Supply Chain - Reading Assignment

Blockchain Business Course
#401

  • What is the motivation behind Walmart investing in a blockchain solution?
    To track the origins of the produce and products.

  • How will this new solution benefit us as customers?
    Provide transparent information about where and when the product or products were made and transported.

  • How will this new solution benefit Walmart as a corporation?
    Trust with its consumers, quality product, and cost-effectiveness.

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

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#402
  1. What is the motivation behind Walmart investing in a blockchain solution?

Food borne illness – eColi killing three people is a Public relations nightmare!!

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

They wont fear3 death from shopping at Walmart and continue to shop at the convenience and low prices that is Walmart

  1. How will this new solution benefit Walmart as a corporation?
  • Need to instill confidence back into the Walmart brand’s and transparency in Walmart’s Food product(s) and food distribution and Control services
  1. What was the missing piece in their solution before they found blockchain?

A tracing of the food, from farm to table, allowed for contaminations to be traced effectively keeping good food in the supply chain and removing the threat of potentially exposed batches of food

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#403

  1. In order to track minute details in their supply chain to a higher degree.

  2. This benefits the consumer because it provides a higher transparency from the farmer/distributor to end consumer.

  3. Gain trust, cost effective, increased information for supply chain analysis.

  4. The lack of record keeping during every step of the supply chain.

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#404
  1. What is the motivation behind Walmart investing in a blockchain solution?
    Wallmart knows that customer want more transparency on what they put in there plates, blockchain technology makes the food they eat trasable.
  2. How will this new solution benefit us as customers?
    We will be able to know with a lot of precision where this meat comes from, how it was prepared etc… Blockchain tech allows tracabilty and it is truthless. Nobody can put any fake information on the blockchain without getting a “penalty”.
  3. How will this new solution benefit Walmart as a corporation?
    The customers will be more confortable to buy products there knowing the origin.
  4. What was the missing piece in their solution before they found blockchain?
    TRacability.
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#406
  1. the motivation is transparency between china and western world.
  2. because using a blockchain they will be forced to comply to terms and do things properly. no work is lost and we know whats in the food or products being sent over. and easy to trace if there is an outbreak of any kind.
  3. people will be able to not only put trust in the brand, but it will be trustless because everything will be on the blockchain to examine into detail.
  4. traceability
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#407

  1. Walmart wants traceability, transparency, accuracy, to eliminate low value layers - like slow and imprecise barcodes and radio ID tags, efficiency, precision in the supply chain: they want to provide retailers with indelibly record list of transactions indicating the goods flow through their whole network from producer to consumer.

  2. transparency of supply chain back to origin of good

  3. Walmart eliminates low value layers (see 1.) for quicker, preciser, more efficient goods flow and can organise accurate prevention of disaster if needed

  4. The missing piece was a shared forum developing trust because each company of their network sees others transactions on this new immutable database

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#408

1.Walmart was open to the implementation for faster infrastructure of their distribution as well as the quality assurance of it. A bit may have been that they felt the one step forward one step back was a very outdated system.

2.If all data is entered correctly, we can ensure that product quality will be at its finest; as customers.

  1. As a corporation they now have faster processing within their distribution infrastructure (shippers, vendors, quality control, etc.) and you can say any information needed within the corporation has evolved very fast. The example of how long it took them to find out the trace of food, it normally would take 7 days, with this new technology it took them 2.2 seconds.

4.Faster processing and faster more efficient ways to trace and or request information within their huge infrastructure of operations.

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#409

What is the motivation behind Walmart investing in a blockchain solution?
Faster & better access to information regarding their supply chain. The example provided was food quality. How can you track down the E. Coli romaine lettuce quickly to stem the problem.
How will this new solution benefit us as customers?
Customers will get safer products and more timely information.
How will this new solution benefit Walmart as a corporation?
Less risk of litigation and damage to brand due to public harm.
What was the missing piece in their solution before they found blockchain?
Timely information ~ quickly tracing the problem to its source.

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#410

1. What is the motivation behind Walmart investing in a blockchain solution?
A: Safety and visibility along points of the supply chain from FARM to STORE SHELF
2. How will this new solution benefit us as customers?
A: Increased safety in the food supply.
3. How will this new solution benefit Walmart as a corporation?
A: Rapid determination of infected food. Instead of 7 days to trace…2.2 seconds! This results in less potential liability for Walmart and its suppliers.
4. What was the missing piece in their solution before they found blockchain?
A: Rapid traceability and visibility within the supply chain. This was accomplished by implementing an immutable database solution that allows all interested parties access to immediate collaborate during a crisis or logistics related issue.

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#411
  1. traceability of the food products and transparency of the entire process from farmers to the counter
  2. safety first thing, we know where the food is from
  3. they will be able to offer safer food, trace back something that is not wright with the necessary speed to take out it from the stores before it reaches the population without eliminating the good products, just take out the bad products , faster communication with all parties involved in the process
    4 . fast traceability, it took 7 days to trace a mango, after the blockchain it takes 2.2 seconds and transparency of the whole process , trust of info , cost effective
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#412

The motivation is to prevent poor quality food from going onto the shelves.

It can prevent deaths and illnesses and also gives customers more transparency on where the food has been.

The blockchain solution will give customers more confidence to buying food and other products.

A platform that allowed companies to be more transparent with their transactions and movement of products.

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#413
  1. To improve the information about perishable food items as they move from field or sea to shelf in Walmart.
  2. It will improve the tracking which should lead to more fresh foods on the shelves. In addition should there be an outbreak of food bourne illness than Walmart should be able to more quickly react to the situation and remove items.
  3. The food waste that comes from products going bad is costly and this tracking system could help walmart get the oldest product on the shelf first reducing waste. Secondly it could help protect walmart should an outbreak occur as they can more accurately show where their product came from.
  4. The ability to store the information with digital records as it moved from source to shelf.
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#414
  1. Offer transparency and enhance efficiency of tracking down problems
  2. We can transparently see where our food is coming from
  3. This will make things easier for its vendors, checking inventory, and quickly solving problems
  4. Finding a single way for all their vendors to be able to quickly upload data about their products they are sending to walmart
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#415

  1. To make supply chain more tranparent. Then it is easier to track path of possible problems in food quality to eliminate customers distrust.

  2. We can verify and trust to supply chain.

  3. Possible quality problems could be solved in seconds. It makes supply chain more trustworthy for all parties.

  4. Fast way to find the problem to Its source

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#416
  1. What is the motivation behind Walmart investing in a blockchain solution?
    The motivation was to avoid in the future that happened in the US a decade ago with a deadly strain of E. coli in tainted spinach which killed three people sickening more than 200.
  2. How will this new solution benefit us as customers? If we know that the origin of the food we consume is 100% traceable it’s quality control is assured and this enhances confidence at the consumers, who react with money spending.
  3. How will this new solution benefit Walmart as a corporation? Consumers will favorite the supplier in who gained their confidence through transparency.
  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 = the blockchain.
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#417
  1. **What is the motivation behind Walmart investing in a blockchain solution?
  • transparency and to ensure a better food safety
  • in a problem situations to track the cause and its origin faster to avoid fatal nationwide situations
  1. **How will this new solution benefit us as customers?
  • better food safety
  • to ensure customer satisfaction/confidence
  1. **How will this new solution benefit Walmart as a corporation?
  • ensure customer satisfaction/confidence
  • to prevent counterfeit food
  • can eliminate layers that don’t bring value to the business
  1. **What was the missing piece in their solution before they found blockchain?
  • a “forum” where are parties/stakeholders could develop trust between companies
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#418
  1. To be more effective when it comes to trace intagious foods.
  2. It will increase the safety.
  3. it can minimize food waste, increase legitimacy.
  4. The traceability
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#419

  1. What is the motivation behind Walmart investing in a blockchain solution?
    Disaster prevention. Source food and trace contamination more efficiently.

  2. How will this new solution benefit us as customers?
    More transparency about where and how a product came to
    be.

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

  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.

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#420
  1. What is the motivation behind Walmart investing in a blockchain solution?
    The tainted spinach problem of about 10 years ago is a great example of the problem. Lack of transparency of supply chain participants and consumers is the overall problem.
  2. How will this new solution benefit us as customers?
    Consumers will have more transparency about where products come from, and how those products get to them.
  3. How will this new solution benefit Walmart as a corporation?
    More confidence from consumers as well as removing or limiting layers of inefficiencies within the supply chain. Safety and confidence should both improve. Finally, the ability to contain and localize a problem fast will be a plus.
  4. What was the missing piece in their solution before they found blockchain?
    A shared forum where companies in a supply chain could see each others transactions and develop trust about the process and the players in it.
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#421

1- The motivation is to make the supply chain more efficient, transparent in the tracking of the products.

2- Provides more information to the consumer, he can know where exactly came his food

3- With this solution, Wallmart and his suppliers can cut downtime filling the forms of a supply chain, increases the trust of the customers, there will be more access to information of the products, and will cut down costs from the third party

4- Lack of trust between from party to party, and a lack of a consistent record of transactions inside the supply chain

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