for Supply chain Management
Let the consumers know the road travelled by their consumables.
The lifecycle of a product in this buzzing world is a fascinating thing. When you purchase a product directly or through any kind of digital platform, it goes through a lot of processes and middlemen. Supply Chain is the system of entities, activities, people, resources, and information involved in the flow of a product or service from the manufacturer to the supplier to the consumer. Blockchain platform for supply chain forms a dynamic tag-team when put into use. The dynamic technology is here to reboot the outdated supply chain system and solve the critical problems in the logistics sector. In a blockchain network, every time when a product shifts from one hand to another, the transaction is documented in the network. Also, this creates a permanent history of the product, right from the manufacturer to the end-user.
We, at Blockchain Firm, aim at replacing traditional processes with blockchain in supply chain solutions to aid transform the trading system and the world economy. We offer trending and innovative ideas to incorporate this budding technology into your business, with a particular focus on logistics. Traceability and transparency are the two fundamental foundations of the supply chain industry. We strive hard to optimize every single business transaction and trading relationship with solidly secure & reliable universal business networks. The results are a greater collaboration, streamlined inventory management, improved asset utilization and more.
The food sector has already begun to implement blockchain in order to create better supply chains and prevent the recurring catastrophe. Food industry giants across the globe are integrating this emerging technology in their supply chain management system.
Blockchain enhances food safety and ensures the consumer with fresher food, thus eliminating the risk of non-fresh food.
Every piece of food is accounted in blockchain and hence there will be less food waste along with an end card to food fraud.
Food producers cannot employ underhand dealings. Blockchain assures customers with original information about their food.
The logistics sector is full of intricate networks of manufacturers, distributors, suppliers, and consumers. Blockchain in supply chain logistics provides a shared setup to soothe workflows along with easing the auditors with enhanced vision of participants’ activities.s
Blockchain is capable of reducing costs and enhancing the customer experience via transparency, traceability, and tradeability.
Blockchain puts a full stop to human errors since all the records are digitally stored and also the product flows are digitized.
Once data is registered on the blockchain network, it’s open to the public and authenticity can be verified by all participants.
Understanding the client’s requirements is the primary task and we do it whole-heartedly. We do provide a formal document to the client once the necessary requirements are gathered completely.
We analyze the current blockchain trends and design a framework that best suits your business. We’ll also have a formal discussion with the client to plan the roadmap of the project.
Next is the development stage where all the requirements are put together to build a sturdy product. When the software enters the implementation phase, it’ll be ready to install & go live.
Testing the product in various environments to validate its outputs, behavior, and the way it operates. After the client’s approval, the product is released in a real-time environment.