A Digital Transformation in International Transport and Logistics

2020 ◽  
pp. 425-453
Author(s):  
Birsen Koldemir
Keyword(s):  
International Trade ◽  
Supply Chain ◽  
Digital Transformation ◽  
Supply Chain Network ◽  
Minimal Cost ◽  
Advantages And Disadvantages ◽  
Blockchain Technology ◽  
Supply Chain Costs ◽  
International Transport ◽  
Money Transfer

Firms must deal with the factors that increase performance, which support the delivery of the produced goods at minimal cost and time. In this respect, the advantages of digitization have been studied. The path to international trade in its quest to reduce logistics and supply chain costs cross with Blockchain technology. Blockchain technology isn't only an inter-user money transfer technology, but it also includes all the trade supply chain actors. Thus, a visible “supply chain network” that's directed by blockchain, which holds the record in real time and doesn't change pursuant to the sequence occurs. All actors on the network can access and track the flow and distribution of the transaction across borders. How does blockchain technology improve yield and reduce costs? To find the answer, the application areas of digital technology in trade have been investigated. In international trade, a transaction draft was created and the advantages and disadvantages of blockchain were exposed.

Demystifying the Power of Blockchain Technology in Supply Chain Management

2020 ◽  
Vol 11 (4) ◽  
pp. 38-53
Author(s):  
Robin Singh Bhadoria ◽  
Neha Sharma ◽  
Manish Kumar Pandey
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Management Systems ◽  
Supply Chain Network ◽  
Critical System ◽  
Chain Management ◽  
Blockchain Technology ◽  
Management Objectives ◽  
Future Supply ◽  
The Impact

Modern supply chain management systems have evolved into a complex and critical system. Thus, it has grown more interesting to verify the source of products and its visibility as it is moving through the supply chain network. The application of blockchain technology and Internet of Things (IoT) are likely to affect the supply chain management objectives such as cost, quality, speed, dependability, risk reduction, sustainability, and flexibility. This paper presented the concept of how blockchain technology and IoT can help to achieve supply chain objectives. This research focuses on the impact of blockchain on current and future supply chain management systems.

Combining E-Commerce and Blockchain Technologies to Solve Problems and Improve Business Results

2021 ◽  
pp. 173-192
Author(s):  
Albérico Travassos Rosário
Keyword(s):  
Supply Chain ◽  
Business Models ◽  
Digital Transformation ◽  
The Internet ◽  
Chain Management ◽  
Blockchain Technology ◽  
Business Results ◽  
New Business ◽  
Financial Transactions ◽  
New Business Models

The internet and digital transformation have changed our relations with the market. These technologies have been developing continuously, creating opportunities for new business models, and e-commerce has grown overwhelmingly worldwide, changing the consumption process of a large part of the world's population. Companies are increasingly using blockchain technology to improve and create new global trading business models. Blockchain had its first application in cryptocurrencies, but it has quickly become a major solution in all sorts of activity sectors, providing increased security in commercial transactions. An important question is how the blockchain can leverage e-commerce in solving problems and improving business results. It was concluded that blockchain could leverage e-commerce in the four fundamental areas of (1) e-commerce financial transactions, (2) e-commerce supply chain management, (3) e-commerce forecasting and contractual relations, and (4) e-commerce transactions systems' trust and credibility.

scholarly journals Viable Supply Chain Network Design by considering Blockchain Technology and Cryptocurrency

2021 ◽  
Vol 2021 ◽  
pp. 1-18
Author(s):  
Reza Lotfi ◽  
Soroush Safavi ◽  
Alireza Gharehbaghi ◽  
Sara Ghaboulian Zare ◽  
Reza Hazrati ◽  
...  
Keyword(s):  
Supply Chain ◽  
Network Design ◽  
Large Scale ◽  
Supply Chain Network Design ◽  
Supply Chain Network ◽  
Facility Locations ◽  
Blockchain Technology ◽  
Economic Justification ◽  
Main Model ◽  
Better Than

Nowadays, using Blockchain Technology (BCT) is growing faster in each country. It is essential to apply BCT in Supply Chain Network Design (SCND) and is considered by the designer and manager of SC. This research indicates Viable Supply Chain Network Design (VSCND) by applying BCT. A new form of two-stage robust optimization is suggested. Facility locations and activation BCT for VSCND is the first stage of decisions; finally, we determine flow transshipment between components in the next stage. The GAMS-CPLEX is used for solving the model. The results show that running BCT will decrease 0.99% in costs. There is an economic justification for using BCT when demand is high. A fix-and-optimize and Lagrange relaxation (LR) generate lower and upper bound to estimate large scale in minimum time. The gap between the main model and fix-and-optimize is better than the LR algorithm. Finally, this research suggests equipping VSCND by BCT that becomes more resilient against demand fluctuation, sustainable, and agile.

scholarly journals Blockchain and Its Impacts on Agri-Food Supply Chain Network Management

2021 ◽  
Vol 13 (4) ◽  
pp. 2168
Author(s):  
Michael Paul Kramer ◽  
Linda Bitsch ◽  
Jon Hanf
Keyword(s):  
Supply Chain ◽  
Food Supply ◽  
Business Models ◽  
Information Provision ◽  
Use Cases ◽  
Coordination Mechanisms ◽  
Extensive Literature ◽  
Supply Chain Network ◽  
Technology Platform ◽  
Blockchain Technology

Blockchain is an emerging meta-technology and considered a new institutional technology with the potential to change the governance of vertically integrated food supply chains. This paper investigates the effects on coordination mechanisms in vertically cooperating agri-food networks that result from the implementation of different blockchain technology platform types (BCTPT). The research is based on an extensive literature overview and exploratory use cases of BCTPT implementations in the agri-food industry which are presented to illustrate the applicability of the findings. Our analysis shows that BCTPT predominantly differentiate through the coordination mechanisms exerting of power, information sharing, decision-making, and collective learning benefits. We also reveal that blockchain use cases with high success rates typically operate in a vertical ecosystem where a focal firm assumes the responsibility for coordinating the activities in the supply chain network. These use cases are typically operationalized in tracking and tracing applications as well as in provenance-based information provision, which either operate in vertically coordinated private blockchain or consortium-type blockchain platforms. We conclude that the choice of a specific BCTPT with its respective coordination mechanisms is a key determinant of the economic success of the intended use case, the efficient management of the supply chain network, and eventually for the chosen digital business model. This paper will close a research gap, as the potential impacts of different blockchain technology platform types on digital agri-food business models and its supply chain management have scarcely been researched.

Digital Transformation

2019 ◽  
pp. 256-274 ◽  
Author(s):  
Likhit Verma ◽  
Mohit Lalwani
Keyword(s):  
Supply Chain ◽  
No Value ◽  
Digital Technologies ◽  
Digital Transformation ◽  
The Other ◽  
Full Potential ◽  
Supply Chain Network ◽  
High Bandwidth ◽  
Chain Transformation ◽  
Telecom Network

Supply chain industry is undergoing massive digital transformation. However, the pace of transformation has been rather slow. One of the challenges in the transformation is that there is so much dependency among various digital technologies that if one is implemented without the other, it might lead to no value creation at all. Furthermore, some of these technologies are dependent on other technologies that are still in its early phase of adoption. The existing technologies (namely artificial intelligence, machine learning, augmented reality, internet of things, virtual reality, big data) are critical enablers for the digital supply chain network; however, to unleash the full potential of these technologies, an extensive data sharing and analysis is required. This will only be possible if there is a robust telecom network. 5G with its features of low latency, high bandwidth, higher speeds, and low power requirements is expected to fill the void and hence expedite the digital supply chain transformation.

An old friend is better than two new ones? Approaches to market research in the context of digital transformation for the antitrust laws enforcement

2020 ◽  
pp. 37-55 ◽  
Author(s):  
A. E. Shastitko ◽  
O. A. Markova
Keyword(s):  
Business Models ◽  
Rapid Development ◽  
Digital Transformation ◽  
Market Definition ◽  
Type I ◽  
Type Ii ◽  
Digital Platforms ◽  
Advantages And Disadvantages ◽  
Pass Through ◽  
Type Ii Errors

Digital transformation has led to changes in business models of traditional players in the existing markets. What is more, new entrants and new markets appeared, in particular platforms and multisided markets. The emergence and rapid development of platforms are caused primarily by the existence of so called indirect network externalities. Regarding to this, a question arises of whether the existing instruments of competition law enforcement and market analysis are still relevant when analyzing markets with digital platforms? This paper aims at discussing advantages and disadvantages of using various tools to define markets with platforms. In particular, we define the features of the SSNIP test when being applyed to markets with platforms. Furthermore, we analyze adjustment in tests for platform market definition in terms of possible type I and type II errors. All in all, it turns out that to reduce the likelihood of type I and type II errors while applying market definition technique to markets with platforms one should consider the type of platform analyzed: transaction platforms without pass-through and non-transaction matching platforms should be tackled as players in a multisided market, whereas non-transaction platforms should be analyzed as players in several interrelated markets. However, if the platform is allowed to adjust prices, there emerges additional challenge that the regulator and companies may manipulate the results of SSNIP test by applying different models of competition.

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