It happens everywhere, all the time in retail and in ecommerce: a supplier doubles their output to prevent a shortage in case multiple distributors place their orders simultaneously; a fulfillment warehouse doesn’t call in enough workers during Black Friday and delays package shipments by days. Could blockchain technology change all that?
It’s the bullwhip effect, and it’s a huge reason why something like €3.5 trillion (worth $4.1 trillion) are locked up in net working capital in today’s supply chains.
Continue reading “Blockchain Technology is the Antidote to the Bullwhip Effect!”