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Infusing Blockchain in Supply Chain Operations of a Public Distribution System
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The supply chain operations need to be designed to minimize both human and economic losses to assure their effectiveness during a crisis situation. Various mathematical models using optimization techniques and algorithms have been developed to address the problems of supply chains post various disaster phases. Models and techniques developed to overcome various disasters motivate the need to overlook the literature and carry out a systematic review of technological applications supporting the effectual supply chain management. Various technology platforms are evolving which can provide efficient, secure and transparent supply chain operations. The research paper focuses on examining the role of blockchain technology in improving supply chain requirements, improving transparency and visibility among the members of the supply chain for developing holistic and inclusive solutions in a public distribution system (PDS). The theme is to highlight the difference between the conventional supply chain and blockchain technology infused supply chain operations facilitating smooth and transparent transactions in the PDS.
Keywords
Supply Chain, E-Supply Chain Management, Industry 4.0, Blockchain, Public Distribution System (PDS).
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