By 2023, 90% of blockchain-based supply chain initiatives will suffer “blockchain fatigue” due to a lack of strong use cases, according to “Predicts 2019: Future of Supply Chain Operations,” a study released by Gartner, Inc., Stamford, Conn.

Specright, Inc., Irvine, Calif., announced an $8.8 million Series A round of funding to accelerate product development, grow the team from 30 to 75 employees by early 2020 and expand operations in producing Specification Data Management (SDM) software.

Arviem, Switzerland, launched new Internet of Things (IoT)-enabled services for working capital optimization.

FoodChain ID, Fairfield, Iowa, expanded its service portfolio with the addition of USDA Organic Certifications, powered by SupplyTrak.

Israel-based LogChain completed its first blockchain maritime pilot program, carrying out the first shipment via its unique end-to-end digitized and tamper-proof LogChain platform.

Most retailers (67%) are not leveraging advanced analytics to improve their planning decisions and optimize inventory, according to the 2018 Integrated Planning and Inventory Management Survey released by BRP Consulting, Boston, Mass.

Nearly 85% of U.S. retailers haven’t completed the digitization processes (using a cloud-based platform with real-time visibility and automation capabilities) required to give them full control of their supply chain, according to new research released from Gravity Supply Chain Solutions, Chicago.

Citizens Reserve, Los Gatos, Calif., announced a partnership with Smartrac Technology Group, The Netherlands, to implement Citizens Reserve’s SUKU blockchain solution to improve the track and trace of goods from supplier to retailer.