Logistics
“Retail is dying,” or so they say. But that certainly isn’t the case; rather, retail is changing. The way that we shop today is drastically different than it was ten years ago, and the same will probably be said in another ten years. That is just the world we live in, thanks to technological innovation.
The 4th of July is one of the most revered and cherished holidays in the United States, and rightfully so! Those celebrating take part in grand and patriotic celebrations, usually involving barbeques, apple pie, red, white, and blue, and of course, fireworks. Ellen Chang from TheStreet estimated that approximately 219 million Americans partook in 4th
Blockchain refers to a distributed ledger technology that restricts post-data entry changes and ensures a network of trust and valid data, reports Steve Banker via Logistics Viewpoints. Such technology runs on multiple nodes (transactions), which give supply chains access to like information and enable data-driven decision making. Blockchain ensures the integrity of data, preventing changes
ShipChain has been selected by the World Economic Forum (WEF) as one of the roughly 100 supply chain companies and experts that will help build and come up with the parameters for the Blockchain Toolkit. ShipChain CEO, John Monarch, will be the primary delegate. According to the WEF’s formal announcement made on May 1, 2019,
Shippers have traditionally turned to third-party logistics providers (3PL) to augment their logistics strategies. However, recent developments in the supply chain and globalization of the supply chain have triggered a surge of value-added services. Instead of merely providing logistics management and expansion of available capacity, today's 3PL offers a whole host of additional services, including
Nowadays, evolving technology can dramatically change the way society functions. I can still remember my very first cellphone. The most high-tech things it could do were make phone calls and send text messages, all hand-crafted in T9 of course. Fast forward fifteen years and now my cellphone also doubles as my HD camera, portable music
Near the end of 2018, Walmart announced it plans to raise trucker salaries to approximately $87,500. That is in stark contrast to the current median clocking in at roughly $44,281. Now if your first thought is to quit your job immediately and apply to drive for Walmart, I don’t blame you. The salary is impressive,
It’s easy to get caught up in the hype over blockchain. When it comes to supply chain, the vast promises of renewed visibility and traceability are abundant. While there is much truth to the hype, it is important to stay practical and understand the logistics applications of blockchain and what they mean for you and
Blockchain in the pharma supply chain can dramatically affect the success and verifiability of pharmaceuticals. Unlike other industries, pharmaceuticals are subject to intense regulation. Failure to maintain proper temperatures or traceability within the pharma supply chain can have disastrous outcomes that directly impact patients and their family members. Adding Blockchain to the pharma supply chain
Blockchain technology is a major disruptor in the supply chain. It stands to change the game as we know it by giving companies a better way to ensure traceability throughout vast supply chain networks. In order to properly disrupt the supply chain of today, you need to know everything there is to know about it.
