Blockchain & Global Supply Chain Management
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Topics of discussion Introduction to blockchain
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What is global supply chain management How supply chain management (SCM) can benefit from blockchain
Blockchain & Global Supply Chain Management
1 Introduction to Blockchain A blockchain is a time-stamped series of unchangeable record of digital information that is managed by a set of computers not owned by any single entity. Each of these blocks of information (the "block") are linked and secured using cryptography (the "chain").
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The 3 Main Pillars of Blockchain Technology
Decentralization
Transparency
Immutability
Blockchain & Global Supply Chain Management
THE BLOCKCHAIN IS AN INCORRUPTIBLE DIGITAL LEDGER OF ECONOMIC TRANSACTIONS THAT CAN BE PROGRAMMED TO RECORD NOT JUST FINANCIAL TRANSACTIONS BUT VIRTUALLY EVERYTHING OF VALUE.
Don & Alex Tapscott, Authors of Blockchain Revolution (2016)
Supply chain management involves analyzing and examining each step in the supply chain process and identifying changes to increase efficiencies in the manufacturing process. Global supply chains involve partnering with foreign companies that will be able to help improve supply chain efficiencies.
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Blockchain & Global Supply Chain Management
2 Global Supply Chain Management
The four stages of a global supply chain journey Supplier
Manufacturer
Distributor
Customer
Blockchain & Global Supply Chain Management
3 Benefits of blockchain in supply chain management
Superior data collection, management and analytics Enhanced logistics Enhanced security and scalability
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Thank you!
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