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Blockchain has become a buzzword across industries, but what does it mean for supply chains? Blockchain is a digital ledger that records transactions in a secure, transparent, and tamper-proof way. By using blockchain, companies can address some of the biggest challenges in logistics, including transparency, fraud prevention, and inefficiencies. What is Blockchain and How Does it Work A blockchain is a decentralized database where information is stored in “blocks” linked in a chronological chain. Each block…

U.S. manufacturers are struggling to fill over 600,000 vacancies, with two key challenges standing out: fewer young people entering the field and baby boomers retiring in large numbers. To tackle these challenges, many are turning to industrial robots, which, according to ABI Research, are expected to reach a global base of 16.3 million by 2030. “Companies that take a step back will view the demographic shifts as an opportunity to revamp processes and operatio...CONTINUE READING THE ARTICLE FROM Supply Chain 247…

FourKites introduced the Intelligent Control Tower, a new platform designed to redefine supply chain operations. Unlike traditional systems focused on tracking and reporting, this new platform leverages AI to take action, automate processes, and prevent disruptions in real-time. The Intelligent Control Tower builds on three key pillars: Comprehensive Real-Time Data: FourKites tracks over 3.2 million shipments daily across road, rail, ocean, and air, providing unmatched visibility into global supply chains.…

Walgreens y los minoristas están lidiando con un delicado acto de equilibrio entre proteger los productos contra robo y garantizar que las medidas de seguridad no ahuyenten a los clientes. Opiniones recientes de Walgreens y la Federación Nacional de Minoristas (NRF) ilustran la complejidad de este problema y destacan las estrategias que los minoristas están empleando para abordarlo.Ante un aumento del 52% en el inventario robado, Walgreens recurrió a bloquear una amplia gama de productos. Sin embargo, como señaló el director…

Automation specialists Symbotic announced plans to buy Walmart’s robotics business for $200 million as part of a new agreement to boost Walmart’s automated supply chain. The deal includes a $520 million development program funded by Walmart, with $230 million paid at closing. The agreement expands on a long-standing partnership between the two companies. Since 2017, Symbotic has provided software and robotics for Wal...CONTINUE READING THE ARTICLE FROM Supply Chain 247 HERE