Using Block Chain to Solve Supply Chain Challenges
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- Using Block Chain to Solve Supply Chain Challenges
Learn how Walmart Canada developed and deployed a blockchain payment solution to manage over 200 data points factored into invoices and payments to third-party freight carriers.
Pre-block chain solution: Expensive and labor-intensive manual reconciliation efforts to combat an invoice dispute rate of over 70 percent!
Post-innovation: Invoice dispute rate of less than 1 percent! Instead of payments taking weeks or months, carriers are getting paid on time.
Presenters:
Francis Lalonde
Vice President, Transportation, Walmart Canada
Aaron Ritter
Director, Transportation Strategy, Walmart Canada
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