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Published byAnil Abraham Modified over 5 years ago
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Supply Chain Transformation using Blockchain
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Business Challenges: Beyond ERPs Complex Supply Chain and Participants According to Shipping company Maersk : One shipment of refrigerated goods from East Africa to Europe can pass through roughly 30 people and organizations, with more than 200 interactions among them Mislabelled Food items and Medicines- Habitat to Market According to CDC, it took more than two months to identify the farm source of contaminated papayas in a 2017 salmonella outbreak According to WHO,Worldwide, one-in-ten people fall ill—and roughly 420,000 die—due to contaminated food Revenue Growth, Profitability, Customer Management Operational Productivity, Efficiency Analytics, Government Regulations Vendor management, performance assessment Automate business and accounting process Customer Service, CSAT, Complaints Management
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Dynamic and Challenging Supply Chain : Price Service/QualityCredibility Reliability TransparencySustainability Compliance Fair TradeTraceability Commercial Cash FlowReconciliation
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Blockchain++ (IoT and AI) Triggers and rule based action : Cold storage medicines and food Traceability: OEM/Manufacturer to end consumer, identifying where the supply chain breaks down FDA compliance: Improve consumer safety and prevent counterfeit medicine Traceability : Every time a product changes hands, the transaction could be documented, creating a permanent history of a product, from manufacture to sale and after sales support
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Pharma Supply chain Example Advantage Blockchain: Ledgers updated automatically on multiple sides Traceable and In-transit Tracking Inventory Visibility and ATP Low cost of resources/computing power to validate and reconcile Transparent and auditable, visible to authorized participants Better Compliance Reliable, no single point of failure, immutable and irrevocable Faster transaction settlement Manufacture/SupplierWarehousePharmacy/HospitalsPatientsExpired/Purging
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sanjay@qtcplus.com Thank you!
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