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How Blockchain Can Improve Supply Chain Management
Hacker Noon May 26, 2021
It is evident today that the modern world is seeing more and more wealth created, and that the economies and markets are connected via increasingly sophisticated routes of global trade.
Global supply chains underpin the macroeconomy and global markets and are therefore of key importance for a smoothly running economy. The management of supply chains has a direct impact on a company’s competitive positioning and ultimately its long-term success.
Therefore, enterprises are continuously improving their supply chains by finding new ways to make them faster, more flexible, more efficient, and more accurate.
Blockchain technology can assist enterprises in achieving this goal and is already being applied in more and more enterprises.
Challenges in Supply Chain Management
During the previous few...
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