supply chain

TruTag raises $7.5 million Series C for tiny, edible barcodes that can be placed on pills, food and vaping systems – TechCrunch

TruTag Technologies, a company that creates microscopic, edible barcodes to authenticate medications, food, vaping pods and other products, has raised a $7.5 million Series C. The funding, led by Pangaea Ventures and Happiness Capital, will be used to further commercialize its technology and develop new solutions. Along with earlier rounds, this brings TruTag’s total funding […]

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How AI is Transforming Supply Chain

JDA Software and KPMG LLP recently published a wide-ranging survey regarding supply-chain technology. The main takeaway: end-to-end visibility is the No. 1 priority. But in order to make this a reality, the survey also notes that AI (Artificial Intelligence), machine learning (ML) and cognitive analytics will be critical. Some of the ways in which AI can be used

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Blockchain-Powered Shipping Industry Platform To Dramatically Reduce Costs

Major ocean container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) are joining TradeLens, a blockchain-enabled digital shipping platform, jointly developed by A.P. Moller – Maersk and IBM. With the addition of these carriers on the TradeLens platform, nearly half of the world’s ocean container cargo will be using blockchain technology to dramatically improve

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Ecommerce is a Lot More Than Just Amazon, Says UPS CEO

Ecommerce is a lot more than just Amazon, says UPS CEO David Abney at the Davos 2019 conference. Abney says that their focus is really on helping small and midsize businesses compete with the bigger players by enabling them to offer two-day shipping. UPS recently introduced a product called Ware2Go which matches businesses with warehouse

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5G Will Launch in 2019 Starting in the US

Nokia CEO Rajeev Suri says that the company will start to launch 5G in 2019 and 2020 starting with the United States followed by Japan, South Korea, and China. He says that the rollouts have already begun with actual 5G launches next year. Rajeev Suri, President, and CEO of Nokia discussed the company’s 5G rollout

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It’s an Amazing Time To Be a Consumer… Every Day is Black Friday

The CEO of United National Consumer Suppliers, Brett Rose, says that it’s an amazing time to be a consumer because every day is Black Friday. Rose predicts that this is going to possibly be the biggest Q4 in our history. Brett Rose, CEO of United National Consumer Suppliers, discussed Amazon and ecommerce in an interview

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FedEx CEO Says Amazon’s Own Delivery System Will Take Business From USPS, Not FedEx

Fred Smith, founder, and CEO of FedEx told Bloomberg this morning that they don’t see any negative impact from Amazon doing more of their deliveries themselves. Smith says that the biggest entity that will lose business as Amazon implements its own delivery force is the US Postal Service: “I don’t think it (Amazon’s split HQ

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