supply chain

All posts tagged supply chain

Building the ethical and sustainable supply chain of the future

on September 27, 2021

We’re stepping into the next stage in consumer-business relationships. As consumer awareness of environmentally friendly practices increases, companies need to enact significant changes towards building the ethical and sustainable supply chain of the future. One that ensures sustainable sourcing, manufacturing and product distribution.

In this article we explore 6 concrete steps to make your supply chain more ethical and sustainable.

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galinaBuilding the ethical and sustainable supply chain of the future

Smart Legal Contracts for Managing Supply Chain Ecosystems Efficiently

on June 11, 2021

More and more enterprises are turning to smart legal contracts for managing supply chain ecosystems efficiently. Smart legal contracts can provide secure, accessible digital versions to all parties in a single transaction. In addition, they can also manage the workflow of approvals and automatically transfer upon all signatures being collected.

Reading time: 4 minutes. Photo by Sigmund on Unsplash

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traktiSmart Legal Contracts for Managing Supply Chain Ecosystems Efficiently

Supplier Qualification and Onboarding: definitions and flows for a successful vendor management

on May 19, 2021

The COVID-19 pandemic is challenging procurement teams to rethink the whole Supplier Qualification and Onboarding process, with active suppliers adjusting how they work, and new suppliers bypassing the qualification process for initial onboarding to keep operation flowing. 

However, the Supplier Qualification Management (SQM) is essential to mitigate all the risks connected to the onboarding process, which can seriously affect your business. That’s why in this article we are going to define what is Supplier Qualification and why you need to implement right the qualification for initial onboarding.

Reading time: 3 minutes. Photo by Piermanuele Sberni on Unsplash

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traktiSupplier Qualification and Onboarding: definitions and flows for a successful vendor management

Supply chain resilience in the face of a global pandemic

on May 12, 2021

The COVID-19 pandemic has had a dramatic effect on global trade, disrupting industries, economies, and supply chains. Prolonged lockdown periods caused a supply and demand shock. Governments, businesses, and individual consumers struggled to procure basic products and materials. Most of them were forced to confront the fragility of the modern supply chain to achieve better supply chain resilience.

Reading time: 3 minutes. Photo by Brett Jordan on Unsplash

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traktiSupply chain resilience in the face of a global pandemic

Come e perchè usare la blockchain e gli smart contract per la tracciabilità della supply chain?

on March 25, 2021

Nell’ultimo decennio i consumatori, i governi e le aziende stanno chiedendo sempre più dettagli e informazioni sui sistemi e sulle fonti di approvvigionamento dei prodotti. Alcuni studi pilota hanno dimostrato come l’uso di strumenti innovativi permetta di incrementare la tracciabilità dei prodotti. Pertanto la nostra domanda che vogliamo farci oggi è la seguente: possiamo usare la blockchain e gli smart contract per la tracciabilità della supply chain?

La risposta è si, in quanto al fine di fornire maggiore visibilità e trasparenza all’interno delle catene di approvvigionamento multilivello si possono implementare, grazie alla tecnologia blockchain e alla programmabilità degli smart contract diverse strategie e controlli.

In questo articolo ci occuperemo di capire come effettuare i controlli di tracciabilità nella supply chain con questi strumenti innovativi e con l’ausilio degli Smart Legal Contract .

Reading time: 4 minutes, Photo by Antoine Petitteville on Unsplash

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traktiCome e perchè usare la blockchain e gli smart contract per la tracciabilità della supply chain?

Smart Contracts and Tokens for supply chain automation

on March 24, 2021

Smart contracts and tokens for supply chain automation are of paramount importance.

Tokens are digital entities that may be used as a digital representation of physical assets (ingredients, subproducts, etc.) and information. Furthermore, with tokenization, suppliers reap the ultimate benefits of blockchain assets. Tokenization forbids duplication, making it non-fraudulent and ensuring accurate tracking and proof of ownership in a transaction. And not just these.

Reading time: 4 minutes,Photo by Arisa Chattasa on Unsplash

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traktiSmart Contracts and Tokens for supply chain automation