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Abstract
This paper analyses the rise in Blockchain interest to solve a variety of challenges in the supply chain industry. It will first cover the opportunity for Blockchain to be a technological change agent for many companies who want to innovate to meet new consumer demands. Next, it will overview the critical elements of a successful Blockchain implementation, such as using global data standards to ensure systems interoperability and better quality and consistency of the data shared. Lastly, it will uncover more details on the specific, appropriate standards that support Blockchain deployment and support more efficient data sharing even without Blockchain applications.
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Author's Biography
Melanie Nuce is Senior Vice President of Corporate Development at GS1 US and leads a team that investigates new technologies, partnerships and business opportunities to increase the relevance and reach of GS1 Standards — the most widely used supply chain standards in the world. Melanie oversees the exploration of collaboration opportunities to help businesses leverage emerging technologies including the Internet of Things (IoT), Blockchain and machine learning. Melanie has more than 20 years’ retail supply chain experience, focusing in recent years on retail industry collaboration to improve inventory accuracy, exchanging standardised product data and achieving source-to-store supply chain visibility.
Citation
Nuce, Melanie (2019, September 1). Building a Blockchain foundation: Collaborating through standards for systems interoperability. In the Journal of Supply Chain Management, Logistics and Procurement, Volume 2, Issue 1. https://doi.org/10.69554/VVVT2840.Publications LLP