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News (3023)

Blockchain is Paying Off

Companies are starting to see the financial benefits of blockchain in the supply chain, reports Supply & Demand Chain Executive.

Blockchain is saving supply chains around $450 billion in logistics-related costs in Western Europe, according to a new study from Cointelegraph Consulting and Swiss enterprise blockchain firm Insolar.

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AR in the Supply Chain

According to Forbes, augmented reality elements are working their way into supply chain management tools. 

Augmented reality (AR) superimposes digital elements on real-world environments using cellphones, tablets, heads-up windshield displays or digital glasses.

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Blockchain Market Continues to Grow

Global blockchain technology complements healthcare artificial intelligence (AI) and internet of things (IoT) - based marketplace offerings, and is expected to cross $500 million by 2022 at a compound annual growth rate (CARG) of 61.4 percent, according to a recent Frost & Sullivan report.

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Keeping the Infrastructure Secure

The Department of Commerce is enacting new rules to keep America’s telecommunications hardware secure, reports FCW.

On the heels of new rules at the Federal Communications Commission that limit the use of Chinese-made telecommunications gear in U.S. infrastructure, the Department of Commerce proposed new regulations to identify, evaluate and address transactions involving such hardware.

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Change Coming to the Supply Chain

According to Material Handling & Logistics, 2020 will see the digitial revolution come to the supply chain. 

The supply chain continues to undergo almost unparalleled levels of change. The older measures—productivity, quality and service—still apply, but we now see digital transformation poised to change everything.

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Blockchain Can Keep Food Supply Safer

According to Decrypt, a new report finds that using blockchain can help reduce food fraud and keep the food supply safer. 

Blockchain is set to make big changes to how food makes its way from farm to tables.

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XPO Logistics Expands Use of Intelligent Robotics in the UK Ahead of Holiday Shopping Season

XPO Logistics (NYSE: XPO), the largest outsourced e-commerce fulfillment provider in Europe, has increased its use of intelligent robotics in the UK in anticipation of holiday retail volumes. The robots work alongside XPO’s employees to help manage inventory for distribution during the seasonal peak. The automation is manufactured by 6 River Systems, Inc., part of leading global commerce company Shopify and one of XPO’s key robotics partners in the US.

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Target Usings Tech to Keep Shelves Stocked

According to Supply Chain Dive, Target is deploying new technology to keep its backroom inventory low, yet its shelves stocked. 

In addition to the inventory planning software, Target is in the midst of rolling out various automated technologies to some of its distribution centers, designed to replenish store inventory in such a way that backroom stock levels can stay low and less labor is needed upon receiving shipments in store.

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Technology Can Cut Down on Food Waste

Forecasting technology such as that recently implemented by Fluery Michon can cut down on waste, reports Food Navigator. 

French deli and ready meat supplier Fluery Michon has implemented forecasting technology from FuturMaster to help anticipate future demand and the daily production requirements for its cold meats, ready meals and snacks. 

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Keeping the Pharmaceutical Supply Chain Safe

According to Automation, upgrades to the pharmaceutical supply chain means consumers can be assured that their drugs are safe. 

Errors in the pharmaceutical supply chain can lead to late delivery, increased costs and poor-quality products, which can have a detrimental impact on consumers. 

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