A Novel Framework for Pharmaceutical Supply Chain Management using Distributed Ledger and Smart Contracts

2019 ◽  
Author(s):  
Sandip Jangir ◽  
Ajit Muzumdar ◽  
Alok Jaiswal ◽  
Chirag N. Modi ◽  
Sheetal Chandel ◽  
...  
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Smart Contracts ◽  
Pharmaceutical Supply Chain ◽  
Chain Management ◽  
Distributed Ledger

scholarly journals Blockchain Design for Securing Supply Chain Management in Coffee Retailer Network

2021 ◽  
pp. 492-502
Author(s):  
Urshila Ravindran ◽  
Pragya Bhardwaj ◽  
P. Raghu Vamsi
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Business Processes ◽  
Smart Contracts ◽  
Distributed Environment ◽  
Chain Management ◽  
Blockchain Technology ◽  
Asset Tracking ◽  
Distributed Ledger ◽  
Proposed Model

Blockchain is a trusted distributed ledger shared across the business processes. Blockchain technology focuses on automating tasks in a distributed environment. Proving as one of the effective platforms, it helps in mapping the physical commodities to the digital ledger. A digital ledger is like an electronic register for storing the transactions that are taking place among various commodities. The physical commodities include suppliers, manufacturers, exporters, consumers and distributors wherein the distributor plays a major role in determining the product standards. To this end, this paper presents a Blockchain design for securing Supply Chain Management (SCM) in Coffee Retailer Network (CRN). The proposed design made with the view that it further be implemented with smart contracts to establish a private or consortium Blockchain application for the asset tracking processes in the coffee retailer network. The proposed model can bring transparency, sustainability and efficiency in asset tracking.

From Supply Chain Management to Blockchain-Based Management

2019 ◽  
pp. 59-63
Author(s):  
G. V. Zubakov ◽  
O D. Protsenko ◽  
I. O. Protsenko
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Digital Economy ◽  
Practical Implementation ◽  
Chain Management ◽  
Mutual Trade ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Supply Chain Management System ◽  
The Government

The presented study addresses the current problems in the implementation of the distributed ledger (blockchain) technology in supply chain management mechanisms in the context of the digital economy. Aim. The study aims to analyze the application of the blockchain technology in modern economic processes from the perspective of logistics.Tasks. The authors consider the possibility of using the blockchain technology in the supply chain management system and explore ways to use the findings of the Eurasian Economic Commission (EEC) in the fieldof digital economy to organize information standardization processes within the supply chains of foreign and mutual trade.Methods. This study uses general scientific methods of cognition to examine approaches to the implementation of the blockchain technology in transport and logistics processes and to find opportunities for the implementation of smart contracts to ensure the traceability of the entire chain of commodity and information fl ws.Results. Implementation of the distributed ledger (blockchain) technology in the logistics processes of foreign and mutual trade increases the transparency of information fl ws and the speed of decisionmaking. This technology would allow the parties to negotiate directly, minimizing potential risks and the time required to approve a supply deal.Conclusions. The authors consider the possibility of using a systematic approach to the digitalization of transport and logistics processes and the subsequent standardization of information interaction at the B2B, B2G, and G2G levels, segmented by separate fields of transport and foreign trade and individual economic sectors. As a conclusion, the study assesses the prospects of the practical implementation of blockchain mechanisms in the creation of industrial platforms — digital platforms that provide integrated services for businesses and the government using a single window system.

scholarly journals Distributed Interoperable Records: The Key to Better Supply Chain Management

Computers ◽  
2021 ◽  
Vol 10 (7) ◽  
pp. 89
Author(s):  
Annegret Henninger ◽  
Atefeh Mashatan
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Gap Analysis ◽  
Global Supply Chain ◽  
Full Potential ◽  
Chain Management ◽  
Current State ◽  
Future State ◽  
Distributed Ledger ◽  
Distributed Ledger Technology

The global supply chain is a network of interconnected processes that create, use, and exchange records, but which were not designed to interact with one another. As such, the key to unlocking the full potential of supply chain management (SCM) technologies is achieving interoperability across participating records systems and networks. We review existing research and solutions using distributed ledger technology (DLT) and provide a survey of its current state of practice. We additionally propose a holistic solution: a DLT-based interoperable future state that could enable the interoperable, efficient, reliable, and secure exchange of records with integrity. Finally, we provide a gap analysis between our proposed future state and the current state, which also serves as a gap analysis for many fractional DLT-based SCM solutions and research.

scholarly journals Leveraging Blockchain Technology to Enhance Supply Chain Management in Healthcare:

2018 ◽  
Author(s):  
Kevin A. Clauson ◽  
Elizabeth A. Breeden ◽  
Cameron Davidson ◽  
Timothy K. Mackey
Keyword(s):  
Public Health ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Technology Use ◽  
Grey Literature ◽  
Data Provenance ◽  
Pharmaceutical Supply Chain ◽  
Chain Management ◽  
Blockchain Technology ◽  
Safety And Health

Background: Effective supply chain management is a challenge in every sector, but in healthcare there is added complexity and risk as a compromised supply chain in healthcare can directly impact patient safety and health outcomes. One potential solution for improving security, integrity, data provenance, and functionality of the health supply chain is blockchain technology. Objectives: Provide an overview of the opportunities and challenges associated with blockchain adoption and deployment for the health supply chain, with a focus on the pharmaceutical supply, medical device and supplies, Internet of Healthy Things (IoHT), and public health sectors. Methods: A narrative review was conducted of the academic literature, grey literature, and industry publications, in addition to identifying and characterizing select stakeholders engaged in exploring blockchain solutions for the health supply chain. Results: Critical challenges in protecting the integrity of the health supply chain appear well suited for adoption of blockchain technology. Use cases are emerging, including using blockchain to combat counterfeit medicines, securing medical devices, optimizing functionality of IoHT, and improving the public health supply chain. Despite these clear opportunities, most blockchain initiatives remain in proof-of-concept or pilot phase. Conclusion: Blockchain technology has the unrealized promise to help improve the health supply chain, but further study, evaluation and alignment with policy mechanisms is needed. Keywords: Blockchain, Distributed Ledger, Pharmacy, Pharmaceutical, Supply chain  

IoT: A Revolutionizing Step for Pharmaceutical Supply Chain Management During and After Covid19

2021 ◽  
pp. 349-360
Author(s):  
Amrita Verma Pargaien ◽  
Tushar Kumar ◽  
Monika Maan ◽  
Suman Sharma ◽  
Himanshu Joshi ◽  
...  
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Pharmaceutical Supply Chain ◽  
Chain Management

Factors Inhibiting Green Supply Chain Management Initiatives in a South African Pharmaceutical Supply Chain

2019 ◽  
pp. 306-336
Author(s):  
Aveshin Reddy ◽  
Micheline Juliana Naude
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Industrial Revolution ◽  
Government Support ◽  
Green Supply Chain Management ◽  
Green Supply Chain ◽  
Sustainable Competitive Advantage ◽  
Pharmaceutical Supply Chain ◽  
Chain Management ◽  
Study Approach

The Fourth Industrial Revolution and increased environmental awareness is forcing business leaders to adapt to the changing environment in functional areas such as the supply chain. This chapter focuses on the role of green supply chain management in achieving a sustainable competitive advantage, exploring the factors that affect green supply chain management initiatives at a leading pharmaceutical manufacturer in Durban. The study used a descriptive and exploratory case study approach in which in-depth interviews were conducted with 10 participants. Content analysis was used to analyze the collected data. The findings of the study reveal that the main factors affecting green supply chain management initiatives include high costs, lack of government support, and pressure to reduce selling prices. Since a limited number of studies have been conducted on this topic, the findings and recommendations of this work contribute to the existing body of research knowledge.

Sign in / Sign up

Export Citation Format

Share Document