Benefits of Blockchain in Supply Chain Management-Crypto soft india
What is Supply Chain Management? Supply Chain Management (SCM) is a method of organizing the flow of goods, resources, services, and information during the process of transforming raw elements into a finalized product delivered at the consumer edge. The supply chain process covers multiple core elements, like Plan, Information, Source, Record, Production, Location, Transportation, and Return of Goods, and these elements are consolidated to build the base of any organization. It feeds the present and future of any business, and thus, carries energy in the business world. Hence, there are increasing security threats and varying user demands, the usual supply chains are battling various challenges in delivering a highly-efficient and trustable ecosystem to all. Challenges In Supply Chain Management? Lack of universal database Even though in the digitalized world, organizations are maintaining their records in their database and available only ...