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Blockchain technology has the potential to transform supply chain management (SCM) in the retail sector by enhancing transparency, traceability, and efficiency across the entire supply chain. At its core, blockchain is a decentralized digital ledger system that allows for the secure, transparent, and immutable recording of transactions. This makes it an ideal technology for managing supply chains, where accuracy and accountability are critical. One of the primary advantages of blockchain in supply chain management is its ability to improve transparency. Traditionally, supply chains are often characterized by a lack of visibility, with various stakeholders such as suppliers, manufacturers, distributors, and retailers each managing their own systems. Blockchain eliminates this fragmentation by creating a single, unified ledger that all participants can access in real-time. This ensures that every transaction—from the movement of raw materials to the final delivery of products to consumers—is recorded and visible to all parties involved. ______ ___ __________ ________ ________ _________ _________ _______ _____.
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