IBM, Anheuser-Busch InBev, others launch blockchain network; Pentagon sees China-made drug ingredients as security threat

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Reuters reports that IBM and other participants have launched a blockchain network for improving the manual and cumbersome aspects of supply chain management called Trust Your Supplier. Alongside IBM, the other founding participants are Anheuser-Busch InBev, Cisco, GlaxoSmithKline, Lenovo, Nokia, Schneider Electric and Vodafone, according to the article.

Ivalua's procurement software snapshot series available now

Part Three of Spend Matters' Vendor Snapshot series of Ivalua's software platform has just been published today (paywall) on Spend Matters PRO, featuring deep-dive analysis of the firm's procurement technology capabilities with a downstream solution overview.

(Here are Parts One and Two in case you missed them. Parts 4 and 5, on the company's product strengths and weaknesses, respectively, to come soon.)

Keurig. Dr Pepper sets fresh sustainability goals

A year after merger, Keurig Dr. Pepper (KDP) released its first corporate responsibility report as a combined company. The focus is on the environment, supply chain, health and wellbeing and communities.

TraceLink's new digital supply chain assures increased visibility for pharma firms

The cloud-based TraceLink Networks recently set up a new digital supply network, which it assures will improve collaboration and visibility in the pharmaceutical manufacturing industry supply chain. The network permits pharmaceutical companies and their partners, including suppliers and customers, to collaborate and exchange data.

Pentagon sees China-made drug ingredients as security threat

According to a Bloomberg report, Christopher Priest, acting deputy assistant director for health care operations and Tricare for the Defense Health Agency, told a U.S.-China advisory panel recently that the national security risks of increased Chinese dominance of the global API market "could not be overstated.” He revealed that the National Security Council was looking into Chinese drug manufacturing and trying to identify the most at-risk medications.

Dentsu Aegis Network's Source-to-Pay to change its brands’ procurement process

The Dentsu Aegis Network, a global marketing services group built for the digital economy, has decided to usher in changes in its transformation quest to keep pace with growth. For that, it is bringing in a centralized procurement operation called Source-to-Pay across its entire organization.

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