Supply chains and operations have become more complex due to globalization, increased customer expectations, and a growing need for sustainable practices. This complexity often results in inefficiencies, lack of transparency, and vulnerabilities to disruptions. Additionally, traditional supply chain systems often suffer from latency issues due to centralized data processing and storage, adding to the challenge of real-time decision-making and operations management.
We propose to address these challenges by integrating Blockchain, Edge Computing, and Internet of Things (IoT) into supply chain operations. Blockchain offers decentralized and transparent record-keeping, enhancing security, trust, and traceability in transactions. Edge computing mitigates latency by processing data closer to its source, enabling real-time decision-making and operations management. IoT devices provide the necessary data collection points throughout the supply chain, aiding in tracking, monitoring, and analysis. By synergistically using these technologies, we aim to build a robust, efficient, and transparent supply chain system.