Amplifying swift-trust, collaboration, and teamwork in warehouse management through blockchain-enabled technology
This study explores the application of blockchain technology in optimizing warehouse management, focusing on improving transparency, security, and operational efficiency. By utilizing a Blockchain-based Warehouse Platform (BCWP), the study enhances inventory tracking and supply chain transparency. A...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2024-12-01
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| Series: | Supply Chain Analytics |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2949863524000323 |
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| Summary: | This study explores the application of blockchain technology in optimizing warehouse management, focusing on improving transparency, security, and operational efficiency. By utilizing a Blockchain-based Warehouse Platform (BCWP), the study enhances inventory tracking and supply chain transparency. A fuzzy-Delphi method was employed to identify and evaluate critical blockchain practices, with their relative importance assessed using the Best-Worst Method (BWM). The Combined Compromise Solution (CoCoSo) technique further ranked key performance outcomes. The findings reveal that practices such as quality inspection and information sharing play a pivotal role in boosting warehouse performance. Additionally, the integration of blockchain technology led to significant improvements in transaction speed and operational efficiency. This research contributes to the existing literature by providing a structured decision-making framework for blockchain implementation, offering practical insights for supply chain managers aiming to streamline warehouse operations and enhance decision-making processes. |
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| ISSN: | 2949-8635 |