A supply chain model with Blockchain-enabled reverse auction bidding process for transparency and efficiency

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Abstract

Blockchain technology as a foundation for distributed ledger offers an innovative platform for transparent and efficient transaction in Reverse Auction Bidding process in a supply chain for procuring carriers. This research work provides background and motivation for the use of Blockchain in such domains. A supply chain model is realized by deploying a smart contract in Blockchain and it considers multi-attribute of the carriers while procuring one through the reverse auction process. This research work validates the Blockchain-enabled supply chain model by simulating a supply chain proposed for a Dairy Company. Data to calibrate the simulation was taken from a published case study on Reverse Auctions in supply chain. The result shows that the model is a feasible scheme and its features will offset the challenges of current RAB process making it more efficient and transparent.
Original languageEnglish
Title of host publication13th International Conference on Software, Knowledge, Information Management and Applications (with The International Workshop on Applied Artificial Intelligence - AI) 26-28 August 2019, Island of UKULHAS, Maldives
Place of PublicationPiscataway, New Jersey
PublisherIEEE
Number of pages6
ISBN (Electronic)9781728127415, 9781728127408
ISBN (Print)9781728127422
DOIs
Publication statusPublished - 6 Feb 2020
EventInternational Conference on Software, Knowledge, Information Management and Applications - Island of Ukulhas, Maldives
Duration: 26 Aug 201928 Aug 2019
Conference number: 13
http://skimanetwork.info/skima2019/

Publication series

NameSKIMA Conference Proceedings
PublisherIEEE
ISSN (Print)2373-082X
ISSN (Electronic)2573-3214

Conference

ConferenceInternational Conference on Software, Knowledge, Information Management and Applications
Abbreviated titleSKIMA 2019
CountryMaldives
CityIsland of Ukulhas
Period26/08/1928/08/19
Internet address

Keywords

  • Blockchain
  • Reverse auction bidding
  • Supply chain
  • Smart contract

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    Koirala, R. C., Dahal, K., Matalonga, S., & Rijal, R. (2020). A supply chain model with Blockchain-enabled reverse auction bidding process for transparency and efficiency. In 13th International Conference on Software, Knowledge, Information Management and Applications (with The International Workshop on Applied Artificial Intelligence - AI) 26-28 August 2019, Island of UKULHAS, Maldives (SKIMA Conference Proceedings). IEEE. https://doi.org/10.1109/SKIMA47702.2019.8982476