Mastercard: Bringing transparency to supply chains
One of the biggest trends driving change in the food industry is, transparency. More than ever, consumers want to know where products have come from, how they are sourced and whether it is environmental and humane.
As part of its partnership, Mastercard will power Envisible’s ‘Wholechain’ traceability solution via its blockchain-based provenance solution. While Topco Associates LLC will pilot the solution highlighting the origin of seafood, the company will start with salmon, cod and shrimp.
Mastercard believes in the transformative power of blockchain and has three core principles when it comes to applying the technology:
Provide strong consumer protection, including privacy and security.
Provide a level playing field for all stakeholders.
Operate with full compliance to laws and regulations.
What is Envisible’s ‘Wholechain’ solution?
Wholechain provides businesses with increased visibility within global supply chains, in order to improve risk management and increase efficiency, allowing consumers the ability to make more responsible decisions. The easy to use software is available in multiple languages, utilising innovative blockchain technology and aims to provide a trusted, coordinated and transparent platform for supply chains within the food industry.
Key features of the solution include:
Security and integration
API access, blockchain agnostic and data standards.
Targeted encryption, useful integration and team management and monitoring.
Permissioned data access, supplier mapping and immutable records.
Desktop dashboard, real-time activity, standardised templates and design workflows.
Digital product records, Blockchain technology, QR code scanning and supply chain mapping.
Did you know? Mastercard will demonstrate its provenance solution that is powering Envisible's 'Wholechain' solution, at Money 20/20 in Las Vegas October 27-30 2019.
For more information on all topics for Procurement, Supply Chain & Logistics - please take a look at the latest edition of Supply Chain Digital magazine.
People Moves: Kuehne+Nagel, Asuccini, Algo
Was: Managing Director, Kuehne+Nagel India
Now: Managing Director, Kuehne+Nagel Singapore and Malaysia
Skilled in freight forwarding, logistics management, and international logistics, Peer Gjeow Rasmussen has worked for almost two decades to make Kuehne+Nagel a global leader in supply chain. With experience in Thailand, China, Denmark, the USA, and India, Rasmussen is poised to excel in the company’s diverse Singapore and Malaysia divisions. Said Jens Drewes, President of Kuehne+Nagel Asia-Pacific: "Peer’s proven leadership will ensure continued strategic growth and success."
Was: SVP Supply Chain, NBC Universal
Now: Chief Customer Success Officer, Algo
Heidi Turk has been named Chief Customer Success Officer at Algo, a leading supply chain intelligence SaaS solutions provider. Prior to joining Algo, Turk spent the 23 years with NBC Universal, most recently as SVP Supply Chain.
Amjad Hussain, Chairman, founder and CEO, said: “Heidi’s deep knowledge of hard-goods manufacturing, distribution and retail channel operations will take Algo's white-glove, customer-centric service and support to the next level."
Now: Vice Chairman, Board of Directors, Asuccini
Jim Vrtis has been elected to the board of directors at Asuccini LLC, the leading international logistics transportation management software company. Vrtis will join as the Vice Chairman, and continue his role as CEO at Artemis ABA Inc.
Vrtis has more than 20 years of industry experience working in transportation and logistics. Ashkan Shamili, Founder & CEO, said: “With the addition of Jim to our Board, we are committed to providing our customers with an innovative customised transportation management system built in the Salesforce cloud and tailored to the way our customers run their business.”