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Introduction: What is Supply Chain Management?

Share on Twitter Print Share by Email Share Back to top In recent years, viral videos featuring a surprising topic have racked up millions of views on social media. Not videos of a celebrity doing something outrageous, a...more

Blockchain for Critical Minerals

Critical minerals, which include rare earth minerals, are generally defined as minerals that are important to supply chains, but difficult to mine and ship due to scarcity, geopolitical issues, trade policy, or a combination...more

Blockchain for Digital Logistics and Smart Warehouses

Blockchain in Supply Chain: Article 11 - Manufacturers spend a pretty penny managing inventory logistics (the management of inbound and outbound flows of goods) and inventory warehousing (the receipt, storage, and...more

Cryptocurrency for Supply Chain Payments

Today’s supply chains are frequently paper-based operations subject to human error and delay. Therefore, some companies are beginning to invest in digital infrastructure, including blockchain tools, to strengthen supply...more

Blockchain for Capital Equipment in a Machine-as-a-Service Model

Subscription-based services, embraced by the software industry as an alternative to traditional models of selling product, provide a steady income stream to providers. Software-as-a-Service, along with the related...more

Not By the Same Token: NFTs in Supply Chain

What do teen digital artists, Tom Brady, Doja Cat, and Foley & Lardner LLP all have in common? They are all trending in popularity for their use of NFTs. Jaiden Stipp is a digital artist, who at only 15 years old sells...more

Get Real: Preventing Counterfeit Product with Blockchain

The counterfeit business is booming. In fact, counterfeit goods account for a whopping 3.3% of global trade and cost the U.S. economy approximately $600 billion a year. The Dangers of Counterfeit Products - Counterfeiting...more

Legal Implications of Blockchain in Supply Chain: What’s Law Got to Do With It?

The advent of new technology brings along with it the murkiness of how the American legal system will treat such technology. Before the rise of blockchain for instance, businesses were uncertain how courts would treat...more

Smart Supply Chains Using Smart Contracts

One benefit of blockchain includes its ability to harness the power of smart contracts. What is a Smart Contract? Although the term “smart contract” sounds like a legal instrument, a smart contract is actually a...more

The Fast Track: Using Blockchain to Trace Products Through the Supply Chain

Many companies need strong supply chain traceability. For the most prevalent tracing challenges, blockchain may provide a formidable solution. Real-World Applications - Using blockchain to trace products is especially...more

The Pros and Cons of Blockchain in Supply Chain

Blockchain has been heralded as a cutting-edge technology that will improve the contemporary supply chain structure by increasing supply chain trust, efficiency, and transparency. However, as promising as blockchain...more

Types of Blockchain: Public, Private, or Something in Between

When a company is formulating a blockchain solution to fill its supply chain needs, inevitably the decision must be made as to what type of blockchain is best suited for the project. Therefore, it is essential to have a...more

An Overview of Blockchain in Supply Chain: What’s the Link?

Managing the supply chain is one of the biggest challenges faced by modern-day global companies. These companies devote a tremendous amount of resources to investigating inefficiencies and identifying areas of cost...more

Blockchain Buzzwords: Common Blockchain Definitions

Throughout the series on “Blockchain in Supply Chain” we reference a number of important blockchain-related terms and concepts. Below is an initial list of blockchain terms used in the articles. We will add to this list as...more

Manufacturing MarketTrends - July 2019, Issue 2

Welcome to issue two of Foley’s Manufacturing MarketTrends newsletter, which highlights key trends with the potential to make 2019 a year of change for manufacturers. In this issue, we will explore collaboration between the...more

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