U.S. Customs and Border Protection now has the authority to bar goods from China’s Xinjiang Uyghur Autonomous (XUAR) if their production involves the use of slave labor.
Despite numerous advances in plant automation, operating companies today continue to struggle with inefficiencies across supply chains that provide material, equipment and the services required to operate and maintain their facilities.
In recent years, companies have heavily invested in tools to collect and create new data sets. Yet they continue to face challenges in translating that data into valuable business insights that lead to supply chain improvements.
Three major trends have emerged in the past few years that are driving new interest in circularity: changing consumer expectations, global supply chain disruptions and growing environmental concerns.
Ecological waste, the accumulation of greenhouse gasses, the overuse of natural resources and the overconsumption of carbon are problems that need to be solved in aggregate; otherwise, they affect every link of the global supply chain.
A lack of data sharing is one of today's most glaring issues in supply chain management. But just as important is that every stakeholder is on the same page — working with the same kind of data at the right time.
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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