학술논문

A Fully Observable Supply Chain Management System Using Block Chain and IOT
Document Type
Conference
Source
2018 3rd International Conference for Convergence in Technology (I2CT) Convergence in Technology (I2CT), 2018 3rd International Conference for. :1-4 Apr, 2018
Subject
Aerospace
Bioengineering
Communication, Networking and Broadcast Technologies
Components, Circuits, Devices and Systems
Computing and Processing
Engineered Materials, Dielectrics and Plasmas
Fields, Waves and Electromagnetics
General Topics for Engineers
Nuclear Engineering
Photonics and Electrooptics
Power, Energy and Industry Applications
Robotics and Control Systems
Signal Processing and Analysis
Transportation
Supply chains
Companies
Supply chain management
Information technology
Servers
block chain
smart contracts
IOT
/ully observed system
transparent
Language
Abstract
The more traditional approach to supply chain has always been a web site that has been hosted on a server the company has to set up or get hosted from a provider. The supply chain data is centralized here, leaving the website the only gateway to the data, thus reducing the availability of data, increasing the risk factor, leading to an inflexible system where every update had to route to the hosted system. The orders, updates, changes, tracking details, and the details of customers, sellers, manufacturers of raw material, assemblers, and others have to be decentralized, that's the purpose of introducing traditional supply chain to the block chain. The decentralization of this data across different levels ranging from raw material manufacturer to the retailer will lead to a more flexible and transparent system. These traits would in turn result into a system where data flows faster than traditional centralized approach to supply chain management. Use of IOT ensures that there are no inconsistencies in the processes that are in-transit, automating the updating process that would other require human intervention.