Tag: Supply Chain Management

Blockchain for Supply Chains

noohshamsie

Supply chain use cases for Blockchain apply from the origin of monitoring and verification of manufacturing or production, Inventory management & asset tracking, vendor payments to regulatory audit & security functions and its application to the food, pharmaceuticals, automobile and several other industries.  In today’s world, supply chain involves large networks of disparate partners that need to manage through complexity of diverse digital distribution models and global networks. The Blockchain technology is ideally suited for establishing a shared, immutable record of all the transactions that take place within a network,…

Blockchain, Human Rights, and the Supply Chain

Laura Marissa Cullell
Blockchain and Supply Chain

By: Laura Marissa Cullell Marketing & Operations Officer How much do you know about the products you use or buy on a regular basis? Or where your cell phone parts come from? What about the people who made them? Or What materials were used and wasted? The journey of a product is long and vast, and goes through several distributors, third parties, storage facilities, suppliers that handle anything from design, to sales, and productions. A product passes through so many different stages, and hands before making it onto store shelves. It’s…

Blockchain and Agricultural Transformation

noohshamsie

Food Safety is of vested interest for both producer and consumer and to achieve that it is important to have the traceability of provenance for knowing if it is fresh and exactly where it comes from, who grew and processed it. This could also help in preventing fraud, false labelling, redundant middlemen, reducing transaction costs and overcoming some challenges of logistics, especially related perishable food items with shorter shelf life. Sam Mire (2018) mentioned that “linking agricultural shipping and monitoring processes using a shared, decentralized Blockchain ledger adds value to…