/PRNewswire/ The "The Home Depot Inc. - Digital transformation strategies" company profile has been added to ResearchAndMarkets.com s offering. This report.
Blockchain in Supply Chain: Article 11 - Manufacturers spend a pretty penny managing inventory logistics (the management of inbound and outbound flows of goods) and.
Blockchain is a distributed ledger that stores immutable data, shared by participating blockchain network members. A manufacturer can use blockchain to record and view transactions at every step in the supply chain.
This uncertainty manifests in many areas. As supply chain leaders pursue network resiliency and flexibility, they often add new, relatively unknown supply chain partners. Blockchain s unique capabilities can ensure commercial trust for transactions within these increasingly distributed networks.
GSCI conducted dozens of case studies and interviews with leaders from a broad range of industries to discover the current benefits and limitations of blockchain. The paper breaks down the terminology and structure of the technology and helps supply chain management professionals understand how blockchain can be used, how organizations are using it and how to know if it will support their organization.