Blockchain in Supply Chain | Soumya Choudhury | TEDxIIMBangalore

Mr. Soumya Choudhury shares his thoughts on how blockchain can be used to bring efficiency in supply chain and how the has 24 years of experience in Management Consulting/ Mergers & Acquisition with IBM, Sona Koyo, Merril among others. He co-founded Visilogix, offering supply chain solutions & consulting services to various industries. He is an IIT-Bombay and IIM-Ahmedabad alumnus. Soumya Choudhury has 24 years of corporate experience in Management Consulting (AFF), Investment Banking/M&A (Merrill, Dresdner, KPMG), Automotive Industry (Sona Koyo Steering) and the last decade in Information Technology in Application Development & Maintenance Sales in the Large Deals team for IBM.
In his latest stint, Soumya has his own startup Visilogix offering supply chain solutions and consulting services to industry verticals in FMCG, Retail, and eCommerce. Soumya is also an Adjunct Professor of Supply Chain and Digital Business at IFIM Business School, Bangalore. He is an alumnus of IIM-Ahmedabad and IIT-Bombay. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx

[@dert4291]

Well organized content. I worked in digital logistics in China. I think India has huge potential in using blockchain.

[@akshaydesai4815]

Hello i want information about farm to fork can anyone help?

[@akshaydesai4815]

Blockchain really help in supply chain?

[@dert4291]

yeah I think it creates standarized information across the whole chain, improving transparancy

[@akshaydesai4815]

@@dert4291 Thank you

[@wbaiey0]

I love your talk. You are one super intelligent being bring light to a dark world. Thank you dear Sir.

[@vijaybgood]

Beautiful talk...kudos!

[@randybarrios8401]

I’m so glad I bought xdc.

[@viveksaraf1342]

Lovely to see this man speaking about Blockchain but unfortunately my Organization cannot adopt platform, I am from Supply Chain leadership team from my Company who does Partnership with the new potential IT providers to get their Engineers on Customer sites wherever we lack presence, I wish Blockchain could have an ability to trace and track the fraudsters attempt by those L1/L2/L3 Engineers on Customer sites, Customers/Partners face great challenges on this ecosystem

[@archiedsouza2001]

The biggest point in Supply Chain Management is the lack of transparency. Electronic documentation is already almost universally implemented

[@nurasulaiman1825]

Very good presentation Prof.

[@KryptstarCrypto]

Terra anchor was an amazing idea

[@wbaiey0]

Would love to set in a live lecture and just listen to you.

[@jerinthekkanatsaju3215]

Vechain🚀

[@shahnassar7024]

Interesting talk. The video skips a little from time to time though.

[@hrishikeshbuche7235]

any good books to learn supply chain?

[@kyunx6445]

it's kind of sick though. right now if you see the market capitalization of blockchain, you can clearly now how early adapters rapidly increase like he said

[@somdattkurdikar1360]

Super

[@SKumar-gh1wv]

Is SAP based on block chaion? if not whats the difference between block chain tech and tech SAP is based on.

[@Dickjuice2910]

ERP systems, like SAP or Oracle are relational databases. They store data in rows and columns, similar to spreadsheets, but enable data to be seen cross-departmental - connecting all data across an organization, as opposed to having separate spreadsheets for all transactional and master data. This is a centralized ledger where one company can store data for their transactions. Blockchain is decentralized and not a relational database but can store data from relational databases. They’re different concepts but blockchain can be leveraged to work with ERP’s to give visibility across entities (customers, vendors, partners)

[@PopSene]

@@Dickjuice2910 solid answer

[@fachririzkysitompul779]

Good talk and insight

[@techgayi]

good talk, however not showing the slides properly

[@janakvaghasiya4451]

Why cut at 9:35?

[@4dprinting117]

Look at WABI....Rakuten, Japan gov, Nestle and L'oreal partnerships. Real use case and adoption. 🚀

[@chamangupta4624]

12:00

[@shivdhandesh2002]

Biswa looking kinda different here

[@c.augustedupin8860]

He's professor at my b school. He took operations and Blockchain courses

[@localvigilante979]

He said the exporter bank could tell the exporter that the payment hasn't received yet. What makes you think that the exporter couldnt crosscheck with the importer? I think it would jeopardise the bank's reputation if the bank lied and hold the payment

[@NishantSingh-zx3cd]

There is a chance. Sure, doing that would have implications, but its not logically impossible to cheat. Whereas in Blockchain enabled solution, this would not be the case, cheating would be infeasible.

[@sleepingbeast3675]

It happens, I've worked with international trade and this is very common, obviously, they don't hold the money for more than 2 or 3 days after the date the bank providing the payment said the money would be available, but any additional day with more cash is important for them

[@localvigilante979]

@@sleepingbeast3675 it's too risky for bank's reputation since the applicant/importer could obtain MT202 from issuing bank as prove of payment which stating the value date of payment

[@praveendharmak5444]

There are so many cuts in a video(which is made while editing) and its seems some imp parts are missing .Please Can I get full Video.....

[@KryptstarCrypto]

Luna to the MOON

[@KryptstarCrypto]

Awesome! Thank you :) LUNAMOONA

[@christopheblanchi4777]

3 years ago, this may have been acceptable presentation given all the hype at the time but now this is comes out as reheated old failed hype. Blockchain is not passing the pilot phase in many of these pilots because it fails miserably to solve the core problems that was needing solving. Not everything needs distributed consensus and immutability can be done without it as well. It all depends on the environment of operations. Blockchain has it uses but not as an end user technology, unless it is a cryptocurrency but we all know the amount of corruption and failed promises that sector is still reeling from. Blockchain is dead, long live blockchain free of the hype. In the end what end users want to reliable and trust worthy access to secured information. Blockchain is not the only game in town and when used it will often not be on a public ledger.

[@soumyachoudhury9237]

Agreed. But remember exponential technology principles- need to stick with one trusted technology and make it work. Circa TradeLens.

[@aubynchavez9503]

What common problems are groups facing when trying to implement block chain for supply chain management? New to the topic and always curious about hype versus very real and common obstacles that lead to a project's failure more frequently than we realize.

[@SandeepKumar-qz6cv]

I agree