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A Distributed Software Agent-centric Framework for Supply Chain Networks Empowered by Blockchain: Insights into Smart Contracts

Author

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  • Satyananda Swain

    (Berhampur University)

  • Manas Ranjan Patra

    (Berhampur University)

Abstract

The advent of Blockchain Technology (BCT), along with the use of smart contracts, has triggered a transformative phase for Supply Chain Networks (SCNs). In this work, we propose a distributed, smart contract-based Supply Chain Management (SCM) framework meticulously designed to monitor and control discrete operational phases in supply chains. Further, a software agent-based approach has been adopted for tracking supply chain operations, from the initiation of a purchase order to its final delivery. This research strives to establish a comprehensive framework for applying a Multi-Agent System (MAS) infused with BCT. A number of agents with specified roles have been deployed with a well-defined interaction architecture to drive the supply chain operations. The agents engage in effective coordination and monitoring of SCN activities. The overarching goal is to boost SCN performance in reliability, scalability, transparency, traceability, and resilience, mitigating deficiencies and enhancing overall efficiency.

Suggested Citation

  • Satyananda Swain & Manas Ranjan Patra, 2024. "A Distributed Software Agent-centric Framework for Supply Chain Networks Empowered by Blockchain: Insights into Smart Contracts," SN Operations Research Forum, Springer, vol. 5(2), pages 1-27, June.
    • Handle: RePEc:spr:snopef:v:5:y:2024:i:2:d:10.1007_s43069-024-00318-8
    DOI: 10.1007/s43069-024-00318-8
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    References listed on IDEAS

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    1. Pulkit Thakuriya & Sumeet Kaur & Vinaytosh Mishra, 2023. "Assessment of Blockchain Technology as Remedy to Counterfeit Drugs Problem in Pharmaceutical Supply Chain and Implementation Approach," SN Operations Research Forum, Springer, vol. 4(2), pages 1-16, June.
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    4. Ali Emrouznejad & Soumyadeb Chowdhury & Prasanta Kumar Dey, 2023. "Blockchain in operations and supply Chain Management," Annals of Operations Research, Springer, vol. 327(1), pages 1-6, August.
    5. Soumyadeb Chowdhury & Oscar Rodriguez-Espindola & Prasanta Dey & Pawan Budhwar, 2023. "Blockchain technology adoption for managing risks in operations and supply chain management: evidence from the UK," Annals of Operations Research, Springer, vol. 327(1), pages 539-574, August.
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