Blockchain Technology is the web 3.0 which provides real-time traceability of products as they travel through different entities in the supply chain. Blockchain brings all the stakeholders together on one decentralized (not controlled by any party) platform for information sharing which builds trust and increases organizational efficiency. Moreover, when it comes to hassle clearance processes, Blockchain is the solution which digitizes all the complex pen and paper-based systems using the smart contract. Blockchain solution ultimately helps in better inventory management, sales forecasting and achieving operational excellence.