{"id":15097,"date":"2020-05-12T21:31:37","date_gmt":"2020-05-12T21:31:37","guid":{"rendered":"http:\/\/mediashower.com\/blog\/?p=15097"},"modified":"2020-06-03T14:59:57","modified_gmt":"2020-06-03T14:59:57","slug":"blockchain-supply-chain","status":"publish","type":"post","link":"https:\/\/www.mediashower.com\/blog\/blockchain-supply-chain\/","title":{"rendered":"Blockchain and the Supply Chain: They Even Sound the Same"},"content":{"rendered":"

In a nutshell: Blockchain will streamline and simplify our supply chains by making one global ledger — like a shared spreadsheet — that will track everything. Here\u2019s how it works.<\/p><\/blockquote>\n

One of the many mystifying parts of the pandemic: why are we running out of toilet paper?<\/p>\n

It\u2019s not like people are using the toilet more frequently, right? The typical answer is that people are panic-buying toilet paper, erecting giant fortresses of toilet paper in their basements and sheds. But even after stores limited sales to two packs per customer, toilet paper is still sold out.<\/p>\n

Two words: supply chains<\/em>.<\/p>\n

Yes, supply chains, the thing that no one cared about before the pandemic, and everyone now appreciates so much. (You don\u2019t miss supply chains \u2018til the shelves run dry.)<\/p>\n

There are two markets for toilet paper: residential and commercial. The commercial product, as we all know from our time in Starbucks bathrooms, is sold on bigger rolls, and it\u2019s generally terrible. It gets manufactured on different lines, stacked on larger shipping pallets, delivered on different trucks. It\u2019s bought and sold through different channels. Two different toilet papers; two different supply chains.<\/p>\n


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\"Person

Two types of toilet paper: residential and commercial.<\/p><\/div>
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When people are home 24\/7, they are <\/em>going to use more toilet paper, so there\u2019s a crushing demand on the residential supply chain, and very little demand on the commercial supply chain. Here\u2019s the poop: people are using more toilet paper at home, and almost none at work.<\/p>\n

Rule of thumb: <\/strong>Whenever you see shortages, it is rarely because there\u2019s a problem with supply. It\u2019s usually a problem with supply chain<\/em>.<\/p>\n


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\"Toiletpaper

\u201cWe got plenty of toilet paper, it\u2019s just sitting in the warehouse.\u201d<\/p><\/div>
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When it comes to our supply chain problems, toilet paper is just the beginning of the roll.<\/p>\n

When Will This End?<\/h2>\n

This is the question on everyone\u2019s mind, but Coronavirus timelines are hard to predict. Still, we can make some approximate guesses, combining past pandemics with current technology trends, and be \u201croughly right.\u201d (As they say, better to be roughly right than exactly wrong.)<\/p>\n

There are likely three great acts to the pandemic:<\/p>\n