blockchain

VeriDoc Supply Chain

Transparent and Traceable
Supply Chain

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The complexities in today’s Supply Chain Management (SCM) systems reveal huge gaps
in product traceability, resulting in inefficiencies as well as counterfeit products.

VeriDoc Global has developed a supply chain management verification system that offers
transparency and integrity to supply chains. This system enhances the trust between
stakeholders by leveraging the immutability of the blockchain.

By revolutionizing supply chain management, organizations can confidently say to
multiple stakeholders like manufacturers, wholesalers, retailers, distributers,
governing bodies and end users, “I know that what I see, is what you see”.

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BUILD TRACEABILITY

Reducing Risk By Creating Visibility In The Supply Chain

VeriDoc Global’s QR code management module helps trace the source of a product by generating QR codes that can be embedded with customized information like SKU, batch number, warranty, registration details and even product specification. The embedded information is hashed and stored securely on blockchain, which can be verified instantly. In addition, the QR codes can have location details and timestamps. This assists in tracking and tracing products.

build traceability

Enhance Transparency

Identifying Leaks In The Distribution Network

VeriDoc Global’s system verifies each step in the supply chain with a “digital handshake” that records exactly when and where products have moved in the distribution network. Each movement from manufacturer to wholesaler to retailer can be recorded using a single QR code and placed on tamper-proof ledger.

This makes it clear who is liable for products in every step of the production and transit, offering transparency and quickly identifying inefficiencies along the way.

build traceability

BUILD RESILIENCE

Generating Reports And Insights

build traceability

VeriDoc Global provides data analytics reporting powered by Google Analytics as well as VeriDoc Global’s proprietary software. VeriDoc Analytics offers insights into details like the number of QR code scans, source and transit details. Traceable source of origin is becoming one of the key factors in the supply chain industry as well as the identification and prevention of counterfeits.

VeriDoc Global’s anticounterfeit solution can detect counterfeits by flagging the system if the same QR code is being scanned in many different places at the same time. In this situation, the manufacturer or retailer can disable the compromised QR code, which voids the counterfeit products. This data can also be used to track where counterfeit products are originating from and where they are being sold to.

KEY FEATURES

key feature

  • Traceability

    Ability to trace a product from the source of origin right through to point of sale.

  • Stop Counterfeits

    Consumers can verify that a product is genuine before purchasing.

  • Transparency

    Identify leaks in the distribution network.

  • Data Analytics

    Manufacturers gain insights to who, where, when and how many times a product is scanned.

  • Product Recalls

    Recalls can be issued quickly at the batch level or individual item level.

KEY BENEFITS

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Increase in Trust

Supply chain data can be verified as true
and correct by all stakeholders.
Increase in brand trust.

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Increase in Safety

General public is protected from fake products, especially food and medicine. Producers can issue fast and
effective product recalls.

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Reduction in Cost

Businesses save time and money lost each year due to supply chain inefficiencies and counterfeit products.

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Increase in Security

Data on the blockchain is immutable, incorruptible, self-scaling, self-patching and there is no single point of failure. Data is secure and encrypted for the entire process.

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Controlled Access

Product manufacturer controls what
wholesalers, retailers, distributors
and end users see when a VeriDoc
Global secured QR code is scanned.
Producers can mark counterfeits
and disable compromised QR codes.

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API Versatility

APIs can be developed to communicate directly with the customer’s ,
existing software.

To see how your business can grow in a secure and trusted way, click on the button below to get started.

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© copyright | all rights reserved, VeriDoc Global