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.

scholarly journals Blockchain Technology for Sustainable Supply Chain Management: A Systematic Literature Review and a Classification Framework

2020 ◽  
Vol 12 (18) ◽  
pp. 7638 ◽  
Author(s):  
Vineet Paliwal ◽  
Shalini Chandra ◽  
Suneel Sharma
Keyword(s):  
Supply Chain ◽  
Information Systems ◽  
Supply Chain Management ◽  
Emerging Technology ◽  
Sustainable Supply Chain ◽  
Chain Management ◽  
Sustainable Supply Chain Management ◽  
Blockchain Technology ◽  
Classification Framework

Through a systematic review of publications in reputed peer-reviewed journals, this paper investigates the role of blockchain technology in sustainable supply chain management. It uses the What, Who, Where, When, How, and Why (5W+1H) pattern to formulate research objectives and questions. The review considers publications since 2015, and it includes 187 papers published in 2017, 2018, 2019, and the early part of 2020, since no significant publications were found in the year 2015 or 2016 on this subject. It proposes a reusable classification framework—emerging technology literature classification level (ETLCL) framework—based on grounded theory and the technology readiness level for conducting literature reviews in various focus areas of an emerging technology. Subsequently, the study uses ETLCL to classify the literature on our focus area. The results show traceability and transparency as the key benefits of applying blockchain technology. They also indicate a heightened interest in blockchain-based information systems for sustainable supply chain management starting since 2017. This paper offers invaluable insights for managers and leaders who envision sustainability as an essential component of their business. The findings demonstrate the disruptive power and role of blockchain-based information systems. Given the relative novelty of the topic and its scattered literature, the paper helps practitioners examining its various aspects by directing them to the right information sources.

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.

Mathematical Modeling of Supply Chain Management Systems

2010 ◽  
pp. 344-357
Author(s):  
N. Anbazhagan
Keyword(s):  
Mathematical Modeling ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Mathematical Models ◽  
Stochastic Models ◽  
Management System ◽  
Raw Materials ◽  
Chain Management ◽  
Supply Chain Management System

Supply Chain Management (SCM) is the practice of coordinating the flow of goods, services, information and finances as they move from raw materials to parts supplier to manufacturer to wholesaler to retailer to consumer. Different supply chains have been designed for a variety of firms and this chapter discusses some issues in this regard. This chapter attempts to find why we require different supply chain for different companies. In this chapter we discuss the role of stochastic models in supply chain management system, and also discuss other mathematical models for SCM.

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