We are all quite familiar with supply chain and the way it works. Its basically a set flow of products and/or services which includes all processes that turn a raw material to its finished product. Streamlining of supply and management activities so that supply chain becomes more efficient is of utmost importance to companies so …
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Greater progress has been made in the lubricant industry- but to ensure sustainability, verify and validate materials, eliminate counterfeits, and retain customer loyalty has always been a challenge. The solution lies in having a fully traceable and transparent supply chain for lubricants. Counterfeiting is a significant issue for lubricants as it causes significant damage to …
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With pandemic restrictions and social distancing, most people around the world preferred buying and shopping online while both online and brick and mortar retails revamped their e- commerce. As of 2016, international trade in counterfeit goods had a 3.3% stake in global trade and this steep growth in online usage has only increased counterfeit and …
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The pandemic has proven the medical industry to be a line of defence in any country. While the medical industry is growing what with new technology and research, persisting problems and risk remain or find ways to come back. During the pandemic, we saw a rise in fake/counterfeit medicines circulating that endanger patient safety. Vital …
In today’s world, businesses are at the forefront of digital transformation. With the emergence of effective technologies, the demand for effective solutions has also increased. As a result, they find a need to implement a trustworthy technology backbone to Accelerate digitalization across their business promotion schemes and build an effective loyalty program for retailers, end …
Product serialization and traceability are rapidly becoming fundamental in today’s manufacturing landscape. Since the accessibility of products and information in the market has dropped, unfortunately, activities such as counterfeiting and black-marketeering have risen. But, in today’s technologically advanced world, it is not hard to predict that these illegal activities exist even under normal market conditions. …
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We all know the different ways that cryptocurrencies and NFTs are changing our lives and bringing new technology to the forefront. However, there are other ways that blockchain is impacting our everyday lives and giving innovative solutions to industries like Agriculture and Pharmaceuticals. One such industry its revolutionizing is Food Supply Chain. Supply Chain in …
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For many years, self-driving cars have been the dream of mankind. This concept recently went from being “theoretical” to being “available on the market” due to the incredibly quick advancement of technology. The emergence of autonomous vehicles has improved road safety and efficiency, changing the way people live, work, and play. Enormous processing power and …
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The term “Internet of Things,” or “IoT,” refers to gadgets with sensors that may collect and send data across a network. Practically all industries may examine and utilize the data collected by these devices for a variety of purposes. For instance, the use of IoT in supply chain management boosts logistical effectiveness and minimizes delivery …
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In today’s world, businesses are at the forefront of digital transformation. As a result, they find a need to implement a trustworthy technology backbone to accelerate new business models and reduce the complexities of information management and collaboration with different business partners. With the emergence of effective technologies, the demand for effective solutions has also …
Continue reading “Facilitate a Smarter Way of Doing Business with Revennew”
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