The term ‘supply chain’ was first coined in 1982 by Keith Oliver, a consultant at Booz Allen Hamilton. Since then, over the course of more than three decades, global trade and industry has witnessed an exponential increase in the size of companies, as well as their reach around the world. Ambrosus, built as a next-generation supply chain solution, aims to radically disrupt such global supply chains by providing a unique, efficient, and seamless way of integrating and verifying the value inherent to such products. Importantly, Ambrosus has been specifically designed as an industrial grade supply chain solution capable of sustainably tracking and securing billions of products every day. Beyond providing merely a technology, Ambrosus is constructed to meet the demands of a new era of supply chain management: to boost enterprise operability, appeal to the consumer, respond to problems in the supply chain, and ultimately overcome market barriers for businesses willing to demonstrate the quality of their products.

Industrial Grade Supply Chains:

Global supply chains have grown in the past thirty years in response to increased connectivity, market access, and business opportunity. Before such a period of globalization, supply chains were fragmented by various independent players: one in charge of production, another for storage, a third for distribution, and a final one for end-product retail. As these chains have progressed however, larger and larger companies have been able to gain control over more and more of the entire supply chain process.

With an increase in communications capacities alongside an increase in population, global supply chains have evolved to a point where a single supply chain can now move hundreds of millions of dollars of value every day. These enormous production lines can effectively be referred to as industrial grade supply chains as the product is mass produced, much like traditional industrial production.

Global Supply Chains: Trends and Challenges

With the onset of the internet, supply chain management further evolved into a new stage: increased communication and logistical capacities allowed companies to connect their supply chain databases to common systems so as to enable more holistic planning. Such enterprise resource planning (ERP) tapped into the internet of information to allow for a broader and more comprehensive form of supply chain management.

To date however, trends in the supply chain industry demonstrate that a new era of supply chain management is dawning. Such a period is not only focused on the Internet of Information, but also the Internet of Value and the Internet of Things (IoT). Ambrosus, directly poised to capitalise upon this historic shift, combines blockchain technology with IoT sensors to provide supply chains with a new layer of accessibility to the hidden value and quality of products moving across the globe.

Below a clear breakdown concerning the trends and challenges of industrial grade supply chains is listed. As an illustration, this list demonstrates the market niche for the holistic solution that Ambrosus has designed.