Contents
Introduction:..........................................................................................................................................5
Nature of blockchain....................................
...
Contents
Introduction:..........................................................................................................................................5
Nature of blockchain.............................................................................................................................6
Possible impacts of Blockchain Technology on Operation Practices:....................................................7
Acquisition of raw materials:.............................................................................................................7
Origin of different components:.........................................................................................................7
Inventory planning and safety stock maintenance:............................................................................7
Tracing/ Tracking/ Handling the material and component:................................................................7
Value Chain Analysis..........................................................................................................................8
Resource Management..................................................................................................................8
5
Production.....................................................................................................................................8
Distribution....................................................................................................................................8
Management Strategy...................................................................................................................8
Application.....................................................................................................................................8
Hayes and Wheelwright 4 Stage Model.............................................................................................8
Step 1: Internal Neutrality..............................................................................................................8
Step 2: External Neutrality............................................................................................................9
Step 3: Internally Supportive.........................................................................................................9
Step 4: Externally Supportive........................................................................................................9
Delivery of products to customers:....................................................................................................9
Supply chain management:................................................................................................................9
After- sales service:.........................................................................................................................10
Timeline for Outline Strategy..............................................................................................................10
Different steps to be taken in future.................................................................................................10
Ecosystem Sustainability.............................................................................................................10
Information Security....................................................................................................................10
Information Recognition..............................................................................................................10
Cybersecurity...............................................................................................................................10
Schedule of different milestones......................................................................................................10
Operationalization and Strategic Framework of Blockchain............................................................11
Recommendations...............................................................................................................................11
Strategic/Financial Analysis............................................................................................................11
SWOT Analysis...............................................................................................................................11
SCM................................................................................................................................................12
What benefits should be taken using Blockchain?...........................................................................12
Conclusion:..........................................................................................................................................13
References...........................................................................................................................................14
6
Introduction:
Blockchain is a distributed and decentralized digital and public ledger that include records
called blocks. These blocks are utilized to document transactions crossways various
computers that also include that block can’t change deprived of modification in subsequent
blocks. Also, a "blockchain" is a growing list of documents, known as blocks that are
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