Supply Chain - Reading Assignment


#21
  1. Increasing safety of food as it moves from producers to consumers. Being able to backtrack potential contamination sources should that occur.

  2. Increased integrity of food quality, expiration dates, etc.

  3. Improve selection of suppliers, quickly identify contamination sources, reduce legal liabilities.

  4. Means of ensuring integrity in the supply chain.


#22
  1. What is the motivation behind Walmart investing in a blockchain solution?
    The blockchain in question, a private database co-developed by IBM, is designed to provide the retailer with a way to indelibly record a list of transactions indicating how meat has flowed through a commercial network, from producers to processors to distributors to grocers—and finally, to consumers.
  2. How will this new solution benefit us as customers?
    It will provide greater transparency to customers about the origins and histories of food they are purchasing.
  3. How will this new solution benefit Walmart as a corporation?
    Companies within Walmart’s supply chain can develop a trust based around the immutability of the blockchain.
  4. What was the missing piece in their solution before they found blockchain?
    The missing piece was a shared forum where companies could begin to see each others’ transactions and develop trust.

#23
  1. To provide authentic food to consumers.
  2. Transparency.
  3. Customer trust. Business growth.
  4. authenticity of product.

#24

1.What is the motivation behind Walmart investing in a blockchain solution? A: Decentralize DB access to untrusted parties adding data to it also.

2.How will this new solution benefit us as customers? A: Transparent Food traceablilty will help prevent and isolate food chain supply problems.

3.How will this new solution benefit Walmart as a corporation? A: Transparency will ease verification and in case of problem it will split responsability between all supplyiers.

4.What was the missing piece in their solution before they found blockchain? A: Unable to Trust partners, in Blockchain no one needs to trust anyone.


#25
  1. What is the motivation behind Walmart investing in a blockchain solution?
    Law and consumer safety/protection - more supervision, stricter health guidelines and better record-keeping.

  2. How will this new solution benefit us as customers?
    Confidence: We can see where the food came from, when it was made, when it expires, farm, plant, factory and transaport details maybe too. Safety: All parties in the logistical chain can remove unsafe produce at once, and as soon as unsafe produce is detected, by exactly pin-pointing which batches are bad.

  3. How will this new solution benefit Walmart as a corporation?
    Both above, avoiding huge revenue losses from low consumer confidence and alarm, avoid damages and court fees when trialed for public health endangerment.

  4. What was the missing piece in their solution before they found blockchain?
    a Forum, where all the logistical and produce parties involved in a chain for a given product, could real-time talk to each other and check on the status of the produce.


#26
  1. Avoiding future food contamination by having the supply chain tracked on a blockchain
  2. Transparency and better trust on where the food was sourced from
  3. Pinpoint where in the supply chain a problem has occurred can prevent a large scale contamination from spreading, benefits on PR by offering transparency possible cost savings
  4. A transparent medium where trust can established between company who supply each-other

#27

What is the motivation behind Walmart investing in a blockchain solution?

  • Being able to deliver good quality products to its clients.

How will this new solution benefit us as customers?

  • We will be able to validate that the product from its origin to the store has undergone the necessary steps to comply with all the health regulations making it proper for human ingestion.

How will this new solution benefit Walmart as a corporation?

  • Some innecessary layers of processes that won’t accred much to the business can be eliminated and thus, lowering operational costs.

What was the missing piece in their solution before they found blockchain?

  • A shared infrastructure where companies involved in the supply chain could see each other’s transactions and develop trust.

#28
  1. What is the motivation behind Walmart investing in a blockchain solution?

To be able to tract inventory. In this test case, they will be tracking pork from farmer to the store.

  1. How will this new solution benefit us as customers?

It will allow consumers to track the food from producer to shipper to importer to the food shelves. This will lead to increased trust, transparency, and hopefully safety.

  1. How will this new solution benefit Walmart as a corporation?

I could see this solution benefiting Walmart in a number of ways. Customer trust and loyalty could improve with this increased transparency. It would also allow for quicker, and more targeted food recalls in the future. This would save lives and save money for the sellers. It would also be an improvement when it comes to inventory tracking through multiple parties.

  1. What was the missing piece in their solution before they found blockchain?

A shared immutable forum where companies could see each others actions and shipments. This is a great way to build and gain trust between different actors.


#29
  1. What is the motivation behind Walmart investing in a blockchain solution?
    To better understand and track the product from their origin to how they are transported.
  2. How will this new solution benefit us as customers?
    It provides transparency of the product they purchase, from where it is from to how it is transported.
  3. How will this new solution benefit Walmart as a corporation?
    Improve customer sanctification, able to local source of issue when issue occurs.
  4. What was the missing piece in their solution before they found blockchain?
    Transparency of information.