Center for Supply Chain Studies
Workshop F: Integrating Blockchain and IOT to Enable Supply Chain Visibility
With Shire and Takeda Pharma both taking initiatives to adopting cloud-based solutions and automation processes for their evolving supply chain distribution, how will the regulations of the GTSH and FDA come into play with emerging technology? The WHO estimates that 10% of medicines in emerging markets are counterfeit, proving a need for better traceability, tracking, and locked transactions. How can the Blockchain and better visibility of products save lives and create a more secure global supply chain?
· Assess the design of the blockchain- explore its five pillars, layered architecture, and its application for the supply chain
· Connect people, processes, and data through devices and sensors
On the job strategies discussed:
· Enhance a network that continuously measures, collects, and exchanges “live” data
· Gain visibility into transportation of goods and enable logistics to optimize shipping routes