Responding to consumer demands for traceability, Tyson Foods plans to use DNA samples from elite cattle to track steaks, roasts and even ground beef back to the ranches the animals grew up on.
Consumers are more conscientious about their purchases than ever before. They expect organizations to meet a certain set of ethical standards, and supply chains aren’t exempt from scrutiny.
While blockchain technology appears to hold substantial promise for logistics and supply-chain management, it faces a number of obstacles to realizing its full potential.
For supply-chain partners, blockchain technology promises an immutable record of provenance, as products pass from hand to hand. And which industry stands to benefit more from that capability than luxury goods?
Chief executive officers typically take a back seat when it comes to supply-chain management, but by forging a greater synergy with supply-chain managers, they can take their organizations on a journey toward prolonged success.
The IoT Solutions World Congress (IoTSWC), the largest international event devoted to innovation in the industrial internet of things (IIoT), will return to Fira de Barcelona’s Gran Via venue from 29 to 31 October. In its fifth year, the IoTSWC will reveal the real scope of the digital transformation in different industrial sectors and businesses that are incorporating disruptive technologies such as IoT, blockchain and artificial intelligence into their activity. The major suppliers of industrial solutions and information technology providers heading this paradigm shift will take part as exhibitors, together with experts who will present the trends that are driving this rapidly-expanding market.
