This online class starts with a gentle introduction to the key concepts of blockchain technology before progressing to align blockchain with common supply chain scenarios. In this class, we will examine concepts such as supply chain traceability and transparency, covering how blockchain can be used to represent common Chain of Custody models such as Mass Balance and Identity Preserved. We will cover how blockchain can be leveraged for information sharing in supply chains, cautious of the fact that supply chains often contain competitive information which should be safeguarded to some degree. Participants in the class will leave with a strong understanding of blockchain’s potential and applicability in supply chain scenarios. No existing knowledge of blockchain is assumed in order to take part in this class. Key concepts covered are:
· The fundamental principles of blockchain which are particularly relevant for supply chains.
· Coverage of common Chain of Custody models with reference to their implementation in blockchain.
· Thorough coverage of information sharing among supply chain stakeholders through the use of blockchain technology.
An examination of the key considerations organisations need to make when assessing blockchain technology for its use in supply chain scenarios with a particular examination of the key success factors to its implementation.