We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Report examines blockchain opportunities and challenges
CSCMP Notebook

Report examines blockchain opportunities and challenges

December 7, 2017
Supply Chain Quarterly Staff
No Comments

"Blockchain," the latest CSCMP Hot Topics report, explores what this emerging technology is all about, how it could be applied in supply chain management, and what challenges may need to be overcome before it can be widely adopted.

While interest in blockchain is gaining momentum, many people are still at the initial stage of simply trying to understand what the technology is and how it can be applied in supply chain management. The report's author, Shari Diaz, ecosystem and innovation leader with IBM Watson Supply Chain, defines blockchain as a shared digital ledger that holds records of business transactions in a way that makes them accessible and visible to multiple participants in a network while keeping them safe and secure. She identifies four main characteristics of blockchain technology: shared visibility, privacy, smart contracts, and trust/consensus.

At its core, Diaz writes, blockchain brings together partners that are willing to collaborate to address inefficiencies. But the report also looks at where blockchain adoption can provide the most value to supply chain organizations—beyond making basic end-to-end transactional processes like order-to-cash and procure-to-pay more efficient. It also offers a short list of questions supply chain professionals can ask themselves before deciding to invest in blockchain processes and technology.

According to Diaz, blockchain is without doubt coming to supply chain management. Are you ready? If not, this report can help you take the first step toward preparing for the future.

To access the "Blockchain" Hot Topics report, click here.

Technology
  • Related Articles

    MIT report examines predictive analytics in supply chains

    New CSCMP report explores blockchain and data sharing

    Auto-id industry association to study blockchain potential

Recent Articles by Supply Chain Quarterly Staff

Energy price swings pressure businesses to change their spending priorities

Maersk’s VC arm backs inventory drone startup Verity with $32 million

Survey: most Americans unaware that truckers face shortage of parking spaces

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Survey: most Americans unaware that truckers face shortage of parking spaces

  • Best practices in logistics sustainability

  • Postal Service plans to seize items mailed with fake stamps

  • Supply chain executives not yet seeing expected results from technology investments

  • Inflation drops again as interest rate hikes hit home, NRF says

Featured Video

20221107korber large vs

Enhancing Customer Experience with Your Supply Chain Strategy

Viewer Contributed
With the rise of e-commerce, many businesses have had to transform their warehouses to handle online orders in addition to regularly scheduled inventory shipments. This means warehouses need more information than ever before to ensure they can meet customers' needs. As a result, companies need to select warehouse...

FEATURED WHITE PAPERS

  • Guide to Pallet Rack Safety

  • 3PLs: Complete Orders Faster with Flexible Automation

  • A shipper's guide to navigating post-pandemic holiday freight

  • THE NEW WAY TO WAREHOUSE: 4 Innovations in Automation & Robotics to Boost Warehouse Productivity

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing