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eCommerce Drives Supply Chain Tech

eCommerce growth continues to be a driving factor in the evolution of the supply chain, reports Manufacturing Net. As consumers demand more from their eCommerce, technologies must be deployed to help companies meet those demands.

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Regtech Comes to the Supply Chain

According to Spend Matters, regtech is emerging as a new sector to watch in 2019. Regtech is a concept and also a set of technologies to help companies navigate regulatory rules in procurement and the supply chain.  

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Shipping Exotic Produce with High Tech

According to Port Technology, ocean carrier MSC is employing cutting edge technology to ensure that delicate produce items can be shipped worldwide safely.

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Automating Workforce Retention

DHL is addressing the talent gap in the supply chain, reports Digital Supply Chain. One of the ways they are attempting to combat this is by using automation technology to help ensure workforce retention.

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Walmart Goes for High Tech Consolidation

Walmart is opening a new high tech consolidation center in 2019, reports Digital Supply Chain. The center will use automated technology to enable increased volume and faster delivery times.

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Cargill Bets on Hyperledger Grid

Cargill has announced its plan to invest in Hyperledger Grid, reports the Coin Telegraph. The Hyperledger Grid will streamline supply chains by using blockchain technology

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AI Assisted Retail

franck v 740555 unsplashEvery day, 2.5 quintillion bytes of data is generated by digital devices. This volume is expected to increase with the growth of Internet of Things (IoT). The data has been used by e-commerce websites for marketing, sales prediction and forecasting as well as targeted marketing, and companies take advantage of the digital foot prints that users leave on the internet while browsing. The data includes their location, brands of interest, gender, age, occupation, etc. It comes as no surprise, therefore, that when I perform an Amazon search for a book, I will see advertisements suggesting the same and related books once I log on to my Facebook account. This level of interconnectivity is used by platforms such as Amazon, eBay, and lots more to enhance their marketing efforts via artificial intelligence.

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Supply Chains Remain Weakest Link

The supply chain remains the weakest link, reports Supply Chain Digital.  That is because companies can’t control their supply chain partners security measures.

 

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Washington Encourages Companies to Update Supply Chain Tech

According to Washington Technology, The Department of Homeland Security wants IT companies to update their supply chain security. The fear is that lax security in the supply chain could lead to compromised products.

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Panasonic and JDA Team Up

Panasonic has teamed up with JDA, reports Biometric Update. The new venture will incorporate JDA’s Luminate supply chain  software. The Luminate software uses artificial intelligence and machine learning.

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