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News

New Research Confirms Blockchain’s Effectiveness for Improved Data Sharing in the Retail Industry

The Auburn University RFID Lab, in collaboration with GS1 US, completed a proof-of-concept that demonstrates the effectiveness of blockchain and radio frequency identification (RFID) technologies to improve serialized data sharing in the retail industry. Participating companies included: Nike, PVH Corp., Herman Kay, Macy’s, Kohl’s, Mojix, Avery Dennison, SML, IBM and Collaboration, LLC.  The complete findings are available in a new white paper titled “Chain Integration Project (CHIP) Proof of Concept.”

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Companies Team Up to Transform Supply Chain

Customers of 4flow and Kinaxis now have access to a new service, the RapidResponse service helps companies transform their supply chains, reports Supply & Demand Chain Executive.

4flow has partnered with Kinaxis to provide RapidResponse deployment and supply chain transformation services for the companies’ shared customers

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UPS Gets into Cargo Financing

According to Pymnts.com, UPS now has a capital division that helps companies finance their overseas purchases.

Advancements in logistics and supply chain technology mean the risks of getting goods from Point A to Point B are lower than ever — even when transit begins on the other side of the planet.

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