Blockchain can transform logistics and supply chain management in SA
While blockchain in logistics is not fully matured, it holds huge potential and companies should seek to understand its functionality, value, and tangible rewards
Businesses the world over are still struggling to understand the opportunities and challenges presented by the next-generation technologies of the fourth industrial revolution (4IR), and SA is no exception. Although a lot has been written and spoken about the pioneering technological concepts underpinning the 4IR — artificial intelligence (AI), automation, robotics, the Internet of Things, 3D printing and blockchain — there seems to be a slow adoption of these game-changing production tools by local manufacturing businesses.
This is partly due to the dearth of relevant skills, but largely due to poor understanding of potential derived benefits...
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