Supply Chain - Reading Assignment

[jernejb]

1. Outbreak of a virus that destroyed trust of customers in food products. Without blockchain tracing of steps in supply chain is more difficult.
2. Increased transparency for consumers. Customers can see origin of the product they are buying.
3. Risk of fraud will be lover, supply chain data will be secured and readily available for all participants. Also some procedures in blockchain that don’t add value could be replaced.
4. Missing piece was a place where all participants in supply chain could share and see each other’s information.

[Itzamna]

1.Making sure their food is safe for consumption. 2. Prevent e.coli outbreaks in 2.2 seconds. 3. save money, industry innovator, prevent lawsuits, etc. 4. Bogged down in manual processes, digitalization was the missing piece.

[waka]

1. Most supply chains are bogged down in manual processes. This makes it difficult and time consuming to track down an issue should one like the E. coli romaine lettuce. By placing a supply chain on the blockchain, it makes the process more traceable, transparent and fully digital.
2. Customers will have a more transparent supply chain and safety throughout the entire supply chain is increased.
3. The process of tracing food throughout the supply chain can be reduced from a week to a few seconds.
4. The one step up and one step down model restricts each participant in the supply chain to only look one step ahead for its producer and one step down to its consumer. Traceability is very restricted, but thanks to the blockchain transparency is expanded to the entire supply chain for each participant.

[scornkrypto]

1. What is the motivation behind Walmart investing in a blockchain solution?
   Contaminated food.
2. How will this new solution benefit us as customers?
   This will provide more transparency on the origin of a product- where and how a product came to be.
3. How will this new solution benefit Walmart as a corporation?
   The ability to trace items- system efficiency: Improved collective resource utilisation, including quicker responses, improved tracking and tracing and early problem detection.
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 others transactions and develop trust.

[chrismop]

1,
Making sure for more transparency, giving to customer more trust and make it better to trace mistakes

It will give you mare trust in the supply chain because everything is more transparent.

It will build op trust in your company and it will make the process from the supply chain go much smoother. Mistakes are faster found on no more unessecary

There was a shared forum where companies could begin to see each others’ transactions and develop trust

[Ag9]

1. What is the motivation behind Walmart investing in a blockchain solution?
   main motivation is to be able track product and identify damaged product more easy.
2. How will this new solution benefit us as customers?
   More transparency and also less possibility to buy dangerous products
3. How will this new solution benefit Walmart as a corporation?
   Less risk, more transparency and. more buyers
4. What was the missing piece in their solution before they found blockchain?
   was hard to track actual product from where it comes and all shipment chain

[Hello2]

1 Walmart would be able to follow the supply chain of product that are being subjected to counterfeiting or stored incorrectly
2 could trust that the product are genuine and safe
3 It will help with trust in the brand and avoid possible health issues for customers
4 The lack of trust or knowing if the supplier before you in the supply chain sourced the goods correctly and handled the product in the correct way.

[KcDevDude]

1. To better improve their food safety standards.

2. Easier to track and manage the suppliers of where the food is coming from.

3. It will probably produce less waste and latency time of getting the information from the supplier. & days to 2.2 seconds. So if there is a bad product they need to recall they can do things like that more efficiently and will know exactly which supplier it is coming from.

4. Digitizing the food supply chain process so they could share the information with the different suppliers in a particular supply chain.

[Sgtcrypto]

1. What is the motivation behind Walmart investing in a blockchain solution?
   For supply chain information tracking and accountability.

2. How will this new solution benefit us as customers?
   Reliable and transparent tracking of the food supply is the benefit.

3. How will this new solution benefit Walmart as a corporation?
   It’s easy to set up, more cost effective and will help the Walmart brand to be more open and transparent when tracking infected food items. Great for PR.

4. What was the missing piece in their solution before they found blockchain?
   The missing piece for their solution was, transparency between them and their partners.

[Babsi]

1. the motivation is to build trust btw consumer and Walmart. Todays consumer want more transparency and Walmart wants to secure that. An other motivation is that they can identify much quicker when and where problematic food has been distributed/sold.
2. consumer know where there food originated, how it was imported and if it really contains what it should contain (eg is it really organic food).
3. Walmart will cut cost due to more efficient supply chain mmgt (less paperwork, less frauds,…), problems in the supply chain mmgt can be detected easier, the image will improve due to more trust from the consumer.
4. the missing piece was a shared plattform where companies could see each others tx and build up trust

[Tomahawk]

1. They could track origin of food in order to have more control about it and when some tained food gets into a supply chain and to customers, it is easy to track all tained food and remove it from the market, while the healthy food can stay in the market.

2. Customers will know where exactly does the food come from and they can have more trust in this verified information. Therefore can buy healthier products.

3. Walmart as a corporation gets better overview about their products and if some case with tained food happens, they does not need to withdraw all products, only those with particular origin. Blockchain also helps to cooperate with other corporations in a more effective way.

4. Missing piece was the shared centrum of information upon which they can build a trust with other business subjects.

[FrinaDC]

What is the motivation behind Walmart investing in a blockchain solution?
To improve food safety and increase traceability if problems arise.

How will this new solution benefit us as customers?
When there is a problem it would be easier to trace it back to its place (farm) of origin and solve it. The faster the compromised food is taken off the market, the fewer consumers will be affected.

How will this new solution benefit Walmart as a corporation?
Keep their produce and eventually, products safer, which will help them reduce legal liabilities, improve customer’s trust, and increase overall control over their enormous supply chan.

What was the missing piece in their solution before they found blockchain?
Complete traceable database that covers every product from its origin, thru middle man to the end consumer.

[Lumin8Crypto]

• What is the motivation behind Walmart investing in a blockchain solution?
  To Save lives - People have died in China and other locations because of food contamination.

• How will this new solution benefit us as customers?
  It will improve the safety of the food we eat and provide a faster more efficient means of fixing food safety issues.

• How will this new solution benefit Walmart as a corporation?
  It will help to ensure consumer confidence in the food products sold at Walmart.

• 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 others’ transactions and develop trust,”

[Sergio_Garay]

1. What is the motivation behind Walmart investing in a blockchain solution?
   To make it easier and faster to track down a possible issue in the food supply chain.

2. How will this new solution benefit us as customers?
   The supply chain will be transparent to the customers.

3. How will this new solution benefit Walmart as a corporation?
   Making sure that the food that is sold by them is safe for consumption, and if there is a problem, making auditing the supply chain a trivial activity.

4. What was the missing piece in their solution before they found blockchain?
   Transparency and organized database.

[CryptoMel]

Supply Chain - Qs

1. What is the motivation behind Walmart investing in a blockchain solution?
   To provide customers with more transparency on where the food they buy comes from and incase of a bacteria/virus in the food, it would be easier to track the origin and allow customers more confidence in continuing to eat that type of food.

2. How will this new solution benefit us as customers?
   Transparency on where to food is coming from and ensures it has been handled properly

3. How will this new solution benefit Walmart as a corporation?
   Ensuring consumer safety and being able to track origins of food disease or problems occurred in the supply chain

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 others’ transactions and develop trust,”

[Denzel]

1.- Traceability of products, and transparency.
2.- We can now know where our food comes from and judge by ourselves if its a safe source or not.
3.- It will make processes more efficient and transparent. they can now know what happens within the supply chains they collaborate with.
4.- They did not know where their products came from.

[RBIG]

1. To track how meat flows through the supply chain, from producers, distributors, grocers and consumers. This will allow for them to pinpoint quickly any problems that could exist so that they can increase consumer confidence in their products.
2. As a consumer it is important to know that the food that is being purchased has been treated properly throughout the supply chain and has been verified to be safe.
3. Walmart will be seen by their consumers as reliable and responsible retailers able to provide trusted quality products.
4. The missing piece was a shared forum where companies could begin to see each others transactions and develop trust.

[MattL]

1. They need more trust in their supply chain to monitor the goods being shipped from China.
2. Customers will know where their products come from and can see it’s history since inception.
3. It will be be able to track their products and cut costs along the supply chain while giving their customers safe products to allow for more sales.
4. Knowing the true origins of their sourced products from China.

[looperdave]

In 2018, Wal Mart initiated a collaborative effort with it’s suppliers, shippers, producers and distributors to begin an effort to effectively trace its produce offerings throughout the supply chain. Calling upon the technical expertise of IBM, and utilizing Hyperledger Fabric, a vast new informational system was developed using blockchain technology to track and trace it’s perishable offerings from origin to customer and record the entire life-cycle of distribution in this revolutionary new type of Data structure.
Food safety is of utmost importance to a major supplier of groceries like Wal Mart. recent episodes of food safety risks have emerged in recent times, including a large outbreak of e-coli in leafy greens such as romaine lettuce. The ability to track and trace all handling of the food items allows Wal mart and other grocery companies to quickly identify and quarantine the effective food, thus protecting the customer.
Although food safety was the initial motivator for the company, transparency is also a major motivator for Wal Mart. Knowing who grew the products, how they were grown, with what they may have been treated and how they were handled throughout the supply chain creates a lot of value for companies like Wal mart and their customers.
Customers shopping in Wal marts around the globe can now have a much greater assurance that the food items they purchase are safe. In addition, certain assurances can be made that the products were grown in a responsible and sustainable manner. Wal mart also gains the assurrance that the products they sell are safe and likewise responsibly and sustainable grown. In addition to these benefits, the shipping process can be relieved of millions of sheafs of paper trails, vested parties within the supply chain can easily track, verify, and analyse how the shipping and distribution of these products was handled. This will result in the savings of vast amounts of capital, human and natural resources and can enable quick detection and removal of dangerous foods from the food supply, eliminating waste and giving greater assurances to hundreds of millions of people that the foods they purchase and consume are safe.
Prior to the implementation of the Trade Wind project, the different contributors to the supply chain had no way effectively and efficiently communicate information about the goods being transported. Implementing this new innovative way to document all events in the supply chain process allows all members of the supply chain to collaborate with information and great reduce costs and improve tracking and efficiency.

[Rick.Everitt]

1. What is the motivation behind Walmart investing in a blockchain solution?
   Before moving the process to the blockchain, it typically took approximately 7 days to trace the source of food. With the blockchain, it’s been reduced to 2.2 seconds. That substantially reduces the likelihood that infected food will reach the consumer.

2. How will this new solution benefit us as customers?
   Our customers deserve a more transparent supply chain - safer products.

3. How will this new solution benefit Walmart as a corporation?
   Companies within Walmart’s supply chain can develop a trust based around the immutability of the blockchain.

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

5. authenticity of product.