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Blockchain Within The Supply Chain

Editor’s Note: Today’s blog is from Kevin Doubleday who discusses the importance of blockchain within the supply chain.Current Supply Chains don’t operate at the cadence of business. Integrating Blockchain within the Supply Chain could change that.When we are asked about “killer” use cases for blockchain within enterprise systems, Supply Chain is the usual suspect — and for good reason.

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Blockchain Technology in Transportation Management

Let’s talk about Blockchain technology in transportation management. Blockchain tends to be synonymous with cryptocurrencies, but they aren’t equivalent. Rather, it powers cryptocurrencies through digital ledgers. These ledgers track assets, such as money, foodstuffs, and other products, recording them chronologically and distributing them democratically.

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Intelligent Supply Chain Management

Intelligent supply chain management can reduce costs, improve profitability, and enable competitive advantage for your organization.
From the Blockchain in Trucking Alliance (BiTA) to the use of the internet of Things, explains i-Scoop, intelligent supply chain management is changing the game for traditional warehouses, retailers, consumers, and employees alike.

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Advanced Supply Chain technologies

The type and capabilities of supply chain technology is expanding, and technology will only grow more important in effective supply chain management in 2018. From the increased demand to data-driven decision-making through the industrial Internet of things (IIoT) to the use of cloud-based technologies, supply chain technology will advance light years in the coming months.

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Top Supply Chain Trends

Supply chain leaders will face 2018 with uncertainty and opportunity. Digital technologies are becoming more prevalent in basic supply chain functions, and changes in legislation are likely to spur dramatic changes that will result in the need to reevaluate supply chain strategy in both domestic and international locations.