Blockchain technology is the key to manufacturers overcoming challenges with achieving supply chain visibility, while simultaneously addressing the security concerns that come along with the technology.
As we head into a changing industry focused on servitization and maximized product uptime, supply chain visibility is one of the major keys to balancing both service and cost. It empowers collaboration between suppliers and buyers, while also bringing responsiveness, reliability, and flexibility to supply chain operations, and blockchain technology has the potential to completely disrupt the way global supply chains operate today.
