Business systems can’t operate with true effectiveness as stand-alone functions; they must work together for businesses to harvest the most value from their data.
Now volatility is end to end, and supply chain planning extends beyond order fulfillment to sustainability and resiliency. The good news: They’ve updated the operator’s manual.
The objective is to provide a neutral open library of geofences linked to container handling facilities to ensure that all parties in the supply chain can reference the same geofence for a facility.
GS1 is hoping to foster adoption of QR code technology that allows additional information about products in the supply chain to be added along the way.
Imagine a world where technology is used to connect a finished food product with its own supply chain data, as well as any information pertaining to sources for its ingredients.
Although technology is very important, business process management is more critical to running a successful supply chain says Leo Salomons, head of value engineering for the Americas at Mavim.
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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