Supply chain control towers can offer significant benefits to companies by extending visibility and control beyond the enterprise, and enabling advanced analytics, real-time collaboration, and sophisticated optimization. However, many control towers do not reach their full potential as they are built on antiquated foundations.
The European Union is preparing to roll out an important new rule this month known as the General Data Protection Regulation, or GDPR, which is intended to strengthen and unify data protection for all people within the EU.
Supply chains are under tremendous pressure to perform better. The average consumer now spends considerable time researching the best prices for the products they want, they’re comfortable ordering online, and they expect swift delivery at a time that suits them.
International Business Machines Corp., a group of four gold and diamond industry companies and an independent laboratory are developing a blockchain network for tracing the provenance of finished pieces of jewelry from mine to store.
Consumers, and millennials specifically, have clearly set a precedent: they want sustainability to be top-of-mind for brands when it comes to achieving their business goals, according to social media software provider Digimind Inc.
The latest news, analysis, trends and solutions for big data, blockchain and the internet of things (IoT) and their impact on supply chain management. Big data describes the large volume of data that inundates a business on a day-to-day basis and can be analyzed for strategic business insights. IoT is the means that collects and sends data from a range of “things” — anything from watches to fridges to cars — that are connected to the internet with sensors or computer chips. Learn how companies around the world are using big data, blockchain and IoT for supply chain optimization and competitive advantage.
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