Abstract
Due to the increasing complexity of supply chains over the past years, many factors significantly contribute to lowering the supply chains performance. Poor visibility is one of the major challenging factors that lowers supply chains performance. This paper proposes a Blockchain-based supply chain network model to improve the supply chain visibility. The model focuses in improving the visibility measurements properties: information sharing, traceability, and inventory visibility. The proposed model consists of information sharing, traceability, and inventory visibility platforms based on Blockchain technology smart contract. The model built with Hyperledger platform and extend the Hyperledger Composer Supply Chain Network (HCSC) model. The research is designed to three main phases. First phase: the preliminary phase which is the literature review phase to identify the existing challenges in the domain. The second phase: the design and implementation phase which is the development steps of the proposed research model. The third phase: the evaluation phase which represent the performance evaluation of the proposed model and the comparisons between the proposed model and the existing models. In the evaluation performance, the common performance metrics Lead time and average inventory levels will be compared in the proposed model, Cloud-based information system, and the traditional supply chain. These proposed platforms offer an end-to-end visibility of products, orders, and stock levels for supply chain practitioners and customers within supply chain networks. Which helps managers’ access key information that support critical business decisions and offers essential criteria for competitiveness and therefore, enhance supply chain performance.
Highlights
Given the globalization and expansion in the supply chain operations, the complexity of chain operations have been increased [1,2,3,4]
Poor visibility is a major challenge in supply chain networks as it is considered as an obstacle to efficient supply chain performance
Prior studies have dealt with the issue, still poor visibility under an increasingly complex supply chain networks environment a major challenge for supply chain executives
Summary
Given the globalization and expansion in the supply chain operations, the complexity of chain operations have been increased [1,2,3,4]. It is critical for firms that experiences such problems caused by poor visibility to adopt new innovative technologies and business models to overcome these challenges [11]. Leading-edge firms using Blockchain technology to optimize their business processes, velocity, throughput, latency, compliance, cost-effective, provenance awareness, and building trust [12]. Blockchain technology has been used to enhance cost effectiveness and security of supply chain transactions [13], physical distribution visibility and shipment tracking [14], risk management [15]. In this paper, a Blockchain-based supply chain model is proposed to improve supply chain visibility using Blockchain smart contract.
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