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End-to-end visibility in global supply chains: blockchain and AI integration

Chaitanya Koneti, Gonesh Chandra Saha, Eric Howard

Research output: Contribution to journalArticlepeer-review

Abstract

End-to-end visibility in global supply chains has become a critical factor in achieving operationalefficiency, transparency, and resilience. The complexity of modern supply chains, characterized by multiplestakeholders and the movement of goods across borders, presents significant challenges in tracking, monitoring,and ensuring the authenticity of products. This paper explores the integration of blockchain technology andartificial intelligence (AI) to enhance end-to-end visibility in global supply chains. Blockchain provides animmutable, decentralized ledger that enables transparent tracking of goods, while AI adds predictive analytics andreal-time decision-making capabilities to optimize operations. By combining these technologies, organizationscan achieve greater traceability, reduce the risk of fraud, enhance inventory management, and improve overallsupply chain performance. The research highlights real-world case studies and examines the challenges andopportunities associated with implementing blockchain and AI in supply chains. This approach represents atransformative shift towards more secure, efficient, and data-driven supply chain management.
Original languageEnglish
Pages (from-to)545-555
Number of pages11
JournalEuropean Economic Letters
Volume14
Issue number4
DOIs
Publication statusPublished - 2024

Keywords

  • End-to-end visibility
  • global supply chains
  • blockchain
  • artificial intelligence
  • AI
  • transparency
  • supply chain optimization
  • predictive analytics
  • traceability
  • inventory management
  • fraud prevention
  • decentralized ledger
  • real-time decision-making

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