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.
Supply chain design technologies that identify and quantify risks at the supplier, facility, customer and network levels allow organizations to make better decisions.
The J.P. Morgan Global Manufacturing Purchasing Managers’ Index registered a score of 48.7 during July, matching the index’s lowest level since June 2020.
Supply chain attacks are extensive, meticulously planned, and take advantage of the trust between business associates and third-party software providers.
Getting started on digitizing your supply chain might seem intimidating, but it can all come together pretty quickly, says Jaymie Forrest, president and CEO of Activ Technologies, 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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