From conducting payment and audits to tracking inventory and assets, blockchain technology will enable greater supply chain efficiency than ever before. Those swanky clothes, that colorful smartest phone, that distracting T.V., ever wondered how they were delivered to your home or to the nearest brick and mortal store? The answer is supply chain. A supply chain is the network of all the individuals, organisations, resources, activities and technology involved in the creation and sale of a product, from the delivery of source materials from the supplier to the manufacturer, through to its eventual delivery to the end user. The supply chain segment involved with getting the finished product from the manufacturer to the consumer is known as the distribution channel. Managing today’s supply chains is extraordinarily complex. With globalization, supply chain have spread to various areas, serving people like never before.
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