Open AccessEase of Blockchain in Supply Chain Management
Author(s) -
S. Sobana,
Sandeep Arya,
; Sandra,
Jenson,
Hari P. Krishnan,
Syam G. Krishnan,
P K Ameefa
Publication year - 2021
Publication title -
international journal of advanced research in science, communication and technology
Language(s) - English
Resource type - Journals
ISSN - 2581-9429
DOI - 10.48175/ijarsct-2418
Subject(s) - supply chain , blockchain , business , certification , counterfeit , supply chain management , process management , quality (philosophy) , control (management) , industrial organization , computer security , marketing , computer science , philosophy , epistemology , political science , law , artificial intelligence
Supply chain management is the controlling of all production flow of a good or services starting from raw material to finished goods. A company creates a chain of suppliers including the suppliers of raw materials to those organizations that deal directly with users. Blockchain creates a important role in helping eliminates duplicative and error full transactions and helping create a digital identity. in supply chain management blockchain help the organisation to record the important information more effectively to manage the supply chain, such as price, date, location, quality and certification. The availability of such information within blockchain can help to process the loss from counterfeit and gray market ,also control compliance over outsourced contract manufacturing and such potentiality increases the organization position as a responsible manufacturing.