Improve supply chain resiliency, traceability, and predictability with blockchain
Blockchain has distinctive qualities that enable unique item identification, tracking, visibility, and shared logic among multi-tiered supplier relationships across three or more parties. Traditional ERP systems help siloed enterprise systems designers solve for two-party relationships but lose visibility in three or more (n-tier) supplier relationships that are typical in complex supply chains.
The data structure of blockchain and n-tier participation in a blockchain network open possibilities previously constrained by current approaches. Due to the immutable nature of the data, blockchain elevates conversations from the morass of data reconciliation to shared business problem solving and unlocks the possibility of shared business logic on that agreed upon data.
Read full article at https://cloudblogs.microsoft.com/industry-blog/manufacturing/2020/12/17/improve-supply-chain-resiliency-traceability-and-predictability-with-blockchain/