Logistics
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.
Determining the total cost of transportation is essential to understanding your company’s profitability. How quickly do customers receive products? How much are they willing to pay to receive those products faster? Were any shipments damaged or otherwise subject to cargo insurance claims? What could we as a company do better? Understanding the total cost of
Fraud in logistics is a major problem. So many resources are wasted on trying to negate the issues, and although numerous risk analytics systems have been developed to try to improve the situation, nothing has proven foolproof. Blockchain technology may be the closest thing we have to a solution, and therefore, it has the potential
From the creation of the Blockchain in Trucking Alliance (BiTA) to companies of all sizes developing blockchain-based supply chain management platforms, it is clear that blockchain is becoming a force to be reckoned with in freight and logistics. As blockchain gains prominence in the logistics industry, supply chain leaders need to understand who is using
Logistics will always contain risks, but the use of blockchain in supply chain management can go a long way in prevention and mitigation. The applications of blockchain in supply chain management are growing, and supply chain leaders now have a unique opportunity to bring end-to-end visibility to the darkest and most secluded parts of their
Blockchain and logistics have been a major talking point for supply chain leaders since the creation of Bitcoin. The technology holds great promise for the supply chain and logistics industry by creating an incorruptible and easily distributed resource for shippers and carriers to streamline productivity and ensure all operations continue unimpeded. However, the necessity of
Did you catch the latest interview with our CEO, John Monarch? He was recently interviewed by TechBullion on how ShipChain is disrupting transport & logistics on the blockchain. John discusses some of the biggest problems currently affecting the logistics industry and the different ways ShipChain is going to solve them, including the need to eliminate
