Consumers, business partners and regulators are increasingly demanding transparency and organizations struggle to provide the data due to the lack of connectivity between the networks of the supply chain. This leads to highly manual efforts and reconciliation activities which are often outsourced and exposes data to third parties.
The EY OpsChain Traceability solution provides a trusted platform for traceability and transparency, within an ecosystem through the use of notarization and tokenization. Our full range of business and blockchain-enabled technology capabilities helps clients deliver long-term value by improving brand equity, sustainability, revenue and operational performance across the supply chain.
The business benefits include: