International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

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Enhancing Supply Chain Resilience: the Impact of Blockchain & Emerging Technologies on Traceability

Author(s) Manikandan Selvaraj, Rohit Raman
Country United States
Abstract Supply chain traceability is an invaluable tool for companies to gain a competitive advantage today. The ever-changing global business environment, unpredictable market conditions, and changing consumer preferences call for agile supply chain systems. The pandemic helped reveal the vulnerabilities within the supply chain networks that need addressing. Various challenges, such as data reliability and integration, affect the current supply chain traceability and must be addressed. Such factors lead to inefficiencies within the system, which affect the process and lead to inconsistencies. The paper uses a systematic literature review to identify recent challenges and solutions to supply chain traceability. An analysis of blockchain technology's role in promoting transparency and security in supply chain systems was conducted. Lastly, an in-depth analysis of how improving traceability can help the supply chain networks build resilience.
Keywords Supply Chains (SCs), Supply Chain Management (SCM), Supply Chain Systems (SMS), Supply Chain Traceability (SCT), Blockchain Technology
Field Business Administration
Published In Volume 6, Issue 4, July-August 2024
Published On 2024-08-31
Cite This Enhancing Supply Chain Resilience: the Impact of Blockchain & Emerging Technologies on Traceability - Manikandan Selvaraj, Rohit Raman - IJFMR Volume 6, Issue 4, July-August 2024. DOI 10.36948/ijfmr.2024.v06i04.26861
DOI https://doi.org/10.36948/ijfmr.2024.v06i04.26861
Short DOI https://doi.org/gt8gtn
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