News Supply chain

Nestlé’s blockchain project shortlisted for IDC award

nestle
Food and beverage company Nestlé has been shortlisted for the IDC Digital Transformation Awards for its blockchain supply chain project. The Swiss company has been working on the Chain of Origin project for full transparency of its supply chain. Describing the customer-centric approach, Nestlé has previously said it wants its consumers to make informed decisions on their choice of products. It wants them to know where the raw materials come from. Nestlé has called this project a step towards digitization of its business which it aims to scale to other parts in the future. “While we are starting the transformation on a small scale with a new brand, we are looking to see how this could scale to other product offers. So I guess it’s more of a long term journey rather than a short term bet,” Nestlé Digital Technology Manager Armin Nehzat told Tech Wire Asia.

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