in record numbers, pouring milk down the drain and fields of rotting produce that were destined for food service businesses.

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Adelante SCM and PINC Launch the First Annual State of Yard Management Report

PINC

According to an industry-leading consulting firm, transportation costs range from 60% of total distribution costs for High Tech companies to 88% for Food & Beverage companies. He is the founder and president of Adelante SCM, a peer-to-peer learning, networking, and research community for supply chain and logistics professionals.

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Planting the Seeds for Blockchain in the Food & Beverage Supply Chain

Logility

So, what is holding companies back from embracing blockchain and, in particular, what needs to be done to grow the adoption of blockchain in the Food & Beverage Supply Chain? There is no doubt that adopting blockchain capabilities can improve the ability to track and trace food and beverage products from field to fork.

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Supply Chain Resilience. Really?

Supply Chain Shaman

Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. I am currently doing research on inventory management. Today, this is not the case. Yes, I think so.

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Editor’s Choice: 5 Supply Chain Management Success Factors for CPG Companies

Logistics Viewpoints

At the center of everything is the need to select the right supply chain management (SCM) platform. CPG companies must maintain tight control over inventory to conserve cash while ensuring there’s sufficient stock to meet production schedules or forecasted customer demand. The challenges don’t stop there.

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The Importance of Supply Chain Management

Elementum

Effective supply chain management (SCM) is the cornerstone of business success. Recent press reports around food supply chain issues have emphasized the essential nature of a solid, well-managed supply chain where managers can predict (and respond to) potential delays or scarcity.