Harness Blockchain Technology for your Supply Chain:
Build a Smarter Supply Chain
Supply chain is one of the rapidly evolving industries, with new technologies disrupting operations and processes daily. The potential of Blockchain in Supply Chain Management (SCM) is gaining significant attention, with the development of Proof of Concept (POC) across diverse sectors. The promising opportunities for improvement include better transparency, traceability, and reduced administrative costs.
At Antier Solutions, we offer business-oriented solutions for integrating Blockchain into supply chain management. By leveraging our solutions, you can digitize your supply chain while reducing operational costs and unlocking opportunities without adding risk to your ongoing operations. Act now to modernize your supply chain and prepare your business for the future.
Challenges in Conventional Supply Chain Management
The traditional supply chain management process is beset with inefficiencies, including the following:
Lack of Visibility
Diverse record-keeping and reporting systems result in incomplete, siloed, and unreliable manifests, certifications, bills of lading, and more. Lack of visibility poses challenges in identifying the provenance of data.
Costly Data Reconciliation Process
Supply chain management leads to a large amount of duplicate data. Huge efforts and tedious, costly reconciliation processes are required to track data across the supply chain, from start to finish.
Disconnected Supply Chain Participants
A supply chain involves various independent participants – such as producers, brokers, transporters, processors, wholesalers, retailers, and consumers – who may lack trust and be hesitant to share data.
Lack of Transparency
The current supply chain management process often faces challenges knowing the real-time location of goods. In addition, the system lacks a solution to find the source of flawed parts and the origin of previously shipped goods.
Lack of Product Traceability
The vague, untraceable product characteristics lead to ambiguity in the product information. Traceability problems are a result of inefficient and manual record-keeping and supply chain complexity.
Supply chains still rely on error-prone manual processes – whether it is preparing lading bills, record-keeping, maintaining information, and more. This manual intervention slows down the operations across the supply chain.
Antier’s Solution: Blockchain in Supply Chain Management
We offer solutions that help you optimize your operations and reduce inefficient, error-prone processes with intuitive workflows that can be securely integrated with your existing systems.
We follow a four-part innovative process to steer your development journey.
We work hands-on with you to comprehend your needs and contextualize blockchain for your business. We do so while exploring the benefits and challenges and co-innovating around the use case.
We help you prepare for the market disruption as a result of a successful supply chain solution launch. Our strategy and advisory services help you gauge organizational readiness, anticipate the business impact, and devise a go-to-market plan.
We design and architect the supply chain platform, leveraging our rich domain knowledge and breadth of expertise. We work across the organization to engage stakeholders to build solutions ready for deployment.
We implement the supply chain solution and authorize updates and changes. We constantly deliver our services and support even after product deployment to ensure that our solutions have a tangible impact on our clients’ businesses.
Features of our Blockchain-based Supply Chain Solution
We have reinforced our supply chain solution with the following features to deliver high performance.