Arwa, Mukhtar and Awanis, Romli and Noorhuzaimi@Karimah, Mohd Noor and Mansoor, Abdullateef and Al-Bashiri, Hael (2012) Inventory visibility scenario to reduce safety stock in supply chain network using blockchain hyperledger composer. In: The International Conference on Software Engineering & Computer Systems , 24-26 August 2012 , Faculty of Computer Systems & Software Engineering , Universiti Malaysia Pahang.26600 Pekan , Pahang , Malaysia. pp. 1-6..
|
Pdf
Inventory Visibility Scenario to Reduce Safety Stock in Supply Chain Network Using Blockchain Hyperledger Composer.pdf Download (553kB) | Preview |
Abstract
Limited inventory visibility in supply chain networks increases stock levels and leads to negative consequences of stock repetition, bullwhip‐effect, inventory backlog, and out of stock situations. It is essential to increase the inventory visibility and reduce the safety stock level to exchanged inventory data between supply chain stakeholders to achieve inventory accuracy and efficiency accordingly. This paper presents a technical implementation of inventory visibility scenario to reduce safety stock level in Blockchain-based supply chain network. The proposed inventory visibility scenario provides access to accurate and up to date inventory levels and reduces the safety stock level accordingly. The scenario implemented using Blockchain Hyperledger Composer and tested in Blockchain Hyperledger Composer Bluemix. In the performance evaluation, the inventory visibility scenario compared to Cloud-based and traditional supply chain models in terms of reducing the safety stock level. Scenario results show improved inventory visibility and significant reduction in inventory safety stock compared to other models. This reduction prevents negative consequences of stock repetition, bullwhip‐effect, inventory backlog, and out of stock situations which helps in efficient inventory management and hence improves supply chain performance.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Uncontrolled Keywords: | Supply chain management; supply chain visibility; blockchain; smart contact; inventory visibility |
| Subjects: | Q Science > QA Mathematics > QA76 Computer software T Technology > T Technology (General) |
| Faculty/Division: | Institute of Postgraduate Studies Faculty of Computing |
| Depositing User: | Miss. Ratna Wilis Haryati Mustapa |
| Date Deposited: | 01 Sep 2021 15:36 |
| Last Modified: | 01 Sep 2021 15:36 |
| URI: | http://umpir.ump.edu.my/id/eprint/31879 |
| Download Statistic: | View Download Statistics |
Actions (login required)
 |
View Item |