Supply Chain - Reading Assignment

Blockchain Business Course
#422
  1. To be able to track down the origin of goods carrying diseases or similar easily.
  2. Customers benefit from this because the goods don’t carry as big of a risk to be manipulated along the supply chain.
  3. Easier to manage and keep track of imported goods.
  4. They lacked a solution where they didn’t have to trust the suppliers.
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#423
  1. To mitigate the loss in revenue from product recalls
  2. Improved transparency regarding products
  3. They will be able to find the exact point in their supply chain where a problem occurred (e.g. contaminated food) more quickly and precisely. They save money by recalling only affected products + resolving the situation quickly reduces the number of customers negatively affected, essentially preventing big scandals and national/ global recalls - which is good for customer confidence.
  4. Immutability
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#424
  1. What is the motivation behind Walmart investing in a blockchain solution? prevent food poisoning such as e-coli and deaths
  2. How will this new solution benefit us as customers? Data about products will be traceable from origination identifying issues and solving quickly
  3. How will this new solution benefit Walmart as a corporation? Eliminate food poisoning by having traceable technology will encourage people to shop at Walmart.
  4. What was the missing piece in their solution before they found blockchain? Where companies could see others transactions and develop trust.
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#425
  1. What is the motivation behind Walmart investing in a blockchain solution?
    Tracking where and when supplies were moved such as possibly infected food
  2. How will this new solution benefit us as customers?
    We may never receive infected food because tracking it down can be done in mere seconds
  3. How will this new solution benefit Walmart as a corporation?
    This eliminates thousands of resources and man-hours when tracking supplies
  4. What was the missing piece in their solution before they found blockchain?
    ransparency of transactions which also enable the development of trust.
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#426

  • Walmart is motivated by the goal of offering food safety to their customers.

  • Customers will have the assurance of knowing the food they buy is safe, i.e. no E-coli.

  • Walmart will be able to reduce operation costs and improve efficiency by tracing food along every point of the supply chain in as quickly as 2.2 seconds, whereas it used to take 7 days. Walmart will be able to offer their customers the assurance that the food on their shelves is good. Customer trust and loyalty will grow.

  • Up until now, every supplier along the supply chain had a different data system, and none of these systems talked to one another, so there was no uniform technology.

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#427
  1. To make auditing trivial.
  2. Understand who touched our food, where it was processed, with what chemicals. Everything will be transparant.
  3. Customers love transparancy, they’ll attract more customers. If somehting 's wrong, they’ll be able to figure out where the problem was more efficiently.
  4. A single truth. A ledger.
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#428
  1. To ensure the safety of food supplies by considerably reducing the time of tracing the source and tracking the supply chain.
  2. In case one of the farms produces poisonous or infectious foods, it’s now easier to track them down before they get to supermarket shelves thus reducing end customers’ health risks.
  3. Increases Trust and improves the brand reputation of Walmart because of higher transparency and high-tech approach.
  4. A shared forum where parties could begin to see each others’ transactions and develop trust.
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#429
  1. What is the motivation behind Walmart investing in a blockchain solution?
    the supply chain consists of many manual processes for Walmart, if there is an E.coli outbreak it is very hard en man/time consuming to trace the original source of infection.
  2. How will this new solution benefit us as customers?
    By placing the supply chain on a Blockchain, the process becomes more transparent, traceable and fully digital
  3. How will this new solution benefit Walmart as a corporation?
    reducing time to trace the source of food from 7 days to 2.2 seconds, which will increase customer trustworthiness in Wallmart and for Walmart a better change to prevent infected food to reach the customer.
  4. What was the missing piece in their solution before they found blockchain?
    Auditing of the supplychain, so a uniform solution that brings all suppliers to one truth application/ledger.
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#430

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

More cost efficient and less labor used system.

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

Fast shipping and tracking of goods possibly at lower cost.

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

More control and efficiency.

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

Trustless.

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#431

  1. What is the motivation behind Walmart investing in a blockchain solution?
    Adding trust and transparency to the logistic chain. This trust can then lead to more trust from the customer themselves.

  2. How will this new solution benefit us as customers?
    We will trust that the origin of what we eat (here pork) can be trusted and that any bad supplier can be retraced.

  3. How will this new solution benefit Walmart as a corporation?
    The “tracked” products will be “trust certified” in a way. Also, some intermediate layers, which add no value, could be replaced.

  4. What was the missing piece in their solution before they found blockchain?
    They call it a “shared forum”, which is basically a write-only and shared “dropbox” where suppliers and intermediaries can drop their share of information, which could no be repudiated and could also be tracked and audited.

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#432
  1. What is the motivation behind Walmart investing in a blockchain solution.
    For better tracking system been shipped, efficient and reliable.
    Many Americans died because of the E.Coli in spinach.
  2. How will this new solution benefit us as costumers?
    More transparency.
  3. How will this new solution benefit Walmart as a cororation?
    Eliminating layers in the supplychain and better managment!
  4. Waht was the missing piece in their solution before they found blockchain?
    There was a shared forum where companies could begin to see each others transactions and develop trust!
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#433

What is the motivation behind Walmart investing in a blockchain solution?
Track an issue on supply from vendor and tracke down the supply chain to identofy problematic supply and remove them from shelves quickly.

How will this new solution benefit us as customers?
Customers are guarnteed of the quality and eliminate the possiblity of selling infected food

How will this new solution benefit Walmart as a corporation?
Tracability, transparency and enablement of end to end digital supply chain

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

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#434

  1. Most supply chains are bogged down in manual processes. This makes it difficult and time consuming to track down an issue. By placing a supply chain on the blockchain, it makes the process more traceable, transparent and fully digital.

  2. We, as customers, will have more confidence that the food we eat is fit for consumption and free of contamination or disease due to the faster method of identifying problems in the supply chain.

  3. Improved public relations, faster identification of problems within supplier chain. Less disruption to revenues.

  4. Transparency of transactions which also enable the development of trust.

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#435
  1. Food safety and eliminate food waste.
  2. Will be able to better trust the food you buy there.
  3. Save money on food waste and time tracking down possible food issues. Build customer trust.
  4. The food chain used a variety of methods to document and track that would not interact, making tracking a long and sketchy process.
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#436

1.the motivation is to get safety supply food.
2. if we are able to track all informations from a code barre on food or any item built in a ecosystem, this gives us complete transparency and safety.
3. this will benefit walmart to get safe products, reduce costs, and time saving
4. transparency in informations with the final user

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#437
  1. What is the motivation behind Walmart investing in a blockchain solution?
    Provide more transparency to the consumer on the origin of food products sold at Walmart, following an incident experienced in 2008
  2. How will this new solution benefit us as customers?
    We will be able to see the historical records of where a specific product came from.
  3. How will this new solution benefit Walmart as a corporation?
    Improves their overall brand image and raises their quality standards.
  4. What was the missing piece in their solution before they found blockchain?
    A database that multiple companies can interact with and see each others transactions, and hence develop trust amongst each other.
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#438

  1. Have to track down an issue like e.coli. Not safe for clients.

  2. More transparency supply chain

  3. Trustless toward suppliers it make sure supplier adhere to ome of the Global Food Safety Initiative
    The suppliers put their data into the blockchain themselve, get rid of all paper works, therfore less
    cost

  4. Lack of treacibility, can take 7 days to trace the source of food. Now it take 2 second to find out.

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#439

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

    They are looking for a faster, more reliable and more transparent way to track leafy greens and vegetables.

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

    This will offer another degree of security when it comes to the safety of our food supply. With more accurate and detailed data that is readily available it will be easy to recall contaminated products because we will know exactly where they are located, where they came from and where they have been. All these things will help us determine where the problem occurred and how to stop it from happening again and may translate to lower prices.

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

    Supply chains can be extremely complex, every time a product changes hands there is potentially problems with paperwork and products. Blockchain simplifies things by creating one database that is accessible by all parties involved. Eliminating layers in a supply chain helps to reduce cost and eliminate problems.

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

    A shared database accessible to everyone in the supply chain.

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#440

Reading Assignment: Supply Chain.

  1. What is the motivation behind Walmart investing in a blockchain solution?
    To provide traceability faster, with a way to indelibly record a list of transactions indicating how products has flowed through a commercial network, from producers to processors to distributors to grocers—and finally, to consumers.
    F.ex. this solution will avoid outbreaks like E. coli can spread far into the grocery network, where it will be tracked and removed faster out of the track.

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

  3. How will this new solution benefit Walmart as a corporation?
    They can eliminate layers that exist today, that add very little value to the industry.
    Fraud and inaccuracies are much harder to get away with, includes details related to farm origins, factory data,
    expiration dates, storage temperatures, and shipping.

  4. What was the missing piece in their solution before they found blockchain?
    A shared forum where companies could begin to
    see each others’ transactions and develop trust.

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#441
  1. What is the motivation behind Walmart investing in a blockchain solution?

To make the information in a supply chain system for tracking products being shipped more secure, efficient and reliable.

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

It’ll allow us to trust the food source, and keep companies accountable for what they serve the public.

  1. How will this new solution benefit Walmart as a corporation?
  • Brand reputation
  • Avoids financial losses in general
  1. What was the missing piece in their solution before they found blockchain?

An immutable database that keeps tracking information safe.

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