scholarly journals Value Proposition Assessment of Blockchain Technology for Luxury, Food, and Healthcare Supply Chains

Logistics ◽  
2021 ◽  
Vol 5 (4) ◽  
pp. 85
Author(s):  
Moritz Berneis ◽  
Herwig Winkler
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Best Practice ◽  
Added Value ◽  
Value Proposition ◽  
Trade Volume ◽  
Relevant Research ◽  
Sensitive Data ◽  
Chain Management ◽  
Blockchain Technology

Background: In relevant research, blockchain technology (BCT) is credited with great potential for supply chain management (SCM). However, even after more than 10 years of the technology’s existence, it is barely used for any self-sustaining applications. This raises the question of why BC cannot prevail against its alternatives. With this paper we want to identify criteria by which the added value of BCT can be measured. Furthermore, we want to evaluate how well the different supply chains (SC) exploit the added values of BCT. Methods: For this, we identified real-world examples and case studies for luxury, food, and healthcare SCs. These examples are described in detail and then analyzed for their added value compared to possible alternatives. Results: The results show that in the clusters of food and healthcare SCs, no general added value of BC over current best-practice solutions could be verified. Luxury SCs manage valuable products that are typically traded in small quantities. It is within this cluster that the implementation of BC can be justified best. Conclusions: In conclusion, this study shows that the application of BCT is especially beneficial for goods with a high value and low trade volume. In addition, the interface between reality and the digital twin should be as secure as the database or BC solution itself. Furthermore, the demand for transparency and immutability of data should be more important than the need to protect sensitive data. Finally, SC participants, especially the end customer, must also be able to appreciate the advantages of BCT.

scholarly journals Applications of Blockchain Technology in Logistics and Supply Chain Management—Insights from a Systematic Literature Review

Logistics ◽  
2021 ◽  
Vol 5 (3) ◽  
pp. 43
Author(s):  
Moritz Berneis ◽  
Devis Bartsch ◽  
Herwig Winkler
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Relevant Literature ◽  
Economic Benefits ◽  
Added Value ◽  
Sensitive Data ◽  
Process Step ◽  
Chain Management ◽  
Blockchain Technology ◽  
Logistics Process

The most successful applications of Blockchain Technology are still in the area of crypto-currencies, although both scientists and practitioners have discovered the potential of Blockchain Technology in Supply Chain Management. There is a significant theoretical literature on Blockchain Technology, but there exists a lack of published case studies and concrete examples. This paper discusses whether this shortcoming is due to insufficient added value of the technology and identifies other possible reasons. Furthermore, this paper introduces Blockchain Technology, describes the origins of Bitcoin, the structure and core properties of the Blockchain, and examines smart contracts. A comprehensive and structured literature analysis identifies concepts for the use of Blockchain Technology in logistics in terms of economic benefits. Additionally, a cluster analysis regarding the topics of the relevant literature was conducted. One finding of the study is that Blockchain Technology is particularly worthwhile for goods with a high value. Moreover, if the trade volume of the respective goods is low, the advantages of BCT are maximized. At the same time, the demand for transparency and immutability of data must be more important than the protection of sensitive data. In addition to concrete use cases of Blockchains, an exemplary logistics process will be presented within the Luxury Supply Chain, showing the advantages of Blockchain Technology for each individual process step.

scholarly journals FOOD SAFETY IN THE SUPPLY CHAIN USING BLOCKCHAIN TECHNOLOGY

2019 ◽  
Vol 18 (4) ◽  
pp. 41-48
Author(s):  
Sławomir Jarka
Keyword(s):  
Big Data ◽  
Supply Chain ◽  
Food Safety ◽  
Food Chain ◽  
Food Production ◽  
Added Value ◽  
Food Supply Chain ◽  
Chain Management ◽  
Blockchain Technology ◽  
Food Production System

The purpose of the article is to determine the importance of blockchain technology in food supply chain management. A practical reference to the adopted research aim was to indicate the usefulness of blockchain technology to build trust between food chain stakeholders. Research shows that the properties of blockchain technology can enable it to solve many problems and shortcomings of the current food production system. Its added value is primarily a significant increase in transparency of operations among all stakeholders using big data in all parts of the food chain.

scholarly journals The investigation of key factors for successful implementation of sustainable halal food supply chain management

Food Research ◽  
2021 ◽  
Vol 5 (6) ◽  
pp. 221-228
Author(s):  
A. Azhar ◽  
Y.T. Tu
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Food Chain ◽  
Food Supply ◽  
Best Practice ◽  
Successful Implementation ◽  
Food Supply Chain ◽  
Chain Management ◽  
Food Supply Chains ◽  
Halal Food

Halal food plays an important role in the economic development in various countries. However, halal food supply chains could threaten the environment in several ways. This study was aimed to analyse the best practice of the implementation of a sustainable halal food supply chain from many data sources. The data then transform into managerial knowledge for the halal food industry. The data was collected using SAS Text Miner and analyzed using the decision tree. The analysis shows four key features of sustainable halal food supply chains: pre-slaughtering, warehousing, halal integrity, and packaging. From these features, the two most important factors of successful sustainability implementation in the halal food supply chain are found to be warehousing and packaging. The present study applies a relational view theory and an analysis theory of natural resource-based view, creating and extending new sustainable strategies of halal food chain management to sustainable halal food chain management.

scholarly journals Opportunities and limitations of public blockchain-based supply chain traceability

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Oliver Bischoff ◽  
Stefan Seuring
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Supply Chains ◽  
Information Exchange ◽  
Future Research ◽  
Chain Management ◽  
Content Type ◽  
The Public ◽  
Blockchain Technology ◽  
Privacy Model

PurposeBlockchain technology is provoking significant disruptions, thereby affecting supply chain management. This study endeavoured to advance research regarding blockchain-based supply chain traceability by identifying the opportunities and limitations that accompany the adoption of public blockchains. Therefore, the purpose of the study is to contribute to contemporary supply chain research by an assessment of blockchain technology and its linkages to traceability.Design/methodology/approachThis paper is conceptual. The authors summarised the relevant literature on the concepts of supply chain traceability, conceptualised key elements exclusive to the public blockchain and highlighted opportunities and limitations in implementing traceability using blockchains.FindingsIncompatibilities were identified between general traceability and the public blockchain. However, when embracing the blockchain's privacy model, the blockchains can support information exchange in supply chains where vulnerability towards third parties, the confidentiality of information, or the privacy of participants are concerns. Furthermore, the public blockchain can support areas of supply chains where institutional interest is lacking.Originality/valueThis is one of the first papers in an international supply chain management journal to critically analyse the intersection of specific blockchain characteristics and supply chain traceability requirements. The authors thereby add to the discussion of designs for a disintermediated, peer-to-peer models and guide researchers and practitioners alike in exploring the application of disruptive change from blockchain technologies. By setting focus on the privacy model, the paper identifies the potential application and future research approaches to exploit the elementary strength of the blockchain.

scholarly journals A Blockchain-Based Trust Model for the Internet of Things Supply Chain Management

Sensors ◽  
2021 ◽  
Vol 21 (5) ◽  
pp. 1759
Author(s):  
Mabrook S. Al-Rakhami ◽  
Majed Al-Mashari
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Internet Of Things ◽  
Supply Chains ◽  
Trust Model ◽  
The Internet ◽  
Mutual Trust ◽  
Chain Management ◽  
Blockchain Technology ◽  
The Internet Of Things

Accurate data and strategic business processes are crucial to all parties in a supply chain system. However, the absence of mutual trust can create a barrier to implementation. Several studies have shown that supply chains face challenges arising from a lack of trust with respect to the sharing of data. How well each party trusts the data they receive can have a profound influence on management decisions. Blockchain technology has been widely used to process cryptocurrency transactions. Recently, it has also proved to be effective in creating trust in the Internet of things (IoT) domain. Blockchain technology can facilitate mutual trust between parties who would otherwise have been doubtful of each other’s data, allowing for more effective and secure sharing of data. However, if the blockchain is not IoT-optimized, companies can experience significant delays and the need for extensive computational capacity. Moreover, there are still some limitations regarding the consensus between the nodes in the traditional consensus approaches. Here, we propose an alternative approach to creating trust in supply chains with diverse IoT elements. Our streamlined trust model simplifies data sharing and reduces computational, storage, and latency requirements while increasing the security of the IoT-based supply chain management. We evaluate the suggested model using simulations and highlight its viability.

The use of blockchain in the luxury industry: supply chains and the traceability of goods

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Elodie de Boissieu ◽  
Galina Kondrateva ◽  
Patricia Baudier ◽  
Chantal Ammi
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Supply Chains ◽  
Third Party ◽  
Luxury Brands ◽  
Structured Interviews ◽  
Chain Management ◽  
Content Type ◽  
Blockchain Technology ◽  
Luxury Industry

PurposeMost businesses strive to control the efficiency of their supply chains; however, luxury firms face additional challenges from counterfeit, gray market and copycat products. Blockchain technology can address these issues and enhance firms' supply chain management, guaranteeing the traceability and origin of luxury products. Therefore, this study aims to investigate the utility and contexts influencing the implementation of blockchain technology to optimize supply chain management and prevent fraud in the luxury industry.Design/methodology/approachThe research uses a qualitative approach based on the grounded theory method. Data are collected by semi-structured interviews with 12 stakeholders working on blockchain applications in the luxury business sector.FindingsHighlighting the problems faced by luxury brands' supply chains, this study presents blockchain technology as a solution for disintermediation, traceability and transparency in the luxury goods sector. The constraints faced by luxury brands incorporating this technology into their ecosystem include the knowledge gap, the multiplicity of third parties involved in the production process and bias toward short-term returns on investment.Originality/valueBlockchains promote greater transparency and efficiency within supply chains, which builds consumer trust and improves brand revenue. Considering luxury brands' reluctance to adopt blockchains, this study suggests that luxury firms adopt a staggered implementation of private blockchain networks starting with a small number of third-party suppliers.

Blockchain and IoT-Based Diary Supply Chain Management System for Sri Lanka

2021 ◽  
pp. 246-273
Author(s):  
K. Pubudu Nuwnthika Jayasena ◽  
Poddivila Marage Nimasha Ruwandi Madhunamali
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Food Supply ◽  
Management System ◽  
Chain Management ◽  
Food Supply Chains ◽  
Blockchain Technology ◽  
Shared File ◽  
Supply Chain Management System ◽  
High Integrity

The central problem to be addressed in this research is to investigate how blockchain technology can be used in today's food supply chains to deliver greater traceability of assets. The aim is to create a blockchain model in the dairy supply chain that can be implemented across any food supply chains and present the advantages and limitations in its implementation. Blockchain allows monitoring all types of transactions in a supply chain more safely and transparently. Acceptance of blockchain in the supply chain and logistics is slow right now because of related risks and the lack of demonstrable models. The proposed solution removes the need for a trusted centralized authority, intermediaries and provides records of transactions, improving high integrity, reliability, and security efficiency and protection. All transactions are registered and maintained in the unchangeable database of the blockchain with access to a shared file network.

scholarly journals Process Orientation as a Basis for increasing supply chain Management Maturity

2015 ◽  
Vol 53 (3) ◽  
pp. 398-414 ◽  
Author(s):  
Marija Radosavljević
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Best Practices ◽  
Supply Chains ◽  
Best Practice ◽  
Process Management ◽  
Essential Element ◽  
Process Orientation ◽  
Maturity Models ◽  
Chain Management

AbstractProcess management is an essential element of modern management models, at the enterprise level, but also at the supply chain level. However, the importance of process management is explicitly indicated by the process management maturity models, through analysis of the level of process orientation, or through analysis of the level of quality of process orientation components. Starting from the fact that competition in modern conditions often takes place between supply chains, process management maturity grows into supply chain management maturity. Some of the supply chain management maturity models are SCMAT model, S(CM)2 model and SCPM3 model. In this paper the framework of another supply chain management maturity is formulated, by upgrading the SCOR model with process orientation, or SCORBPO model. This model involves analysis of the presence of supply chain management best practice, on one hand, and the presence of process orientation components, on the other hand. The aim of the research was to identify the maturity of enterprises in Serbia in applying supply chain management best practice, as well as process orientation components that are potential sources of competitive advantage or constraints for enterprises and supply chains. Analysis of justification of hypotheses is done by using correlation and regression analysis. The general conclusion is that between the presence of best practices and process orientation components there is a positive correlation, and that most of the process orientation components affect the implementation of supply chain management best practices.

scholarly journals Blockchain technology: implications for operations and supply chain management

2019 ◽  
Vol 24 (4) ◽  
pp. 469-483 ◽  
Author(s):  
Rosanna Cole ◽  
Mark Stevenson ◽  
James Aitken
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Supply Chains ◽  
Inventory Management ◽  
Future Research ◽  
Sustainable Supply Chain ◽  
Chain Management ◽  
Content Type ◽  
Blockchain Technology ◽  
New Research

PurposeThis paper aims to encourage the study of blockchain technology from an operations and supply chain management (OSCM) perspective, identifying potential areas of application, and to provide an agenda for future research.Design/methodology/approachAn explanation and analysis of blockchain technology is provided to identify implications for the field of OSCM.FindingsThe hype around the opportunities that digital ledger technologies offer is high. For OSCM, a myriad of ways in which blockchain could transform practice are identified, including enhancing product safety and security; improving quality management; reducing illegal counterfeiting; improving sustainable supply chain management; advancing inventory management and replenishment; reducing the need for intermediaries; impacting new product design and development; and reducing the cost of supply chain transactions. The immature state of practice and research surrounding blockchain means there is an opportunity for OSCM researchers to study the technology in its early stages and shape its adoption.Research limitations/implicationsThe paper provides a platform for new research that addresses gaps in knowledge and advances the field of OSCM. A research agenda is developed around six key themes.Practical implicationsThere are many opportunities for organisations to obtain an advantage by making use of blockchain technology ahead of the competition, enabling them to enhance their market position. But it is important that managers examine the characteristics of their products, services and supply chains to determine whether they need or would benefit sufficiently from the adoption of blockchain. Moreover, it is important that organisations build human capital expertise that allows them to develop, implement and exploit applications of this technology to maximum reward.Originality/valueThis is one of the first papers in a leading international OSCM journal to analyse blockchain technology, thereby complementing a recent article on digital supply chains that omitted blockchain.

Lesconsumer-to-consumer supply chains

2018 ◽  
Vol 44 (277) ◽  
pp. 93-107
Author(s):  
Aurélien Rouquet ◽  
Christine Roussat ◽  
Valentina Carbone
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Supply Chains ◽  
Chain Management ◽  
Le Fort

La littérature ensupply chain management(SCM) a délaissé un type desupply chains : lesconsumer-to-consumer(C2C)supply chains, qui relient les consommateurs lorsqu’ils échangent des produits. Reposant sur une approche conceptuelle, cet article montre à la communauté logistique et SCM l’intérêt qu’il y a à explorer cessupply chains. L’article dégage quatre spécificités de ces chaînes : 1) leur orientation perpendiculaire auxsupply chainsclassiques, 2) le fort amateurisme de ses acteurs, 3) leur large encastrement social, 4) leur structure plus directe. L’étude des C2Csupply chainsest susceptible d’élargir le spectre du SCM en y intégrant plus fortement le consommateur.

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