Build a Socially Connected Supply Chain to Thrive Amid Disruption

In conjunction with FleetLocate, a product of Spireon, this webinar focused on the future of trailer fleet technology and what that can mean for your company’s finances.

You might have heard of something called Bitcoin, a digital currency enabled by blockchain technology. But what the heck is blockchain exactly? How does it work? Why should you care? Blockchain is a novel digital information technology that is expected to revolutionize the way transactional data is recorded and stored. And according to the Institute for the Future, blockchain will reinvent how business transactions happen and potentially disrupt all parts of the supply chain and logistics in every sector over the next decade. After we introduce the blockchain technology, smart contracts and an explanation about the difference between “public” and “enterprise” blockchain, some real-life examples of the most important blockchain based projects in transport, logistic and supply chain manangement will be shared.

As a Freight forwarder or a logistics service provider (LSP) you are challenged with high customer expectations, innovative competition and operational pressures. Digitization is the essential ingredient you need to cook up a great customer experience and maintain market share – but what does it really mean?

For sustainable competitive advantage in an uncertain world disrupted by COVID-19, businesses need to have a supply chain that is smart as well as agile. At Nagarro, we see supply chain optimization as a series of decisions that impact upstream and downstream processes. Data-driven approaches leveraging AI can enable organizations to take these decisions effectively and account for uncertainties in multiple areas such as supplier management, demand forecasting, reverse logistics, and order management.