Supply Chain - Reading Assignment

[RCV]

1. Supply chain tracking, easy auditing of supply chain, increase speed of data tracking
2. provide safer products to consumer
3. eliminate expensive and slow auditing of supply chain if an issue arises, protecting of customer.
4. transparency and trust of data.

[Agnie]

1. The motivation was to ensure costumers’ confidence and food safety.
2. It will provide more transparency to the customer.
3. It will give the company a chance to eliminate inaccuracies, track the supply chain and find efficiencies.
4. Missing piece was a shared forum for all participants of the supply chain. where they would be able to see each others transactions and build trust through that.

[ANV81]

1. What is the motivation behind Walmart investing in a blockchain solution?
   I believe the number one motivator is food safety and secondarily to track the supply chain more efficiently.

2. How will this new solution benefit us as customers?
   It would allow consumers to get greater clarity into where their food comes from and what they’re eating.

3. How will this new solution benefit Walmart as a corporation?
   It would protect their consumers, thus building trust. It would also eliminate a paper trail that is inefficiently tracked for a more trustable solution.

4. What was the missing piece in their solution before they found blockchain?
   Transparency and trust, I would imagine, were the greatest things missing from their prior solution.

[sto]

Tracing time transparency and digitalizing

Infected supply can be traced faster and with more accurately making the costumer safer

Tracing time, less paper and spreadsheets and better service

Transparency and trust

[minimull]

• What is the motivation behind Walmart investing in a blockchain solution?

1. Can pinpoint product issues quicker and potentially save lives while ensuring consumer confidence. Would also minimize product loss.

• How will this new solution benefit us as customers?

2. Safer consumer products and direct liability down to the manufacturer and farmers. Better supply service and more transparency.

• How will this new solution benefit Walmart as a corporation?

3. Limit fraud and errors. To get details related to farm origins, factory data, expiration dates, storage temps., and shipping.

• What was the missing piece in their solution before they found blockchain?

4. seeing each other’s transactions and developing trust through an open forum.

[JeremyH]

1. What is the motivation behind Walmart investing in a blockchain solution?
   – The motivation was a critical need to trace the source and journey of spinach that was contaminated with E. coli and which caused an E. coli outbreak that killed 3 people and sickened over 200. This tragedy make it apparent that there was no way to track the source of the contamination so no one wanted to eat spinach and the spinach business and restaurant business were negatively impacted

2. How will this new solution benefit us as customers?
   – Consumers will feel more at ease to know that the source and flow of meats and foods products through the supply chain can be traced and verified and this would make the participants in the system more accountable and the products more safe for consumers.

3. How will this new solution benefit Walmart as a corporation?
   – Walmart will have transparency into the supply chain and be able to trace and verify the source and flow of meats and other food products through the system and on to their customers

4. What was the missing piece in their solution before they found blockchain?
   – The missing piece was a shared system that provided transparency to each participant’s transactions which is needed to foster trust. In other words, a distributed ledger system like a blockchain was missing.

[Crista]

1. What is the motivation behind Walmart investing in a blockchain solution?
A blockchain will provide the transparency about food products that customers are asking for.
2. How will this new solution benefit us as customers?
It will allow customers to better assess the integrity and quality of the products they purchase by viewing the sources of those products.
3. How will this new solution benefit Walmart as a corporation?
It will increase consumer trust, allow the corporation to identify and track potential problems from early stages, and increase efficiency of administration for products that need to be shipped to the. stores.
4. What was the missing piece in their solution before they found blockchain?
It was having a transparent system that customers feel they can rely on.

[Namefake]

1. Increase traceability in an efficient and effective way
2. More transparency for the customer
3. Reduction of effort for tracing goods. Identifying origin of goods in seconds.
4. A shared, transparent and trusted platform, where companies can see the activities

[Crypto_Daddy]

1. To make information on tracking products through supply chain easier and more efficient

2. gives customers better quality information on where the package is from origination to destination

3. makes them more efficient as a company and that means saving money and bigger profits

4. A database thats immutableto keep track of information and allow it to be accessed easily

[laserkavajen]

What is the motivation behind Walmart investing in a blockchain solution?

Tracking the all the details in the supply chain, this results in a more efficient, secure and authentic way to manage the supply chain.

How will this new solution benefit us as customers?

It’s great for us customers to have the possibility to track whatever we buy, check this video if you don’t understand my sentence. https://www.youtube.com/watch?v=bCGqsQl8m2E, Blockchain solution gives trust to us as customers.

How will this new solution benefit Walmart as a corporation?

Reduce unnecessary costs and time for store manager and partners with Walmart, the product quality increase with more transparency.

What was the missing piece in their solution before they found blockchain?

A immutable database which tracking the information in the supply chain and can be accessed by all interest partners of Walmart.

[Dragutin]

1. What is the motivation behind Walmart investing in a blockchain solution?
   -main motivation is food safety
2. How will this new solution benefit us as customers?
   -a supplier of contaminated food can be identified way faster, and the products removed quickly
3. How will this new solution benefit Walmart as a corporation?
   -reduce liability by quickly removing bad food off the shelves
4. What was the missing piece in their solution before they found blockchain?
   -By placing a supply chain on the blockchain, it makes the process more traceable, transparent and fully digital.

[martin-vienna]

1. What is the motivation behind Walmart investing in a blockchain solution?
save time and money and protect consumers from potential food issues (in that order

2. How will this new solution benefit us as customers?

we will also as a consumer be able to trace back where the product is really coming from. And we food will be faster removed from the supply chain if is ie. contaminated. (=safer)

3. How will this new solution benefit Walmart as a corporation?
it will be must faster to trace back issues, safe with this a lot of money in administration and subsequently reduce costs.

4. What was the missing piece in their solution before they found blockchain?
participants can trust each other because the participants can see each others transactions with the blockchain which were before on paper.

[Tiffany]

1. greater transparency, speed in discovering defects along the supply chain including diseases and other irregularities in the food supply and most importantly speed in pinpointing source of defects and removal of those foods from the system.

2. Safer food products.

3. Trust in food supply by customers and more control, visbility and agility to repair issues quickly.

4. Connecting all stakeholders to a system that provided end to end visibility of the supply chain along with irregularties/defects.

[Raf.PV7]

What is the motivation behind Walmart investing in a blockchain solution?

To easily track contaminated food and reduce the risk of reaching the public.

How will this new solution benefit us as customers?

Tracking a contaminated item, before, would take around 7 days. With Blockchain it takes 2.2 seconds.

How will this new solution benefit Walmart as a corporation?

It would have a huge economic impact for them, as they are responsible for the items, they are selling. They can easily get sued and loss millions.

What was the missing piece in their solution before they found blockchain?

The missing piece is that, when you are a big retail as Walmart, you have tons of supplier, plus, all the processes are really manual and they require a lot of paperwork in some cases, specially when items come from overseas. These can cause a lot of delays in tracking the source of the problem.

[Lisalazuli]

1. What is the motivation behind Walmart investing in a blockchain solution?
   Improve supply chain information. Currnyit can take up to 7 days to decipher information about where a product came from, with Blockchain it’s 2.2 seconds. It greatly speeds up access to complicated information about product and where they came from and by which route.
2. How will this new solution benefit us as customers?
   Improve good safety. Help quickly identify a d halt supply line of problem products ie Romain lettuce with e.coki.
3. How will this new solution benefit Walmart as a corporation?
   Improve ability to deliver safe products, thus better reputation and good will among customers. Efficiency will improve as not only can they identify problems faster, but it gets all suppliers into one platform, where currently different supplies use anything from paper systems to more sophisticated systems.
4. What was the missing piece in their solution before they found blockchain? Ability to identify source of problem products or where a product had become contaminated fast enough.
   [/quote]

[Ernesto]

1 To be able to track the details in their supply chain , in order to provide the consumer with product that is safe for consumption.
2.will have more confidence that the food we eat is fit for consumption and free of contamination
3. Cost effective / quality product for the consumer in which Walmart will gain trust from them also and eliminate a lot of paperwork and lawsuits.
4.They could not track and pinpoint where the materials or food came from faster, with that information they could alleviate all that and ensure consumer confidence products

[marc.berchtold]

1. What is the motivation behind Walmart investing in a blockchain solution?

Strengthen customer confidence through transparency and traceability

2. How will this new solution benefit us as customers?

Higher quality of food products through transparency and traceability

3. How will this new solution benefit Walmart as a corporation?

Loyal and satisfied customers = more revenue

4. What was the missing piece in their solution before they found blockchain?

The missing piece was a shared forum where companies could begin to see each other’s transactions and develop trust

[Zachary21]

1. To record a list of transactions indicating how meat has flowed through a commercial network, from producers to processors to distributors to grocers—and finally, to consumers.

2. It gives the consumer more transparency which in turn will give us more confidence in the products we are purchasing.

3. It will help them avoid fraud and inaccuracies with farm origins, factory data, expiration dates, storage temps, and shipping within the supply chain.

4. The missing piece was a shared forum where companies could begin to see each others’ transactions and develop trust. Barcodes and radio ID tags have been the solution up to this point.

[vezuchiy]

1. Supply chain tracking and verification is a vital business concern and key to avoiding future food poisoning cases.
2. Customers might have more transparency into where their food quality and other items are sourced.
3. -Trackable supply chain increase product safety.
   -Save costs on paper admin, establish trust in products.
   -Able to pin point source of problem if poisoning is detected, so early interference could be put in place to prevent further outbreak.

• Build trust with consumers through transparency in product information and quality.

4. A database that identify all the suppliers and provide trust to the customers.

[jostrings]

1. What is the motivation behind Walmart investing in a blockchain solution?
   -This can help them more efficient remove infected food in a transparent and semi trustless manner

2. How will this new solution benefit us as customers?
   We can in seconds on our own verify and follow the whole supply chain on a given product.

3. How will this new solution benefit Walmart as a corporation?
   They will save a lot of time. It can take up to 7 days to trace the source of the food, but now it takes 2.2 seconds

4. What was the missing piece in their solution before they found blockchain?
   -user friendliness for all of the suppliers