Exploring Blockchain for Supply Chain Integrity

Managing a supply chain is an inherently difficult task. From determining authenticity, enabling traceability to protecting proprietary information – there are many moving parts that need to be kept track of. The transactions taking place between companies or even within one organization require trust and a certain level of transparency that ensures agreed upon criteria are being met consistently. As manufacturers increasingly move towards digitization and Industry 4.0, it is important that the systems and methods used can keep up with the growing rapidity and complexity of daily operations.

About the Project

MxD is releasing a Request for Proposals that will explore the uses and applications for blockchain technology for supply chain management for manufacturers. Through developing a foundational set of use cases, implementations and a playbook, this project will help us further understand the pros and cons of the technology as well as identify areas for further research.

Some key issues surrounding supply chain for a variety of organizations are verifying authenticity, traceability, and protecting proprietary and confidential information. Blockchain’s secure ledger-based format can be a valuable tool in addressing these issues as well as offering other opportunities for Return on Investment (ROI). Although many of blockchain’s applications are in pilot phases outside of the cryptocurrency space, the value that the technology can add is still being determined through exploratory research and programs.

Some organizations have begun to adopt blockchain in so much as even developing blockchain specific teams within their organizations. Others are still hesitant to invest in the technology or simply lack awareness of it’s potential. MxD aims to remove some confusion around blockchain technology and encourage manufacturers to explore the capabilities of this emerging technology.

RFP responses are due on or before
Thursday, March 16, 2023, 5:00 p.m. CT.

Proposals must be submitted by teams; MxD membership is not required for submission but will be required prior to project award. To facilitate team formation, MxD will compile and disseminate contact information from parties interested in Team Formation during the first month of the proposal period. If you are interested in submitting your contact info to this distribution list, please email projects@mxdusa.org.

Note: All project work must be performed in the United States.
This project is a TIA Enterprise Project that requires a minimum of 1:1 cost share.

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