Supply chain visibility is essential to modern success, but according to Supply Chain Dive, as few as 6% of companies have achieved full supply chain visibility. The problems existing within supply chain visibility go back to issues with tracking shipments after shipping to consumers. At the same time, supply chain visibility and transparency rank as
Blockchain, Artificial Intelligence (A.I), and the Internet of Things (IoT) are slowly but surely making themselves household names. The three emerging technologies have taken the world by storm, and on their own, can help businesses increase efficiency and lower operating costs. But when combined, A.I., IoT, and blockchain are capable of so much more. Read
There are several different parties involved in securing that diamond that you’re wearing on your finger. And over the years, diamonds have become the most sought-after and expensive stone there is. According to Petragems, inflation brings their value up approximately 4% each year, with an overall 33% increase in value over the past ten years.
You may have noticed a few prominent private blockchains popping up here and there. The problem with these private blockchains is, at their core, they are not truly decentralized. By joining a private chain, you do not get all of the benefits that blockchain promises. In fact, you could argue that your data is even
We are living in the Digital Age, and that means that the world’s most valuable resources are digital as well. Today’s hottest commodity is data. Nowadays, how you study, manage, and protect your data can make or break you. Read on for an analysis as to why data is so valuable and how you can
The past few years have been big for blockchain. But many people still don’t understand what blockchain is or how it works. Some companies are even hopping on the “blockchain bandwagon” without considering whether it's actually useful in their industry. And according to Ethereum co-founder Vitalik Buterin, misapplying the technology in this way is a
If you’ve been following our blog, you’ve noticed the term “counterfeiting” here and there. It’s a huge issue in shipping and logistics, but it certainly doesn’t stop there. For the majority of people, the first thing that comes to mind is counterfeited goods. Fake handbags, knock-off sunglasses, inauthentic sneakers, and so on. And while finding
New Partnership Will Enable Real-Time Temperature, Light, and Location Monitoring Across the Global Supply Chain ShipChain, a blockchain-based logistics solutions provider, today launched a new partnership with ParceLive, a real-time supply chain visibility platform, furthering its efforts to increase transparency, efficiency and quality control across the global supply chain. Under the new partnership, ShipChain will
Ah, globalization. One of the great buzzwords of the 21st century. Although we see the term brought up less frequently nowadays, globalization is still very much an ever-present phenomenon, and it has profound implications for international supply chain management. So what exactly is globalization? In simplest terms, globalization is the process by which organizations gain
Logistics talent is amid a battle. Traditional logistics workers, including truckers, warehouse workers, load planners, and freight brokers, have become viewed as unstable and “dirty” by new generations. At the same time, major companies continue to focus on attracting fresh, new talent to deploy the latest technologies and services. As Amazon continues to lowball other
