The entire global supply chain is evolving rapidly with regards to technology. Gartner forecasts that over 20.4 billion connected things will be in use worldwide by 2020. Moreover, Gartner further predicts that more than half of major new business processes will incorporate some element of IoT. Supply chain ecosystems are one of the biggest beneficiaries […]
Product recalls owing to faulty batches of products, defective parts, contaminated batches and other defects hurt just about every manufacturing sector and cause often massive losses. Not only does the recall process cost companies big bucks, it impacts the brand credibility amongst consumers. According to the Grocery Manufacturers Association in the US, the financial impact […]