ICO APP Factory

Supply chain management  includes the integrated planning as well as the execution of different processes. This involves material flow, information flow as well as financial capital flow. The management of the flow of goods, services, and information involving the storage and movement of raw materials, building products as well as full-fledged finished goods from one point to another is called as supply chain management. A supply chain within the SCM is a network of individual entities, organizations, businesses, resources as well as technologies that combine together in the manufacturing of a product or service. Why a Blockchain powered Supply Chain Management Solution? Supply Chain is one sector that is expecting big disruption with Blockchain. Though traditional SCM systems work good for logging in data at each stage of the supply chain, it fails miserably in accountability, provenance, security and traceability. Also these legacy Supply Chain Management systems are not