2.2 Supply Chain and Vertical Integration
DGT offers several key features and capabilities that make it well-suited for supply chain, retail, and logistics applications. Here's how DGT can be leveraged in these domains:
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Functions
Description
The Pain and Pillars
Priority
1
Supply Chain Traceability
Enable end-to-end traceability of products across the supply chain
Counterfeit products
Inefficient recall management
Lack of visibility and accountability
High
2
Inventory Management
Real-time tracking and management of inventory levels to optimize stock levels and reduce stockouts/overstock
Poor inventory management
Inefficient order fulfillment
Payment delays and discrepancies
Low
3
Logistics Optimization
Real-time tracking and coordination of shipments for improved route planning and delivery performance
Inefficient route planning
High transportation costs
Lack of visibility and coordination
Medium
4
Trust and Data Integrity
Ensuring trust and data integrity within the supply chain through decentralized consensus and immutable ledger
Fraud and tampering
Lack of data transparency and trust
Risk of unauthorized changes to data
High
The implementation of blockchain-based solutions offers numerous advantages and can be applied across various industries and sectors.
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