Open AccessRisk Resilient Supply Chain Management using Blockchain Technology
Author(s) -
Harsh Yadav and Dr. Bhoomi Gupta
Publication year - 2020
Publication title -
international journal of modern trends in science and technology
Language(s) - English
Resource type - Journals
ISSN - 2455-3778
DOI - 10.46501/ijmtst061207
Subject(s) - blockchain , supply chain , supply chain management , cryptocurrency , supply chain risk management , risk management , product lifecycle , risk analysis (engineering) , product (mathematics) , process management , computer science , service management , business , computer security , new product development , marketing , finance , geometry , mathematics
In recent times, Blockchain technology (BCT) has also received considerable attention outside the financialsector. The thought of Blockchain is much beyond than Bitcoin and Cryptocurrencies. Exploring the chanceswithin the Blockchain universe multiple applications of BCT in Supply Chain Management (SCM) are oftenimplemented. During this paper, we shall combine these two perspectives on BCT in SCM to summarize acurrent state of the art and to derive avenues for further research. This paper aims to investigate the role ofBlockchain in sustainable supply chain management and explore the applications which can contributetowards building a risk resilient supply chain.This paper examines the supply chain management system including the technologies involved and themethodologies. The approach used for making a supply chain monitoring web app through which we canimplement a system which makes it easy and efficient to track a product throughout its life-cycle.