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Buyer Case Study: Zuellig Pharma Builds a Blockchain-Powered Trustworthy Supply Chain

Publisher IDC
Published Mar 31, 2023
Length 8 Pages
SKU # IDC17840615

Description

Buyer Case Study: Zuellig Pharma Builds a Blockchain-Powered Trustworthy Supply Chain

This IDC Perspective selects a case study approach to highlight a blockchain implementation story that has moved beyond the traditional confines of a "pilot." In fact, Web3 and blockchain have attracted the imagination of enterprises. Supply chain provenance (tracking and tracing) for pharma companies is a critical business need that blockchain has supported quite successfully (as compared to other blockchain use cases). This report aims to showcase the implementation of blockchain by Zuellig Pharma in transforming its pharmaceutical supply chain by highlighting the business need, solution, and impact."Blockchain promises to solve the critical business need of supply chain provenance for manufacturing firms (including pharmaceutical companies). However, enterprises need to adopt a conscious approach before taking a plunge into their blockchain journey. They must carefully assess their business need and the applicability of blockchain for the relevant use case(s) to begin with. Additionally, adequate emphasis has to be levied on critical factors, such as readiness, maturity, and collaboration among supply chain network participants for the usage of blockchain, along with governance and performance metrics," says Sandeep Sharma, senior manager for AI, analytics, and Web3, IDC Asia/Pacific.

Please Note: Extended description available upon request.

Table of Contents

8 Pages
Executive Snapshot
About the Report
situation overview
Introduction to Zuellig Pharma
Problem Statement: The Need for Visibility and Trust in Pharma Supply Chains
Solution: eZTracker, a Blockchain-Enabled Supply Chain Application
The Multi-Persona Impact of Blockchain Implementation in the Zuellig Pharma Supply Chain
Advice for the Technology Buyer
Key Lessons and Considerations
Learn More
Related Research
Methodology
Synopsis
How Do Licenses Work?
Head shot

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