News (3582)
2D Barcode Tech Collaboration to Transform Cannabis Supply Chain
A new collaboration between a 2D barcode technology innovator and a cannabis supply chain company is set to revolutionize the industry. According to Benzinga, the companies are working together to create a more efficient and secure supply chain for cannabis products. The new technology will use 2D barcodes to track products from the point of manufacture to the point of sale. This will help ensure that products are safe and compliant with regulations. It will also provide customers with more transparency and confidence in the products they purchase.
Read more...Global Blockchain Supply Chain Market Size, Share, and Growth Report 2024-2032
The global blockchain supply chain market is expected to grow significantly in the coming years. According to a report by EIN Presswire, the market size is estimated to reach $7.6 billion by 2024 and $32.8 billion by 2032. The report also states that the market is expected to grow at a compound annual growth rate of 20.2% from 2024 to 2032. Factors such as increasing demand for transparency and traceability, rising investments in blockchain technology, and the need for efficient supply chain management are expected to drive the growth of the market.
Read more...Commerce Finalizes ICTS Supply Chain Rule: What Does It Mean?
On June 16, 2023, the U.S. Department of Commerce (“Commerce”) issued a long-awaited final rule (the “Final Rule”), effective July 17, 2023, related to the Information and Communications Technology Supply Chain. The Final Rule clarifies the scope of the ICTS Supply Chain rule, which requires companies to assess the risk of their supply chain and take steps to mitigate that risk. The Final Rule also requires companies to provide information to the government about their supply chain. This rule could have a significant impact on businesses that use ICTS products and services.
Read more...Unlock Supply Chain Resiliency and Improve Visibility
McDonald's is partnering with supplier Golden State Foods to use radio-frequency identification (RFID) technology to track fresh beef from manufacturer to restaurant in near real-time. This strategy promises to provide partners with the information they need to build trust and transparency. According to Bob Carpenter, president and CEO of GS1 US, a not-for-profit, international supply-chain standards organization, organizations need more visibility than ever to manage inventory, know where products are coming from, and maintain consumer trust. The barcode is a reliable data standard used to manage the wealth of data in the highly segmented beef supply chain.
Read more...Power Up Your Supply Chain with New Solar Battery Technologies
Solar batteries are an important part of the supply chain industry, as they provide a sustainable way to store energy generated from the sun. DC Velocity recently reported on the development of new solar battery technologies, which are designed to make the supply chain more efficient and reliable. These new technologies are expected to reduce costs, improve energy storage capacity, and increase the overall sustainability of the supply chain. With these advancements, the industry is poised to make a significant impact on the environment and the economy.
Read more...5 Tips to Supercharge Your Supply Chain Digitalization
Supply chain digitalization is an important part of modern logistics. Logistics Management has compiled five best practices to help businesses accelerate their digitalization process. These include leveraging technology, creating a data-driven culture, optimizing processes, and more. Logistics Management also provides 10+ resources to help businesses get started.
Read more...Supply Chain Velocity is the Answer to Our Problems
The U.S. markets closed with the S&P 500 up 1.07 points, the Dow down 93.24 points, the Nasdaq up 85.03 points, and the Russell 2000 down 8.20 points. Commodities such as crude oil and gold were up and down, respectively. According to Yahoo Finance, supply chain velocity is coming to the rescue.
Read more...31 Regional Tech Hubs to Supercharge American Innovation and Create Jobs
The Biden-Harris Administration has announced plans to create 31 regional tech hubs across the country. The hubs will be used to spur American innovation, strengthen manufacturing, and create good-paying jobs in every region of the country. The White House states that the hubs will be used to help build the nation's technology infrastructure and create jobs in the tech sector. The hubs will also provide resources and training to help small businesses and entrepreneurs access the latest technologies and tools.
Read more...Discover How AI, Machine Learning, and Robotics are Transforming Retail Supply Chains
Retail supply chains are being revolutionized by the use of artificial intelligence (AI), machine learning, and robotics. AI and machine learning are being used to optimize supply chain operations and robotics are being used to automate the process. According to Insider, these technologies are helping retailers to reduce costs, increase efficiency, and improve customer service. AI and machine learning are being used to analyze data and identify trends, while robotics are being used to automate processes such as inventory management and order fulfillment.
Read more...Are You a Robot? Bloomberg Investigates
Bloomberg recently reported on the detection of unusual activity from computer networks. To continue, users are asked to click a box to let the company know they are not a robot. The company also asked users to make sure their browser supports JavaScript and cookies and that they are not blocking them from loading. For more information, users can review the company's Terms of Service and Cookie Policy. For inquiries related to this message, users can contact the company's support team.
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