3 research outputs found
Industrial Case: Blockchain on Aircraft’s Parts Supply Chain Management
With the growth of aviation domain across the world, there has been steep demand in aircrafts. In this domain, avionic machines and hardware are shipped to single assembly hubs, located globally. All parts come with certain life expectancy, specific requirements and inevitable need for maintenance. In this paper, we will take an industrial scenario of aviation’s industries’ supply chain management, and demonstrate the necessitation of having decentralized system like Blockchain, not only assisting to maintain inventory of the aircraft’s individual segments but also to monitor the performance, usage, etc. This will help to achieve a transparent network of aircraft’s part’s supply and will reduce the risk of availability of aircraft segments in black market and will help the analysts to analyze the supply, demands, source of availability of aviation parts and method to procure them from the right sources
Proof of Delivery Smart Contract for Performance Measurements
The growth of the enterprise blockchain research supporting supply chain management calls for investigations of their impact and mindfulness of their design, use cases, and pilots. With a blockchain design for the Proof of Delivery (PoD) process management, this paper contributes to learning about performance measurement and the transaction costs implications during the development and application of smart contracts. An experimental design science approach is applied to develop an open-source blockchain to explore ways to make the delivery processes more efficient, the proof of delivery more reliable, and the performance measurements more accurate. The theory of Transaction Costs is applied to evaluate the cost implications of the adoption of smart contracts in the management of the PoD. The findings show that smart contracts make the delivery processes more efficient and proof of delivery more reliable. Yet, the methods and metrics are too complex and qualitative, limiting the smart contract’s capability to measure performance. Our findings indicate potential transaction costs reduction by implementing a blockchain-based performance measurement. The complexities of the delivery process and proof of delivery call for pre-contractual steps to identify the processes and performance metrics to design blockchains. Smart contracts need further development and digital aids to handle qualitative inspections and proof of delivery generation during the delivery process. The blockchain requires the system’s capacity to record off-chain transactions, such as in case of disputes resolutions. The authors extended blockchain research beyond the theoretical level, designing an open-source blockchain for supply chain management within the use case, pilot design, and case study.Safety and Security Scienc