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Blockchain has potential to revolutionize how manufacturers design,
engineer, make and scale their products. Blockchain is gradually
proving to be an effective "middleware" solution for enabling
seamless interoperability within complex supply chains. Due to its
technological nature, blockchain enables secure, transparent and
fast data exchanges as well as allowing for the creation of
immutable records databases The main advantage of Blockchain in
Manufacturing Industries is product traceability, supply chain
transparency, compliance monitoring, and auditability. Moreover,
leveraging blockchain technology into a manufacturing enterprise
can enhance its security and reduce the rates of systematic
failures. So, blockchain is now used in various sectors of the
manufacturing industry, such as automotive, aerospace, defense,
pharmaceutical, consumer electronics, textile, food and beverages,
and more. Hence, Blockchain should be seen as an investment in
future-readiness and customer-centricity, not as an experimental
technology - because, the evidence is overwhelming. This book will
explore the strengths of Blockchain adaptation in Manufacturing
Industries and Logistics Management, cover different use cases of
Blockchain Technology for Manufacturing Industries and Logistics
Management, and will discuss the role, impact and challenges of
adopting Blockchain in Manufacturing industries and Logistics
Management. The chapters will also provide the current open issues
and future research trends of Blockchain, especially for
Manufacturing Industries and Logistics, and will encapsulate
quantitative and qualitative research for a wide spectrum of
readers of the book.
Blockchain technology has the potential to utterly transform supply
chains, streamline processes, and improve the whole of security.
Manufacturers across the globe face challenges with forecasting
demand, controlling inventory, and accelerating digital
transformation to cater to the challenges of changing market
dynamics and evolving customer expectations. Hence, blockchain
should be seen as an investment in future-readiness and
customer-centricity, not as an experimental technology. Utilizing
Blockchain Technologies in Manufacturing and Logistics Management
explores the strengths of blockchain adaptation in manufacturing
industries and logistics management, which include product
traceability, supply chain transparency, compliance monitoring, and
auditability, and also examines the current open issues and future
research trends of blockchain. Leveraging blockchain technology
into a manufacturing enterprise can enhance its security and reduce
the rates of systematic failures. Covering topics such as fraud
detection, Industry 4.0, and security threats, this book is a ready
premier reference for graduate and post-graduate students,
academicians, researchers, industrialists, consultants, and
entrepreneurs, as well as micro, small, and medium enterprises.
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