Journal of Information Technology & Software Engineering
Open Access
ISSN: 2165- 7866
ISSN: 2165- 7866
Sunil Koul
Enterprise Applications,
Restoration Hardware, Corte Madera, California
Tanzania
Short Communication
Value Creation through Blockchain Technology in Supply Chain Management
Author(s): Sunil KoulSunil Koul
In the last several years, digitization in supply chain management (SCM) has been primarily focused. The digital transformation has brought tremendous value to the supply chain organizations. As published in the article “How to Achieve Six-Figure Benefits from Digitizing Paper-Based Supply Chain Operations, 2018”, it has been proven that digital transformation has improved efficiencies and productivity in the supply chain operations by leaps and bounds. With the foundation of the Digital transformation now the current era of fast communication needs to use the blockchain technology in SCM. The primary objective of this paper is to focus on what values Blockchain in SCM can add for the customer and the business community. Using blockchain in SCM provides an incredible advantage of securing /retaining the origin of multiple entities (data), help detecting fraud, improve inve.. View More»
DOI:
10.4172/2165-7866.1000248