Blockchain in Supply Chain
We are confident we live in a Paradigm Shift era.
Internet, Machine Learning, IoT, Big data, Data mining, and Artificial Intelligence turn the machine's roles from teleological to entelechial.
Today the information is free, instant, and everywhere. The producer is now in close contact with the consumer. The mediators' role is eliminated. Consumers began ordering directly from producers at win-win prices. But they crashed into qualitative issues. The mediators' guarantee is missing, and WYSIWYG is not the rule today.
Reorganization is vital to surviving, and solutions in the business environment will not come from past practices. Describing the past went to the limits. Big Data is here but looks chaotic for Reductionism followed. Predicting the future by ignoring Data Relations is a failure. Relations, by default rule of Reductionism, are not measured. Predicting the future is the Holy Grail today. The business world is in big trouble. More than half of the global production never reaches the final consumer, raising the final prices, and worst of all, it is stored as garbage on our planet!
Imagine the world producing less than today and consuming more. The global garbage would be less. The prices would be lower, and the consumers would find any product to fulfill their needs quickly. Businesses would operate profitably or terminate operations.
In Social Sciences, the challenge for change is now. Capitalism, Socialism, and Communism focus on the private or public ownership of the means of people's production and order the general reallocation of wealth. All systems concentrate on sharing the production wealth, leaving wealth producers out of decisions. What if a new system could accurately measure each one's wealth participants and share it fairly?
There is a constant need for a new System to measure accurately and share the wealth produced by the individual. The new System will motivate people directly in microeconomics and macroeconomics to share the accurately measured wealth, not an average part of the System's cumulative numbers.
Imagine a Society where every citizen works in their expertise field and receives a reward strictly analog to their contribution to the total. All citizens would be happy, the GDP would be multiple, and Global Debt would disappear.
In Medicine, cancer treatments attack cancer and healthy cells simultaneously. If therapies came from Systems Thinking, the cancer cells would be first isolated, and then the proper drugs would attack and destroy cancer cells. With Covid-19, the global medical community is looking for a solution wrongly, collecting data from hospitalized patients only, leaving the asymptomatic winners of Covid19 out of the research. The asymptomatics winners' organizations own the secret of their victory, but they are kept out of the study. Recently scientists have been researching individual drug cocktails per patient, not one drug for all. But the information on the global population per individual is missing.
Imagine a Society where every citizen keeps their Health records at MyMedicube. Each receives treatments strictly referred to their organization and the community to have an entire medical records database (except GDPR) to study and evaluate.
Reductionism served well in the Industrial Revolution era but cannot perform the same in the Internet era.
Adding a holistic view, the ENTELECHY CUBE in Systems Thinking predictive model can offer solutions to unsolved issues in all sciences. It focuses on measuring Elements as part of the whole, marking and using the organized in six views data relations, and predicting a secure future cross-checked by the six visions of its Cube faces.
Imagine our planet's Life as a sum of Lives that are Born, Live, and Dιe in equilibrium.
The Die is Cast!
The ENTELECHY CUBE Proof story
The Entelechy Cube was proven by its founder Socrates Zygomalas.
"My Entelechy story began in 1980 as a student at the Athens University of Economics and Business. "Management" was my favorite subject, and by then, I met for the first time the inspired professor Iordanis Ladopoulos. In his lessons, I learned the distinction between Reductionism and General Systems Theory. The preferred scientific method for all "modern" sciences - in the 70's - was Reductionism. Reductionism was of great success in the Industrial Revolution. Professor Ladopoulos had concerns about whether a Paradigm Shift was close or whether a scientific upgrade of Reductionism was enough.
In his book, I first met Entelechy in a system. A machine has a teleological behavior; a human system is entelechial because the human can readjust the system's final goal according to environmental changes.
A combination of human and machine behavior is entelechial.
Entelechy is an Aristotle word. It consists of 3 Greek words:
"EN" + "TELos" + "ECHY," or
"Inside,"+ "Goal,"+ "Have," meaning:
Inside myself, something is guiding me to a Destiny.
Entelechy is etched in my mind, along with the picture of the System, with subsystems and arrows in the uplift direction, like a Hot-air balloon!"
Entelechy. Destiny it was.
In 1986, I started my own business by opening a franchise jewelry and accessories store. Since I was also working at my father's Customs Broker Office and there was not much time to follow the new job, I decided to build my own retail software from scratch, which I would probably sell in other franchise stores.
We developed the software in DOS and FoxPro, and I used the "one and only" Lotus 1-2-3 spreadsheet to access the .dbf files. I gave some significant limitations to the software to keep a close eye on data flow and accounting transactions. At the end of each business day, a "close day" function checks and closes the current day and opens the next working day. This process gave me the security of the checksum and the confidence that I had the full backup of my store data. I used a dial-up modem to download files after the "closing day" function, and I could work overnight with the updated data. My preference for software analysis was clearly in Systems that match my perfectionism to the detail. It sounded so logical that the total result of a SYSTEM is equal to the sum of the results of its consisting Elements.
The first discovery of relationships was when I noticed that the percentage of significant sales categories was almost constant over time. Soon, I saw this rule extend to prices and price ranges within the major and their subcategories. It was clear that I had my first Principals to work with: the stock structure of my warehouses would always have to comply with the expected Sales revenues in the proper frame of Kinds and Prices Ranges. I also noticed that the merchandise had a very different replenishment approach when it is Seasonal with sales calculations through seasonal / best sellers. Besides, I found strong relationships with my Supplier merchandise families' proposals. My Costs were also significant to deduct from sales Revenue to calculate the final profit. In addition to the quantitative characteristics calculated on my software (the machine), I had to comply with my merchandising team's qualitative choices (people) to get to Entelechy.
The first version of ENTELECHY CUBE was Set!
In 1992, the second discovery was made. It came from a different Systems environment, from the Sailing regattas! I owned a cruiser-racer sailing boat, and my hobby was participating in off-shore regattas. Even though most boats have different sizes and capabilities, the boats compete with each other with a corrected elapsed route time. Each boat is measured by a specific feature system and receives a GPH (General Purpose Handicap). Each boat is racing against its GPH, the GPH parameter to "correct" the elapsed time of its voyage. The regattas rank by their "corrected" time on how close to their GPH raced. This process made me look for a GPH in my business to have a target KPI, which I should get as close as possible and achieve the best Return on my limited Investment funds. I found it exciting to monitor the Element-SKU results in detail compared to the overall result, noticing their Relations fluctuations vary in the categories and subcategories. My mind was challenged by one question: How would I manage so many parameters to have the best results? The challenge was ordering and Replicating quantities and time in equilibrium with the expected sales structure.
1992 was full of gifts for me. It gave me the SPAR, which I will not explain now, as revealed in the ENTELECHY CUBE AI version, released hopefully in 2022.
In 1998, I agreed with Franchisor to manage the stores owned by the Brand as an Outsource. It was a new challenge, as I had to transfer my successful work from one store to five stores, and I undertook the news to open. The idea came again from Systems and was so simple. Instead of building a sizeable vertical organization system with many controls and people, I could have a virtual "ALLSHOPS" with the sum of all stores in one. The only change was ENTELECHY CUBE (Revenues); the other stores on the top side of ENTELECHY CUBE (Revenues). Every store would contribute with its data and receive the proper standing orders to fulfill its needs. Stores would be omnichannel, and I could relocate the goods anytime. I used Omnichannel long before the word was coined. Similar was with Blockchain since the System's functions were designed with digital contracts (smart contracts). All data gathered in a trusted black box share the information for any inventory flow or expense payments. The employees focused only on their work, using a thoroughly reliable, Real-Time, trusted System to answer any data query. The years passed with great success. Everyone on my team was thrilled. The stores increased to 23, and the results were fantastic, reaching an excellent 35% EBITDA to sales, the year that our channel was awarded as Retail of the Year 2007 in Greece.
Even during the crisis, our channel remained profitable as a whole and per store, as ENTELECHY CUBE provided the solutions. If a store was in danger and could not be "cured" to remain profitable, we closed it. The Hot-air balloon always remained profitable. Cooperation terminated at the end of 2017.
Since then, we have been working to prepare ENTELECHY CUBE for use by any business as an online advisor. Additionally, we have completed the analysis of the next version of ENTELECHY CUBE AI, trimming the Code Element, examining the integral part/element of an SKU code, and assigning decision-making AI functions with unlimited opportunities."
for giving me Life.
Professor Iordanis Ladopoulos, for showing me the way to General Systems Theory.
DK, for the business opportunities.
My FF Retail Greece Team and
My Goudalini Sailing Team for having me on board
Especially Harris, for helping me on my software journeys
The power within, for giving me the Blessing
Without one of the above, this project would have never been completed and delivered today, the 21st of November 2020.
Γένοιτο - Amen
ENTELECHY CUBE Registration Details
Registration Notary Office: Athens Notarial Company, Ch. Steiros – F. Ktena, VAT EL099912284
Date: February 11th, 2019 No: 40.034
Registered DocumentTitle: ENTELECHY CUBE
Registered Name: Socrates Zygomalas