IBM Rapid Supplier Connect™ for emergency supplier onboarding and inventory availability.

Overview

Supply chain data is not always visible, available or trusted. IBM Blockchain helps supply chain partners share trusted data through permissioned blockchain solutions

This matters more than ever. Today’s consumers want brands to guarantee product authenticity, while supply chain participants demand responsible sourcing and better visibility to minimize disputes.

IBM is the leader in blockchain for supply chain. We bring enterprises together through a technology platform that fosters synergy, deployment flexibility and scalability to enable governance and business models of shared value and newfound trust.

Benefits

Increased supply chain transparency

Supply chain partners can be limited by one-up, one-down visibility. Through distributed ledger technology that provides a shared, single version of the truth, IBM Blockchain supply chain solutions allow permissioned participants to have greater visibility across all supply chain activities.

Better response to disruptions

One unexpected event can cause a cascading array of supply chain disruptions. IBM Blockchain supply chain solutions use smart contracts that automatically trigger when pre-defined business conditions are met. This gives near real-time visibility into operations, and the ability to take action earlier should there be an exception.

Streamlined supplier onboarding

New supplier onboarding is a time-consuming, manual experience for both buyers and sellers in a supply chain. IBM Blockchain supply chain solutions can speed this process through an immutable record of new vendor details that business network participants can trust.

Solutions

Blockchain & Supply Chain Services

Blockchain Services

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IBM Blockchain Services leverages design-based principles to build the road map for your solution’s governance, business value and technology strategy. This outcome-driven network design enables business transformation at the level of markets, industries and ecosystems.

Supply Chain Consulting Services

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Today’s supply chains require digital-first solutions and insights. Create more intelligent workflows with IBM ServicesTM, enabling new ways to uncover hidden efficiencies, promote better execution and delivery, and integrate emerging technologies. Working together, we’ll help you deliver new opportunities across the value chain, including demand planning, order orchestration and fulfillment.

Blockchain for supply chain case studies

Visibility in the oil and gas industry

Unexpected events often throw supply chains into turmoil. The Vertrax Blockchain provides new transparency to oil and gas supply chain participants so they can respond to demand spikes due to severe weather and other unforeseen events – all in the computing environments of their choice.

Responsible sourcing of minerals

Bringing together leading OEMs, miners and smelters, the Responsible Sourcing Blockchain Network provides much-needed transparency into the origin of battery metals like cobalt. This reduces many of the legal, reputational and commercial risks participants have previously faced.

Counterfeit prevention in pharmaceuticals

In some countries, counterfeit pharmaceuticals account for 70 percent of all drugs in the supply chain. A recent pilot by KPMG, Merck, Walmart and IBM leveraging blockchain injects new trust into the system by reducing the time it takes to trace prescription drugs from 16 weeks to just two seconds.

Resources

What is blockchain technology?

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Learn how blockchain technology is driving a redefinition of how business works. Discover the benefits of distributed ledger technology, an immutable record of events, smart contracts and more.

Blogs: Blockchain for supply chain

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Blockchain is rapidly unlocking value in supply chains across industries and around the world. Read use cases from our extensive library of blockchain for supply chain blog content, authored by IBM clients, IBM’s business and technical experts, and other industry leaders.

Blogs: Blockchain in food safety

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The food supply is the one supply chain we all depend on. Learn how growers, distributors, retailers and others in food’s journey from farm to fork are using IBM Food Trust to promote greater visibility, profitability and trust.

Blockchain developer center

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The IBM Blockchain Platform makes it easy for any developer to become a blockchain developer. Discover the code samples and tools you need as you learn how to build, operate, govern and grow a blockchain for supply chain solution.

IBM Supply Chain Community

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Join in-depth discussions on best practices with supply chain community members. Featuring a wide range of topics including B2B integration, Managed File Transfer, Order Management and more.

What is Supply Chain Management?

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When you understand supply chain data better, you understand how your supply chain can operate better. Explore insights from IBM supply chain experts, the full range of IBM Sterling Supply Chain applications and more.

Next steps