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
New partnership will track temperature-sensitive shipments using energy-efficient NFC smart tags LOS ANGELES CALIFORNIA July 17, 2019 - Blockchain-based logistics ShipChain and GTX Corp (OTCQB: GTXO), a global tech leader offering a suite of GPS and NFC tracking location-based services, today announced a new partnership for a new global NFC blockchain shipment tracking solution. Under
“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
Understanding the future of the digital supply chain is essential to success. We must embrace the possibilities of Big Data, the Internet of things, blockchain technology, predictive analytics, and the growing unrest that these things bring to the industry. Let’s take a closer look at how these technologies will affect the future of supply chain
Before you pick up that cherry tomato or prep the chicken, do you really know what you’re about to eat? How often do you think about the actual processes and activities that go on behind the scenes in food supply chains? Produce is grown. Meats are raised. Dairy foods are processed. Others are prepared in
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
What is Supply Chain? Supply chain is essentially the entire behind-the-scenes network that links a product from its point of origination to its final destination. Think from manufacturing to consumer, and every single step in between. Supply chains are often very complex as they encompass all vendors, warehouses, retailers, and so on that bring a
If you’ve been following our blog, trends in logistics, or just the news in general, by now you know that blockchain is a big deal. Imagine a world in which all of your data is virtually unhackable, secure, and unable to be tampered with. Now imagine removing third-parties and their added costs entirely. You’re looking
If you’re like me, you have probably wondered why the same foods keep getting tangled up in the major recalls. For example, what is it about romaine lettuce that makes it so susceptible to bacterial contamination? I always thought salads were the best choice on the menu, but have I been wrong this whole time?