Optimization of Supply Chain Processes Using Blockchain and Smart Contracts

With the development of blockchain technologies and smart contracts, complete data security becomes real. However, few sources reveal the interaction of blockchain and supply chains. Blockchain is a unique platform for interaction with counterparties, which creates certain opportunities. In fact, there is no single definition that fully describes what a blockchain is. In this paper, several versions are considered in order to understand the hollow purpose and create a complete vision of the blockchain. First, the use of blockchain makes it possible to combat counterfeiting by creating a completely robust delivery process. Secondly, the use of blockchain helps to reduce vehicle delays, as it is possible to track vehicles in real time. Third, the use of blockchain is aimed at reducing the paper document flow, which in turn will lead to a reduction in the cost of office supplies. The purpose of the work: to identify how blockchain and smart contenders are able to optimize processes in the supply chain on the example of APO RUS LLC. Tasks in progress: 1. Analyze the economic activity of APO RUS LLC; 2. Analysis of the implementation of the blockchain in the IT structure; 3. Analysis of the interaction of blockchain and other modern technologies; 4. Finding solutions to the alliance's problems with classic technologies; 5. Comparative analysis of blockchain and classical technologies; 6. Assessment of the economic efficiency of the implementation of the blockchain. Before implementing the blockchain, the possibility of solving the problems of companies with classical technologies or using established practices was evaluated. Not all technologies are able to solve the problems of the alliance, one of the main problems is the lack of transparency, which contractors cannot independently ensure. It should also be noted that there are no highly qualified specialists who are able to apply, for example, the algorithm for selecting suppliers. The comparative analysis showed that the blockchain will be able to solve the problems of the alliance, and the combination of classical technologies does not give a synergistic effect. This is evidenced not only by the current situation in the alliance – there are many information systems, but also by the analysis of other systems that together cannot solve problems. The main result of this work is to consider the impact of blockchain on the economic performance of the alliance.