18 Leveraging Blockchain for Improved Supply Chain Management and Traceability in Industry 4.0
P. Balaji, Luigi Pio Leonardo Cavaliere, B. Nagarjuna, S. Ramesh Babu, M. Kavitha, and Barinderjit Singh
18.1 Introduction
In the contemporary world, businesses must prioritize the efficient and effective management of their supply chain to achieve success in most industries. While the traditional challenges of SCM such as timely delivery, cost minimization, and quality maintenance remain significant, the need for traceability and transparency has become increasingly important. Stakeholders including consumers, regulators, and others demand more visibility into supply chain operations to ensure ethical and sustainable ...
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