Optimizing the information flow in the

Manufactoring Industry

The increasing interconnection of procurement and sales markets, the tensions with suppliers on the one hand and customers on the other hand characterize the situation of today’s manufacturing companies. The growing demand for information flows, e.g. for locating and monitoring the condition of products, for real-time control of material flow systems and production processes, is forcing companies in the industrial sector to optimize their supply chain processes. Blockchain technology ensures the transparency and security of data that is needed to make industrial manufacturing more secure, trustworthy and efficient.

SECTOR BENEFITS

Traceability

Increase manufacturing transparency by digitally mapping component history from digital design to production to decommissioning

Greater transparency for greater efficiency

Make your manufacturing processes more efficient, cost-effective and secure by decentralized data processing instead of a central intermediary.

"Bull-whip effect" in the supply chain

Avoid discrepancies between orders placed with suppliers and actual sales. Reduce incorrect orders and returns as well as warehouse and transport costs through an optimized information flow.

Ensure data security

Secure your data from unwanted access with built-in cryptographic encryption and access management. Protect yourself from data tampering by making subsequent changes clearly visible.

ARXUM BLOCKCHAIN TECHNOLOGY FOR THE MANUFACTURING INDUSTRY

  • Traceability along the entire supply chain

    Track & Trace functions enable verified information about the origin of a product and thus rule out manipulation.
  • Audit-proof process documentation

    Efficiently combine information from supply chain monitoring, asset tracking, counterfeit detection, quality assurance and compliance to ensure audit-compliant documentation of your supply chain processes.
  • End-to-end visibility

    Obtain detailed data and consistent information about the origin of materials and precursors in your supply chain
  • Smart Contracts

    Smart Contracts can increase supplier transaction efficiency, speed execution and resolve inconsistencies faster.
Case study

Case study: Secure machine rental

A mechanical engineering company wants to rent out overcapacity machinery and generate new income. To protect its customers' CAD data during transmission, the company uses ARXUM Blockchain technology to secure the product IP. Smart Contracts also manage the licensing of the manufactured quantities and the specifications of the materials to be used. The production order is only executed if the company's plants are supplied with a consumable material specified for the specification of the component. The sold-to party can store these specifications in the Smart Contract.