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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.

SCM 87
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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.

Beverage 223
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Adelante SCM and PINC Launch the First Annual State of Yard Management Report

PINC

Manufacturers, retailers, and distributors have been forced to quickly adapt their supply chain networks and processes to new market realities. 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.

SCM 130
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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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Editor’s Choice: 5 Supply Chain Management Success Factors for CPG Companies

Logistics Viewpoints

Today, a business footprint touches everything from growers and materials suppliers to manufacturers, distributors, logistics providers, and consumers. At the center of everything is the need to select the right supply chain management (SCM) platform. Process manufacturing ultimately touches cost control, quality, and food safety.

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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. The result was restatement.

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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.