Transforming Complex Supply Chains with Blockchain, IoT and AI

Blockchain is rapidly becoming a change agent for managing complex supply chains. It provides the oversight, tracking, and transparency that globalized and tech-based supply chains need for success.
By Gerald Donald

Blockchain, artificial intelligence (AI) and the Internet of Things (IoT) are three transformational technologies. Companies are used to major breakthroughs in technology, but something different is happening today. In the past, new technologies burst on the business scene one at a time, giving people in different generations time to adjust. Now, radically new advanced technologies are becoming mainstream at the same time.

For supply chains, the timing of the digital innovations is perfect. Supply chains have become increasingly complex as they globalize, and issues like transparency and sustainability assume critical importance. Generally, supply chains have been slow to adopt technologies like blockchain and AI, but some forward-t...

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