Blockchain-Integrated ERP for Vendor Management and Supply Chain Optimization in Construction
The construction industry faces increasing complexity in
managing multisite projects due to the challenges of coordinating materials, vendors, and
compliance across diverse locations. Effective project delivery requires robust systems to
ensure transparency, accountability, and regulatory adherence while optimizing performance.
In this context, adaptive Enterprise Resource Planning (ERP) solutions have emerged as vital
tools to streamline operations, improve vendor management, and enhance supply chain
efficiency.
Simultaneously, blockchain technology offers unparalleled transparency and traceability by
providing secure, immutable records of transactions and material flows. By integrating
blockchain with adaptive ERP systems, the construction industry can overcome traditional
challenges such as procurement inefficiencies, vendor performance inconsistencies, and
compliance risks. This integration not only facilitates real-time monitoring and reporting but
also ensures greater trust among stakeholders by providing end-to-end visibility.
