Effect of Information Technology and Blockchain in the Logistic Supply Chain in retail industry in Asian countries

Salma Akter Laboni

Jan-Feb-Mar

Abstract
This paper describes a summary of info flows and technology allowing the blockchain in supply chain within the retail industry. The supply base of many motorized manufacturers is being restructured, with great consequence for the way dealers connect with their retail industry partners. EDI is by far the most common communication technique used in the retail industry, though additional approaches are used as well. All these methods and the ways in which they support the information flows are explained in more detail. Companies are attempting to find ways to recover their elasticity and responsiveness and in turn competitiveness by changing their operations plan, methods and skills that include the implementation of Logistic Supply Chain Management (LSCM) paradigm. Hence, Information Technology (IT)& blockchain can enhance the agility of LSCM. In this paper, we specify the areas that IT & blockchain effects on LSC in retail industry in Asian countries.

Keyword: Logistic, Supply chain, Blockchain, information technology, retail industry

Research Area: Business

Country: Bangladesh

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