Archive for blockchain

Supply Chain Blockchain Applications Won’t Work Without Data Standards!

Blockchain provides one mechanism for sharing information between supply chain trading partners. Because of the IT security, unchangeable records, and decentralized governance, the technology is getting a lot of attention.  But just as clear thinking depends upon carefully defining terms, effective supply chain collaboration requires a defined vocabulary. Business is just easier when you speak the same language as your customers, suppliers and partners. GS1 is the leading provider of these standards. GS1 is a […]

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Blockchain Proof of Concepts Highlight Supply Chain Use Cases

Many proof-of-concept trials are demonstrating potential business benefits for the participants.  ARC has examined 24 pilot programs in the aerospace, automotive, chemical, food & beverage, logistics, mining, oil & gas, pharmaceutical and power industries.  By examining these PoCs, the primary goal in terms of business value could be determined for each one.

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2019 is the Year for Blockchain in Supply Chain Management, but Will it Have Legs?

Starting in September 2019, Walmart will require suppliers of fresh, leafy greens to implement real-time, traceability of products back to the farm by participating in the Food Trust Consortium. The Food Trust consortium, run by IBM, is focused on using Blockchain for Supply Chain technologies.

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Why the Food & Beverage Supply Chain Desperately Needs Blockchain

The Supply Chain from farm to table continues to increase in complexity with pressures from changing customer interests, regulatory controls, and global competition.  Blockchain can aid in assuring a secure way to achieve traceability.

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Blockchain Gains Traction in the Food Supply Chain

12 of the world’s biggest companies, including Walmart and Nestlé, are building a blockchain to remake how the industry tracks food worldwide. The group is focused on solving the traceability problem is known as Food Trust. There are many initiatives using Blockchain. This initiative is further along than any other.

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This Week in Logistics News (June 23 – 29)

The group play stage of the 2018 World Cup is over and the tournament has moved on to the knockout stage, where the remaining 16 teams will play a single elimination tournament. Notice I said remaining 16 teams and not the best 16 teams. This is due to the somewhat unfair nature of the random draw, where some groups are simply more difficult to advance through. There were certainly some surprises and amazing moments from […]

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Blockchain: The “Building Block” of the Supply Chain of Tomorrow?

Supply chain analysts are far more caustious concerning the maturity of blockchain for business applications that the broader tech community. Perhaps too cautious. One day after analysts appeared on a HighJump panel on this topic, an article appeared in the Wall Street Journal that claimed that 1.1 million items from Walmart are being tracked by blockchain, helping the massive retailer trace these products journey from supplier to store.

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The Growing Maturity of Blockchain for Supply Chain Management

Technical issues with blockchain for supply chain applications have been largely eliminated. The technology is being widely tested in pilots and proof of concepts but is not yet in every day usage. Experts predict that 2018 will be the year this changes.

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Lots of Noise around Blockchain in the Supply Chain, But Lots of Challenges

From a cybersecurity perspective, blockchain offers great advantages. The technology is being investigated for a variety of supply chain applications. But there are also challenges.

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Will Blockchain Technology Revolutionize Supply Chain Applications?

Building unbreachable supply chain applications is virtually impossible. So it was with great interest that I listened to how blockchain technology could be used to create robust tendering and visibility that can be wholly trusted.

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