The supply chain industry consists of several non-trusting parties interact-ing with each other, exchanging a humongous amount of information through documents. The application of Blockchain to the supply chain industry promises a huge benefit in terms of streamlining of operations, speedy and efficient processes, and elimination of time, effort- and money-consuming paperwork.
Blockchain can enable direct interaction among various parties in a supply chain, establishing program-driven trust and eliminating intermediaries. One example could be the tracking of refrigerated goods by recording the temperature across the value chain with the help of IoT devices. Further, the movement of goods from the manufacturer to the end consumer, along with the various parameters associated with the goods, can be tracked on a live basis with IoT sensors and devices tagged to the goods. This will further help in the elimination of fake products as their ownership can be traced.
In the pharmaceutical industry, it would be possible to track the movement of a medicine strip across the value chain - from the manufacturer to the last distribution point-proving the source, and differentiating it from a fake.
Similarly, in agriculture, produce can be tracked from farm to fork, and IoT technology can be used to monitor storage conditions like temperature to ensure it is not spoilt along the way. IBM & Maersk led consortium Travelens, Walmart Led consortium Food Trust and Samsung & port of Rotterdam consortium Deliver have made substantial progress in the recent past to create a cross border, multi-party Blockchain systems in the Supply Chain and Logistics domain.
Blockchain in Manufacturing
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Denne historien er fra April - May 2020-utgaven av ET Polymers.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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The Changing Face Of Mobility
A brief look at the salient points on how plastics is transforming automotive manufacturing
Nippon Launches Weatherbond PRO
Nippon Paint (India) Private Limited (Decorative Division) Asia’s leading paint manufacturer launched the advertising campaign for Weatherbond PRO – the high durable exterior emulsion offering up to 15 years of protection against extreme climate conditions like prolonged exposure to heat, and heavy spells of rain. Based on extensive research done by Nippon Paint’s R&D team, this product was developed for customers who need advance protection for their home exteriors in terms of extended fresh look, strong waterproofing and protection from Algal and Fungal attacks.
Low-Pressure Molding Adopted Across Industries
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TotalEnergies and Jindal Films To introduce Certified Circular Polypropylene
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Simulating Injection Molding for Efficiency
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A guideline from Formlabs on the factors to consider before using stereolithography (SLA) 3D printed molds in the injection molding process to lower costs, reduce lead times, and bring better products to market
iglidur I151 for FDA-compliant, Detectable, Wear Resistant Parts In Food Technology
igus has developed a blue, food-compatible tribo-filament for cost effective 3D printing of special parts. iglidur I151 is blue, prints easily, and has an optimal coefficient of friction and wear. The new tribo-filament is a refinement of the easy-to-machine igus iglidur I150 all-rounder filament. Because it is blue, it can be used to manufacture special parts that are optically detectable in the food industry. Food compatibility according to the FDA and to EU Regulation 10/2011 also qualifies the high-performance polymer for use in the food and cosmetics industries.
Exceptional Warpage Control
SABIC’s new LNP™ THERMOCOMP™ compounds deliver exceptional warpage control
Digital Transformation in Plastics
Automation in the plastics industry is becoming more complex, the pace of innovation is accelerating, and competitive pressure is increasing. Open and safe automation makes it possible to combine traditional mechanical engineering with the latest Industry 4.0 technologies – Lets take a look at how Industry 4.0 is transforming the plastics sector
