Need / Challenges
• Supply chain management can be cash-flow unaware.
• Supply chain optimization usually ignores contract terms.
• Each participant has their own version of the and there is a weak integration between them.
• In case of anomalies, accountability is needed to avoid expensive reconciliation of disputes.
Potential Benefits
• Optimize inventory levels and turns
• Lower transportation and warehousing costs
• Increase trust and visibility across the supply chain by providing a single source of truth
• Reduce legal expenses via self-executing Smart Contracts
• Payments are automatic, condition-based and adjusted for performance.
Short-Term Reality
• Create a shared as the single source of truth
• Upload data into the shared via human or self-managed inputs
• Intelligent actions based on Smart Contract notifications
BUSINESS OUTCOMES
• Increase Trust and Visibility Across Supply Chain: Shared provides single source of truth for all participants.
• Enhance Supply Chain Efficiency and Cost Savings: Greater visibility and data increase opportunities to optimize inventory levels and turns and lower transportation and warehousing costs.
• Reduce Legal Expenses: Smart Contracts with self-executing features enable quick and efficient resolution of disputes.
- Faster, More Intelligent Payment: Payments are automatic, condition-based and adjusted for performance.
With Stezy platform you can build Supply Chain use case seamlessly and you will have choice to choose and the consensus protocol and helps to host securely in your location
For further details please write to contact@stezy.io
Published at Mon, 22 Apr 2019 09:01:57 +0000
