Blockchain technology’s impact on supply chain integration and sustainable supply chain performance: evidence from the automotive industry

Kamble, Sachin S.; Gunasekaran, Angappa; Subramanian, Nachiappan; Ghadge, Abhijeet; Belhadi, Amine; Mani, Venkatesh

doi:10.1007/s10479-021-04129-6

Cited by 118 publications

(94 citation statements)

References 115 publications

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“…Last by not least, in our final reflection of this review, we stumbled upon the greatly astonishing state of sustainable finance, wherein the application and discussion of new-age technologies in sustainable finance research is almost virtually non-existent despite its omnipresence in other fields such as business sustainability (Sivarajah et el., 2020 ), sustainable automotive (Kamble et al, 2021 ) and humanitarian supply chain (Bag et al, 2020 ), sustainable logistics service quality (Gupta et al, 2021 ), and sustainability marketing (Bolton, 2021 ). In essence, new-age technologies refer to new technologies that emerge as new industrial revolutions surface, with technologies such as artificial intelligence, blockchain, internet of things, and machine learning being born out of the recent fourth industrial revolution (IR4.0) (Gupta et al, 2020 ).…”

Section: Forging the Way Forwardmentioning

confidence: 99%

Past, present, and future of sustainable finance: insights from big data analytics through machine learning of scholarly research

et al. 2022

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Sustainable finance is a rich field of research. Yet, existing reviews remain limited due to the piecemeal insights offered through a sub-set rather than the entire corpus of sustainable finance. To address this gap, this study aims to conduct a large-scale review that would provide a state-of-the-art overview of the performance and intellectual structure of sustainable finance. To do so, this study engages in a review of sustainable finance research using big data analytics through machine learning of scholarly research. In doing so, this study unpacks the most influential articles and top contributing journals, authors, institutions, and countries, as well as the methodological choices and research contexts for sustainable finance research. In addition, this study reveals insights into seven major themes of sustainable finance research, namely socially responsible investing, climate financing, green financing, impact investing, carbon financing, energy financing, and governance of sustainable financing and investing. To drive the field forward, this study proposes several suggestions for future sustainable finance research, which include developing and diffusing innovative sustainable financing instruments, magnifying and managing the profitability and returns of sustainable financing, making sustainable finance more sustainable, devising and unifying policies and frameworks for sustainable finance, tackling greenwashing of corporate sustainability reporting in sustainable finance, shining behavioral finance on sustainable finance, and leveraging the power of new-age technologies such as artificial intelligence, blockchain, internet of things, and machine learning for sustainable finance.

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Section: Forging the Way Forwardmentioning

confidence: 99%

Past, present, and future of sustainable finance: insights from big data analytics through machine learning of scholarly research

et al. 2022

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“…[ [44][45][46][47] Quality and Compliance Issues Procuring a replacement for defective parts is a long-drawn and uncomfortable process. [48][49][50][51] Inevitable disruptions LEAN "on-demand" manufacturing falls flat in a situation where natural disasters and socio-economic problems are common. For example, Japan (frequently affected by earthquakes) has outsourced most of its supply chain logistics to other countries.…”

Section: Issue Description Referencesmentioning

confidence: 99%

“…There is a need for organizations to focus on these issues to improve overall operational efficiency. Kamble et al, (2021) reviewed blockchain technology's impact on the automotive supply chain and summarized the relationship between blockchain and sustainable supply performance [51]. Khanfar et al, (2021) reviewed the application of blockchain technology in manufacturing and suggested opportunities for new directions of research [52].…”

Section: Research Gapmentioning

confidence: 99%

Blockchain Technology for Enhancing Traceability and Efficiency in Automobile Supply Chain—A Case Study

et al. 2021

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A robust traceability system would help organizations in inventory optimization reduce lead time and improve customer service and quality which further enables the organizations to be a leader in their industry sector. This research study analyzes the challenges faced by the automotive industry in its supply chain operations. Further, the traceability issues and waiting time at different nodes of the supply chain are considered to be priority issues that affect the overall supply chain efficiency in the automotive supply chain. After studying the existing blockchain architectures and their implementation methodology, this study proposes a new blockchain-based architecture to improve traceability and reduce waiting time for the automotive supply chain. A hyper ledger fabric-based blockchain architecture is developed to track the ownership transfers in inbound and outbound logistics. The simulation results of the proposed hyper ledger fabric-based blockchain architecture show that there is an improvement in the traceability of items at different nodes of the supply chain that enhances the Inventory Quality Ratio (IQR) and the mean waiting time is reduced at the factory, wholesaler, and retailer, which thereby improves the overall supply chain efficiency. The blockchain embedded supply chain is more capable to eliminate the risks and uncertainties associated with the automotive supply chain. The benefits of adopting blockchain technology in the automotive supply chain are also described. The developed blockchain-based framework is capable to get more visibility into goods movement and inventory status in automotive supply chains.

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“…19. Kamble et al (2021b) The main objective of this study is to investigate the effect of the information-enabled supply chain on its sustainable performance.…”

Section: Prototypical Developmentmentioning

confidence: 99%

Blockchain Adoption for Sustainable Supply Chain Management: Economic, Environmental, and Social Perspectives

et al. 2022

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Due to the rapid increase in environmental degradation and depletion of natural resources, the focus of researchers is shifted from economic to socio-environmental problems. Blockchain is a disruptive technology that has the potential to restructure the entire supply chain for sustainable practices. Blockchain is a distributed ledger that provides a digital database for recording all the transactions of the supply chain. The main purpose of this research is to explore the literature relevant to blockchain for sustainable supply chain management. The focus of this review is on the sustainability of the blockchain-based supply chain concerning environmental conservation, social equality, and governance effectiveness. Using a systematic literature review, a total of 136 articles were evaluated and categorized according to the triple bottom-line aspects of sustainability. Challenges and barriers during blockchain adoption in different industrial sectors such as aviation, shipping, agriculture and food, manufacturing, automotive, pharmaceutical, and textile industries were critically examined. This study has not only explored the economic, environmental, and social impacts of blockchain but also highlighted the emerging trends in a circular supply chain with current developments of advanced technologies along with their critical success factors. Furthermore, research areas and gaps in the existing research are discussed, and future research directions are suggested. The findings of this study show that blockchain has the potential to revolutionize the entire supply chain from a sustainability perspective. Blockchain will not only improve the economic sustainability of the supply chain through effective traceability, enhanced visibility through information sharing, transparency in processes, and decentralization of the entire structure but also will help in achieving environmental and social sustainability through resource efficiency, accountability, smart contracts, trust development, and fraud prevention. The study will be helpful for managers and practitioners to understand the procedure of blockchain adoption and to increase the probability of its successful implementation to develop a sustainable supply chain network.

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Blockchain technology’s impact on supply chain integration and sustainable supply chain performance: evidence from the automotive industry

Cited by 118 publications

References 115 publications

Past, present, and future of sustainable finance: insights from big data analytics through machine learning of scholarly research

Past, present, and future of sustainable finance: insights from big data analytics through machine learning of scholarly research

Blockchain Technology for Enhancing Traceability and Efficiency in Automobile Supply Chain—A Case Study

Blockchain Adoption for Sustainable Supply Chain Management: Economic, Environmental, and Social Perspectives

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