Supply Chain Blockchain
The process of moving products or services from supplier to customer is known as the sales chain, but it is a complex system involving various organizations, functions, people, and information sharing. This process has been struggling with issues such as innovation and transparency for years, but with the emergence of blockchain technology, these problems can be solved, making it easier to clarify the process for both suppliers and customers.
At Reactive Space, we develop blockchain-based supply chain software that helps reduce business costs, increase process speed, and improve customer satisfaction.
Challenges in Conventional Supply Chain Management
The conventional process of managing supply chain is riddled with numerous inefficiencies. This often leads to the creation of information silos which makes tracking assets a tedious and time-consuming task.