scholarly journals Application of Blockchain Technology in Value Chain of Procurement in Manufacturing Enterprises

2021 ◽  
Vol 2021 ◽  
pp. 1-8
Author(s):  
Yang Wang ◽  
Sichun Men ◽  
Tingting Guo

Blockchain technology, as a database which combines encryption algorithm, smart contract, consensus mechanism, time stamp, and other technologies, has received wide attention from all walks of life and can be used to solve such problems as asymmetric, incomplete, and untimely information in both interenterprise transactions and enterprise internal control management as a good solution owing to its characteristics of decentralization, traceability, and tamper-proofness. Consequently, it is worthy of studying how to apply blockchain technology to daily business activities of enterprises. In this paper, some problems existing in the value chain activities of the enterprise internal procurement are analyzed by designing the solutions to requisition, warehousing, and payment based on blockchain technology, in which the Hyperledger Fabric platform is selected as an implementation tool to simulate some purchasing data for testing procedures. After the successful test, the research conclusions and research prospects of this paper are thus proposed, proving the feasibility of applying the blockchain technology to the internal value chain management of the enterprise, which provides reference for the construction of the internal value chain management of the enterprise by the blockchain.

2017 ◽  
Vol 10 (3) ◽  
Author(s):  
Kuldeep Singh Rawat ◽  
Sanjeev Verma ◽  
Rakesh Raut

2021 ◽  
Vol 13 (13) ◽  
pp. 7139
Author(s):  
Ewa Walińska ◽  
Justyna Dobroszek

This article aims to present a profile of functional controllers created in German-speaking countries in the context of their competences and tasks for sustainable management and value chain creation. Sustainable chain management requires finding a balance between the economic, social, and environmental spheres, inside and outside the organizations, in all business functions/processes related to value chain formation. Managers for sustainable management need to have adequate and high-quality financial and non-financial information. They are crucial during the pandemic COVID-19 period. Functional controllers can provide this. Content analysis of job advertisements was used as a research method. The identification of competences was based on Cheetham and Chivers’ model. Tasks were referred to as essential functions of controlling. Descriptive statistics and the Student’s t-test with Cochran–Cox correction and the Wilcoxon-Mann–Whitney test were used to analyze the data. In terms of the studied controllers, more functional than meta competence was identified. There were more hard skills than soft skills. In terms of tasks, studied controllers are preoccupied with analysis, coordination and optimization, participation in management, definition of new tools, and reporting. The results confirm that functional controllers have an impact on sustainable development and value chain creation.


2020 ◽  
Vol 14 (4) ◽  
pp. 488-492
Author(s):  
Jovan Karamachoski ◽  
Ninoslav Marina ◽  
Pavel Taskov

Blockchain technology will bring a disruption in plenty of industries and businesses. Recently it proved the robustness, immutability, auditability, in many crucial practical applications. The blockchain structure offers traceability of actions, alterations, alerts, which is an important property of a system needed for development of sustainable technologies. A crucial part of the blockchain technology regarding the optimization of the processes is the smart contract. It is a self-executable computer code, open and transparent, encoding the terms of a regular contract. It is able to automate the processes, thus decreasing the human-factor mistakes or counterfeits. In this paper, we are presenting the feasibility of the blockchain technology in the certification processes, with an application developed for university diploma certification. The example is easily transferable in other areas and business models such as logistics, supply chain management, or other segments where certification is essential.


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