Congratulations to Nokia, IBM, Schneider Electric, General Motors and American Express on being honored on the 2021 World’s Most Ethical Companies list! We are proud to have you as #TrustYourSupplier partners.

https://www.worldsmostethicalcompanies.com/honorees/

BYD, one of the world’s largest producers of masks and other personal protection equipment (PPE), has joined the Trust Your Supplier (TYS) Network to help improve access to equipment in response to the COVID-19 pandemic.

“The market for PPE is a prime example of supply chains run amok at a time when the stakes for being able to trust who you do business with have rarely been higher,” said Gary Storr, TYS General Manager. “By providing supply chain visibility and helping create a transparent, accessible market for PPE, we can help improve the flow of goods for these critical products.”

Read the press release here.

In this article about businesses preparing for another disaster, Trust Your Supplier is highlighted as a blockchain based solution to provide supply chain transparency. During times of emergency or normalcy, preparedness involves trust and efficiency, both of which are provided by Trust Your Supplier.

Read more….

This Forbes article makes note that the Trust Your Supplier network offers a valuable contribution to strengthening supply chain response to major unexpected events, such as Covid-19.

https://www.forbes.com/sites/robertanzalone/2020/04/08/ibms-growing-blockchain-networks-could-strengthen-our-supply-chain-in-response-to-covid-19/#1b218e3167be

Congratulations to Chainyard and IBM for quickly building this resource in response to the shortage of critical medical supplies due to Covid-19. #TrustYourSupplier #RapidSupplierConnect

https://apnews.com/PR%20Newswire/d8248ebdd2e5125a6272aff179407e2a

This Wall Street Journal article details the technology and process behind Rapid Supplier Connect. Chainyard‘s Trust Your Supplier is proud to be one of the foundations of this network.

https://www.wsj.com/articles/a-cryptocurrency-technology-finds-new-use-tackling-coronavirus-11587675966?mod=searchresults&page=1&pos=1

TYS has partnered with IBM to create a supply chain solution in response to the critical demand for medical supplies.Companies such as General Motors, Tesla, 3M, Gucci, and others are retooling to address the critical demand for medical supplies so critical during this worldwide pandemic. Many of these are not typical suppliers to hospitals and other health care providers. We have also seen our share of bad actors take advantage of the situation, delivering faulty equipment or other even more heinous acts. To address these concerns Trust Your Supplier has created a separate TYS portal for health care providers to aid in the vetting, discovery, and onboarding of non-traditional suppliers with critical supplies.

Chainyard‘s Trust Your Supplier is collaborating with IBM to offer this solution, called Rapid Supplier Connect.

Rapid Supplier Connect provides 3 key services:

1. RAPID TYS Blockchain Network:  A separate private TYS instance for non-traditional suppliers to provide accelerated, credentialed onboarding for buyers.
2. Proven Supply Chain Solution: IBM’s Sterling Inventory Visibility and Supply Chain Business Network enable buyers and suppliers to have product inventory visibility and assist in order and fulfillment for scarce supplies.
3. Rapid Operation Support Center: War room for operational execution to support business and technical onboarding.

You can help.

Please forward the Rapid Supplier Connect website to any of your suppliers that may be able to offer critical supplies. Webinars step them through the solution and process.

Chainyard‘s blog published on Nasdaq.com highlights the ability of a blockchain based network like Trust Your Supplier, to make a positive impact on the supply chain during a time of crisis.

https://www.nasdaq.com/articles/can-blockchain-save-the-supply-chain-from-covid-19-2020-04-21

Leading Tech, Telecom, Pharma, Beverage and Manufacturing Companies Collaborate with IBM and Chainyard to Simplify Supply Chain Management Using a New Blockchain Network

Anheuser-Busch InBev, Cisco GlaxoSmithKline, Lenovo, Nokia, Schneider Electric and Vodafone to Tackle Supplier Information Management Challenges

Go to press release