Blockchain Remodelling Supply Chain
A recent leading industry report has suggested that by 2025 blockchain will be used worldwide by mainstream businesses, as it aims to change supply chain management with transparency, traceability and cost savings.
The study claims that the distributed ledger technology will usher in a new era of trust, as it dominates manufacturing as well as consumer products and retail industries.
Blockchain, which was first associated with Bitcoin and cryptocurrency, enables information to be delivered securely, faster and more transparently. The technology can be applied to critical supply chain functions, including tracking production and ensuring regulatory compliance.
The UK and France currently lead the way with implementation of blockchain in Europe, while the USA is taking the lead in terms of funding blockchain initiatives.
The report concluded that blockchain transformation will mature in 2025, as organisations integrate the new technology and establish policies for privacy and data management.
The Supply Chain Academy offers a masterclass that focuses on innovation such as blockchain. The programme is designed to give you the latest techniques in strategic innovation, to maintain your business’s competitive edge as it adapts and grows.
Find out more HERE.
Supply Chain News from the Supply Chain Academy. The only learning resource centre focused solely on the subject of supply chain, for more information call 01708 259450 or email info@supplychainacademy.org.uk
Don’t forget to follow us:
Follow Us:
Brexit Event
Join us for an informative event on how to prepare your business for Brexit.
Accelerate Innovation Masterclass
The latest techniques in strategic innovation, maintain your supply chain’s competitive edge
More News…..
Featured Courses Feb/March
Below is a small featured selection of CP Training’s outstanding business led courses for February and March 2019, these are just four of many running. Aimed at managers and aspiring managers, CP Training Services have been the go-to specialists for supply chain...
Managing A No Deal Brexit
UK members of parliament will be voting on the government's Brexit plan for a deal with the EU next week, and it is widely predicted that they will vote against Theresa May. A 'no' majority will surely move us further towards the chance of a 'no deal' or 'hard'...
Merry Christmas From The Academy
Don't forget to follow us: Follow Us: ...