The Impact of Blockchain Technology and The Internet of Things on the Agile and Sustainable Supply Chain

Abstract

In addition to being a revolutionary technology for all industries, the Internet of Things; has also shown its potential in processes such as supply chain. With the advancement of technology and the emergence of the new era, the challenges of the traditional supply chain that follows a path from top to bottom (suppliers of raw materials to final consumers) are revealed. Also, due to environmental issues and the increasing speed of the changes in the needs of customers in various industries, including the retail industry, which has undergone many changes with the emergence of innovation, the entire path of the supply chain requires the implementation of strategies such as agile and green supply chains and achieving smartness. Therefore, emerging technologies such as The Internet of Things play a significant role in the agility and greenness of the entire retail supply chain. The presence of blockchain technology with decentralized data archiving in supply chain processes based on the Internet of Things guarantees the security of big data and helps in optimal data performance. This helps the agility of supply chain processes. In this chapter, dimensions, components, and key indicators effective in the implementation of an agile smart supply chain based on transformative technologies are examined.

Application of Internet of Things (IoT) in Sustainable Supply Chain Management

“…The role of IoT in supply chain management is unforgettable as it has enabled real-time monitoring of every stage of the chain to provide seamless movement of goods and information [12]. The first application of IoT in the supply chain was to identify and track items with the help of sensors and hand-held devices to control the flow of physical objects and information [13]. The decision process in the supply chain has been significantly improved due to an unprecedent amount of information generated in big data for processing.…”

An IoT and Blockchain-Based Secure and Transparent Supply Chain Management Framework in Smart Cities Using Optimal Queue Model

“…Immutable archives and records are created by combining blockchain with cloud-based SCMs [15]. Reuse, recycling, disassembly process, assembly, production, and designing processes are achieved by integrating CM, SCM, and blockchain [16]. Some of the challenges of SCM are poor inventory management, non-compliance, poor customer experience, increasing risks, long production cycles, rising logistics costs, and delays in delivery [17].…”