Autor: Anja Wilde

The Act on the Protection of Human Rights in Global Supply Chains (Supply Chain Act), which will apply from 1 January 2023, pursues the goal of tracing production and working conditions that violate human rights as well as the protection of the environment in the value creation networks. To act when grievances are identi ed, information on production and working conditions must be available transparently across supply networks. However, this goal is only possible with a digital and e cient exchange of information. The question is therefore how and under what framework conditions this exchange of information can succeed.

A fast flow of information throughout the entire supply chain is unavoidable for risk minimization and is not subject of a discussion in volatile times or crisis situations. The flow of information within the supply chain is characterized by various forms of transmission: EDI, cloud applications or other system interfaces are manifold in the areas of value-added networks for digital risk monitoring and process efficiency increase. If corporate processes are examined more closely, one area remains digitally underrepresented at the moment: The digital twin of a production tool. The handling of these production tools must now be taken to a new level.

Our production, logistics and communication networks are becoming increasingly complex. More and more information has to get from sender to receiver in an increasing speed. In this interconnected and digital world, more people, companies, machines and products interact with each other. Each of these network participants has specific characteristics that describe its identity. On the basis of these digital identity it is possible to connect the entities directly with each other.

A powerful cross-organizational collaboration within the global value chain will continue to be a major competitive advantage in the future. The way supply chains are managed today will no longer be sufficient tomorrow. Blockchain technology makes it possible to technologically map intermediary functions without manifesting the market power of just one central platform (intermediary). On the basis of Blockchain-technology, trusting (data-) networks are created across company boundaries. The technology will not solve all operational problems; however, it may help to secure processes and simplify communication.