Supplychain Management

Supply chain challenges in the legalized cannabis industry are always in flux due to the ever-changing regulatory environment. Businesses engaged in the legalized cannabis industry constantly face the challenges of improving digital efficiency, lowering risks, and navigating complex logistical situations that could lead to excess costs. The cannabis industry is…

The supply chain industry has long been plagued by inefficiencies, delays, and lack of transparency. But with the emergence of blockchain technology, there is now a viable solution that promises to streamline supply chain operations, reduce costs, and enhance trust among all participants. …

Introduction Blockchain, the underlying technology behind cryptocurrencies such as Bitcoin and Ethereum, has the potential to revolutionize various industries by providing secure, transparent, and decentralized solutions. In recent years, innovators have recognized the potential of blockchain technology for social good, addressing global issues such as poverty, climate change, and inequality. …

Port Congestion is one of the biggest challenges that supply chain executives face. Shipping delays and other issues caused by port congestion amidst the peak of the Covid-19 pandemic have cost businesses billions. Many ports across the world cut their workforce during the COVID-19 pandemic to prevent transmission. This magnified…

Before we discuss the common misperceptions about Oracle Exadata, what is Oracle Exadata? Oracle Exadata is one of the three engineered systems of Oracle Engineered Systems. It is a powerful and feature-rich platform designed to enable organizations to manage and optimize their databases, lower costs by up to 40%, and…

Morpheus.Network is a blockchain-based platform for supply chain management. It provides solutions for automating, optimizing, securing, and streamlining global supply chains. By utilizing blockchain technology, Morpheus.Network aims to improve supply chain transparency, reduce fraud, and increase efficiency. The platform is built to provide real-time insights into the supply chain, which…

Supply chain risks are a critical concern for companies that rely on a network of suppliers and partners to produce and deliver goods and services. These risks can lead to disruptions in the supply chain, which can result in delayed shipments, increased costs, and lost revenue. …

Artificial Intelligence (AI) is no longer a futuristic concept reserved for science fiction novels, but a technology that is rapidly changing the way industries operate. From healthcare to finance, AI is being implemented to improve efficiency, accuracy, and overall performance. …

Often referred to as the Payment Remittance Advice, the Order Remittance Advice or simply The Remittance Advice, the EDI 820 informs the supplier that the retailer has received an invoice, otherwise known as the EDI 810. What Information is in an EDI 820? Good question. An EDI 820 will have the following information: Payer and payee information…