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Blockchain for Supply Chain: A Comprehensive Guide for Businesses

SCMDOJO

Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.

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Supply Chain Predictions!

Supply Chain Game Changer

In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. Check out Procurement Experiences, Trends and the Future!

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13 Amazing Logistics & Supply Chain Mobile Applications

EazyStock

*This post was originally published June 2015; it was updated September 2018*. In today’s competitive business environment, getting the correct products to the right place at the right time via the most cost-effective manner is paramount for your business’ success. EazyStock – Inventory Optimization Software.

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Procurement and Sustainability are Your Yin and Yang!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The pairs of equal opposites attract and complement each other” ( worldhistory.org 2018 ). Chief Procurement Officers’ priorities seem to be changing with the times in order to further implement initiatives necessary to meet broader organizational goals. Subscribe Here!

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AI for Better Supplier Collaboration: First, Get Your Data in Order

Jaggaer

As the Gartner research note published in September 2018, entitled The Impact of Artificial Intelligence on Procurement Software Applications states: “Procurement software applications have been traditionally designed to address mission-critical priorities of procurement leaders. Figure 1: Average visible IT cost: $10K per supplier.

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The New Age of Negotiation!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. You put time, energy, focus, and emotion into a negotiation, so naturally, you want to come out feeling as if you’ve done a good job, get a good price, or ‘won’. Subscribe Here! Email Address. Featuring Our 12 Best Procurement Articles! We negotiate on a daily basis.

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Data privacy examples

IBM Supply Chain Blog

An example of data privacy in action Consider a budgeting app that people use to track spending and other sensitive financial information. These access controls reduce the chances that the data is used for unauthorized or illegal purposes.

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