Understanding the digital supply chain’s future is critical to success. Big Data, the Internet of Things, blockchain technology, predictive analytics, and the growing dissatisfaction that these technologies bring to the sector must all be embraced. Let’s take a closer look at how these technologies will impact supply chain management in the future, as well as …
With the evolution of technology, many different aspects of supply chain logistics are also evolving. With the introduction of globalization, the global supply chains are expanding at a rapid rate and becoming more and more complex as the days pass. As a result, the importance of true collaboration is also increasing and making the flow …
Blockchain is one of the hottest topics in technology today. It’s being touted as the “next big thing” in supply chain management. But is blockchain really the panacea that supply chain managers have been waiting for? Blockchain is a distributed ledger technology. It’s essentially a “digital ledger” that records transactions between parties. The ledger is …
With cryptocurrency setting its foot in 2008 with the launch of Bitcoin, you must have come across the term ‘blockchain technology’ quite often. Bitcoin has become one of the famous decentralized currencies in this modern digital era. In simple terms, Bitcoin is a cryptocurrency that can be sent from one user to another without any …
How Does Blockchain Work? Understand Blockchain Technology Read More »
In the last few decades, Blockchain technology has experienced a significant boost in terms of popularity and applications in the modern world. But do you know from where all of this started? It started when Bitcoin came into the picture and became the first type of blockchain, i.e., the public blockchain. It was later considered …
What Are The Different Types Of Blockchains? (Easy Guide) Read More »
In layman’s terms, blockchain is a kind of database that stores information in a database that is not centralized but instead distributed across a network of computers. This database cannot be tampered with as each block of data is linked to the next one. In the financial market, blockchain allows for quicker and more secure …
Blockchain SCM Transformation Explained In Layman’s Terms Read More »
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In the current scenario of logistics management, artificial intelligence is a buzzword. Its widespread application is evident across various sectors. Amazon is implementing AI technology to automate warehouse processes. Leading retailers like Walmart and Amazon are deploying last-time delivery drones. This technology can also transform the complex skills required in logistics jobs. By leveraging this …
How Cognitive Automation Could Transform The Logistics Industry Read More »
To operate a successful business, you have to stay on top of your supply chain, but it can be tough to monitor everything that happens. In the process of receiving and shipping products and materials, there are many opportunities along the way that can leave your company open to fraud, including employee theft, counterfeit goods, …
