Despite the continued buzz around the potential for blockchain technology to enhance data security in the supply chain, the airfreight industry has seen a slow start to creating tangible application. But last week, Chinese e-commerce giant Alibaba put its word into action by premiering its own blockchain-encrypted platform, the Food Trust Framework.
In 2013, Michael Dell shocked the world by taking his namesake computer company private in the largest leveraged buyout since the Great Depression. He shocked it again in 2015 when he announced that the Texas company would merge with Massachusetts’ EMC, another tech industry stalwart, in one of the biggest deals in business, worth $67.7bn.
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.
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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