The Role of AI and Blockchain in Supply Chain Traceability

Optimizing the abilities to boost numerous goals, such as budget, service, and reliability, is at the core of industrial automation. To do this, supply chain management must adopt the product lifecycle, manufacturing systems lifecycle, and economic cycle. In a nutshell, a manufacturing company gener...

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Bibliographic Details
Published in2023 3rd International Conference on Advance Computing and Innovative Technologies in Engineering (ICACITE) pp. 918 - 922
Main Authors Sherin, K., Kaur, Namita, Joshi, Ankita, B, Ravindar, Nayak, Pinki, Srinivas, Kolachina
Format Conference Proceeding
LanguageEnglish
Published IEEE 12.05.2023
Subjects
Bibliographies
blockchain
Blockchains
data integrity
Data privacy
data security
Fraud
Scalability
supply chain
Supply chain management
Supply chains
traceability
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Summary:Optimizing the abilities to boost numerous goals, such as budget, service, and reliability, is at the core of industrial automation. To do this, supply chain management must adopt the product lifecycle, manufacturing systems lifecycle, and economic cycle. In a nutshell, a manufacturing company generates a massive quantity of data. A distribution network stakeholder has accessibility to its data and may utilize AI to draw new insights. Since only little information is provided to the consumer, only a limited context can be established. With blockchain, everyone can see everyone else's data. As a result, an individual's stakeholder insights will be more substantial. This will aid in establishing an intelligent supply chain
DOI:10.1109/ICACITE57410.2023.10183214