Current Situation
In addition to the aforementioned supply chain management challenges, lack of interoperability between trading partners creates friction in the supply chain management process and creates inefficiencies, redundancies, and waste.
Goals and Objectives
Drive greater operational efficiencies through improved interoperability with external trading partners to provide increased visibility of movement of medical supplies and other goods throughout the supply chain. Improve the ability to track and trace shipments from manufacturer to distributors to delivery.
Technology Deployed
Distributed ledger technology; Smart contracts; Identity management
Use Case Summary
The addition of blockchain technologies including distributed ledger technology and smart contracts to supply chain management technologies improves the ability to connect with external trading partners and track and trace the movement of medical supplies and other goods through the supply chain ensuring authenticity and product safety.