Blockchain adoption in logistics and supply chain: a literature review and research agenda

Karakaş, Serkan; Acar, A. Zafer; Küçükaltan, Berk

doi:10.1080/00207543.2021.2012613

Cited by 48 publications

(29 citation statements)

References 113 publications

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“…, 2019). Blockchain is highly capable of securing, validating, and guaranteeing the quality and accuracy of data unlike any other existing technology, thus providing a more secure provenance for the software supply chain (Karakas et al. , 2021; Kimani et al.…”

Section: Resultsmentioning

confidence: 99%

“…, 2020; Clohessy and Acton, 2019). BCT integrated with other technologies (IoT) can improve visibility in the supply chain and undeniably contributes to the forgery protection, making BCT highly relevant as a tool for SCRM (Gohil and Thakker, 2021; Karakas et al. , 2021; Wang et al.…”

Section: Underpinning Elementsmentioning

confidence: 99%

“…The key attributes of blockchain such as transparency, validation, automation and tokenization enable the transparent tracking and tracing of registered information on the network, which prevents any sort of fraud or manipulative acts, thereby mitigating SCR (Hong and Hales, 2021;Dubey et al, 2020;Clohessy and Acton, 2019). BCT integrated with other technologies (IoT) can improve visibility in the supply chain and undeniably contributes to the forgery protection, making BCT highly relevant as a tool for SCRM (Gohil and Thakker, 2021;Karakas et al, 2021;Wang et al, 2019;Kshetri, 2018). Using blockchain to record error-free supply chain data would hold relevant supply chain members accountable and resolve disclosure issues, minimizing the impact of conflicting objectives and increasing trust in the supply chain (Dubey et al, 2020;Hastig and Sodhi, 2020).…”

Section: Blockchain Technologymentioning

confidence: 99%

“…Cybersecurity risks have significantly impacted almost every facet of supply chain operation, from product and process information flowing within and across factories, to logistics operations and the authenticity of plants and equipment used (Colicchia et al, 2019). Blockchain is highly capable of securing, validating, and guaranteeing the quality and accuracy of data unlike any other existing technology, thus providing a more secure provenance for the software supply chain (Karakas et al, 2021;Kimani et al, 2020;Liu and Jiang, 2020).…”

Section: Supply Chain Risk Mitigation Through Innovation and Blockcha...mentioning

confidence: 99%

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Risk management of supply chains in the digital transformation era: contribution and challenges of blockchain technology

Rauniyar

Gupta

et al. 2022

IMDS

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Purpose The high degree of likely disruption challenges organizations at all levels to develop and implement innovative strategies. Ensuring supply chain continuity even during emergency and complex situations is critical for organizations. Therefore, this study explores some strategies adopted by firms based on innovation and blockchain-enabled digital transformation to reduce risk in their supply chain. Design/methodology/approach This study follows the qualitative form of enquiry. The authors interviewed 26 professionals from the supply chain domain. After three-layered coding and mapping multiple layers to the data of interviews, the authors identified emerging themes and sub-themes through a thematic analysis. Findings The authors identified type of risks that can affect global supply chains along with both the role of blockchain and innovation culture in minimizing the degree of such risks and the challenges in adopting blockchain technologies. This led us to develop a framework to address supply chain risk through digital transformation through innovation and blockchain. Practical implications This research offers exciting implications for practice by drawing on the insights gathered to facilitate supply chain risk management through innovation and blockchain applications for organizations that are strongly impacted by digital transformation practices around the world. The study also offers the utilization of a framework followed by propositions to reduce supply chain risks in the digital transformation era. Originality/value This study focuses on presenting a mechanism of supply chain risk management through the application of innovation and blockchain technology for the digital transformation of a value chain. Blockchain can offer an innovative platform to ready the supply chain for future dynamic situations.

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Section: Resultsmentioning

confidence: 99%

Section: Underpinning Elementsmentioning

confidence: 99%

Section: Blockchain Technologymentioning

confidence: 99%

Section: Supply Chain Risk Mitigation Through Innovation and Blockcha...mentioning

confidence: 99%

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Risk management of supply chains in the digital transformation era: contribution and challenges of blockchain technology

Rauniyar

Gupta

et al. 2022

IMDS

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“…Despite blockchain research continuously grow, the extant literature remains largely technical or conceptual, and has mostly been composed of theoretical expositions, framework proposals and case studies and shows a relative lack of quantitative empirical studies (Karakas et al, 2021;. Since the application of blockchain is still at a rapid growth period, blockchain's capacity to help firms with value creation needs to be examined more closely.…”

Section: Introductionmentioning

confidence: 99%

Untangling operational performance implication of ambidextrous blockchain initiatives: an empirical investigation of Chinese manufacturers

Tse

Wang

Liu

et al. 2022

IMDS

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PurposeBlockchain has been considered as a disruptive technology and every industry stands to benefit from it. According to Deloitte, increasing number of managers claim that their firms will suffer loss in competitive advantage if they do not adopt blockchain. Despite this motivation, insufficient knowledge on how can blockchain add value inhibits the commitment to its adoption. To better understand the possible influence of blockchain, two dimensions (exploitation and exploration) of blockchain initiatives are distinguished. This research aims to examine the impact of ambidextrous blockchain initiatives on firms' operational efficiency, as well as the moderating role of unabsorbed slack and environmental munificence.Design/methodology/approachIn this paper, secondary panel data were collected from multiple sources to test the proposed hypotheses. Content analysis was adopted to operationalise ambidextrous blockchain initiatives from firms' official announcements.FindingsThe authors find that firms' ambidexterity in blockchain initiatives have significantly positive impact on operational efficiency. Furthermore, when firms have lower unabsorbed slack or in more munificent environments, they may benefit from managing a balance between exploration and exploitation.Originality/valueThis research offers some insightful theoretical and managerial implications of ambidextrous blockchain initiatives. The findings of this study contribute to blockchain literature by providing theory-driven empirical research.

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Blockchain technology in supply chain management: an organizational theoretic overview and research agenda

2022

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Blockchain technology is touted as a game-changer. Many experts consider blockchain technology as one of the disruptive innovations. Following significant success in the banking and finance sector, blockchain technology has found significant success in all fields, including health, manufacturing, transportation, disaster relief operations, and many others. Recently, the academician has contributed significantly towards understanding blockchain technology and its application in the management field. To understand how the literature on blockchain technology in the supply chain has progressed, we undertook an extensive review of the literature published in peer-reviewed journals using databases such as SCOPUS. We have further classified our literature into four stages (pre-adoption, adoption, implementation, and application). Finally, we synthesized the findings of the study and proposed a research framework to explain how an organization can build supply chain resilience and enhance supply chain performance with the help of blockchain technology. Finally, we have noted the limitations of the study and future research directions.

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Blockchain adoption in logistics and supply chain: a literature review and research agenda

Cited by 48 publications

References 113 publications

Risk management of supply chains in the digital transformation era: contribution and challenges of blockchain technology

Risk management of supply chains in the digital transformation era: contribution and challenges of blockchain technology

Untangling operational performance implication of ambidextrous blockchain initiatives: an empirical investigation of Chinese manufacturers

Blockchain technology in supply chain management: an organizational theoretic overview and research agenda

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