How to uncover the true value of emerging technologies for your organisation
Logistics is becoming increasingly complex, with more parties directly or indirectly involved in supply chains. This complexity is creating challenges related to communication and end-to-end visibility – making logistics processes inefficient. At the same time expectations of all participants in the supply chain related to transparency, reliability and service are increasing.
Blockchain is emerging as an important technology to help address some of these challenges. In the recently published global digital supply chain study “Connected and autonomous supply chain ecosystem 2025”, we showed that blockchain is spurring interest in the field but has not gained much traction yet. Only 5% of all companies and 27% of Digital Champions have already implemented blockchain.
This study sheds light on the advantages of blockchain technology in the logistics space. It offers an overview of use cases and estimates their impact on the future of the logistics function to provide objective and pragmatic recommendations about blockchain’s potential in this field. We'd also like to share our perspective on the key building blocks you should follow when identifying and defining the potential value of blockchain in logistics for your organisation.
We believe there’s high potential for blockchain applications within logistics functions. The technology can solve key challenges by creating an encrypted digital record that tracks goods at every stage in the supply chain. It makes any irregularities that could disrupt a shipment clearly visible, enabling companies to solve problems quickly. And it can automate processes while also making it easier to verify goods – reducing paperwork and supporting end-to-end traceability.
Blockchain enables organisations to share data securely and achieve common goals more efficiently.
Enhance supply chain transparency and traceability
Ensure security, immutability and authenticity
Reduce process complexity
Improve operational efficiencies
Creating and implementing a blockchain solution is not a traditional IT task. There’s no point re-creating the old world with a blockchain at its core. Organisations that do not recognise this risk reassert existing roles, processes and business models. Instead, you need a strategy that transforms your approach.
As blockchain has the potential to change the way of working in the logistics sector, we suggest to follow a well structured approach.