According to US News, several pharmaceutical companies have developed a way to track prescription drugs across the supply chain. 

Some of the industry's largest pharmaceutical companies, including Pfizer Inc and Eli Lilly and Co , have developed a blockchain-based system to track prescription drugs across the supply chain to better halt the flow of counterfeit medicines, company officials said on Friday.

Companies are embracing blockchain technology, but is it really making a difference in their supply chain operations, reports LoadStar.

Shippers are increasingly pulling their logistics providers into blockchain as they employ the technology to form networks with business partners and tech providers.

According to PYMNTS, as companies digitized their supply chains they are faced with an avalance of data, not all of it useful. 

Supply chain management has always presented a challenge for global corporates, with digitization and automation technology aiming to reduce friction and enhance visibility.