Blockchain Supply Chain Development

Transform Your Supply Chain Into a Smart Growth Enabler with Blockchain

At a basic level, blockchains mean that no piece of inventory can exist in the same place twice.” Paul Brody, EY Global Innovation Leader, Blockchain

Supply Chain Management with Blockchain

Supply chain transformation takes more than an innovative idea to achieve success. Enhance transparency, security, and efficiency across your supply chain with the potential of blockchain and our expertise. With permissioned or public blockchain development, enable relevant stakeholders to achieve end-to-end transparency, security, and efficiency in transactions and operations. Our solutions built with platforms like Hypereldger, Ethereum, Corda, Multichain, and more, enable businesses to reduce operational costs and strengthen security while establishing trust across the supply chain. Our blockchain development services focus on outcome-driven principles for application designing and development. It enables businesses to transform at the level of markets, networks, and industries, including healthcare, automotive, manufacturing, food, and more. Blockchain-powered supply chain management provides solutions to;

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    Eliminate pain points of traditional ERP systems for managing supply chains for various industries
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    Eliminate the need for each stakeholder to maintain its version of the truth
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    Establish immutability into the provenance of goods
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    Eliminate reconciliation pain across multiple parties
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    Address industry-wide challenges like the lack of end-to-end traceability and transparency
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    Achieve real-time end-to-end visibility to perform track and trace analysis of products and services
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    Consolidate disjointed material, information, and finance flow across the value chain with immutable blockchain-powered ledger accessible by all permissioned participants
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    Augment physical and financial supply chain with efficiency

At Oodles, we build blockchain supply chain solutions that enable key stakeholders to achieve end-to-end transparency, security, and efficiency into supply chain activities. Our permissioned, private, or public blockchain solutions built with platforms like Hypereldger, Ethereum, Corda, Multichain, and others, enable businesses to reduce operational costs while establishing trust across the supply chain. With blockchain-powered supply chain management, they can;

  • Loading..
    Eliminate pain points of traditional ERP systems for managing supply chains for various industries
  • Loading..
    Eliminate the need for each stakeholder to maintain its version of the truth
  • Loading..
    Establish immutability into the provenance of goods
  • Loading..
    Eliminate reconciliation pain across multiple parties
  • Loading..
    Address industry-wide challenges like the lack of end-to-end traceability and transparency
  • Loading..
    Achieve real-time end-to-end visibility to perform track and trace analysis of products and services
  • Loading..
    Consolidate disjointed material, information, and finance flow across the value chain with immutable blockchain-powered ledger accessible by all permissioned participants
  • Loading..
    Augment physical and financial supply chain with efficiency

Addressing Supply Chain Challenges with Blockchain

Traceability

Problem

Lack of transaction traceability across processes

Solution

End-to-end audit trail of transactions and operations

Transparency

Problem

Absence of end-to-end transaction visibility and security

Solution

A distributed ledger shared across the value chain

Multiple Stakeholders

Problem

Risks involved with multiple stakeholders across the chain

Solution

Secure against undesired changes with immutability

Responsiveness

Problem

Inefficient responsiveness due to disparate systems

Solution

Near real-time with blockchain smart contract solutions

Manual Processes

Problem

Deficient digitization and largely manual processing

Solution

Automated digitization leading to quicker processes

Regulatory compliance

Problem

Lack of compliance with regulatory standards

Solution

Easily verifiable, tamper-proof data for audit

Reconciliation Burden

Problem

Manual reconciliation leading to errors and financial burden

Solution

Single, shared source of truth for efficient reconciliation

Obsolescence of technologies

Problem

Inability of systems to integrate with technologies

Solution

Integration with emerging technologies like AI and IoT

Traceability

Problem

Lack of transaction traceability across processes

Solution

End-to-end audit trail of transactions and operations

Transparency

Problem

Absence of end-to-end transaction visibility and security

Solution

A distributed ledger shared across the value chain

Multiple Stakeholders

Problem

Risks involved with multiple stakeholders across the chain

Solution

Secure against undesired changes with immutability

Responsiveness

Problem

Inefficient responsiveness due to disparate systems

Solution

Near real-time with blockchain smart contract solutions

Manual Processes

Problem

Deficient digitization and largely manual processing

Solution

Automated digitization leading to quicker processes

Regulatory compliance

Problem

Lack of compliance with regulatory standards

Solution

Easily verifiable, tamper-proof data for audit

Reconciliation Burden

Problem

Manual reconciliation leading to errors and financial burden

Solution

Single, shared source of truth for efficient reconciliation

Obsolescence of technologies

Problem

Inability of systems to integrate with technologies

Solution

Integration with emerging technologies like AI and IoT

Traceability

Problem

Lack of transaction traceability across processes

Solution

End-to-end audit trail of transactions and operations

Transparency

Problem

Absence of end-to-end transaction visibility and security

Solution

A distributed ledger shared across the value chain

Multiple Stakeholders

Problem

Risks involved with multiple stakeholders across the chain

Solution

Secure against undesired changes with immutability

Responsiveness

Problem

Inefficient responsiveness due to disparate systems

Solution

Near real-time with blockchain smart contract solutions

Manual Processes

Problem

Deficient digitization and largely manual processing

Solution

Automated digitization leading to quicker processes

Regulatory compliance

Problem

Lack of compliance with regulatory standards

Solution

Easily verifiable, tamper-proof data for audit

Reconciliation Burden

Problem

Manual reconciliation leading to errors and financial burden

Solution

Single, shared source of truth for efficient reconciliation

Obsolescence of technologies

Problem

Inability of systems to integrate with technologies

Solution

Integration with emerging technologies like AI and IoT

Blockchain-powered Supply Chain Flow

From suppliers, manufacturers, and distributors to end customers, information accumulated about each touchpoint in the supply chain is available in a permanent, distributed ledger.

Blockchain-Based Supply Chain Development Services

Electronic Data Interchange Systems

We build coherent blockchain-powered EDI systems to enable efficient, secure, and transparent multi-party business transaction processing. Our blockchain smart contract solutions automate transaction processing while also establishing trace and track framework across the supply chain network. They enable EDI systems to transmit contractual information like purchase orders and invoices across the value chain securely and seamlessly. Our solutions ensure adherence to industry-standards of information exchange

Procurement Solutions

We provide blockchain-enabled procurement solutions that enable seamless sourcing, onboarding, and maintenance of buyer-supplier relationships. Procurement platforms built by us integrate with enterprise systems like ERP for additional efficiency. Our solutions combine blockchain smart contracts and supplier data to put payments on autopilot across enterprises. They enable sharing of supplier data only after the consent of owners while storing personal information off-chain for GDPR compliance

Inventory Management

We build blockchain solutions that establish end-to-end communication across the supply chain from manufacturing to sale. They enable process tracking and reporting throughout the processes of inventory management. Stakeholders can check and verify data at every single checkpoint. From conducting payment and audits to tracking inventory and assets, our solutions facilitate greater supply chain efficiency. Our solutions enable advantages like fewer errors, reduced costs and time, and digitized inventory management process

Logistics Solutions

We provide logistics companies end-to-end logistics management solutions for use cases like managing freight tracking and contract management. Our solutions enable buyers, sellers, and regulatory authorities to track goods shipped around the world. By using blockchain, we can ensure the availability of accurate and real-time information amongst different parties. Stakeholders involved in processes can check the status, quantity as well as the location of individual parts with enhanced traceability and security

Track and Traceability Monitoring System

We enable an end-to-end enhanced level of data accessibility and sharing across the value chain with our regulatory-compliant blockchain solutions. With fine-grained permissions, stakeholders can see a product’s location, who made it, how made it, and its expected delivery. They can also track each assets’ origin, properties, and movements across trade zones in real-time. Companies can enable sharing track and trace data with customers to provide provision for validating product authenticity

Process Automation

We develop blockchain smart contracts for supply chain solutions that automate contract executions related to arrivals and departures, shipments, changes of ownership, and other supply chain operations. Our smart contracts are automated contracts that use pre-defined rules to facilitate the exchange of nearly any good or service. They establish real-time auditing for compliant processes and workflows. With smart contract solutions, supply chains managers can automate conditions of production, quality control, and payments

Blockchain Technologies for SCM

We implement smart contracts to automate business operations with the following blockchain technologies.

Industries for Blockchain SCM solutions

At Oodles, we develop smart contract solutions that include the following industries but are not limited to them

Automotive

Aviation

Agriculture

Energy

Food

Healthcare

Logistics

Manufacturing

Retail

Real estate

Automotive

Aviation

Agriculture

Energy

Food

Healthcare

Logistics

Manufacturing

Retail

Real estate

FAQ (Frequently Asked Questions)

Blockchain Supplychain Development Services - Frequently Asked Questions(FAQ)

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