Working with multiple parties within a complex manufacturing supply chain can be costly, time consuming and inefficient.
Especially when operators, manufacturers and sub-contractors within the process need to preserve their commercially sensitive, competitive data.
This is where SICCAR can help.
We enable businesses within complex supply chains to work together to achieve the best outcomes securely, efficiently and with minimal IT investment.
Challenges and Solutions
Inefficient paper-based processes.
Many supply chains still rely on inefficient paper-based record keeping and reconciliation, which are labour intensive. These records must be maintained to comply with strict manufacturing compliance and regulatory codes.
Drive efficiency and cost savings
Our platform makes reconciliation and many paper-based processes unnecessary, reducing waste. With digital and automated processes, your business can efficiently manage and accurately track the provenance of all data in a supply chain by easily showing ‘chain of custody’ in regulated processes.
Security breaches and weak privacy and confidentiality protection
Recent high profile data breaches highlight the critical importance of being cyber-resilient. With cyber crime and identity theft on the rise, businesses are looking for ways to protect their data and processes that don’t affect collaboration.
Our technology is cyber resilient with security that compounds over time making your data and processes more robust against subversion or external attack. Our protection benefits also apply to privacy of trade secrets and commercial confidentiality.
Lack of transparency or real-time knowledge
The status of an asset is as it moves through the supply chain is not known, except by the organisation that is currently working on it. Records of instances are compiled historically, causing process inefficiencies and inaccuracies.
True and trusted digitally-twinned records
Our platform enables all parties to create and review digital twin journeys and records of physical assets progressing through supply chains. This improves transparency and speed, and significantly reduces operating costs.
Digitising the oil and gas supply chain.
We’re developing a use case of distributed ledger technology (DLT) to support the global oil and gas supply chain, demonstrating the advantages of using this technology for managing and demonstrating supply chain traceability.
The future phase of this project will move into development of industrial connectivity with a focus on Industry 4.0, in particular, Industrial Internet of Things (IoT) bringing improved accuracy, and faster quality assurance.