Revolutionizing Textile Supply Chains: Harnessing Blockchain for Enhanced Transparency

Abstract

 Textile supply chains are characterized by their global reach, fluctuating demand, and short product life cycles, leading to challenges in transparency, operational inefficiency, and consumer trust. These limitations have also raised concerns about ethical practices and sustainability in the industry. This research explores blockchain technology as a potential solution to these issues by enabling secure and traceable data sharing across all stakeholders. Using discrete event simulation, a comparative analysis of blockchain-enabled and traditional supply chains was conducted. The model evaluates key performance indicators such as lead times, service levels, and operational efficiency. The findings reveal that blockchain significantly enhances transparency, traceability, and operational efficiency while also providing tools to monitor environmental impacts like carbon and water footprints. These findings highlight the transformative potential of blockchain technology in revolutionizing textile supply chains.