The Impact of Block Chain and Smart Inventory System on Supply Chain Performance at Retail Industry
Edward Probir Mondol
Abstract
Blockchain is a trending topic and would be the most significant issue for all industries, manufacturing or services. This study aims to investigate the Impact of Block Chain and Smart Inventory System on Supply Chain Performance at Retail Industry in the UAE. A quantitative research was adapted, and a survey was designed and rolled out by email to all participants. A 202 valid questionnaires were used in the statistical process in order to find out the impact of blockchain technology and smart inventory on supply chain performance in retail industry. The hypotheses testing confirmed the direct impact of blockchain technology on supply chain performance side by side with the mediator role of smart inventory in the indirect impact. The results revealed that blockchain is becoming the real time need of the retail industry and has improved the efficiency of the retail industry.