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How blockchain, CRM and trade finance are transforming supply chain management

CGI

How blockchain, CRM and trade finance are transforming supply chain management. To me, this is a literal example as to how blockchain technology is hitting the transportation and logistics industry like a Mack truck – but in a good way. Next, let’s examine the traditional process behind this picture, before blockchain.

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4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

Outside consumer demand for traceability, new regulations may make it imperative for some businesses: the FDA’s Food Safety Modernization Act (FSMA) Rule 204 requires food companies that manufacture, process, pack or hold foods on the Food Traceability List (FTL) to use traceability systems and follow new record keeping requirements.

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Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

Here’s how companies are using different strategies to address supply chain management and meet their business goals. It can take many forms, from automated warehouse systems that pick and pack orders, to blockchain-based smart contracts to software that automates purchasing and invoicing processes.

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Building a sustainable automotive supply chain

IBM Big Data Hub

For example, the chip shortage has been a call to action for both original equipment manufacturers (OEMs) and suppliers. Supply shortages can lead to line outages, manufacturing delays, out of stock issues and lost revenue.

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iFoodDS and IBM forge new path to food safety with IBM Food Trust™

IBM Big Data Hub

This new regulation requires food companies that manufacture, process, pack, or hold foods on the Food Traceability List (FTL) implement traceability systems and new record keeping requirements. This allows companies to meet the requirements of the rule while providing visibility to help them run their supply chains more efficiently.

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Improving supply chain resiliency in the industrial sector

IBM Big Data Hub

This is not only impacting the sector’s ability to meet consumer expectations by delivering the products customers need when they need them. Improve visibility across manufacturing, operations, and distribution Orchestrate your end-to-end supply chain with a smarter control tower. Optimize your maintenance inventory.

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The Week in Cyber Security and Data Privacy: 20 – 26 November 2023

IT Governance

Enforcement ICO gives UK’s top websites 30 days to meet cookie requirements The Information Commissioner has issued a statement, threatening enforcement action to the companies running the UK’s most-visited websites unless it meets its legal requirements on cookies within 30 days. The updated data point is italicised in the table.