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NFTs & Supply Chain: What Are The Applications?

SCMDOJO

A good example would be the Rana Plaza Tragedy of 2013. Companies like H&M, Gucci, and Versace weren’t even aware that the Rana Plaza factory was their supplier. At such a time, NFTs will prove their worth. The tokenization system will also improvise how inventories are managed in the supply chain.

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The New Age of Negotiation!

Supply Chain Game Changer

You put time, energy, focus, and emotion into a negotiation, so naturally, you want to come out feeling as if you’ve done a good job, get a good price, or ‘won’. A “100-page-plus document was filled with “supplier shall” statements that detailed FedEx’s obligations and outlined dozens of metrics for how Dell would measure success.

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11 Great Procurement Tools for Manufacturing Companies

Procurement Software

This exciting trend persuaded us that it’s about time we featured an article on these procurement tools specifically. It ensures they know in real time, with push notifications in one platform, all about the latest status of delivery times, any quantity discrepancies and logistical challenges.

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Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

Given the costs of infrastructure development, I suspect these tight capacities to remain for some time and drilling companies will be looking to other alternatives (namely pipeline, truck, or ship) to move oil around the country. This has been a priority of shippers for a long time in order to optimize their supply chains.

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The 10 Hottest Nordic Procurement Startups

Procurement Software

It generates insights on bottlenecks, variants, and cycle times to drive process improvements. Workfellow offers a next-generation end-to-end visibility into workflows, systems usage, and tasks. Pricing is customisable depending on number of users, suppliers and the modules purchased. These all help to drive supply chain impact.

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ThroughPut.ai, FlockScore, ProcurEngine: Three ProcureTech Providers To Watch in 2025

Procurement Insights

As a side note, in a follow-up 2013 and 2023 Procurement Insights post , I talked about companies like Market Dojo, Nipendo, Scout RFP, Tealbook, and several others. specializes in leveraging artificial intelligence to optimize supply chain operations, with a strong emphasis on real-time data analytics and demand sensing.