“ BLOCKCHAIN ENABLES REAL-TIME TRACKING OF KEY DATA-SETS , SUCH AS ADVANCED SHIPPING NOTICES AND BILLS OF LANDINGS ”
TECH & AI
“ BLOCKCHAIN ENABLES REAL-TIME TRACKING OF KEY DATA-SETS , SUCH AS ADVANCED SHIPPING NOTICES AND BILLS OF LANDINGS ”
RAJESH DHUDDU , GLOBAL HEAD , BLOCKCHAIN & METAVERSE , TECH MAHINDRA
Tech Mahindra meets the needs of global customers by leveraging next-generation technologies – including 5G , blockchain , cybersecurity and AI – to enable end-to-end digital transformation for global customers .
Rajesh Dhuddu , Global Head of Blockchain & Metaverse Practice at Tech Mahindra , was heavily involved in a recent blockchain project with a multinational automobile manufacturer . The goal of the project was to address challenges in procurement , orders , shipments , and accounts payables that were causing a lack of traceability , an excess of inventory and unreliable turnaround times .
Digital-ledger-based solutions work well in supply chain Using blockchain technology , Tech Mahindra helped the client implement a distributed ledger-based solution that has cut costs across operations and administrative activities .
The solution deploys real-time tracking that eliminates all duplication in invoices and , says Dhuddu , improves operational efficiency by 30 %.
Dhuddu said of the problems the client was facing : “ Their inbound supply chain for procurement of production parts
110 February 2023