IBM launches its blockchain produce tracker, IBM Food Trust
The blockchain-based platform will allow for fresh f...
IBM, the US-based technology company, has released its IBM Food Trust offering for commercial use.
The blockchain-based platform will allow for fresh food to be monitored as it travels through the supply chain.
The platform has been subject to testing for the past 18 months, and is now live – to be used by retailers, wholesalers, and suppliers.
With the launch of technology, companies such as Carrefour – the largest retailer in Europe - Wakefern Food Corp and Topco have all joined IBM’s food network.
“Being a founding member of the IBM Food Trust platform is a great opportunity for Carrefour to strongly accelerate and widen the integration of blockchain technology to our products in order to provide our clients with safe and undoubted traceability,” remarked Laurent Vallée, General Secretary.
“This is a decisive step in the roll-out of Act for Food, our global program of concrete initiatives in favor of the food transition.”
Walmart announced in September that it urges its suppliers to use the offering in order to track their produce.
The technology allows for information to be traced and shared across the industry, with such as how produce is grown, processed, and travelled.
The technology can reportedly reduce the checking time for provenance from days or weeks to seconds.
IBM Food Trust is priced at $100 per month for small businesses with less than $50mn in revenue, $1,000 per months for medium businesses with up to $1bn in revenue, and $10,000 per month for business giants.
New speakers announced for Procurement & Supply Chain Live
Two leading executives in supply chain transformation have been confirmed for this year's Procurement & Supply Chain Live event.
Procurement & Supply Chain Live is the perfect opportunity to hear from prominent executives at the world’s leading procurement and supply chain businesses. The event will be streamed live from Tobacco Dock, London via the leading networking platform Brella.
The three-day show, running 28-30 September 2021, is an essential deep dive into the industry, with influential speakers sharing insights and strategies from their organisations, group roundtable discussions, and fireside chats.
We take a look at the latest additions to the already amazing lineup of speakers announced so far, and what they will bring to the flagship event.
VP Global Supply Chain at Macmillan Education Ltd
Shaun Plunkett has over 30 years of supply chain leadership experience in FMCG, entertainment and media sectors, supporting multi-billion euro businesses including Universal Music, EMI, Sony Music, Harper Collins and Associated British Foods. He has a track record of successfully delivering transformational change coupled with award winning operating models and developing and coaching global teams. Plunkett says that challenging the status quo is at the heart of what drives him on a daily basis - and encouraging others to continuously push the boundaries.
Read more about Plunkett’s involvement in Macmillan Education’s supply chain transformation HERE
Digital Transformation Lead, Oracle UK and Board Member, CILT at Macmillan Education Ltd
Vikram Singla is digital transformation director at Oracle, UK. He helps supply chain and finance business leaders leverage technology to deliver meaningful business outcomes for their organisations. He also serves on the board if CILT (Chartered Institute of Logistics and Transport) – UK and is an Honorary Visiting Fellow at Anglian Ruskin University. Singla has more than 25 years’ experience in the technology sector, and in global supply chain transformation, including deploying business transformation programmes for Fortune 500 firms. In his spare time, Singla is a passionate brand ambassador for Cancer Research.
Plunkett and Singla join a growing line-up of speakers, including: Sheri R. Hinish, IBM; Robert Copeland, G4S; Daniel Weise, BCG; Mark Bromley, Mastercard; David Loseby, Rolls Royce; and Ninian Wilson, Vodafone Procurement Company.