Accenture has announced its collaboration with Mastercard, Amazon Web Services, Everledger and Mercy Corps to introduce a ‘circular supply chain’ focusing on creation of a blockchain-based transparent supply chain platform. The platform will use digital identity management and blockchain technology to enable consumers know the complete supply chain journey of products, from start to finish.
Mercedes-Benz, owned by Daimler AG, has partnered with Icertis, a provider of contract management software for enterprise businesses, to launch another blockchain-based pilot project. The pilot will focus on analyzing how blockchain can improve the documentation of contracts in supply chain, thereby helping Daimler to explore better third-party suppliers with greater transparency.
Until a few years back, consumer expectations were much less. Unlike today, they did not mind waiting even for a week or so, to get an order delivered at their doorstep. However, the current scenario is completely different; customers not only give preference to an item’s quality and price, but also their turnaround times. Today, […]
The graduate school for the US Air Force has developed an educational application for supply chain management. The school intends to educate the military professionals on how blockchain can revolutionize the digital infrastructure for future supply chains. The US Air Force Institute of Technology has stated that blockchain will improve supply chain management with digital records.
Malaysia Automotive Institute (MIA) has signed a Memorandum of Agreement with SophiaTX, a blockchain platform. The main aim of the agreement is to use blockchain technologies to improve the supply chain efficiency. Utilizing SophiaTX Blockchain, MIA aims to transform the after-sales and service sectors.
Modern Terminals, a container terminal operator in Hong Kong, has adopted TradeLens, a blockchain-enabled technological solution, for documenting logistics data. The solution is developed by the duo, Maersk and IBM. As claimed, the solution will help in digitizing and streamlining the global supply chain process thereby improving the efficiency.