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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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MRO spare parts optimization

IBM Supply Chain Blog

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 trillion, up from USD 864 billion in 2019 to 2020. regulations, undergoing digital transformation and the need for cost-cutting.

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Running Supply Chain on the Edge, with Edge Computing!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The supply chain management industry has undergone many changes in recent years. The introduction of IoT devices to the supply chain, the rise of edge computing, and its ability to increase connectivity and efficiencies, have changed how businesses operate across industries.

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Procurement Speakers 2022 – 10 Most Popular Experts

Procurement Tactics

In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation. Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide. Trillion budget. . Sheldon Mydat.

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TMS Software Eases the Pain of Zero-Based Budgeting

Supply Chain Collaborator

They’ve also instituted drastic cost controls – down to the penny – including requiring employees to gain permission to make color photocopies. Even Coca-Cola has embraced zero-cost budgeting as part of its plan to cut $3 billion in costs by 2019. __.

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Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software.

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Procuring Thanksgiving Dinner: What’s on the Table for the Food and Beverage Industry

Arkestro

Getting a Thanksgiving dinner from farm to table is an intricately complex affair for food and beverage procurement teams, with supply chain shortages, inflation, and rising food costs affecting consumer decisions all playing a part. since 2019. Last year, the holiday brought in $2.8 Inflation has risen 1.7%