Blockchain-enabled circular supply chain management: A system architecture for fast fashion

Wang, Bill; Luo, Wen; Zhang, Abraham; Tian, Zonggui; Li, Zhi

doi:10.1016/j.compind.2020.103324

Cited by 131 publications

(65 citation statements)

References 102 publications

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“…The fashion industry accounts for $450 billion in global sales [1], making it one of the most significant industries in the global economy [2]. However, this industry is the second largest polluter worldwide, and its carbon emissions are greater than all maritime transportation and international flights combined [3], causing serious social and environmental impacts in its supply chain [4].…”

Section: Introductionmentioning

confidence: 99%

Can Fashion Be Circular? A Literature Review on Circular Economy Barriers, Drivers, and Practices in the Fashion Industry’s Productive Chain

2021

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Circular economy (CE) principles have gained prominence in the fashion industry since it is a highly polluting industry and requires sustainable changes. Even though there are several CE initiatives already in place within the fashion production chain, changes towards CE are still slow. This study seeks to identify the drivers, barriers, and practices that influence implementing circular economy concepts in the fashion industry production chain using a systematic literature review. The results show that some more barriers and criteria keep consumers away from circular fashion concepts than drivers. These barriers include fast fashion consumer culture, even though more consumers are environmentally conscious. This is because awareness has not reached large-scale populations, despite the world being more aware of social and environmental issues. Consumers still do not see ethical and ecological problems associated with the fashion industry and continue to be targeted for large fast fashion retailers that sell a misguided version of consumerism. This study contributes to both academia and new fashion business models that seek to become more sustainable since it presents opportunities for investments and the obstacles that must be overcome for reaching CE within this sector.

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Section: Introductionmentioning

confidence: 99%

Can Fashion Be Circular? A Literature Review on Circular Economy Barriers, Drivers, and Practices in the Fashion Industry’s Productive Chain

2021

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“…Blockchain technology with its many elements offers opportunities of visibility, through transparency and traceability capabilities, across the supply chain [27] and particularly helps digitalizing the end-of-life supply chain loop closing activities that further support circular economy principles of which RL is critical [28]. Some general RL-blockchain examples include:…”

Section: Blockchain Opportunities For Reverse Logistics and Closing-tmentioning

confidence: 99%

Digitalizing the Closing-of-the-Loop for Supply Chains: A Transportation and Blockchain Perspective

et al. 2021

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The circular economy is gaining in importance globally and locally. The COVID-19 crisis, as an exceptional event, showed the limits and the fragility of supply chains, with circular economy practices as a potential solution during and post-COVID. Reverse logistics (RL) is an important dimension of the circular economy which allows management of economic, social, and environmental challenges. Transportation is needed for RL to effectively operate, but research study on this topic has been relatively limited. New digitalization opportunities can enhance transportation and RL, and therefore further enhance the circular economy. This paper proposes to review practical research and concerns at the nexus of transportation, RL, and blockchain as a digitalizing technology. The potential benefits of blockchain technology through example use cases on various aspects of RL and transportation activities are presented. This integration and applications are evaluated using various capability facets of blockchain technology, particularly as an immutable and reliable ledger, a tracking service, a smart contract utility, as marketplace support, and as tokenization and incentivization. We also briefly introduce the physical internet concept within this context. The physical internet paradigm proposed last decade, promises to also disrupt the blockchain, transportation, and RL nexus. We include potential research directions and managerial implications across the blockchain, transportation, and RL nexus.

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“…The applications brought by blockchain technology can only be realized at specific contact points in the network with all relevant parties' acceptance. Thus, data security can be controlled for all supply chain transactions [49]. Blockchain can increase supply chain visibility and enable real-time data sharing on the network.…”

Section: Blockchain Technology and Supply Chain Flexibilitymentioning

confidence: 99%

An Integrated Impact of Blockchain on Supply Chain Applications

Meidutė‐Kavaliauskienė

Yıldız

Çiğdem

et al. 2021

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Market conditions have become increasingly dynamic and demanding, resulting in a challenging competitive environment. To adapt to this dynamic environment, supply chains have become increasingly reliant on collaboration, integration, flexibility, and trust between stakeholders. Therefore, the importance of new technological applications in supply chains has grown even more. To improve supply chain flow control, modern specialized applications must be implemented. Blockchain technology has established itself as a necessary component of today’s competitive environment. Companies should invest in blockchain technology to respond quickly to changing market conditions and demands in today’s dynamic business environment. In this regard, this study investigates the effect of blockchain technology utilization on supply chain transparency, supply chain flexibility, and trust in suppliers. For this purpose, first, data were collected from the first 1000 exporting firms declared in 2019 by the Turkey Exporters Assembly using a survey method. Secondly, factor analyses and regression analyses were performed with the dataset obtained from 84 companies. As a result of the analysis, it was determined that blockchain technology utilization increases transparency, flexibility, and trust in supply chains. According to these results, it is suggested that companies should invest in blockchain technology to make their supply chain more transparent, flexible, and secure. Moreover, blockchain plays a crucial role in building mutual trust with supply chain stakeholders. Finally, the research includes some considerations on the positive implications and potential of blockchain in collaboration and integration.

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Blockchain-enabled circular supply chain management: A system architecture for fast fashion

Cited by 131 publications

References 102 publications

Can Fashion Be Circular? A Literature Review on Circular Economy Barriers, Drivers, and Practices in the Fashion Industry’s Productive Chain

Can Fashion Be Circular? A Literature Review on Circular Economy Barriers, Drivers, and Practices in the Fashion Industry’s Productive Chain

Digitalizing the Closing-of-the-Loop for Supply Chains: A Transportation and Blockchain Perspective

An Integrated Impact of Blockchain on Supply Chain Applications

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