Blockchain for Retail: Supply Chain Management


[MUSIC PLAYING] Today, I wanted to talk to you
about some of the challenges that our large
enterprise customers and the retail industry are
experiencing with regard to tracking their supply chain. Traditional supply chain
management applications only allow for interactions
between the retailer and the supplier. Beyond that, the retailer
has no visibility. So once an order gets created
in these applications, you only wait for
updates from the supplier on where these products are
and what the product status is. With Oracle’s Blockchain
Cloud Service, we are going steps beyond that
and providing retailers end to end invisibility from not
just creating the purchase order, but once the supplier
receives the purchase order and sends it out to
the manufacturing plant, when the manufacturing
plant finishes production. And then sends it out
to the customs agent. After which it goes to the
distributor and all the way to the customer’s hand. So we want to be able
to track all of that. And with Oracle’s
Blockchain Cloud Service, we have enabled that capability
for not just the retailer, but also for the customer. Let me show you in a few quick
steps how that can be achieved. So let’s start at step one. The first step in this process
is creating the purchase order. So the procurement
manager, once logging in, they’ll go to Procurement. They’ll create the
purchase order. And then that will be
sent out to the supplier. As soon as that is done, that
gets recorded in the Blockchain network. And that becomes the first or
originating point of entry. We’re now going to show you
how, once the purchase order is received by the supplier, how
the transactions from there on in are also recorded
into the blockchain network. So we have seen that a retailer
has created a purchase order and passed it on
to the supplier. So as a manufacturing
agent, they can log in. And they can check the
purchase order details and create product against it. So you’re at the
details for the purchase order, which is a supplier order
number and the photo details. So once they click
on Next, the details will get saved onto
the blockchain. And after that you can create
the product, like first thing the product name, product ID,
product material, brand, color, manufactured location,
and the manufacturer date. And once you click
on Create product, these details will also get
saved onto the blockchain network. So once a product
is successfully, created you can see your product
detailed in the product list. Along with it, there’ll
be a transfer button. So once you have created
your product in production, you can transfer it to customs. So for customs, you need to
enter the type of shipment, quantity, mode of
transportation, name of transportation agency,
and the location to whom you want to transfer. So once you have done
that, your product will get transferred to the customs. Now customers can
see the product and can review them for approval
or for the rejection process. The rejection or
approval process will get saved onto
the blockchain network. So once they have
approved the product, they can actually transfer
it to the distributor. So now distribution center
has received the product. They can see the details of the
product from the manufacturer. And they can
transfer the product to a particular retail store. Now the retail stores can see
the product in their inventory. And whenever a consumer
comes, customer comes, to buy that product, they
can link that consumer with the specific product ID. So as a customer, now
I want to buy something from the retailer. So I go to the retailer store. I want to know where
this product was made. For example, let’s say
I want to buy handbags. So I go in. I open up my app. And I scan this product. Once I scan the
product, I can now see where this product was made,
when this product was brought into my country, and
from there on in, when it came to the store. So blockchain is
tracking all of that. So that way, I have
a peace of mind that this product is authentic. It was created in one of the
actual manufacturers’ plant. And it came to the
store as advertised. So let’s take a look at
a high level notional architecture of our
solution and see what Oracle components were used. So we use Oracle’s
ERP cloud service in the procurement module for
the retail supply chain officer to place the purchase
order to the supplier. Then we used Oracle’s
Integration Cloud for these purchase
orders to integrate with the blockchain
cloud services to integrate all the different
third party applications that were used for the supplier
persona, the customs persona, and the distributors. And then finally, we used
Oracle’s mobile cloud service, which is also integrating
with Oracle Integration Cloud to talk to Blockchain
Cloud Service that the customer is using
to scan the product and view product history. With Oracle’s Blockchain
Cloud Service, not only am I getting
end to end visibility as a procurement manager
working for this retail company, but also as a consumer
of the products of this retail company. I’m getting complete
transparency into the entire supply
chain of this product. [MUSIC PLAYING]

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