Blockchain tracks the manufacturing of high-end textiles from sheep to shop

IBM Research has developed a solution for the textile industry using the IBM Blockchain Transparent Supply (BTS) platform. It allows users to track the entire spectrum of fabric manufacturing, from the receipt of raw material through cleaning, spinning, weaving, quality assurance, distribution, and sales. Continue reading Blockchain tracks the manufacturing of high-end textiles from sheep to shop

Resilience vs. Flexibility in Operations and Supply Chain? 

In this video I review the distinction between resilience and flexibility, and illustrate why flexibility is a desirable way to build resilience in your operations and supply chain.
Resilience refers to the ability to bounce back from downside risk;Flexibility refers to the ability to handle both downside AND upside risk.
A little bit of flexibility goes a long way: it provides resilience AND can improve profitability. Continue reading Resilience vs. Flexibility in Operations and Supply Chain? 

Building a Transparent Supply Chain

One of the most promising applications of emerging blockchain technology is supply chain management. Blockchain—the digital record-keeping system developed for cryptocurrency networks—can help supply chain partners with some of their challenges by creating a complete, transparent, tamperproof history of the information flows, inventory flows, and financial flows in transactions. Continue reading Building a Transparent Supply Chain