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Revolutionizing Supply Chain Processes: Harnessing the Power of IoT and Blockchain Technology to Enhance Opportunities

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Innovative Technologies for Enhancing Experiences and Engagement

Part of the book series: SpringerBriefs in Applied Sciences and Technology ((BRIEFSAPPLSCIENCES))

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Abstract

The present study investigates the potential of enhancing the efficiency of supply chain procedures by employing the internet of things and blockchain technology. This is particularly relevant in light of the COVID-19 outbreak, which has highlighted the importance of creating robust and dependable supply chain systems that are less dependent on human intervention and more effective in regulating the movement of goods. The research examined 47 publications that concentrated on sustainability, traceability, machine learning, big data, artificial intelligence, and resilience. In the contemporary business landscape, the prosperity of a corporation relies not only on its internal functions but also on the competence and productivity of its complete supply network. Monitoring commodities during their progression through the value chain has become progressively intricate. Still, companies can leverage IoT and blockchain technology to monitor and track products, ensure privacy and security, and optimise operations in manufacturing, food supply chains, transportation, and warehousing. Combining IoT and blockchain technology can enhance supply chain transparency and trust. The research highlights the importance of big data analytics, machine learning, and artificial intelligence in supporting sustainable social, economic, and environmental development.

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Acknowledgements

This research is under Quality Engineering Research Cluster.

Author information

Authors and Affiliations

  1. Malaysian Institute of Industrial Technology, Universiti Kuala Lumpur, Johor, Malaysia

    Ishamuddin Mustapha & Ishamuddin Mustapha

  2. Business School, Universiti Kuala Lumpur, Kuala Lumpur, Malaysia

    Nohman Khan

  3. Teesside University International Business School, Teesside University, Clarendon Building, Tees Valley, Middlesbrough, TS1 3BX, England

    Muhammad Imran Qureshi

  4. Azman Hashim International Business School, Universiti Teknologi Malaysia, Johor Bahru, Malaysia

    Huma Sikandar

  5. Department of Management Sciences, Abbottabad University of Science & Technology, Abbottabad, Pakistan

    Muhammad Hassan

  6. Institut Transportasi dan Logistik Trisakti, Jakarta, Indonesia

    Juliater Simarmata

Authors
  1. Ishamuddin Mustapha
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  2. Nohman Khan
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  3. Muhammad Imran Qureshi
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  4. Huma Sikandar
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  5. Muhammad Hassan
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  6. Juliater Simarmata
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Corresponding author

Correspondence to Ishamuddin Mustapha .

Editor information

Editors and Affiliations

  1. Dept. of Marine Engineering Technology, University of Kuala Lumpur, Kuala Lumpur, Malaysia

    Azman Ismail

  2. Computing, Informatics & Mathematics, Universiti Teknologi MARA, College of, Machang, Malaysia

    Fatin Nur Zulkipli

  3. Malaysian Institute of Industrial Techn, Universiti Kuala Lumpur, Masai, Johor, Malaysia

    Rahimah Mahat

  4. Malaysian Inst. of Industrial Technology, University of Kuala Lumpur, Masai, Johor, Malaysia

    Mohd Amran Mohd Daril

  5. Faculty of Mechanical Engineering, Esslingen University of Applied Sciences, Esslingen am Neckar, Baden-Württemberg, Germany

    Andreas Öchsner

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Mustapha, I., Khan, N., Qureshi, M.I., Sikandar, H., Hassan, M., Simarmata, J. (2024). Revolutionizing Supply Chain Processes: Harnessing the Power of IoT and Blockchain Technology to Enhance Opportunities. In: Ismail, A., Zulkipli, F.N., Mahat, R., Mohd Daril, M.A., Öchsner, A. (eds) Innovative Technologies for Enhancing Experiences and Engagement. SpringerBriefs in Applied Sciences and Technology. Springer, Cham. https://doi.org/10.1007/978-3-031-55558-9_10

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