Blockchain and the Supply Chain: Concepts, Strategies and Practical Applications

Review "As a visionary practitioner, Nick Vyas has always been ahead of the curve in anticipating new changes in supply chain strategy. Now as a leading academic and thought leader, he along with Bhaskar and Aljosja bring clarity to the complexity of blockchain implementation. This book represents a breakthrough in the understanding of an exciting new stage in distribution disruption." ― Patrick Burnson, Executive Editor, Supply Chain Management Review, US"As blockchain continues to evolve from concept to application, its promise and potential value to the supply chain merits serious discussion. Blockchain and the Supply Chain offers a compelling look at this emerging topic in the backdrop of the global supply chain. The authors illustrate how blockchain could be leveraged to solve some of the supply chain's enduring challenges, as it transistions from tool to solution. This is the book for anyone interested in connecting blockchain to the supply chain." ― Noel Hacegaba, Deputy Executive Director, Port of Long Beach"Engaging, focused and useful, Blockchain and the Supply Chain is an articulate and highly readable synthesis of current thinking on blockchain and its practical applications in the supply chain industry. This should be recommended reading for all leaders and industry professionals in logistics and supply chain." ― Sarabjeet Chugh, Senior Director of Products, Oracle Blockchain, US Product Description Blockchain can transform companies when successfully integrated into existing supply chain ecosystems and practices. The key benefits include dispute resolution, foolproof track and trace, event management, operational as well as financial transparency, speed to market, visibility, elimination of heavy reliance on intermediary, integration of IoT technology, machine learning, and artificial intelligence. Blockchain and the Supply Chain highlights how to use blockchain as an enabler and key driver for solutions in the end-to-end supply chain. Blockchain and the Supply Chain examines the business case for blockchain, including increased efficiency of transactions. It also covers the broader set of technologies relevant to supply chains, such as IoT, Big Data and Cyber Security basics and the capabilities they offer. The team of authors look at the evolution of the network, systems and finance, as well as basics of blockchain such as peer-to-peer transactions, consensus-based algorithms and smart contracts. The book includes cases which highlight the opportunities within the different nodes of systems, sales and operations planning and provide practical examples from specific supply chains, such as the movement of temperature-controlled goods, dry goods and precious commodities, as well as general cargo flow. Review "As blockchain continues to evolve from concept to application, its promise and potential value to the supply chain merits serious discussion. Blockchain and the Supply Chain offers a compelling look at this emerging topic in the backdrop of the global supply chain. The authors illustrate how blockchain could be leveraged to solve some of the supply chain's enduring challenges, as it transistions from tool to solution. This is the book for anyone interested in connecting blockchain to the supply chain.", Noel Hacegaba, Deputy Executive Director, Port of Long Beach"Engaging, focused and useful, Blockchain and the Supply Chain is an articulate and highly readable synthesis of current thinking on blockchain and its practical applications in the supply chain industry. This should be recommended reading for all leaders and industry professionals in logistics and supply chain.", Sarabjeet Chugh, Senior Director of Products, Oracle Blockchain, US"As a visionary practitioner, Nick Vyas has always been ahead of the curve in anticipating new changes in supply chain strategy. Now as a leading academic and thought leader, he along with Bhaskar and Aljosja bring clarity to the complexity of blockch