The Supply Chain Challenge:
Supply-Chain Management (SCM) has been causing headaches at least since the first Silk Road trade routes were established in China in 207 BC. Provenance, predictability, transparency, timeliness, coordination, in-transit tracking – not to mention theft, loss, tampering, and shrink.
What if there were a way to establish an encrypted, indelible, shareable ledger that could be used to track every package, parcel, product, and part?
What if it were possible to track back every item to the place where it was produced, and access information about every person, process, and policy that contributed to that product’s production — in real time?
What if you could automatically detect patterns, trends, and anomalies in the supply chain – and be automatically alerted to potential dangers, delays, and friction — while simultaneously surfacing insights for optimization?
SmartChain automatically detects patterns, trends, and anomalies in the supply chain and automatically alerts you to potential dangers, delays, and friction while simultaneously surfacing insights for optimization.
SmartChain combines Blockchain technology, SQL/NoSQL Databases, and AI-Enabled querying capabilities to provide you with previously unimaginable insights and controls. This encrypted, indelible, shareable ledger tracks every package, parcel, product and part back to the place where it was produced — with access information about every person, process, and policy that contributed to that product’s production — in real time
Performance Optimization – AI-Enabled tools monitor and analyze past performance to identify trends and opportunities for improvement.NoSQL DB dramatically increases query efficiencies.
Touchpoint History – Maintains an indelible, instantly auditable record of every interaction, from the factory floor to final delivery.
Improved Efficiencies – With full transparency on weight and dimension requirements, shipments can be consolidated and more accurately projected and scheduled.
Perfect Transparency – By providing tiered data access to authorized personnel, all needed transaction, transportation and provenance information can be instantly accessible and visible to all relevant parties. Nothing is done in the dark. Nonrepudiation ensures the authenticity of every aspect of every transaction.
Provenance Proof – Every shipped good can be assigned a digital passport that proves its authenticity and establishes its provenance. Nearly infinite data can be appended, including where/when the product was made and what steps and stops it took throughout its journey, as well as who worked on what/where/when.
Smart Contracts – With smart contracts, agreements can be automatically validated, signed and enforced through the enabling Blockchain construct, saving considerable time and money.