Coca-Cola's bottlers expand blockchain pilot with SAP

Coke One North America (CONA), the firm that manages the North American IT operations of Coca-Cola's bottlers, is partnering with SAP to leverage blockchain technology to examine the supply chain processes of the soda giant's 70 bottling franchisees.

According to a report from Business Insider, CONA's clients manufacture and ship nearly 160,000 orders a day from Coca-Cola—making it difficult for CONA and bottlers to get visibility into their supply chains. CONA hopes its blockchain pilot program with SAP will enable it to increase efficiencies for its bottlers and lower costs.

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

"There are a number of transactions that are cross-companies and multiparty that are inefficient. They go through intermediaries; they are very slow. And we felt that we could improve this and save some money," Andrei Semenov, the senior manager at CONA tells Business Insider.

"What we achieved here with blockchain is creating a document flow across the supply chain," Torsten Zube, the head of the SAP Innovation Center Network, added.

CONA's initial pilot program with SAP started with two clients and will now expand to all 70 franchisees.

About Author

Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

More by Steven Zheng