ASX-listed GrainCorp will examine applications of blockchain technology to its supply chain after being named an “initial” partner in a global SAP co-innovation initiative.
The agri-food company – which operates in Australia, Canada, the United States and the United Kingdom – is one of a handful of end users who will work with SAP “to validate use cases and models. blockchain marketers for SAP’s product and asset lifecycle management solutions. ”.
The project is officially titled “SAP Leonardo Blockchain Co-Innovation Program”.
SAP said in a statement that it “gives SAP customers and partners the ability to explore applications, including recording events in the blockchain, from product creation and design to manufacturing and logistics for product tracking and traceability “.
“The program also deals with the serialization of parts and the validation of orders for inventory management and for the origin and authenticity of the products.
“SAP is also exploring digital supply chain scenarios in which different vendors submit bids directly to the blockchain to improve the efficiency of their business networks,” he said.
It was not immediately clear how GrainCorp potentially wanted to use blockchain in its operations.
But the company has a large and complex supply chain, connecting “more than 10,000 grain farmers to local and international customers through Australia’s largest elevator network, with a storage capacity of over 20. million tonnes, seven bulk port silos and two specialized port terminals ”.
It markets wheat, barley, canola and other agricultural products.
SAP’s Leonardo is a software, microservices, and consulting suite that aims to empower enterprise resource planning (ERP) clients to innovate their core systems.
Blockchain is one of the technologies SAP hopes Leonardo will help seed; others include the Internet of Things (IoT), machine learning, analytics, artificial intelligence, and big data.
GrainCorp completed the deployment of a new global SAP system in 2014 under a project known as the “SALT Program”.
It was first deployed in Australia and became the “global model” for deployments in the company’s international operations, according to DXC-owned partner Oxygen, who worked on the project.
The company continues to increase its SAP presence, recently revealing a planned rollout of SuccessFactors for its human resources.
The addition of GrainCorp to the blockchain project was announced at the start of SAP’s annual TechEd conference in the United States.
Other initial project partners include Capgemini, Deloitte, HCL Technologies, HERE Technologies, Moog, Natura Cosméticos, NetApp and PeerNova.