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 enterprise blockchain. We bring enterprises together through governance and business models that creates shared value, and a trusted technology platform fostering unrivaled synergy, deployment flexibility and scalability.

Benefits

Increased supply chain transparency

Supply chain networks 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 give permissioned participants greater visibility across all supply chain activities.

Build a resilient supply chain

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 and supply chain services

IBM Blockchain Services

It takes more than an innovative idea to achieve blockchain success. IBM Blockchain Services uses outcome-driven network design principles to enable business transformation at the level of markets, industries and ecosystems.

IBM Supply Chain Consulting Services

Today’s supply chains require digital-first solutions and insights. Create more intelligent workflows with IBM Services™, 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

Counterfeit prevention in pharmaceuticals

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

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.

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.

Resources

What is blockchain technology?

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

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, business and technical experts, and other industry leaders.

Blogs: Blockchain in food safety

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

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.

Build smarter supply chains

Built to be resilient, smarter supply chains adapt when facing disruptions. They can scale to meet new demands as customer needs change. They are more reliable and designed to build trust between you and your customers.

What is supply chain management?

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