Overview

Manufacturing is often stretched across the world to best exploit the availability of raw materials, labor, funding and consumer markets at the most competitive rates. A single critical link can test the resilience of the entire operation because companies are bound closely together by long, international chains of supply and demand. 

IBM Blockchain enables trusted data exchange and workflow automation across organizational and national boundaries. This helps to strengthen fragile supply chain and trading relationships ravaged by the pandemic and facilitates more ethical consumerism by tracking the provenance of components and manufactured goods.

Benefits

Get trusted supply chain provenance

Obtain provenance information about every component part in a product with IBM Blockchain’s immutable asset register. The greater degree of accuracy makes it easier to audit the process, root out counterfeit items and eliminate inappropriately sourced raw materials.

Strengthen trading partner relationships

Effectively manage distributed supply ecosystems through extended visibility and by addressing cost and complexity issues within supply relationships. Streamline new supplier onboarding by reducing reliance on paper-based certifications and manual approval processes.

Reduce financial friction

Increase data visibility to immediately identify discrepancies and disputes between trading partners. Dramatically reduce the time to reconcile by automating business rules with smart contracts and reach consensus in near real time.

Blockchain in manufacturing solutions

Supply chain transparency

To create your own blockchain ecosystem to share data with trusted supply chain partners, build on the foundation of leading networks with IBM Blockchain Transparent Supply. Transact faster with an immutable, shared ledger that gives you end-to-end and real-time visibility.

Supplier management

To drive supply chain agility by modernizing procurement operations, this blockchain network provides permissioned access to pre-verified supplier information, which helps accelerate supplier onboarding, simplify management and reduce risk.

Container logistics

To oversee container logistics worldwide, more than 150 exporters, importers, freight forwarders, customs authorities and more now work collaboratively through TradeLens, the open and neutral supply chain platform underpinned by blockchain technology.

Blockchain consulting and services

Case studies

Ensuring automotive compliance across supply chains

The XCEED (eXtended Compliance End-to-End Distributed) blockchain project is helping certify the compliance of all vehicle components, from design to production.
 

Bringing visibility to the finished vehicle supply chain

The Vinturas consortium is using blockchain to provide end-to-end visibility in the finished vehicle supply chain through an open and secure tracking ecosystem.

Driving sustainability through responsible sourcing

The Responsible Sourcing Blockchain Network (RSBN) is providing the transparency, trust and security needed to demonstrate responsible sourcing for cobalt.

Blockchain revolutionizing industries

Industry leaders are using specialized applications of IBM Blockchain to remove friction, build trust and unlock new value — both across industries and around the globe. Select your segment to see how to overcome the challenges you face today.

Resources

In-depth guide to blockchain technology

Learn the key elements of what blockchain is, how it works, and why businesses are adopting it to increase trust and transparency in their industries.

Blockchain for supply chain solutions

Handle disruptions and resolve issues faster by strengthening your supply chain with a blockchain solution that helps you build trust and stronger relationships with your supply chain partners.

Articles by blockchain for supply chain experts

Read expert articles on how blockchain makes it possible to trade manufactured goods with confidence by adding greater visibility, transparency and efficiency across the entire supply chain.

IBM Blockchain Platform

Discover the leading blockchain platform, and why IBM Blockchain Platform is valued for its speed, power and flexibility.

Manufacturing operations management solutions

Learn how IoT and AI are enabling a new surge of manufacturing productivity by helping prevent equipment failure, improve reliability and reduce downtime.

Manufacturing solutions

See how manufacturers are accelerating digital transformation of their operations by applying AI and hybrid cloud to achieve new levels of agility, efficiency and quality.

Next steps