The client is a large logistics service provider for FMCG distribution and catering distribution in The Netherlands for more than 10 years. As a Supply Chain Director, they provide end-to-end supply chain services to their end-customers.
Due to the complexity and lack of transparency of traditional supply chains, the client wanted to introduce and develop Blockchain technology to improve logistics processes in the supply chain, by essentially making them more sustainable.
They faced challenges in managing the flow of information between different entities in logistics. For international businesses with multiple entities and processes to manage, it became more complex.
For Enterprise Transformation, the client wanted to enhance their existing system using Blockchain technology to make the supply chain more secure and improve the transactions and flow of information. The solution features include the following:
Allows tracking of shipments and financial exchanges
The flow of information among entities is smooth and secure
Allows all parties on the chain to receive updated information
Manages the production and shipment
Automated commercial processes in logistics with smart contracts
Store and track all transactions and constituents
Allows easy coordination of documents on a shared distributed ledger, making physical paperwork largely unnecessary
Ensures reliable data in the transport and logistics ecosystem, as the entire network contributes to data validation
Visibility and forecasting for logistics operations
Enabling effective inspection and auditing processes by participants, supervisors, and regulators
Increases the efficiency and transparency of the supply chain and positively affects all logistics processes, from storage to delivery and payment
Improves cost savings by powering leaner, more automated, and error-free processes
Blockchain security – immutable and distributed storage of every transaction
Smart contracts resulting in transparency, fairness and trust
Cost effective, highly efficient and secure system