STRINGING TOGETHER BLOCKCHAIN MOMENTS OF VALUE FOR OUR CUSTOMERS
CASE STUDY 1: TRUSTED SUPPLIER NETWORK WITH MULTI-TIER VISIBILITY FOR A GLOBAL MANUFACTURING LEADER
The Need: Create a trusted supplier network with data visibility across multiple tiers in order to manage supply chain risks and resilience better
The Solution: An integrated, multi-tier trusted network that leverages blockchain to share data across the network and across tiers in a privacy and security-aware manner. The solution involves providing connectivity across all tiers, enabling a shared blockchain layer, and enabling supplier data capture, detailed risk profiling, and sharing data via secure data encapsulation and transporting mechanism. The system creates a trusted digital twin of the trusted supplier network, anchored on blockchain and enabling instant, targeted, secure transmission of demand and supply signals across multiple tiers to create the bedrock of transparency and trust required for effective risk and resilience management.
CASE STUDY 2: ENSURING INTEGRITY IN PROCUREMENT PROCESS
The Need: A large procurement organization in Australia, that procures products and services on the behalf of thousands of government and private organizations was looking for a solution to improve the integrity and auditability of their entire procurement process.
The Solution: Copperwire is helping record every step in this process – from supplier onboarding, RFP preparation and publishing to bid proposals, assessment contract award and purchase requisition processes – all on the blockchain in order to create an immutable, verifiable, transparent and auditable record of the entire process, while ensuring confidentiality and privacy in certain steps of the process. The project roadmap includes utilizing smart contracts to automate and speed up the entire procure-to-pay process.
CASE STUDY 3: TRACKING & VERIFYING FREIGHT DATA TO ELIMINATE DISPUTES
The Need: A manufacturer was faced with mounting disputes from shipping carriers with respect to the freight’s dimensional weight – which often led to a mismatch between shipping quotes and invoices. Additionally, it was really hard to attribute responsibility when customs reported product damage. This in turn led to disputes, claims & settlement hassles, customer dissatisfaction – all of this impacting their bottom-line by up to 15%!
The Solution: Copperwire’s Track and Trace (TnT) solution records and verifies freight details and the condition of the product throughout the order fulfillment process, via blockchain. The blockchain serves as a common source of truth for all parties – the manufacturer, shipper and customer. Smart contracts deployed on the blockchain help codify terms and automate payments in a tamper-proof manner, helping eliminate disputes and greatly speed up order fulfillment.
CASE STUDY 4: TRACKING & PROVING PEDIGREE & PROVENANCE OF AN ORGANIC MATTRESS BRAND
The Need: Proving the pedigree and provenance of organic raw materials that go into the manufacturing of a leading organic mattress brand .
The Solution: Copperwire Systems’ blockchain-enabled track and trace solution enables the brand to trustfully establish the pedigree and provenance for all their products in a secure, trusted and auditable manner. Copperwire tracks and traces all raw materials (including wool, latex and cotton), the various processes and best practices ( incl. environment sustainability, social, ethical practices) from ‘farm to factory’ till the mattresses are manufactured. Customers of the brand will be able to scan the QR code on every mattress and be able to view the authenticated story of the journey that every instance of the mattress has taken and showing with verifiable proofs of the the authenticity of the components, and the ethical, social and sustainable practices used throughout the supply chain.
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