International fashion brand Desigual has announced that it will track shipments of goods on Finboot’s Marco platform to make supply chains more transparent and reliable.
As part of this initiative, Desigual will use Finboot’s Marco blockchain platform to track the supply chain of products from initial order to arrival at distribution centers.
According to the company, there are a number of logistical milestones that need to be overcome before the goods hit Desigual stores. These include coordinating the delivery time for each line of goods with suppliers and organizing the transportation of finished products through forwarders.
When problems arise in the supply chain, the lack of transparency in the company’s processes makes it difficult to pinpoint exactly where the problem originated, making it difficult to resolve. The goods tracking platform will inform about possible delays and help improve understanding of transactions.
In the future, the traceability initiative could be extended to Desigual’s entire supply chain, “from purchase order to end-user”. Javier Fernandez, Head of Technological Innovation at Desigual, said:
“Transparent, sustainable supply chains are paramount to us as we strive both to improve our operational efficiency and to gain a deeper understanding of our manufacturing processes.”
In November, tech giant IBM partnered with German workwear manufacturer Kaya & Kato to use blockchain to track supply chains.
In addition, in the spring of Cos, the luxury brand of one of Europe’s largest apparel retailers, the Swedish H&M Group, began tracking its product supply chains through the VeChain platform.
