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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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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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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