SUPPLY CHAIN MANAGEMENT INTEGRATED WITH BLOCKCHAIN TECHNOLOGY TOWARDS MILITARY LOGISTICS TRANSFORMATION

Abstract

The raison d' être of the topic at hand is to focus on the aspect of Military Logistics and its integration with Blockchain Technology. Supply Chain Management is not a novel concept now and has been there in the industry since 1960’s and 1970’s. It’s nothing but an addition over the Logistics Management of the erstwhile era and has actually engulfed Logistics as one of its domains. Both of them complement each other for the effective distribution of goods and services. But technology is like a river flowing in all its might, it is ever-evolving and presenting numerous challenges and rapid changes are taking almost every single day. The time for a disruption in the existing Supply Chain has come with the advent of blockchain technology as a form of Disruptive Technology that is going to change the landscape of Supply Chain Management and Logistics for ever. Blockchain technology is the basic technology behind the Cryptocurrency and fortunately not limited to the cryptocurrency domain, but has far wider implications. The main purpose of this review is to study the synergistic integration of blockchain technology with supply chain management and the ramifications in military logistics in times to come. The preview of this research work has been to understand the military logistics its nuances specially the Indian military logistics its strength , weakness , opportunities and challenges . The barrier(s) of blockchain adoption that is likely to occur and the mitigation strategies that may be of importance to negate these barriers in the military logistical framework has been the final outcome of this reasearh. In doing so the MCDM techniques of BWM(best worst methodology) and the QFD (Quality Functional Deployment) have been amalgamated together to arrive at a conclusion of the best mitigating strategy for the barriers of blockchain in supply chain. The research work starts with an introduction followed by the motivation to engage in the work. Subsequently the research problem and the objectives of the researchare dwelled upon . The research methodology adopted in the research work has also been outlined at the beginning of the research .