Samsung: Another Blockchain Convert

Samsung: Another Blockchain Convert

Samsung Electronics Co. is planning to cut shipping costs by 20% with the use of a blockchain ledger system to track its global shipments.  The blockchain system reduces documentation costs, shipping paperwork, and time to coordinate with port authorities.

(Check out previous OM in the News posts on blockchain’s use in increasing food safety and transparency, and reducing counterfeit goods and forced labor.)

This post is based on the Bloomberg article, Samsung Jumps on the Blockchain Bandwagon, by Sam Kim, April 15, 2018. Image source: Shutterstock / Gorodenkoff.

Discussion Questions:

1. What benefits does the blockchain ledger system have for Samsung’s global operations?

Guidance: This ledger system will enable Samsung to track global shipments worth tens of billions of dollars a year, cut shipping costs by 20%, reduce lead time between product launches and shipments, and better respond to competition and customer demand.

2. What impacts does blockchain have on information management in manufacturing supply chains?

Guidance: Transactions are recorded, verified and shared more securely, efficiently, and cost effectively.

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End of the Great KFC Chicken Shortage of 2018?

End of the Great KFC Chicken Shortage of 2018?

April 30, 2018

Have you been following The Great KFC Chicken Shortage of 2018? See previous OM in the News posts (KFC’s Chicken Shortage and What the Cluck Happened to KFC?) for more of a background, but to recap: In February 2018, KFC was forced to close over 700 restaurants in the United Kingdom due to a shortage of chicken.  The problem resulted from switching suppliers from Bidvest to DHL and Quick Service Logistics (QSL).

Two months after the shortage, problems continue.  As of April 21, 2018, approximately 400 of KFC’s 900 UK restaurants have a full menu in place.

That leaves approximately 500 restaurants with a partial menu, and KFC is predicting 98% of the menu will be available by early May.

According to a spokesperson from Bidvest (the original and now-rehired supplier). “Every KFC restaurant that Bidvest Logistics services will be on full menu from Tuesday, April 24.” DHL did not respond to a request for comment.

This post is based on the Telegraph article, Less Than Half of KFC Sites Have Full Menu Months after Delivery Fiasco, by Bradley Gerrard, April 21, 2018. Image source: Dima Fadeev/ 123RF.

Discussion Questions:

1. What sort of Continue reading

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