What is a digital supply chain? A digital supply chain is a data and analytics-driven approach to managing the flow of goods, services, and information from raw materials to end customers. In other words, a digital supply chain is a flow of goods and materials in which all the components...
What Digital Supply Chain Initiatives and Technologies Companies Are PursuingMichael DominyBharti KhilnaneyDiksha Yadav
Fortunately, through the use of digital technologies such as blockchain and RFID sensors, supply chain managers can now obtain an accurate and irrefutable record of all the products and suppliers along the entire supply chain journey. What is a circular supply chain? In a circular supply chain,...
The future digital supply chain The supply chain is no longer just an efficient maker and mover of goods; it’s now required to be a principal driver of business growth. Resilience is also critical, as future supply chains must manage ongoing disruptions. Sustainability is vital, too, so that...
Digitization: A word that’s even harder to define than it is to pronounce. Everyone’s talking about the need to “digitize” global supply chains. So what exactly do they mean? One gets a vague sense of automating manual processes, but what’s really required to achieve digita...
Coca-Cola uses blockchain, the digital ledger technology, to record the work of local residents collecting waste in certain African communities. The goal is to learn if waste (cans, bottles, and other packaging) has already been recycled or reused, which helps the company report more clearly ...
The work doesn’t stop as soon as the AI has been implemented. An AI system at a global scale is complex and requires supply chain planners to constantly stay on top of how the tools are performing and fine-tune as needed. AI risks ...
A nonce is a number that a computer generates as it does the work of cataloging the rest of the block's data. Achieving the nonce for a block generates a timestamp, just like the timestamp on a digital photograph. The nonce that ends one block doubles as the hash that starts the next...
It is important to acknowledge that the German Supply Chain Due Diligence Act will have a cascading effect. SMEs that may not be in-scope are still expected to be affected in the coming months and years, because larger firms will likely pass on due diligence obligations imposed on them by ...
During a recent Gartner survey about overcoming the barriers to digital execution, nearly half of respondents (48%) stated that the primary objective of their digital investments is to improve the customer experience (CX). DIS will be critical to ensuring that CX isn’t compromised by defects, ...