The region will provide participants in the accelerator program access to a network of industry experts, including Fortune 500 companies, leading supply chain and logistics faculty from the University of Arkansas and business development opportunities.

From new market entrants and go-to-market models, to technology advancements such as artificial intelligence, disruption comes in all forms.

The retailer’s new supply chain effort will create a steady demand for ranchers and feed yards offering stability in the marketplace.

Albertsons, which operates nearly 2,300 stores across the United States, will pilot IBM Food Trust for tracing bulk Romaine lettuce from one of its distribution centers.

Optimally helps foodservice, retail and ingredient operators streamline their dairy supply chain, optimize sourcing strategies and innovate to better serve end consumers.

The study reveals that despite increased understanding and measurement of supply chain’s impact on CX, little progress has been made toward implementing tools or processes to improve outcomes in the last two years.

Only 39% of retailers identified improved analytics as a top priority.

Many companies don’t have systems in place that are able to handle analyzing the data needed to make improvements.

The disclosure includes the list of direct (Tier 1) suppliers, upstream locations and country of origins as well as total volume sourced for each commodity.

The $300 million investment will employ technologies designed to address a diverse customer base, including e-commerce and omni-channel challenges.