scholarly journals Theoretical Exploration of Supply Chain Viability Utilizing Blockchain Technology

2021 ◽  
Vol 13 (15) ◽  
pp. 8231
Author(s):  
Weili Yin ◽  
Wenxue Ran

As a disruptive and innovative technology, blockchain will significantly revolutionize how organizations produce and operate as global rivalry intensifies. The global COVID-19 outbreak, combined with the growing complexity of supply chain networks, has exposed supply chains’ vulnerability to disruption. Therefore, improving the supply chain viability is the primary way to deal with the risk of supply chain disruption. Using the method of literature research, this conceptual paper systematically reviewed and sorted out relevant literature, extracted corresponding capabilities, and put forward relevant research propositions. From the perspective of the resource-based view and resource-dependent theory, this study investigates specific dimensions of the blockchain-enabled supply chain capability: connectivity, network capability, and supply chain reconfiguration and the impact of external resource-dependent capability on the viability of the supply chain. The propositions show that the blockchain-enabled supply chain capability, and external resource-dependent capability will positively impact supply chain viability. It is expected to assist supply chain firms in implementing blockchain technology to increase supply chain viability and improve their capacity to achieve sustainable supply chain development during the crisis.

2020 ◽  
Vol 12 (21) ◽  
pp. 8882 ◽  
Author(s):  
Daeheon Choi ◽  
Chune Young Chung ◽  
Thou Seyha ◽  
Jason Young

From a supply chain perspective, new technologies such as blockchain can improve the efficiency and competitiveness of logistics and increase customer satisfaction. Although blockchain technology has been lauded as a way for firms to build sustainable supply chain networks, the rate of acceptance of this technology remains low. Therefore, this study seeks to identify the factors that discourage firms from merging blockchain with the supply chain. Instead of providing further reasons for adopting blockchain technology, we try to understand what deters firms from adding blockchain to their operations. Following the deductive approach, a confirmatory factor analysis is conducted on pre-test questionnaires to test, improve, and verify the constructs (questions) to measure the hypothesized factors. A theoretical model is proposed based on the hypotheses, and structural equation modeling is applied. The results are estimated using the partial least squares approach and a sample of 83 respondents. Our findings based on our empirical data support most of our hypotheses. We find that various factors impede the adoption of blockchain technologies, including technological barriers, constraints rooted in organizations and the environment, and system-related governmental barriers. In addition, various factors are critical determinants of resistance to blockchain in the technological, organizational, and environmental dimensions.


2019 ◽  
Vol 8 (4) ◽  
pp. 8309-8313

Pharmaceutical Industry Supply Chain Management (SCM) has been an invigorating research topic because the industry strives to explore innovative ways to secure the medicine distribution and to ensure the authenticity of medicine consumed by the patients. A surge in the counterfeit drug has called an urgent effort for the industry to eradicate. In this scope, the fake medicine harm serious health problem for patients. To cope with this urgency, Blockchain offers the new innovative technology that captures the security and accountability in the financial industry for decades. In this spectrum, the new generation of blockchain with smart contract feature enables the utilization of blockchain in an enterprise setting such as Supply Chain Management Systems. In this point, this study explored contemporary for benefit and challenge blockchain adoption based on Systematic Literature Review methodology. At a closer look, the research indicates the impact of the Blockchain Adoption Technology in Pharmaceutical Industry SCM in for four aspects, i.e. supplier, producer, logistic/distributor, and customer. In a specific range, this research explores significant factors from ten leading journals (one thousand two hundred and fourteen papers) and selects solely eighteen relevant documents. The examination reveals the critical research development of blockchain technology adoption in Pharmaceutical SCM and twenty-three essential factors.


2021 ◽  
Vol 13 (2) ◽  
pp. 445
Author(s):  
Wen-Kuo Chen ◽  
Venkateswarlu Nalluri ◽  
Suresh Ma ◽  
Mei-Min Lin ◽  
Ching-Torng Lin

Different sources of risk factors can occur in sustainable supply chain management due to its complex nature. The telecommunication service firm cannot implement multiple improvement practices altogether to overcome the risk factors with limited resources. The industries should evaluate the relationship between risk factors and explore the determinants of improvement measures. The purpose of the present study is to identify and analyze critical risk factors (CRFs) for enhancing sustainable supply chain management practices in the Indian telecommunication industry using interpretive structural modelling (ISM). Risk factors are identified through a literature survey, and then with the help of experts, nine CRFs are identified using a fuzzy Delphi method (FDM). The relationship among these CRFs has been analyzed using ISM, and the driving and the dependence power of those CRFs are analyzed. Results indicate that both “government policies (laws and regulations)” and “the impact of rapid change in technology” are independent or key factors that affect the sustainability of the telecommunications supply chain. In addition, results provide significant managerial implications, including enhanced sustainability, and the government should build justice, fairness, open laws, certainties, and regulations to prevent risk in the telecommunications industry supply chain; service providers should monitor the rapidly evolving technologies and focus on technical learning and organizational capacity development to overcome the impact of technological changes. The contribution of this study is using a novel approach to establish a hierarchical structural model for an effective understanding of CRFs relationships and to explore decisive risk factors that can help telecom service providers to better plan and design effective improvement strategies to enhance sustainability supply chain management.


2005 ◽  
Vol 5 (2) ◽  
pp. 55-63 ◽  
Author(s):  
Carlos Brito ◽  
Catarina Roseira

Organisational performance tends to be highly dependent on suppliers' actions and on the way the relationships with them are managed by the buying company. Researchers have conducted extensive and valuable studies on the impact of supplier relationships in a network context. However, some important issues regarding supply management and its effects on the strategy of the buying firm have not been fully investigated. This article presents a model of supply chain networks developed on the basis of the conceptual framework of the IMP group. The aim is to contribute toward a better understanding of supply management through the integration of both relational, portfolio and network issues.


2018 ◽  
Vol 29 (2) ◽  
pp. 513-538 ◽  
Author(s):  
Shirish Jeble ◽  
Rameshwar Dubey ◽  
Stephen J. Childe ◽  
Thanos Papadopoulos ◽  
David Roubaud ◽  
...  

PurposeThe purpose of this paper is to develop a theoretical model to explain the impact of big data and predictive analytics (BDPA) on sustainable business development goal of the organization.Design/methodology/approachThe authors have developed the theoretical model using resource-based view logic and contingency theory. The model was further tested using partial least squares-structural equation modeling (PLS-SEM) following Peng and Lai (2012) arguments. The authors gathered 205 responses using survey-based instrument for PLS-SEM.FindingsThe statistical results suggest that out of four research hypotheses, the authors found support for three hypotheses (H1-H3) and the authors did not find support forH4. Although the authors did not find support forH4(moderating role of supply base complexity (SBC)), however, in future the relationship between BDPA, SBC and sustainable supply chain performance measures remain interesting research questions for further studies.Originality/valueThis study makes some original contribution to the operations and supply chain management literature. The authors provide theory-driven and empirically proven results which extend previous studies which have focused on single performance measures (i.e. economic or environmental). Hence, by studying the impact of BDPA on three performance measures the authors have attempted to answer some of the unresolved questions. The authors also offer numerous guidance to the practitioners and policy makers, based on empirical results.


Author(s):  
Smitha Girija ◽  
Vandana Srivastava

The massive growth of emerging economies in last two decades has attracted many global companies to expand their physical presence in these countries. But the ability to take advantage of those opportunities is only available to companies that appreciate the environmental challenges and complexity of the region. The lexicon of extant literature focuses on enhancing supply chain leadership and development of efficient and effective strategies in developed economies, yet the corresponding literature in emerging economies is very fragmented. The aim of this chapter is to synthesize the current literature to understand the phenomenon including its definitions, dimensions, and constructs and to propose a conceptual model for successful supply chain leadership in emerging markets. The study tries to understand and establish the impact of various factors of supply chain leadership, which leads to sustainable supply chain performance. Collaboration and information management emerge as the major drivers for supply chain leadership in emerging markets and identifies trust as a mediating factor.


Author(s):  
Dimitrios Vlachos

As the practices of offshoring and outsourcing force the supply chain networks to keep on expanding geographically in the globalised environment, the logistics processes are becoming more exposed to risk and disruptions. Thus, modern supply chains seem to be more vulnerable than ever. It is clear that efficient logistics risk and security management emerges as an issue of pivotal importance in such competitive, demanding and stochastic environment and is thus vital for the viability and profitability of a company. In this context, this chapter focuses on a set of stochastic quantitative models that study the impact of one or more supply chain disruptions on optimal determination of single period inventory control policies. The purpose of this research is to provide a critical review of state-of-the-art methodologies to be used as a starting point for further research efforts.


Author(s):  
Yudi Fernando ◽  
Mohd Ridzuan Darun ◽  
Ahmed Zainul Abideen ◽  
Daing Nasir Ibrahim ◽  
Marco Tieman ◽  
...  

The fast-growing number of Halal integrity issues has attracted the scholar's debate on improving integrity in practicing the Halal supply chain. To investigate how firms comply with Halal procedures in supply chain may not possibly provide much potential research gaps. The application of technology in improving Halal supply chain management on blockchain technology should be given urgent priority. The aim of this chapter is to explore the possibility to integrate blockchain technology to improve the use of Halal supply chain management. Blockchain technology will help the Halal based oriented firm in the supply chain to trace the source of the raw materials, products, labeling information, and Halal product distribution to strengthen the supply chain networks. Blockchain technology-driven Halal supply chain shall overcome and surpass issues related to Halal integrity and certifications which could also have an impact globally.


Logistics ◽  
2019 ◽  
Vol 3 (1) ◽  
pp. 5 ◽  
Author(s):  
Antonios Litke ◽  
Dimosthenis Anagnostopoulos ◽  
Theodora Varvarigou

Blockchains are attracting the attention of stakeholders in many industrial domains, including the logistics and supply chain industries. Blockchain technology can effectively contribute in recording every single asset throughout its flow on the supply chain, contribute in tracking orders, receipts, and payments, while track digital assets such as warranties and licenses in a unified and transparent way. The paper provides, through its methodology, a detailed analysis of the blockchain fit in the supply chain industry. It defines the specific elements of blockchain that affect supply chain such as scalability, performance, consensus mechanism, privacy considerations, location proof and cost, and details on the impact that blockchains will have in disrupting the supply chain industry. Discussing the tradeoff between consensus cost, throughput and validation time it proceeds with a suggested high-level architectural approach, and concludes as a result with a discussion on changes needed and challenges faced for an in-vivo deployment of blockchains in the supply chain industry. While the technological features of modern blockchains can effectively facilitate supply chain uses cases, the various challenges that still remain, bring in front of us a wide set of needed changes and further research efforts for achieving a global, production level blockchain for the supply chain industry.


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