Blockchain technology has emerged as a transformative solution offering strategic advantages across diverse sectors. This paper aims to give an overview of existing literature on how blockchain is integrated into supply chain management and its impact on inventory accuracy and efficiency. Our contributions include identifying key areas where blockchain affects inventory accuracy and uncovering the theories that drive its strategic integration. Additionally, we propose a new schematic framework that combines strategic organizational theories with the key areas that contribute towards inventory accuracy and supply chain efficiency. We recommend specific future directions related to blockchain adoption and its impact on inventory accuracy.