Leveraging blockchain to improve nutraceutical supply chain resilience under post-pandemic disruptions

Datta, S; Jauhar, SK; Paul, SK

Leveraging blockchain to improve nutraceutical supply chain resilience under post-pandemic disruptions

Datta, S Jauhar, SK Paul, SK

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Publisher:: Elsevier
Publication Type:: Journal Article
Citation:: Computers & Industrial Engineering, 2023, 183, pp. 109475-109475
Issue Date:: 2023-09

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Field	Value	Language
dc.contributor.author	Datta, S
dc.contributor.author	Jauhar, SK
dc.contributor.author	Paul, SK
dc.date.accessioned	2024-03-07T03:32:40Z
dc.date.available	2024-03-07T03:32:40Z
dc.date.issued	2023-09
dc.identifier.citation	Computers & Industrial Engineering, 2023, 183, pp. 109475-109475
dc.identifier.issn	0360-8352
dc.identifier.issn	1879-0550
dc.identifier.uri	http://hdl.handle.net/10453/176241
dc.description.abstract	Due to the pandemic, there has been an increase in the use of dietary supplements to boost the body's immune system. A demand–supply mismatch exists as a result of the unexpected increase in demand. The nutraceutical industry has been working on mechanisms to improve manufacturing efficiency and address bottlenecks in sourcing and production. The current study is attempting to address the issue of identifying these bottleneck problems by proposing a mathematical model to devise the optimal costs associated with the operations, as well as attempting to see the possibility of blockchain technology adoption as a better alternative to addressing these bottlenecks. The study compares adding an assembly line to existing infrastructure to implementing blockchain technology to improve manufacturing process efficiency. The study increases the likelihood of blockchain technology being used in the nutraceutical industry and calls for more research at the intersection of blockchain, nutraceuticals, and optimization.
dc.language	English
dc.publisher	Elsevier
dc.relation.ispartof	Computers & Industrial Engineering
dc.relation.isbasedon	10.1016/j.cie.2023.109475
dc.rights	info:eu-repo/semantics/closedAccess
dc.subject	01 Mathematical Sciences, 08 Information and Computing Sciences, 09 Engineering
dc.subject.classification	Industrial Engineering & Automation
dc.subject.classification	40 Engineering
dc.subject.classification	46 Information and computing sciences
dc.subject.classification	49 Mathematical sciences
dc.title	Leveraging blockchain to improve nutraceutical supply chain resilience under post-pandemic disruptions
dc.type	Journal Article
utslib.citation.volume	183
utslib.for	01 Mathematical Sciences
utslib.for	08 Information and Computing Sciences
utslib.for	09 Engineering
pubs.organisational-group	University of Technology Sydney
pubs.organisational-group	University of Technology Sydney/Faculty of Business
pubs.organisational-group	University of Technology Sydney/Faculty of Business/Management Discipline
pubs.organisational-group	University of Technology Sydney/Strength - CAMGIS - Centre for Advanced Modelling and Geospatial lnformation Systems
utslib.copyright.status	closed_access	*
pubs.consider-herdc	true
dc.date.updated	2024-03-07T03:32:39Z
pubs.publication-status	Published
pubs.volume	183

Abstract:

Due to the pandemic, there has been an increase in the use of dietary supplements to boost the body's immune system. A demand–supply mismatch exists as a result of the unexpected increase in demand. The nutraceutical industry has been working on mechanisms to improve manufacturing efficiency and address bottlenecks in sourcing and production. The current study is attempting to address the issue of identifying these bottleneck problems by proposing a mathematical model to devise the optimal costs associated with the operations, as well as attempting to see the possibility of blockchain technology adoption as a better alternative to addressing these bottlenecks. The study compares adding an assembly line to existing infrastructure to implementing blockchain technology to improve manufacturing process efficiency. The study increases the likelihood of blockchain technology being used in the nutraceutical industry and calls for more research at the intersection of blockchain, nutraceuticals, and optimization.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/176241