The presentation looks at the usefulness of smart contracts in the supply chain and logistics sector to make them more efficient. Smart Contracts are contracts enforced upon blockchain to improve trust, traceability, and transparency in the whole supply chain.

1. SMART
CONTRACTS
FOR SUPPLY
CHAIN
MANAGEMENT

2. TABLE
OF
CONTENTS
EXISTING SOLUTIONS
03
INTRODUCTION
01
SMART CONTRACTS
02
04
05
06
07
PROPOSED
METHODOLOGY
PROJECT PROGRESS
REFERENCES
LIMITATIONS OF EXISTING
SOLUTIONS

3. INTRODUCTION
Supply chain is a network between a company and its
suppliers to produce and distribute a specific product to the
final consumer.
Challenges with supply chain management:
1. Product traceability
2. Managing disruptions in supply chain
3. A greater push for transparency in supply
4. Building trust and reputation
We will be using smart contracts to address these challenges.
INTRODUCTION

4. INTRODUCTION Smart Contracts are digital agreements between two or more
parties, written in code and deployed on the blockchain which
can self-execute when the required conditions are met. Smart
contracts can be used to address coordination challenges in
supply chain management by increasing transparency,
traceability, and efficiency. They also help build up trust in the
supply chain and make it more agile.
SMART
CONTRACTS

5. INTRODUCTION
EXISTING
SOLUTIONS
● Supply Chain Management using RFID
● Nakasumi [3] proposed a new information-sharing
scheme based on blockchain technology. Users can
manage their data and understand the data being
collected about them and how to use it without
trusting any third party.

6. INTRODUCTION
LIMITATIONS
OF EXISTING
SOLUTIONS
1. Multi-party authentication takes time.
2. End-to-end product tracking is difficult.
3. Centralized Management of the supply chain
4. The possibility of delivery company tapering with data.

7. INTRODUCTION
PROPOSED
METHODOLOGY
Identify
Decide on terms of contract and come to agreement
regarding change of value
Create
Write conditions for execution in code so that
actions can be automated
Deploy
Deploy contract on ethereum and wait for
conditions to be met
Execute
Send trigger to the contract and if all
conditions are met, the contract shall self-
execute
Record
Outcomes are updated on the
blockchain network permanently and
updated across all nodes

8. INTRODUCTION
1. Banerjee, A. (2018). Blockchain technology: supply chain insights from
ERP. Advances in computers: Vol. 111, (pp. 69–98). Elsevier.
2. S. Wang, D. Li, Y. Zhang, and J. Chen, "Smart Contract-Based Product
Traceability System in the Supply Chain Scenario," in IEEE Access, vol.
7, pp. 115122-115133, 2019, doi: 10.1109/ACCESS.2019.2935873.
3. M. Nakasumi, "Information Sharing for Supply Chain Management
Based on Blockchain Technology," 2017 IEEE 19th Conference on
Business Informatics (CBI), 2017, pp. 140-149, doi: 10.1109/CBI.2017.56.
4. Law, Angwei, “S.M. in Engineering and Management, Massachusetts
Institute of Technology, System Design and Management Program”,
2017.
5. Nofer, M., P. Gomber, O. Hinz, and D. Schiereck. 2017. “Blockchain.”
Business & Information Systems Engineering 59 (3): 183–187. doi:
10.1007/s12599-017-0467-3.
REFERENCES

9. THANK YOU
PRIYANSH PANDEY(191000037)
VINAY AGARWAL (191000056)
SHYAM AGARWAL (1910204052)
Supervisor: DR. RUHUL AMIN