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Can Blockchain Help Château Lafite Fight Counterfeits?

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Château Lafite Rothschild produces some of the world’s most expensive wine, making the product an attractive target for counterfeiters. Fighting these counterfeiters has proven difficult for the Château as the traceability in the wine supply chain is insufficient and stakeholders have different interests and capabilities in identifying fake wine. As traceability is the key to preventing counterfeit wines from entering the wine supply chain, how to use advanced technologies to fight counterfeiters has received increasing attention.

Besides existing technologies such as barcodes, Quick Response Codes (QR codes), Radio Frequency Identification (RFID), and Electronic Product Codes (EPC), blockchain as an emerging technology has also come into play. The case provides an opportunity for students to understand the benefits and limitations of using different technologies, especially the emerging blockchain technology, to improve traceability in the supply chain. Students will learn how to assess the feasibility of using blockchain in supply chain management and discuss different blockchain strategies.

Learning Objective:

  1. To allow students to understand the role of traceability in food supply chain management and associated challenges.
  2. To enable students to discuss the benefits and limitations of applying different technologies, especially the emerging blockchain technology, to supply chain management.
  3. To provide an opportunity for students to discuss the feasibility of using a new technology to solve supply chain problems and different IT adoption strategies.

Year of Publication: 2020
Ref. No.: 20/659C
Discipline: Management of Information Systems
Industry: Food, Beverage & Tobacco
Country: China (People's Rep. of)
Company: Château Lafite Rothschild
Languages: English
Pages of Text: 16