Blockchain for Supply Chain

*CAW Network USA member discounts applicable at checkout

Blockchain is a new technology being used to drive corporate transparency. At the core, it is a ledger technology where everyone has a copy, and all transactions are verified before being replicated. In this course, we will take a look at three supply chain interactions and see how blockchain can be implemented to reduce errors, increase auditability, and drive collaboration. The focus areas will be on physical goods, from producer to retailer, digital products, and vendor relationships for royalty payments. In these cases, we will examine how to implement blockchain, determine success and failure factors, and various other implementation considerations. A special note will be spent on privacy, security, and certain regulations with regards to the same.

CPE Credit: 4.5

Topics Discussed

• Blockchain overview
• Blockchain implementation
• Supply chain
• GDPR with blockchain
• Blockchain public and private networks in regard to physical supply chain automation, digital goods, and vendor management
• The role smart contracts play in supply chain blockchain networks
• Focusing on determining appropriateness of blockchain to a solution
• Regulatory issues that impact blockchain implementations

Learning Objectives

• Identify blockchain concepts.
• Determine the future of supply chain.
• Analyze how blockchain can disrupt the supply chain industry.
• Determine the appropriateness of use of blockchain on physical goods.
• Select a strategy for blockchain implementation on supply chain for physical goods.
• Analyze a scenario where blockchain technology is used to register and track digital products.
• Identify why the use of the blockchain technology was appropriate and chosen as the best strategy for implementation.
• Determine the appropriateness of the use of blockchain to track sales of vendor software and royalty payment flow.
• Select a strategy for implementation of blockchain for digital goods.

Who will benefit

• Anyone looking to understand more about how blockchain can be implemented in a variety of supply chain methods
• Accountants looking for more information on blockchain
• Managers/decision makers looking to run blockchain projects