As sustainability becomes a greater strategic agenda topic and has reached the boardroom of many organizations, it is only a matter of time before the blockchain’s capabilities will become table stakes.
Future product plans include leveraging advanced analytics, Internet of Things (IoT) data, machine learning, statistical learning, voice recognition and mobile applications to improve network utilization, reduce waste and provide real-time shipment visibility.
February 26, 2019
UTXL, Inc., Kansas City, Mo., launched Haul Street Inc., a new Indianapolis, Ind.-based cloud-based software company featuring VuTrans in-transit shipment visibility tools.
55% are more likely to shop at a store with self-checkout vs. a store without, and 57% will choose a store offering automated returns to avoid human interactions and speed the process.
February 8, 2019
Nearly 32% of consumers are likely to shop at a store offering an augmented reality (AR) experience over a retailer that doesn’t offer AR and 29% would like a virtual reality (VR) experience as part of their shopping environment, according to a study released by BRP, Boston.
The partnership will use Smartrac’s RFID tags and Smart Cosmos, the company’s IoT solutions platform, to assign physical items a digital identity.
January 29, 2019
Citizens Reserve, Los Gatos, Calif., announced a partnership with Smartrac Technology Group, The Netherlands, to implement Citizens Reserve’s SUKU blockchain solution to improve the track and trace of goods from supplier to retailer.
As a growing number of consumers research, purchase and engage with brands digitally, it will likely become imperative for consumer product companies to adopt newer technologies, or risk being outdated.
January 24, 2019
Deloitte, New York, released its 2019 Consumer Products Outlook report, which explores the biggest technology-driven trends in the industry.
The $300 million investment will employ technologies designed to address a diverse customer base, including e-commerce and omni-channel challenges.
January 24, 2019
DHL Supply Chain, a Westerville, Ohio-based division of Deutsche Post DHL Group, announced plans to deploy emerging technologies in 350 of its 430 North American facilities and transportation control towers.
By 2030, new emerging traceability technologies like IoT sensors, blockchain and food-sensing technologies could reduce food loss by 85 million tons.
January 23, 2019
Aiming to address global demand for food, The World Economic Forum, Switzerland, released “Innovation with a Purpose: Improving Traceability in Food Value Chains through Technology,” a report that investigates the role of disruptive technology applications capable of effectively tracing inefficiencies in food value chains.
Check out the March edition of Refrigerated & Frozen Foods: Top 150 Frozen Foods Processors Report, best food safety practices, the future of blockchain technology, solar powered solutions, and much more!