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Title: :  ENHANCING,EFFICIENCY,TRANSPARE NCY, AND SECURITY OF SUPPLY CHAIN MANAGEMENT USING BLOCKCHAIN
PaperId: :  21779
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 9 Issue 5 2023
DUI:    16.0415/IJARIIE-21779
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
Naresh SharmaBannari Amman Institute of Technology, Tamil Nadu, India
Hari OmBannari Amman Institute of Technology, Tamil Nadu, India
Priya LBannari Amman Institute of Technology, Tamil Nadu, India

Abstract

Computer Engineering
Blockchain, Supply Chain Management, Efficiency, Transparency, Security, Smart Contracts, Distributed Ledger Technology.
The integration of blockchain technology into supply chain management (SCM) has gained significant attention due to its potential to revolutionize traditional practices. Blockchain, a distributed ledger technology (DLT), offers several advantages over existing SCM,systems, including enhanced efficiency, transparency, and security. The study explores the transformative potential of blockchain to address the pressing need for improved efficiency, transparency, and security within the supply chain ecosystem. The advent of globalized markets and complex supply chains has exposed inefficiencies, opacities, and vulnerabilities within SCM. Traditional systems fall short in addressing these challenges, leading to delayed deliveries, counterfeit products, and increased operational costs. To bridge this gap, the study proposes a robust blockchain-based SCM system that combines smart contracts, DLT, and data analytics. The proposed system streamlines processes, enhances traceability, and fortifies security. Empirical findings demonstrate a significant reduction in processing times, a notable increase in transparency throughout the supply chain, and a substantial decrease in instances of fraud and counterfeiting. The study discusses the implications of these findings, emphasizing how blockchain technology can reshape SCM. It also provides insights into the potential challenges and the need for industry-wide adoption. In conclusion, the study underscores the potential of blockchain technology to revolutionize SCM by enhancing efficiency, transparency, and security.

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IJARIIE Naresh Sharma, Hari Om, and Priya L. "ENHANCING,EFFICIENCY,TRANSPARE NCY, AND SECURITY OF SUPPLY CHAIN MANAGEMENT USING BLOCKCHAIN" International Journal Of Advance Research And Innovative Ideas In Education Volume 9 Issue 5 2023 Page 1661-1670
MLA Naresh Sharma, Hari Om, and Priya L. "ENHANCING,EFFICIENCY,TRANSPARE NCY, AND SECURITY OF SUPPLY CHAIN MANAGEMENT USING BLOCKCHAIN." International Journal Of Advance Research And Innovative Ideas In Education 9.5(2023) : 1661-1670.
APA Naresh Sharma, Hari Om, & Priya L. (2023). ENHANCING,EFFICIENCY,TRANSPARE NCY, AND SECURITY OF SUPPLY CHAIN MANAGEMENT USING BLOCKCHAIN. International Journal Of Advance Research And Innovative Ideas In Education, 9(5), 1661-1670.
Chicago Naresh Sharma, Hari Om, and Priya L. "ENHANCING,EFFICIENCY,TRANSPARE NCY, AND SECURITY OF SUPPLY CHAIN MANAGEMENT USING BLOCKCHAIN." International Journal Of Advance Research And Innovative Ideas In Education 9, no. 5 (2023) : 1661-1670.
Oxford Naresh Sharma, Hari Om, and Priya L. 'ENHANCING,EFFICIENCY,TRANSPARE NCY, AND SECURITY OF SUPPLY CHAIN MANAGEMENT USING BLOCKCHAIN', International Journal Of Advance Research And Innovative Ideas In Education, vol. 9, no. 5, 2023, p. 1661-1670. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/ENHANCING_EFFICIENCY_TRANSPARE_NCY__AND_SECURITY_OF_SUPPLY_CHAIN_MANAGEMENT_USING__BLOCKCHAIN_ijariie21779.pdf (Accessed : ).
Harvard Naresh Sharma, Hari Om, and Priya L. (2023) 'ENHANCING,EFFICIENCY,TRANSPARE NCY, AND SECURITY OF SUPPLY CHAIN MANAGEMENT USING BLOCKCHAIN', International Journal Of Advance Research And Innovative Ideas In Education, 9(5), pp. 1661-1670IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/ENHANCING_EFFICIENCY_TRANSPARE_NCY__AND_SECURITY_OF_SUPPLY_CHAIN_MANAGEMENT_USING__BLOCKCHAIN_ijariie21779.pdf (Accessed : )
IEEE Naresh Sharma, Hari Om, and Priya L, "ENHANCING,EFFICIENCY,TRANSPARE NCY, AND SECURITY OF SUPPLY CHAIN MANAGEMENT USING BLOCKCHAIN," International Journal Of Advance Research And Innovative Ideas In Education, vol. 9, no. 5, pp. 1661-1670, Sep-Oct 2023. [Online]. Available: https://ijariie.com/AdminUploadPdf/ENHANCING_EFFICIENCY_TRANSPARE_NCY__AND_SECURITY_OF_SUPPLY_CHAIN_MANAGEMENT_USING__BLOCKCHAIN_ijariie21779.pdf [Accessed : ].
Turabian Naresh Sharma, Hari Om, and Priya L. "ENHANCING,EFFICIENCY,TRANSPARE NCY, AND SECURITY OF SUPPLY CHAIN MANAGEMENT USING BLOCKCHAIN." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 9 number 5 ().
Vancouver Naresh Sharma, Hari Om, and Priya L. ENHANCING,EFFICIENCY,TRANSPARE NCY, AND SECURITY OF SUPPLY CHAIN MANAGEMENT USING BLOCKCHAIN. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2023 [Cited : ]; 9(5) : 1661-1670. Available from: https://ijariie.com/AdminUploadPdf/ENHANCING_EFFICIENCY_TRANSPARE_NCY__AND_SECURITY_OF_SUPPLY_CHAIN_MANAGEMENT_USING__BLOCKCHAIN_ijariie21779.pdf
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