January 2023
Intermediate to advanced
250 pages
11h 7m
English
Content preview from Logistics and Supply Chain Management, 6th Edition
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Blockchains and smart contracts
One of the predominant problems which have beset modern supply chain management has been the lack of visibility and certainty that typify many extended global supply networks. Because these networks usually involve multiple nodes and links and cross many different geographical boundaries, it has become increasingly difficult to know precisely what the current status of an order, production schedule or shipment actually is. Each individual party or entity in the network will likely have information relating to their own processes or activities but this may not be shared with other members of the network.
Recently, however, the emergence of Blockchain technology promises to significantly change the supply chain ...
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