Since last few years Supply chain experts have debated the applicability of Blockchain in sourcing and procurement. By virtue of its capabilities, Blockchain promises transparency, full visibility of processes, and error-free autonomous execution of contracts across functions. Goals that align perfectly well for any procurement organization.
In this edition of SpendBytes, we explore the relevance and application of Blockchain technology across some key areas of procurement, including sustainability goals of supply chains.
Blockchain and smart contracts have the potential to transform the way organizations approach sustainability, especially in supply chain management.Learn More
Blockchain technology can help organizations streamline processes, bring efficiencies, transparency, and trust, when applied to the P2P cycle.Read More
A quick reckoner to understand how Blockchain can enhance security, build transparency, and add value to procurement.Click here to download
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