Utilizing Cryptography in Supply Chain & Procurement
In procurement and logistics, cryptography and blockchain technology could help to improve transparency and build trust between third parties.
In procurement and logistics, cryptography and blockchain technology could help to improve transparency and build trust between third parties.
There were 218 non-food consumer product recalls in 2021 alone, and that figure has remained above 200 since 2017
When just-in-time (JIT) manufacturing originated in Japan in the 1970s, resource savings were among the most noticeable benefits.
Robotic process automation (RPA) is revolutionizing the manufacturing industry, but what does it mean for employees and businesses? Automation has been on the rise for several years, but RPA has been especially effective. While it has been largely beneficial to everyone involved, there may be some negative side effects. Only time will tell exactly how…
Some of 2020’s challenges were keenly felt throughout supply chains, and many could result in lasting changes to workflows and processes. Reducing uncertainties while boosting efficiency and shrinking turnaround times requires a set of modern supply chain and logistics tools. That means leveraging automation. Recent events helped drive home the need for a more resilient…
Supply chain management has become an increasingly tech-centric process. Rapid digitization and widespread adoption of technologies like internet of things (IoT) devices have made logistics more efficient than ever but simultaneously introduced new risks. Consequently, supply chain cybersecurity should be at the forefront of your mind. The Identity Theft Resource Center (ITRC) reported a 42…
Supply chains had an unusually challenging year in 2020, one that will likely result in considerable changes. After the Covid-19 pandemic caused massive disruptions around the globe, logistics companies are taking new steps to prevent similar situations in the future. Data analytics is taking center stage amid all this change. Experts predict that the world…
After more than a year of widespread disruptions, supply chain and logistics operations are starting to regain pre-pandemic productivity. About 72 percent of executives surveyed by EY say Covid-19 had an overall negative impact, so the year ahead will be one of rebuilding and growth. It’s the perfect opportunity to improve logistics for any company.…
The Covid-19 pandemic exposed the risks of a global supply chain heavily dependent on offshore manufacturing. For much of 2020, shocks to the system resulted in months-long shipping delays for essential goods like PPE, electronics and medical supplies. The Biden administration has pledged to rebuild U.S. supply chains in a way that prevents critical equipment…
When John Kindervag was a vice president and senior analyst at Forrester Research, he came up with the concept of a zero-trust model for cybersecurity. The typical process of keeping an organization’s network safe was to assume everyone on the inside did not pose a threat. However, zero-trust treats every network user as a possible…
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