Skip to main content

Employment of Blockchain Technology in Supply Chain Management

  • Conference paper
  • First Online:
Advances in Manufacturing Technology and Management

Part of the book series: Lecture Notes in Mechanical Engineering ((LNME))

Abstract

Supply chain management is a significant part of industries all over the world as the satisfaction of customers owing to safe, secure and timely delivery of products relies on the strength of the supply chain system of any company, right from the stage when the products were anything but an unprocessed combination of raw materials. Our focus in this paper is to further strengthen the supply chain industry, take a turn from the traditional sense and apply a relatively new technology to the classic processes as we know them and study the synergy it produces. The paper commits to the role of explaining the culmination of supply and blockchain can lead to an efficient and secure way of doing business in various industries in the future. Furthermore, it describes that blockchain not only makes the supply chain management secure for all parties but it also makes the whole process efficient. A case study was done at an Amul warehouse, where different processes, and the turnaround time of carriers employed for them, were thoroughly studied and factors responsible for any delays and lack of efficiency were identified and scrutinised upon and finally alternative methods using blockchain technology were presented as means for improving the quality of the supply chain system as a unit, impacting the security, efficiency, trust and traceability.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 259.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 329.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 329.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Similar content being viewed by others

References

  1. Perboli G, Musso S, Rosano M (2018) Blockchain in logistics and supply chain: a lean approach for designing real-world use cases. IEEE J Mag 6:62018–62028

    Google Scholar 

  2. E. Tijan, S. Aksentijević, K. Ivanić, and M. Jardas, “Blockchain Technology Implementation in Logistics”, Sustainability, vol. 11, no. 4, 2019. https://doi.org/10.3390/su11041185

  3. Mentzer JT (2001) Defining supply chain management. J Bus Logist 22(2):1–25. https://doi.org/10.1002/j.2158-1592.2001.tb00001.x.

    Article  Google Scholar 

  4. Stock JR, Boyer SL (2009) Developing a consensus definition of supply chain management: a qualitative study. Int J Phys Distrib Logist Manag 39(8):690–711. https://doi.org/10.1108/09600030910996323

    Article  Google Scholar 

  5. Mettler M (2016) Blockchain technology in healthcare: the revolution starts here. In: IEEE 18th international conference on e-health networking, applications and services (Healthcom), pp 1–3. https://doi.org/10.1109/HealthCom.2016.7749510

  6. Astarita V, Giofrè VP, Mirabelli G, Solina V (2020) A review of blockchain-based systems in transportation. Information 11(1). https://doi.org/10.3390/info11010021

  7. Wang S, Yuan Y, Wang X, Li J, Qin R, Wang F (2018) An overview of smart contract: architecture, applications, and future trends. In: 2018, IEEE intelligent vehicles symposium (IV), pp 108–113. https://doi.org/10.1109/IVS.2018.8500488

  8. Cong LW, He Z (2019) Blockchain disruption and smart contracts. Rev Financ Stud 32(5):1754–1797. https://doi.org/10.1093/rfs/hhz007

    Article  Google Scholar 

  9. Treleaven P, Brown RG, Yang D (2017) Blockchain technology in finance. Computer 50(9):14–17. https://doi.org/10.1109/MC.2017.3571047

    Article  Google Scholar 

  10. Treiblmaier H (2018) The impact of the blockchain on the supply chain: a theory-based research framework and a call for action. Supply Chain Manag Int J 23(6):545–559. https://doi.org/10.1108/SCM-01-2018-0029

    Article  Google Scholar 

  11. Tan B, Yan J, Chen S, Liu X (2018) The impact of blockchain on food supply chain: the case of Walmart. Smart Blockchain, pp 167–177. https://doi.org/10.1007/978-3-030-05764-0_18

  12. Hofmann F, Wurster S, Ron E, Böhmecke-Schwafert M (2017) The immutability concept of blockchains and benefits of early standardization. In: ITU Kaleidoscope: challenges for a data-driven society (ITU K), pp 1–8. https://doi.org/10.23919/ITU-WT.2017.8247004

  13. Sunny J, Undralla N, Madhusudanan Pillai V (2020) Supply chain transparency through blockchain-based traceability: an overview with demonstration. Comput Ind Eng 150. https://doi.org/10.1016/j.cie.2020.106895

  14. Gurtu A, Johny J (2019) Potential of blockchain technology in supply chain management: a literature review. Int J Phys Distrib Logist Manag 49(9):881–900. https://doi.org/10.1108/IJPDLM-11-2018-0371

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding authors

Correspondence to Aman Pandey or M. S. Niranjan .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2023 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Pandey, A., Niranjan, M.S., Jha, A., Kamal, A. (2023). Employment of Blockchain Technology in Supply Chain Management. In: Singari, R.M., Jain, P.K., Kumar, H. (eds) Advances in Manufacturing Technology and Management. Lecture Notes in Mechanical Engineering. Springer, Singapore. https://doi.org/10.1007/978-981-16-9523-0_38

Download citation

  • DOI: https://doi.org/10.1007/978-981-16-9523-0_38

  • Published:

  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-16-9522-3

  • Online ISBN: 978-981-16-9523-0

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics