Define, design and execute IT strategies that drive business growth
The use of blockchain supply chain replaces the manual and slow processes in the supply chain, bolsters traceability, curtails cost, and simplifies the complex supply chain cycles.
With Lotanchain blockchain innovations in the supply chain, enhancement of business values is propelled by increasing supply chain transparency, reducing risk, improving efficiency and overall supply chain management.
With this migration to the blockchain supply chain, less administrative work is required while maximum security is guaranteed with transparency being a key feature.
These are the major roles and features of the use of blockchain in improving supply chain processes.
Handle your suppliers and keep them in check to receive products and make payment without delay
Promote participation of your suppliers and logistical partners in a decentralized ecosystem
Authenticate your suppliers, logistical partners and track your orders in real-time to make smart decisions
Validate alternative routes to reach customers faster or receive materials quickly at an optimal cost
Automatic maintenance of inventory to re-stock your inventory without delay for a smooth operability
Create an open source distributed ledger infrastructure to coordinate supply chain operations