Affiliation:
1. Amity University, India
2. KIIT University, India
Abstract
The Fourth Industrial Revolution and digital transformation are reviewed in this chapter. Supply chain organizations must change. Most corporate functions will alter, especially R&D, production, logistics management, and purchasing. Supply chain management is the second theoretical background. The authors discuss its importance, how companies compete globally, and how the Fourth Industrial Revolution affects supply chain management dynamics. The writers address supply chain issues like information technology, knowledge sharing, and blockchain-based collaboration. The current analysis highlights blockchain as a future IT-based solution that addresses complete supply chain stakeholder collaboration. Thus, the research begins with an analysis of blockchain technology, continues with an observation of how it works, and concludes with an assessment of supply chain management blockchain opportunities and barriers. The chapter finishes with an informative discussion and predictions about blockchain technology in supply chain management.