How Blockchain can enhance Supply Chain Management:

1
How Blockchain can enhance Supply Chain
Management
2
What is the supply chain?

Network of all involved processes in creation of
product
Raw materials to end product
Stages vary depending on product
3
Supply chain management

• Planning and execution of supply chain processes
• Helps optimize all activities
• Enhances cost-effectivity and efficiency

4

• Processes in the supply chain
• Material flow
• Raw materials to end product
• Efficient and damage-free flow

5
Processes in the supply chain

• Information flow.
• Large amounts of data
• Involved middlemen details, payment details, etc.
• Proper management of data

6
Processes in the supply chain

• Finance flow
• Payment should be seamless
• Costs for raw materials, production, logistics,
  etc.

7
Blockchain and Supply Chain Management

• Blockchain is
• Transparent
• Distributed
• Immune to manipulation

8
Role of Blockchain in Supply Chain

• Writing up contracts/agreements
• Tracking
• Payment

9
Benefits of implementing Blockchain

• Reduction in costs
• Automatic processes
• Decreased human intervention
• Increased accountability
• Immutable blockchain records all transactions
• Manipulation of data is impossible

10
Benefits of implementing Blockchain

• Easy tracking of product
• Products and progress can be tracked digitally
• Helps to trace back to the origin of an issue
• Improvement in sales
• Seamless flow of activities
• Better quality

11
Blockchain for Supply Chain Development

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  solutions
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  blockchain-based services
• Visit their website for more information