Smart supply chain inventory management using blockchain technology

Notice

This is an unedited manuscript accepted for publication and provided as an Article in Press for early access at the author’s request. The article will undergo copyediting, typesetting, and galley proof review before final publication. Please be aware that errors may be identified during production that could affect the content. All legal disclaimers of the journal apply.

Year : 2025 | Volume :12 | Issue : 01 | Page : –
By
vector

Pooja Pandya,

vector

Sarika Odiya,

vector

Sonal Bhatu,

  1. Assistant Professor, Department of Computer Application, Noble University, Junagadh, Gujarat, India
  2. Assistant Professor, Department of Computer Application, Noble University, Junagadh, Gujarat, India
  3. Assistant Professor, Department of Computer Application, Noble University, Junagadh, Gujarat, India

Abstract

“] document.addEventListener(‘DOMContentLoaded’,function(){frmFrontForm.scrollToID(‘frm_container_abs_144408’);});Edit Abstract & Keyword

This study examines the significant potential of blockchain technology in enhancing smart supply chain inventory management. It tackles ongoing issues like inconsistent inventory records, data update delays, and high operational costs due to manual processes and the involvement of intermediaries. Blockchain uses a decentralized and immutable ledger to provide all participants in the supply chain with real-time access to accurate data, promoting transparency and reducing discrepancies. The research emphasizes the importance of smart contracts in automating key supply chain tasks such as order placement, shipment verification, and inventory updates. The study presents a thorough approach to implementing blockchain technology, covering aspects from data collection and network setup to smart contract design, testing, deployment, and ongoing improvement. Blending theoretical insights with analysis, the research highlights the significant benefits of blockchain in creating more efficient and cost-effective supply chains, advocating for broader adoption of this technology in supply chain management.

Keywords: Blockchain technology, EOQ inventory management, Supply chain management, Logistic Management, Sharding, Sof fork

[This article belongs to Journal of Advanced Database Management & Systems (joadms)]

How to cite this article:
Pooja Pandya, Sarika Odiya, Sonal Bhatu. Smart supply chain inventory management using blockchain technology. Journal of Advanced Database Management & Systems. 2025; 12(01):-.
How to cite this URL:
Pooja Pandya, Sarika Odiya, Sonal Bhatu. Smart supply chain inventory management using blockchain technology. Journal of Advanced Database Management & Systems. 2025; 12(01):-. Available from: https://journals.stmjournals.com/joadms/article=2025/view=0

“]document.addEventListener(‘DOMContentLoaded’,function(){frmFrontForm.scrollToID(‘frm_container_ref_144408’);});Edit

References

  1. Sharabati AA, Jreisat ER. Blockchain Technology Implementation in Supply Chain Management: A Literature Review. Sustainability. 2024 Mar 28;16(7):2823.
  2. Paliwal V, Chandra S, Sharma S. Blockchain technology for sustainable supply chain management: A systematic literature review and a classification framework. Sustainability. 2020 Sep 16;12(18):7638.
  3. Tian F. An agri-food supply chain traceability system for China based on RFID & blockchain technology. In2016 13th international conference on service systems and service management (ICSSSM) 2016 Jun 24 (pp. 1-6). IEEE.
  4. Kouhizadeh M, Sarkis J. Blockchain practices, potentials, and perspectives in greening supply chains. Sustainability. 2018 Oct 12;10(10):3652.
  5. Saberi S, Kouhizadeh M, Sarkis J, Shen L. Blockchain technology and its relationships to sustainable supply chain management. International journal of production research. 2019 Apr 3;57(7):2117-35.
  6. Casado-Vara R, Prieto J, De la Prieta F, Corchado JM. How blockchain improves the supply chain: Case study alimentary supply chain. Procedia computer science. 2018 Jan 1;134:393-8.
  7. Chang Y, Iakovou E, Shi W. Blockchain in global supply chains and cross border trade: a critical synthesis of the state-of-the-art, challenges and opportunities. International Journal of Production Research. 2020 Apr 2;58(7):2082-99.
  8. Treiblmaier H. The impact of the blockchain on the supply chain: a theory-based research framework and a call for action. Supply chain management: an international journal. 2018 Oct 22;23(6):545-59.
  9. Azzi R, Chamoun RK, Sokhn M. The power of a blockchain-based supply chain. Computers & industrial engineering. 2019 Sep 1;135:582-92.
  10. Hu W, Hu YW, Yao WH, Lu WQ, Li HH, Lv ZW. A blockchain-based smart contract trading mechanism for energy power supply and demand network. Advances in Production Engineering & Management. 2019 Sep 1;14(3):284-96.
Regular Issue Subscription Review Article
Volume 12
Issue 01
Received 20/12/2024
Accepted 03/01/2025
Published 08/01/2025
143