Distributed Interoperable Records: The Key to Better Supply Chain Management
Figure: A Connected Supply Chain Using Interoperable DLTs.
Summary
The global supply chain is a network of interconnected processes that create, use, and exchange records, but which were not designed to interact with one another. As such, the key to unlocking the full potential of supply chain management (SCM) technologies is achieving interoperability across participating records systems and networks. We review existing research and solutions using distributed ledger technology (DLT) and provide a survey of its current state of practice. We additionally propose a holistic solution: a DLT-based interoperable future state that could enable the interoperable, efficient, reliable, and secure exchange of records with integrity. Finally, we provide a gap analysis between our proposed future state and the current state, which also serves as a gap analysis for many fractional DLT-based SCM solutions and research.
Keywords
records; record management; blockchain; DLT; identity management; supply chain management; interoperability; information sharing
2021 Journal Impact Factor: N/A
Publication date: July 2021
Links
References
| APA | Henninger, A, & Mashatan, A. (2021). Distributed Interoperable Records: The Key to Better Supply Chain Management. Computers, 10(7), 89. |
|---|---|
| BibTeX | @article{henninger2021distributed, title={Distributed Interoperable Records: The Key to Better Supply Chain Management}, author={Henninger, Annegret and Mashatan, Atefeh}, journal={Computers}, volume={10}, issue={7}, pages={89}, year={2021}, doi={10.3390/computers10070089} } |
| DOI | https://doi.org/10.3390/computers10070089 |
| IEEE | A. Henninger, and A. Mashatan. "Distributed Interoperable Records: The Key to Better Supply Chain Management," Computers, vol. 10, no. 7, p. 89, July 2021. |
| ISSN | 2073-431X |
Funding
This research was supported, in part, through generous contributions by Mavennet Systems Inc. (external link, opens in new window) and by and the National Research Council of Canada under the Industrial Research Assistance Program. (NRC-IRAP) (external link, opens in new window)