This presentation provides an overview on how Blockchain technology possess the ability to transform the current supply chains into distributed, secure, and scalable chains by adopting Blockchain based Information System.

1. Blockchain – The future of Supply Chain
Made By – Navin Sood
FORE School Of Management

2. Supply Chain Management
• It is defined as theSupply chain management (SCM) is the broad range of
activities required to plan, control and execute a product's flow, from acquiring
raw materials and production through distribution to the final customer, in the
most streamlined and cost-effective way possible.

3. The Gaps in Supply Chain
• Traceability and transparency issues
• Processing documents costs twice the cost of transportation
• Tampering and data breaches
• Delays in supply chain and fraud
• Bull whip effect in supply chain
• Current systems run on centralised server so if service goes out, all
stakeholders suffer.

4. Possible
Solution??

5. Blockchain
• Harmonization-
All the stakeholders in the chain have to agree that each transaction is valid, it could be
payment, warehousing, transport or delivery.
• Record Keeping-
The stakeholders in the chain know where each asset came from, who owned it, and at what
time at all touch points..
• Immutable-
No stakeholder can tamper with an entry in the distributed ledger, supply chain payments
cannot be falsified. Neither can records of inventory, warehousing conditions, delivery times
and dates, and so on.
• Secure-
The chain is secured by SHA256 encryption with multiple copies of same transaction on shared
ledger, therefore it’s very difficult to manipulate information.

6. Information Systems based on Blockchain
• Recording-
The quantity and transfer of assets - like pallets, trailers, containers, etc. - as
they move between supply chain nodes from suppliers and vendors to retailers.
• Tracking-
Purchase orders, change orders, receipts, shipment notifications, or other
trade-related documents on all touchpoints.
• Assigning-
Verifying certifications or certain properties of physical products; for example
determining if a food product is organic or fair trade.
• Linking-
Physical goods to serial numbers, bar codes, digital tags like RFID, etc.
• Sharing-
Information about manufacturing process, assembly, delivery, and maintenance
of products with suppliers and vendors

7. *Source - IBM

8. *Source - IBM

9. • By 2022, at least one innovative
business built on blockchain
technology will be worth $10
billion.
• By 2030, 30% of the global
customer base will be made up of
things, and those things will use
blockchain as a foundational
technology with which to conduct
commercial activity.
• By 2025, the business value added
by blockchain will grow to slightly
over $176 billion, then surge to
exceed $3.1 trillion by 2030.
Opportunity

10. Impact
• Enhanced Transparency-
Documenting a product’s journey across the supply chain reveals its true origin
and touchpoints, which increases trust and helps eliminate the bias found in
today’s opaque supply chains.
• Greater Scalability-
Virtually any number of participants, accessing from any number of
touchpoints, is possible.
• Better Security-
A shared, immutable ledger with rules could eliminate the audits required by
internal systems and processes.
• Minimize Process delays-
Reduce time delays from paperwork, identify issues faster and resolve them

11. Challenges
• Scalability –
Medium and small scale industries have to embrace the new technologies and
go digital so that the system can be implemented globally.
• High power consumption-
To maintain blockchain network, it requires high performing processors to verify
the transactions which consumes a lot of resources although new protocols are
being introduced to manage this, such as, Proof of Stake(Pow), Sharding etc.
• Environment –
Mining activities are adversely affecting the environment, contributing to global
warming.
• Lack of awareness-
People generally think blockchain and bitcoin is one thing.

12. References
• https://www.ibm.com/blockchain/supply-chain/
• https://www2.deloitte.com/us/en/pages/operations/articles/blockch
ain-supply-chain-innovation.html
• https://www.computerworld.com/article/3249252/emerging-
technology/blockchain-will-be-the-killer-app-for-supply-chain-
management-in-2018.html
• https://www.forbes.com/sites/stevebanker/2018/02/22/the-growing-
maturity-of-blockchain-for-supply-chain-
management/#2b3ea4fa11da
• http://www.supplychain247.com/article/why_blockchain_is_a_game
_changer_for_the_supply_chain

13. Thank You