Journal of Management Information and Decision Sciences (Print ISSN: 1524-7252; Online ISSN: 1532-5806)

Abstract

Blockchain-based solutions for tackling difficulties in an industrial sustainability engineering

Author(s): Nguyen, N.V., & Thu, L.T.

Industrial engineering is highly concentrated on the creation of values and developing a bridge between management and technology. Cleaner production is a major concern in such systems that aims at effective utilization of resources and reduce emission and waste generation through efficient practices. Such practices involving supply chain management reverse the adverse effects of industry and to improve the portability of business. In this paper, we formulate a block chain mechanism in addressing the issues associated with the sustainability of the manufacturing and production industry from economic point of view. The study contributes mainly with the management of supply chain in developing the economy of the nation. The block chain based management ensures better supply and tracking of products to the end users via e-commerce platform. The simulation is conducted to test the viability of the model against various state-of-art bloc kchain models. The results of simulation show that the proposed method achieves higher rate of accuracy in delivering the products to end-user thereby creating a sustainable management of business.

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