Blockchain-Based Agile Supply Chain Framework with IoT

Abstract

Agile supply chains facilitate sustainability through higher effectiveness and lower wastage. Agile supply chain frameworks in extant literature are designed for static supply chains and high-granular data that are only available at fixed periods. With the increasing interest in the Internet of Things (IoT) and blockchain technology for supply chain visibility and trust and the potential availability of fine-granular real-time data from related sensor networks, there is a need to reconsider existing agile supply chain frameworks. IoT and blockchain technology together reinforce the provision of trusted visibility that facilitates ease of tracking and tracing that is required in agile supply chains. We study existing agile supply chain frameworks and their characteristics – both positive and negative – and use this information to develop an agile supply chain framework that incorporates recent developments in IoT and blockchain technology.

Keywords: Agile Supply Chain Framework, Blockchain, IoT, RFID