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I have posted a long document on Linkedin (Applying Blockchain in the Supply Chain) describing which blockchain features best apply to the Supply Chain process elements below.
I wish I could post it here on Finextra but I cannot include charts that are integral part of the document.
Hope you will enjoy the reading.
Supply Chain Processes Affected by Blockchain
Procure Materials and Services
Develop Sourcing Strategies
Develop Procurement Plan
Clarify Purchasing Requirements
Develop Inventory Strategy
Match Needs to Supply Capabilities
Analyze Company’s Spend Profile
Seek Opportunities to Improve Efficiency and Value
Collaborate with Suppliers to Identify Sourcing Opportunities
Select Suppliers and Develop/Maintain Contracts
Select Suppliers
Certify and Validate Suppliers
Negotiate Contracts
Manage Contracts
Order Materials and Services
Process/Review Requisitions
Approve Requisitions
Solicit/Track Vendor Quotes
Create/Distribute Purchase Orders
Expedite Orders and Satisfy Inquiries
Record Receipt of Goods
Research/Resolve Exceptions
Appraise and Develop Suppliers
Monitor/ Manage Supplier Information
Prepare/Analyze Procurement and Vendor Performance
Support Inventory and Production Processes
Monitor Quality of Product Delivered
Produce/Manufacture/Deliver Product
Schedule Production
Produce Product
Manage Raw Material Inventory
Execute Detailed Line Schedule
Rerun Defective Items
Assess Production Performance
Schedule and Perform Maintenance
Perform Quality Testing
Maintain Production Records and Manage Lot Traceability
Deliver Service to Customer
Manage Logistics and Warehousing
Define Logistics Strategy
Plan Inbound Material Flow
Operate Warehousing
Track Inventory Deployment
Receive, Inspect, and Store Inbound Deliveries
Track Product Availability
Pick, Pack, and Ship Product for Delivery
Track Inventory Accuracy
Track Third Party Logistics Storage and Shipping Performance
Manage Physical Finished Goods Inventory
Operate Outbound Transportation
Plan, Transport, and Deliver Outbound Product
Track Carrier Delivery Performance
Manage Transportation Fleet
Process and Audit Carrier Invoices and Documents
Manage Returns: Manage Reverse Logistics
Authorize and Process Returns
Perform Reverse Logistics
Perform Salvage Activities
Manage and Process Warranty Claims
Manage Repair/ Refurbishment and Return to Customer/Stock
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Alex Kreger Founder & CEO at UXDA
27 November
Kathiravan Rajendran Associate Director of Marketing Operations at Macro Global
25 November
Vitaliy Shtyrkin Chief Product Officer at B2BINPAY
22 November
Kunal Jhunjhunwala Founder at airpay payment services
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