Exploring the Blockchain Technology Application in the Chinese New Retail Business Model

Author(s):  
Yuhong Li ◽  
Nachiappan Subramanian

While the new retail is revolutionizing retailing in China, the supply chain of the new retail has a few problems or potential risks which will decrease the customer satisfaction level. However, the implementation of one of the cutting-edge technologies—the blockchain—can revolutionize the supply chain of the new retail in China. This qualitative piece uses multiple interviews to find out the specific outcomes blockchain will make for the supply chain of the new retail in China. The major contribution is to fill the gap of the academic literature as well as the business application and such as the new retail in China to increase supply chain security and efficiency with blockchain.

Author(s):  
Yuhong Li ◽  
Nachiappan Subramanian

While the new retail is revolutionizing retailing in China, the supply chain of the new retail has a few problems or potential risks which will decrease the customer satisfaction level. However, the implementation of one of the cutting-edge technologies—the blockchain—can revolutionize the supply chain of the new retail in China. This qualitative piece uses multiple interviews to find out the specific outcomes blockchain will make for the supply chain of the new retail in China. The major contribution is to fill the gap of the academic literature as well as the business application and such as the new retail in China to increase supply chain security and efficiency with blockchain.


Author(s):  
Khalid Almutairi ◽  
Seyyed Jalaladdin Hosseini Dehshiri ◽  
Seyyed Shahabaddin Hosseini Dehshiri ◽  
Ao Xuan Hoa ◽  
Joshuva Arockia Dhanraj ◽  
...  

2009 ◽  
Vol 06 (01) ◽  
pp. 97-116 ◽  
Author(s):  
MYUNG-HWAN RIM ◽  
HYUN-SOO HAN ◽  
YEONG-WHA SAWNG

In this paper, we explore the merging of supply chains between media and telecommunications as an example of business application of industry convergence. The goal of this study is to provide managerial insight into the various facets of convergence of supply chains so that companies can effectively exploit business opportunities presented by the accelerating process of digital convergence and related technological innovations. In this study, the focus is set on business models, rather than business strategies as such, since digital convergence is an emerging sector that deserves independent attention as a new business concept. We formulated a series of propositions, related to customer value, value network, and supply chain efficiency, using frameworks borrowed from the existing business model literature and value creation theories for Internet business. Managerial implications are discussed and applied to DMB (Digital Multimedia Broadcasting), a new telecom-broadcasting convergence business model, recently introduced in South Korea.


2020 ◽  
Vol 8 (5) ◽  
pp. 4733-4739

In today’s competitive business scenario, the Pivot in supply chain is Consumer satisfaction. This could be considered as the most important internal goal to achieve in order to be active and leader in the business environment. Along with this when value chain partner are focusing on customer satisfaction external factor like the environmental issue are also important to make the business model a sustainable. All these issues forces the manufacturer and rest value chain partner to become Agile in nature. The consumer is also part of this continuously changing innovative environment, which is mainly meant for them only and to a large extent for sustainability. These volatile and continuously changing environment may also effects consumer satisfaction level in some or other aspects while using the product and at the time of use end. The agility in Supply Chain may leads to a shorter product life cycle and forces the consumer to cope with the secondary car market within few years of purchase. Also the role of government and dealer outlets regarding environmental effects like NGT legislatives and support of dealers for creating awareness among consumer regarding pollution control is also one of the key factors. This study focus on these factors that have impact on the satisfaction level of end-user .An effort is made to check the perceived effect of these factors on consumer, at the same time study suggest how these factors can be modulated to lower extent with the aid of eco-leasing business model in context of Indian car market.


Author(s):  
Tran Thien Vu ◽  
Hue Hoang Hong Trinh

Such a disruptive technology as the blockchain platform has a potential to provide value-added contributions towards multiple-disciplinary applications these days. Blockchain technology, considered as the second generation of the Internet in the digital age, has been applied in practice for various industry such as finance, healthcare, tourism, retailing, manufacturing, education, public sector, supply chains management, agri-food industry and so on. In which, supply chain operations, particularly agri-food management, becomes a prosperous beneficiary from blockchain technology. In the local context, Vietnam has been achieved the competitive advantages in agricultural production among the world in some agri-food products such as black peppercorn, cashew nuts, coffee, coconut, rice, and rubber. Furthermore, Vietnam is considered as one of pioneers in implementing blockchain technology for traceability and transparency of agri-food products across Association of South East Asian Nations (ASEAN) countries. However, design and implementation of the blockchain technology application in agri-food production in the case of Vietnam agriculture industry have been confronted with opportunities and challenges, besides its strengths and weaknesses in nature. This paper aims to concentrating on the analysis of Strengths, Weakness, Opportunities and Threats (SWOT) of blockchain-applied supply chain relevant to agri-food products. In addition, the application of blockchain technology in supply chains has been expected to promote the sustainable development of Vietnam agriculture, in the accordance with the United Nation Sustainable Development Goals (SDGs) in the 21st century. We adopt the research method of interpretive approach to synthesize the literature and reasonably induce research conclusions. We finally prescribe some policy recommendations and implications for agri-food stakeholders such as regional policy makers, agri-food based blockchain platform designers, executives, and farmers as users in relevant to facilitate the blockchain technology for agri-food chains in Vietnam agriculture.


2019 ◽  
Vol 11 (21) ◽  
pp. 6181 ◽  
Author(s):  
Joon-Seok Kim ◽  
Nina Shin

Blockchain technology developed as a technical platform for electronic money. It is now considered a next generation information technology tool for sustainable growth in supply chain (SC) management. However, its study is relatively rare in the literature on SC collaboration and sustainability management research, despite its advantages in sustaining connectivity and reliability among SC partners. This study investigates how the use of blockchain in SC activities can influence (increase or decrease) SC partnership efficiency and growth, thereby affecting SC performance outcomes. Specifically, this study empirically validates a measurement and structural equation model with 306 SC experts from various industries. The findings show that the blockchain technology characteristics (information transparency, information immutability, and smart contracts) have significant positive effects on partnership growth and marginal effects on partnership efficiency. Though partnership growth has a positive effect on firm performance, partnership efficiency shows a negative effect.


Author(s):  
Iván González-Puetate ◽  
Carmen Luisa Marín Tello ◽  
Henry Reyes Pineda

Blockchain technology is a distributed database, an innovation tool in the agri-food supply chain in processes such as production, distribution, marketing. In this research work, the blockchain technology application in agri-food security processes was evaluated, establishing the best conditions for its adoption in companies, this proposal synthesizes the contributions as a disruptive technology, for this, the information was collected from the period 2018-2020 from the Scopus and Web of Science bases, performing an analysis of the information using the Atlas TI 8.4 software, establishing the focus of the research on a network of codes suggested by some authors. It was found that the contribution of Blockchain for the years of study was traceability 26%, supply chain 17.5%, technological development 10.4%, trust 9.8%, among others. It is concluded that establishing the theoretical link between technology and traceability processes in supply chains, traceability in the agri-food sector is essential to certify information of interest to the stakeholder group. This is because traceability is the transcendental element of the food safety system that allows guaranteeing control in the supply chain when processes are being recorded and enriching the databases, which can be available to the final consumer to check the details of the production cycle and that technological elements generate competitiveness in companies with blockchain in their procedures, promote high levels of transparency, data security, decentralization, among other terms associated with trust, and a better relationship with the consumer is developed and a greater number of sale increasing profitability.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Surajit Bag ◽  
Dmitriev Aleksandr Viktorovich ◽  
Atul Kumar Sahu ◽  
Anoop Kumar Sahu

Purpose The purpose of this study is to identify the barriers to the adoption of blockchain technology in green supply chain management (GSCM) and further analyze the cause and effect relationship to prioritize the barriers for making strategic decisions. Design/methodology/approach The study examines 15 potential barriers related to the adoption of blockchain in GSCM which is identified from the literature review and finalized after subsequent discussions with industry professionals. Integrated Fuzzy-Decision-Making Trial and Evaluation Laboratory approach is used to analyze cause and effect relationships and prioritize the barriers. Fuzzy set theory is used to handle the uncertainty and vagueness associated with the personnel biases and data deficiency problems. Three small to medium enterprises’ (SMEs’) are considered for gathering data and further analyzing the crucial barriers that are impeding the adoption of blockchain technology in GSCM. Findings The findings reveal that “lack of management vision” and “cultural differences among supply chain partners” are the most influencing barriers, whereas; “collaboration challenges” and “hesitation and workforce obsolescence” are the most influential barriers in the adoption of blockchain in GSCM. Research limitations/implications The study is developed based on 15 selected barriers which were further tested using data from three SMEs’ in the emerging economy of India. The adoption of blockchain technology in GSCM is at a nascent stage and more research studies are necessary to extend the knowledge base. Practical implications Managers need to eliminate the barriers and extend the blockchain technology application in GSCM. Managers need to develop the mission and vision of the company by doing proper alignment of blockchain technology with GSCM goals. Second, managers need to make strong collaborations and remove the hesitation and workforce obsolescence barrier by providing the right education and pieces of training. Originality/value Blockchain technology in GSCM is in a nascent stage. This study extends the knowledge base by identifying and further prioritizing the leading blockchain barriers that need to be overcome for effectively adopting blockchain in GSCM.


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