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 Digital Technologies in Supply Chain Management in Production

2020 ◽  
Vol 159 ◽  
pp. 03006
Author(s):  
Roman Veynberg ◽  
Marina Koslova ◽  
Gani Askarov ◽  
Asan Bexultanov ◽  
Zarema Yussupova
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Information Technologies ◽  
Business Management ◽  
Digital Technologies ◽  
Digital Economy ◽  
Chain Management ◽  
Logistics Systems ◽  
Blockchain Technology ◽  
Management Processes

The article discusses the prospect of using digital technologies in supply chain management, as well as the main trends and features of the development of supply chain management at the plant. The article deals with issues related to the integration of blockchain technologies in the field of logistics and supply chain management. The article suggests using blockchain information technologies to optimize supply chain management processes in the context of enterprise virtualization and digital economy development. The study revealed the advantages of this approach over traditional business management technologies and logistics systems. The prospects for using blockchain technology in logistics and supply chain management are also analyzed.

International Experience of Using Blockchain Technology in Supply Chain Management

2018 ◽  
Vol 11 (4) ◽  
pp. 60-67 ◽  
Author(s):  
V. V. Panyukova
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Government Control ◽  
Economic Activities ◽  
Chain Management ◽  
Blockchain Technology ◽  
The Government ◽  
Business Entities ◽  
Counterfeit Products

The paper analyzes the advantages of using the blockchain technology in the supply chain management. It is determined that the blockchain will simplify the procedure of the government control over the supply chain and contribute to the implementation of the state policy aiming to reduce the level of counterfeit products and improve the quality of goods entering the retail network, which will have a direct impact on the socio-economic development of the regions. The subject of research is the organizational and technological mechanism of the interaction between business entities in the process of introduction and application of the blockchain technology for supply chain management. The purpose of the paper was to find out how to use the blockchain in logistics in the most effective way. The paper presents the summary of works of Russian and foreign economists and identifies the main areas of existing and prospective blockchain studies, formulates the principles for the promotion of the blockchain technology in logistics and identifies factors that impede the active use of the blockchaining by Russian and foreign businessmen. The necessity of the DLT/blockchain legalization in economic activities and determining the responsibility for including incomplete and/or unreliable information in a distributed ledger is substantiated.

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.

scholarly journals Risk Resilient Supply Chain Management using Blockchain Technology

2020 ◽  
Vol 6 (12) ◽  
pp. 33-39
Author(s):  
Harsh Yadav and Dr. Bhoomi Gupta
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Sustainable Supply Chain ◽  
Chain Management ◽  
Blockchain Technology ◽  
Current State ◽  
Supply Chain Management System ◽  
Web App ◽  
Resilient Supply Chain

In recent times, Blockchain technology (BCT) has also received considerable attention outside the financial sector. The thought of Blockchain is much beyond than Bitcoin and Cryptocurrencies. Exploring the chances within the Blockchain universe multiple applications of BCT in Supply Chain Management (SCM) are often implemented. During this paper, we shall combine these two perspectives on BCT in SCM to summarize a current state of the art and to derive avenues for further research. This paper aims to investigate the role of Blockchain in sustainable supply chain management and explore the applications which can contribute towards building a risk resilient supply chain. This paper examines the supply chain management system including the technologies involved and the methodologies. The approach used for making a supply chain monitoring web app through which we can implement a system which makes it easy and efficient to track a product throughout its life-cycle.

SOLVING LOGISTICS PROBLEMS AND OPTIMIZING SUPPLY CHAIN MANAGEMENT USING BLOCKCHAIN TECHNOLOGY

2021 ◽  
Vol 2 (8) ◽  
pp. 53-60
Author(s):  
M. E. FILKIN ◽  
◽  
M. A. BOZHKO ◽  
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Sales Management ◽  
Business Practice ◽  
Chain Management ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
Use Of Technology ◽  
Critical Problems

The article is devoted to the analysis of the advantages and risks of using distributed ledger technology in the tasks of logistics and supply chain management. The specificity of the blockchain system makes it possible to solve a number of critical problems of sales management in an enterprise, and, apparently, in one form or another, it will be introduced into economic and business practice. The use of technology will require a number of economic, legal and technological solutions, as well as taking into account new types of risks.

scholarly journals Revolutionizing Supply Chain Management Using Blockchain Technology

2021 ◽  
Vol 9 (11) ◽  
pp. 963-970
Author(s):  
Aditya P. Khandelwal
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Chain Management ◽  
Existing Problems ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Original Contribution ◽  
Current Scenario ◽  
Art Research ◽  
Stock Of Knowledge

Abstract: DSlesinger and M. Stephenson in the Enclyclopaedia of Social Sciences define research as “The manipulation of things concepts or symbols for the purpose of generalizing to extend, correct or verify knowledge, whether that knowledge aids in construction of theory or in practice of art” Research thus is an original contribution to the existing stock of knowledge making for its advancement. In short, the search for knowledge thorough objective and systematic method of finding solution to a problem is research.[1] This paper is written with the purpose exploring a possible use case of blockchain technology in supply chain management which has the potential to solve many of the existing problems related to the industry along with the scope of improving the same for better. Starting with the introductions of the technologies involved, the paper proceeds to discuss the limitations of supply chains in current scenario and then propose a method in which the adoption of this technology could take place followed by the limitations and hurdles associated with the adoption of this technology. Keywords: Blockchain, Supply chain, Distributed ledger, smart contract, Network.

Content-Based Transaction Access From Distributed Ledger of Blockchain Using Average Hash Technique

2021 ◽  
pp. 34-50
Author(s):  
Randhir Kumar ◽  
Rakesh Tripathi
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Financial Sector ◽  
Chain Management ◽  
Storage Structure ◽  
Storage Size ◽  
Blockchain Technology ◽  
Value Transfer ◽  
Distributed Ledger

There are many critical applications working with blockchain-based technology including the financial sector, healthcare, and supply chain management. The fundamental application of blockchain is Bitcoin, which was primarily designed for the financial value transfer. Owing to the feature of decentralized storage structure, immutability, integrity, availability, and reliability of transactions, the blockchain has become the need of the current industry like VANET. However, presently, not much work has been done in order to mitigate the redundancy in the distributed ledger. Hence, the authors arrive at the intelligible conclusion to detect a similar transaction that can mitigate the redundancy of transaction in a distributed ledger. In this chapter, they are addressing two main challenges in blockchain technology: firstly, how to minimize the storage size of blockchain distributed ledger and, secondly, detecting the similar transaction in the distributed ledger to mitigate the redundancy. To detect similar transaction from the distributed ledger they have applied the average hash technique.

Sign in / Sign up

Export Citation Format

Share Document