Value Driven Supply Chain powered by Blockchain and IoT: An Oracle Perspective
Enhancing supply chains with the transparency and security of distributed ledger technology
Blockchain and IoT technologies will digitize the next generation supply chain. This point of view combines Oracle’s product vision and Deloitte’s digital supply chain industry knowledge to showcase how these technologies can help companies innovate with agile, trusted, and transparent supply chains.
As the digital revolution takes shape, leading organizations will need to maintain competitive advantage through a focus on speed to market and the ability to rapidly navigate changing business environments. Ultimately, competitive advantage will come from an organization’s ability to optimize and drive value from its supply chain using technology. Moving a product from supplier to customer requires a cross organization chain of extensive coordination between human and mechanical inputs.
Global Supply chains are the subject of continued innovation to improve end-to-end visibility, product tracking, fraud, regulatory compliance, delivery speed, and settlements. The ability to capture, translate and interpret data through a cycle of physical inputs to digital analysis driving physical results has the potential to deliver tremendous value to the extended enterprise. The point of view has four dedicated focus areas.
- Impact on Enterprise
- Oracle Technology
- Supply Chain Use Cases
- Adaption Approach
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By addressing key challenges in traceability, compliance, flexibility, and stakeholder management across multiple industries, this point of view provides Fortune 2000 decision makers an increased understanding of how Blockchain and IoT can drive sustainable next generation value into their organizations supply chain.
The symphonic enterprise - an idea that describes strategy, technology, and operations working in unison, across domains and boundaries. Embodying the sentiment that without unity and harmony, discord prevails. Capitalizing on the opportunities presented by emerging and disruptive technologies, Deloitte, together with Oracle has invested in platform-centric thinking and solution offerings to drive comprehensive solutions and break down siloed implementations. Thus enabling organizations to embrace the potential of a symphonic enterprise, and illuminate new business possibilities and creative ways of solving problems.
Deloitte is designated by Oracle as a Global Cloud Elite partner and has held the highest level of alliance relationship with Oracle for almost two decades. Deloitte Touche Tohmatsu Limited member firms across the world provide access to over 26,181 professionals with deep Oracle experience.Learn more at www2.deloitte.com/oracle.