The education industry has made great strides in the past few years, seeing a tremendous amount of transformations, and catering to evolving...
Historically, innovation has affected the supply chain industry in significant ways.
For example, in 1980, the introduction of PCs resulted in dramatic shifts in supply chain management. Companies progressively adapted PCs for daily operations including- accountability, flexible spreadsheets, effective logistics, etc.
Today, companies need to be more flexible, agile, and responsive to stay afloat in today’s demanding market. With this in consideration, Blockchain in the supply chain - turbocharges the profitability & trustability of most businesses.
This, for many reasons, is an answer to the issues around origin tracking & transparency to dominate the sector. Strong words, but to know how true they are, let’s delve deeper into this.
Does Blockchain solve supply chain problems and increase traceability & trackability? Can we implement blockchain technology into day-to-day supply chain business operations?
These are a few practical questions being asked by supply chain business executives for a long time.
To help you get relevant answers to all the above-mentioned questions, here’s a pictorial view depicting what supply chain management means, what problems and challenges it comprises, and how Blockchain can help overcome all these snags. So, without any further ado, let’s dive deeper.