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Maximilian J.L. Enthoven
Former Member
Title
Dr. oec.
Last Name
Enthoven
First name
Maximilian J.L.
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1 - 6 of 6
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PublicationTradeIX: Blockchain-Enabled Trade Finance in Global Supply Chains (Teaching Note)(Ivey Cases, )
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Publicationmodum.io (B): Bidding Farewell to Crypto (Teaching Note)
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Publicationmodum.io (B): Bidding Farewell to Crypto(Harvard Business School, 2021-03)
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PublicationPharmaQuick: Implementation of a blockchain-based temperature monitoring system (Teaching Case)After the revision of guidelines by the European Commission in March 2013 requiring continuous temperature monitoring of medicinal products during transport, the Swiss logistics service provider PharmaQuick faced the challenge of not only modifying their business practice to fulfill the guidelines, but also to simultaneously gain a competitive advantage with the implementation of superior technology. According to the new guidelines, the company would have to be able to provide evidence for complying with the allowed temperature ranges pre-defined by the manufacturers. Compliance for the transport of products that required low ambient temperatures usually remained unchecked, as clients of PharmaQuick refused to pay the fee for active temperature monitoring. This refusal was mostly communicated orally or unofficially, providing no hard evidence in case of a dispute. In the face of rising regulatory pressure, PharmaQuick implemented a short-term solution based on active temperature controlling and cellular data transmission with cooling trucks. However, this change multiplied the costs and, in the eyes of Dean Sprouts—business development manager at PharmaQuick, was not economically sustainable for the company. For this reason, Sprouts had to find a long-term solution that allows for compliance with the GDP’s requirements and improves transparency and traceability along the transportation supply chain at the same time. In particular, he had to assess whether blockchain technology within a cooperation with Modum constituted such a long-term solution. The presented case study is based on a fictitious company that represents a customer of the Swiss startup Modum. In this decision-based case, students are asked to put themselves in the role of the protagonist, Dean Sprout. They need to analyze the challenge faced and evaluate the solution pursued by the protagonist. The case takes place in the pharmaceutical sector in Switzerland in the year 2017. The key topics are supply chain management (SCM), external influence factors, data management, process optimization and blockchain technology (BCT).Type: case studyIssue: CASE-Reference no. 620-0029-1
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PublicationPharmaQuick: Implementation of a blockchain-based temperature monitoring system (Teaching Note)After the revision of guidelines by the European Commission in March 2013 requiring continuous temperature monitoring of medicinal products during transport, the Swiss logistics service provider PharmaQuick faced the challenge of not only modifying their business practice to fulfill the guidelines, but also to simultaneously gain a competitive advantage with the implementation of superior technology. According to the new guidelines, the company would have to be able to provide evidence for complying with the allowed temperature ranges pre-defined by the manufacturers. Compliance for the transport of products that required low ambient temperatures usually remained unchecked, as clients of PharmaQuick refused to pay the fee for active temperature monitoring. This refusal was mostly communicated orally or unofficially, providing no hard evidence in case of a dispute. In the face of rising regulatory pressure, PharmaQuick implemented a short-term solution based on active temperature controlling and cellular data transmission with cooling trucks. However, this change multiplied the costs and, in the eyes of Dean Sprouts—business development manager at PharmaQuick, was not economically sustainable for the company. For this reason, Sprouts had to find a long-term solution that allows for compliance with the GDP’s requirements and improves transparency and traceability along the transportation supply chain at the same time. In particular, he had to assess whether blockchain technology within a cooperation with Modum constituted such a long-term solution. The presented case study is based on a fictitious company that represents a customer of the Swiss startup Modum. In this decision-based case, students are asked to put themselves in the role of the protagonist, Dean Sprout. They need to analyze the challenge faced and evaluate the solution pursued by the protagonist. The case takes place in the pharmaceutical sector in Switzerland in the year 2017. The key topics are supply chain management (SCM), external influence factors, data management, process optimization and blockchain technology (BCT). This publication represents the corresponding teaching note of the case: "PharmaQuick: Implementation of a blockchain-based temperature monitoring system"Type: case studyIssue: TEACHING NOTE-Reference no. 620-0029-8
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PublicationTradeIX: Blockchain-Enabled Trade Finance in Global Supply Chains (Teaching Case)In accordance with the announcement of its new strategy, Warehousing & Co—one of the largest logistics companies worldwide—began an initiative through Robert Barnes — CEO of TradeIX — to optimize its working capital management in 2017. However, the potential for improvement in the realm of trade finance was heavily restricted by not only a complex network of suppliers but also by siloed inter-organizational data flows. For this reason, Global 3PL initiated a pilot project with TradeIX, a Dublin-based startup that offered a blockchain-based platform managing trade finance, especially receivables finance. Essentially, the platform solution, called Marco Polo platform, connected bank and insurance to a secure network, enabling full transparency during interim financing of accounts receivables. Despite the success of a trial run of using the Marco Polo platform, it had to be assessed on a technological and strategic level, whether this proved a long-term sustainable solution for full operation across Global 3PL's global trade finance system landscape. In this decision-oriented teaching case based on a real situation, students are asked to put themselves in the role of the protagonist, Robert Barnes. They need to analyze the challenge faced and evaluate the solution pursued by the protagonist. The teaching case takes place in the field of trade finance. The key topics are trade finance, working capital management, supply chain management (SCM), data management, process optimization and blockchain technology (BCT).Type: case studyIssue: 9B20E016s