Friday, December 8, 2017

BLOCKCHAIN AND SUPPLY CHAINS

Talking about blockchain for supply chains in terms of tracking products shows both a misunderstanding of supply chain management and an undervalution of blockchain's potential in supply chains.  Tracking is just a various of present track and trace offerings by transport/logistics providers. 

Escalate the thinking of the role of blockchain and supply chain management beyond "transactional". 
  1. Place the transaction in the context of the supply chain with managing purchase orders and creating critical inventory velocity. 
  2. Place it in the context of supply chain risk, mitigation, and chain of custody. 
  3. Place it as a way to integrate the two supply chains--product and finance.  
  4. And more.  The above are just starters.







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