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

Ravi Chandra Koirala, Keshav Dahal, Santiago Matalonga, Rameshwar Rijal

    Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

    14 Citations (Scopus)
    369 Downloads (Pure)

    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
    Country/TerritoryMaldives
    CityIsland of Ukulhas
    Period26/08/1928/08/19
    Internet address

    Keywords

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

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