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The Future of Cryptocurrency in the Supply Chain
Blockchain and cryptocurrency work together to ensure the safe and effective flow of products across the cold chain, from optimizing supply chain management to managing various cloud platforms. In the stock market these days, cryptocurrency is all the rage. A few months back, Bitcoin has reached $50,000, making it the world’s most valuable digital asset. Tesla founder Elon Musk urged
Controlling Variability in the Supply Chain Network
Everything has changed throughout the advent of e-commerce. However, the resources and processes used to accurately predict e-commerce demand will improve your accuracy regardless of how you do business. Examine how you can increase efficiencies across all platforms even while future-proofing your business. According to a new COVID-19 consumer sentiment survey, almost 3 out of 4 Americans said they’d have
Deal With Supply Chain Disruptions in the “New Normal”.
Despite all the efforts to steer the supply chain through the pandemic’s choppy waters, new threats are on the way. As we move closer to a post-corona virus environment, markets will face new challenges as we move toward a new standard that will impact markets and consumers all around the world. The magnitude and complexity of the problem confronting today’s
Demand and Supply Planning to Succeed in the Post-COVID Era
The increasing complexities of IT supply chains, combined with the threats posed by the epidemic, have turned the IT industry into one in which conventional demand and supply forecasting practices can no longer help maintain vulnerabilities or adapt to dynamic market conditions. Furthermore, the IT industry’s rapid growth in various data sources has necessitated an end-to-end supply chain transformation in
How the Suez Canal blockage raises new threat to the global supply chains?
A container vessel stranded in the Suez Canal, which has disrupted the passage of goods across the narrow river, would place further pressure on global supply chains that are already strained due to rebounding economic activity and tight shipping container supplies. The blockage comes after the coronavirus pandemic and an increase in demand for supplies have already delayed shipments. Salvage
Global Supply Chains (Post-Pandemic World)
The world looked dramatically different as the pandemic of Covid-19 subsided. The supply shock that started in China in February and the demand shock that followed as the global economy shut down exposed vulnerabilities in the production strategies and supply chains of firms just about everywhere. Temporary trade restrictions and shortages of pharmaceuticals, critical medical supplies, and other products highlighted
Global food and beverage industry response to COVID-19
Everyone deserves to have access to fresh, affordable food and essentials, especially in times of uncertainty. With the spread of novel coronavirus (COVID-19) officially becoming a global pandemic, food and beverage industry of all stripes stepped up efforts to get the word out to customers and employees about the measures they are taking in response. This panic driven shopping and
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