News

Blockchain in Manufacturing: Opportunities and Threats

March 18, 2019

The manufacturing sector, which has made a truly remarkable comeback throughout the globe, has an exciting future. Blockchain technology not only promises to bring lucrative opportunities to manufacturers—but also certain threats that companies should be aware of before diving deep…

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Manufacturing: New Frontier for Blockchain Technology

February 25, 2019

As a byproduct of globalization, supply chains are becoming increasingly complex and difficult to manage. Problems including intellectual property theft, counterfeit products, noncompliance, and product recalls continue to arise among global supply chains that lack visibility and transparency.   Supply…

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Examples of Blockchain Usage in Supply Chains Today

February 13, 2019

Blockchain technology holds a lot of promise for businesses and supply chains looking to increase efficiency and reduce costs. With the effects of globalization, supply chains have become complex—and broken. There has been a lot of noise about blockchain’s potential…

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Five Business Problems That Blockchain Will Solve in 2020 and Beyond

February 8, 2019

Supply chains are grappling with business problems that are not easily solvable without increasing transparency and efficiency. Using a distributed ledger is emerging as one of the best ways to solve these problems. Blockchain technology is an excellent fit that solves the following business problems: 1.…

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Blockchain Helps Supply Chain Management Become More Environmentally Sustainable

January 21, 2019

Blockchain Technology Increases Accountability for All Supply Chain Participants Blockchain technology is emerging as the right solution to solve problems with supply chain transparency or lack thereof. Supply chains are complex global networks of autonomous entities that exchange goods, data,…

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How Blockchain Can Help Increase Inventory Data Accuracy

January 11, 2019

Before seeing how blockchain can help increase inventory data accuracy for manufacturers and distributors, we need to first understand how data inaccuracies hurts business and what causes these inaccuracies. How Inventory Data Errors Hurt Business Inventory data accuracy is of…

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Happy New Year

January 1, 2019

We wish you a very happy and successful New Year. – Your ARXUM team!!

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Happy Holidays!

December 25, 2018

Happy Holidays from everyone here at ARXUM!

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Why Blockchain Is a Great Solution for Order Picking Management

December 21, 2018

Order picking is when warehouse employees pick items off the shelves to fulfill individual customer orders. Although it sounds simple on the surface, order picking is highly labor-intensive and very costly. Order picking alone accounts for 55% of all operation…

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Why Smart Contracts Are Needed to Coordinate the Process Steps in a Supply Chain

December 19, 2018

A supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer (Source: supplychaincanada.org). In commerce, complex supply chains require sophisticated management mechanisms. In this article, we explore wh smart…

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Obstacles to Warehouse Efficiency in the Manufacturing Industry

December 11, 2018

In today’s globalized industrial landscape, it is as important as ever for warehouses to be as efficient as possible. However, there are several factors that warehouses struggle with in terms of maximizing their efficiency. In many ways, blockchain technology can…

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Protection of Intellectual Capital and Property Rights

December 10, 2018

Intellectual capital is the intangible value of a business, covering its people (human capital), the value relating to its relationships (relational capital), and everything that is left when the employees go home (structural capital), of which intellectual property (IP) is…

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