Exploring Benefits of Secure Supply Chain Management with IoT and Blockchain Technology
Discover the advantages of integrating IoT and blockchain technology for secure supply chain management. Learn about the importance of security, IoT's role, blockchain technology, and the benefits they bring to real-world business operations.
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Presentation Transcript
Exploring the Benefits of Secure Supply Chain Management through IoT and Blockchain Technology Team Name : KBD
Overview Introduction What is Supply Chain Management ? Importance of Security in Supply Chain Management loT and its Role in Secure Supply Chain Management Blockchain Technology in Supply Chain Management Benefits of Secure Supply Chain Management Through loT and Blockchain Technology Problem of Real-World Conclusion and Future Outlook
Team Composition University/ College # Team Member Specialization Role 1 Kartavya Geeta University AI Reasearch 2 Bushra Jamia Electronics Handler millia islamia 3 Deepika Geeta University Web Presenter Develepement
INTRODUCTION Businesses aiming to safeguard the integrity of their goods and services in the contemporary digital era must prioritise secure supply chain management. Using blockchain and IoT together can have a number of benefits.
What Management? is Supply Chain The idea of supply chain management is making sure that goods and services are moved efficiently and effectively from the point of origin to the point of consumption. However, in the current digital era, security concerns have grown to be a significant problem.the combination of blockchain and loT .
THE IMPORTANCE OF SECURITY IN SUPPLY CHAIN Thesupply chain process can be made more secure, traceable, and transparent by integrating IoT and blockchain technology. Additionally, it can track products in real-time, lessen fraud, and increase efficiency. Discover the advantages of blockchain and IoT-based safe supply chain management.
IOT AND ITs ROLE IN SECURE SUPPLY CHAIN MANAGEMENT IoT's Place in Safe Supply Chain Management IoT is essential for maintaining a secure supply chain management system since it allows for real-time product tracking, keeps track of warehouse conditions, and guarantees on-time delivery. Additionally, it can lower manual errors and aid in the detection of fraudulent activity, thus enhancing the efficiency of the entire supply chain process.
BLOCKCHAIN TECHNOLOGY IN SUPPLY CHAIN MANAGEMENT Blockchain technology can enhance supply chain management by ensuring secure and transparent transactions, reducing fraudulent activities, and improving traceability and accountability. It can also enable automation and smart contracts, ultimately streamlining the entire supply chain process.
THE BENEFITS OF SECURE MANAGEMENT THROUGH IOTAND BLOCKCHAIN TECHNOLOGY Enhanced Visibility and Transparency IoT devices can trace the movement of commodities, giving all parties engaged in the supply chain process real-time visibility and transparency. This guarantees efficient and safe delivery and transportation of products. Enhanced Trust and Security IoT and blockchain technology working together makes the supply chain reliable and safe.
CASE STUDIES AND REAL-WORLD EXAMPLES Blockchain technology can enhance supply chain management by ensuring safe and transparent transactions, reducing fraud, and boosting traceability and accountability. It can also support automation and smart contracts, which will ultimately streamline the entire supply chain process.
CONCLUSION AND FUTURE OUTLOOK Benefits of Secure Supply Chain Management IoT and blockchain technology integration in supply chain management can lead to more secure and transparent processes. Real-time information sharing and enhanced tracking ensures better ef ciency and reduced shipping time. This technology is expected to become more popular among businesses in the future as it provides a safer and more reliable supply chain management solution.
