News (3023)

Blockchain Will Be Added to Reliance Industries

According to CryptoNews Z, blockchain is now being integrated into Reliance Industries documentation process for bills of lading and letters of credit. 

Reliance Industries Limited has announced that it will integrate blockchain in its transportation business by launching blockchain for the Bill of Lading and Letter of Credit transactions. 


Threat to Supply Chains Real

Pitney Bowes fell victim to a ransomware attack, reports PYMNTS. Which highlights that companies are still not taking the threat to their supply chains seriously. 

When Pitney Bowes, a major logistics service provider, revealed that it had fallen victim to a ransomware attack, it was only the latest case revealing the threat that cyberattacks not only pose to companies, but also to their business partner networks, suppliers and supply chains.


Bringing Trust Back to the Supply Chain

Blockchain has the potential to bring more trust to the supply chain reports Freight Waves. 

Blockchain is a technology that many people quickly associate with cryptocurrency. Although it initially gained recognition that way, the potential uses for blockchain span much further. 


Blockchain in Agriculture

According to Forbes, Bayer’s Crop Science Division and Ant Financial have signed an agreement to bring blockchain to agriculture. 

The disruptive and dynamic potential of blockchain is already well heralded. However, its reach is only now starting to permeate through significant enterprises that are helping boost the capabilities of the blockchain.


Ladingo's Uber-ized container sharing shipping solution makes it possible to ship anything, anywhere in the world

Ladingo, the pioneer in large and bulk item shipping solutions, is announcing the global launch of its automated and digitized shipping platform, taking on the challenges facing online shoppers, online sellers, and ocean freight forwarders in the e-commerce industry. Ladingo has successfully raised $1.6 million in an initial funding round led by ZIM, the global container shipping corporation.


IBM Brings AI to Supply Chain

IBM is integrating artificial intelligence into its supply chain productes, reports WWD. 

In a move aimed at reducing costs and “untangling the complexities” of today’s global supply chain, IBM is now offering an “integrated supply chain suite” embedded with its Watson AI and IBM Blockchain technologies


Blockchain is Answer to Traceability & Transparency

According to Interesting Engineering, blockchain is the answer to how to get transparency and traceability to the supply chain.

Consumers are more and more preoccupied with how products are made. After decades during which price and quality were the two primary attributes they looked for in products, nowadays the demand for sustainably produced goods is on the rise. 


AI is Popping Up in the Supply Chain

Seeing a market for articial intelligence enhanced products Xeeva is adding AI to its procurement software, reports Digital Supply Chain.

Due to the increasing influence technology has had on the way business is conducted worldwide, it has never been so important to leverage new processes and applications to set organisations apart from competitors, particularly in the supply chain space. 


Protect the Supply Chain

With the globalization of the supply chain comes more potential for disaster, reports Forbes. Business need to take steps to mitigate the risk to their supply chains in the event of a catastrophe. 

An earthquake damages your manufacturing facility, a strike at a port has delayed shipments to your store or political uncertainty has left your planning and forecasting in chaos. 


Streamlining Your Supply Chain

Businesses can use technology to streamline their multi channel supply chains, reports EPS News.

As you probably know, the multichannel supply chain is a direct response to the internet’s rise as the center of our commercial lives — and the wealth of options it provides consumers today.


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