Transparent supply chains and the conscious consumer
29 May 2019247 KB
The demand for product provenance is gaining pace in manufacturing. However, many businesses have extremely complex supply chains without access to detailed, accurate and verified information. A lack of transparency can result in companies incurring significant financial losses. Distributed ledger technology such as blockchain could be the key to unlocking greater transparency throughout manufacturing. Companies who can embrace and exploit new technologies will undoubtedly have more to gain.
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