Data quality challenges for sustainable fashion supply chain operations in emerging markets: Roles of blockchain, government sponsors and environment taxes

Choi, Tsan‐Ming; Luo, Suyuan

doi:10.1016/j.tre.2019.09.019

Cited by 291 publications

(127 citation statements)

References 47 publications

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“…Government subsidies are conducive to promoting green innovation in enterprises. Choi and Luo [46] studied government sponsor schemes and environment taxation waiving schemes on data quality of a sustainable fashion supply chain. Guo et al [47] reported that high levels of government subsidies can weaken the relationship of financial slack and R&D investment but strengthen the relationship of R&D investment and firm performance.…”

Section: Governmental Interventionmentioning

confidence: 99%

“…For example, green furniture manufacturers often purchase wood from regenerate forests. Moreover, green clothing manufacturers use organic cotton as raw material [46]. This assumption considers the additional cost caused by the improvement of green levels, which is different from most studies such as Zhang et al [17], Li and Li [27], Xing et al [33], and Bian et al [34] where they have assumed that manufacturing cost is a fixed and given parameter.…”

Section: Problem Formulation and Notationsmentioning

confidence: 99%

See 1 more Smart Citation

Channel Structure Strategies of Supply Chains with Varying Green Cost and Governmental Interventions

2019

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Environmental concerns make enterprises pay more attention to green manufacturing. The emerging green supply chain inevitably will compete with the traditional supply chain. In order to evaluate the competitiveness of supply chains and the impact on channel structure strategy, we develop four game models for two competing supply chains according to their channel structure strategies. Green marginal manufacturing cost, demand sensitivity of green level, and governmental interventions are considered. We study how retail prices, green levels, and profits are influenced by channel structure choice and governmental interventions. Analytical results indicate that the substitutability of products affects channel structure strategy. When the substitutability of products is relatively low, centralization-centralization is the unique Nash equilibrium. However, when the substitutability of products is relatively high, both centralization-centralization and decentralization-decentralization are the Nash equilibriums. Centralization-centralization is a prisoner dilemma, while decentralization-decentralization can make the green supply chain achieve optimal profit. Then, the green marginal manufacturing cost and demand sensitivities of the green level play important but different roles in channel structure strategy of the competing supply chains. Further, whether Nash equilibriums are the optimal strategy depends on governmental intervention. Relatively severe governmental intervention might realize a relatively higher green level, but may not always achieve the lowest retail price for the green supply chain. However, a relatively moderate governmental intervention might achieve a relatively lower green level.

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Section: Governmental Interventionmentioning

confidence: 99%

Section: Problem Formulation and Notationsmentioning

confidence: 99%

Channel Structure Strategies of Supply Chains with Varying Green Cost and Governmental Interventions

2019

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“…However, this is no longer necessarily true. In the big data era (Choi et al., 2018a), digital technologies (Choi and Luo, 2019; Ivanov et al., 2019a) such as blockchain technologies (Choi et al., 2019b; Dolgui et al., 2020) are well established and it is critically important to consider other kinds of models and analyses. To be specific, data‐driven models should be given more emphasis and computational‐based analyses should also be examined with more theoretical backups.…”

Section: Discussionmentioning

confidence: 99%

Editorial to the Special Issue onOperations Research Models for Supply Chain Finance

Choi

Ivanov

2020

Int Trans Operational Res

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“…The centralized SCF platforms usually face the challenge such as information abuse, record tamper, transaction unverifiable, and etc. Thus, these barriers decrease the willingness to join the platform and increase the transaction costs, and have a negative impact on spreads and the value created for the SC community and its shareholders [ 26 , 27 ]. BCT as a promising decentralized technology, without requiring peer to peer trust, could drive decentralized services that aims to speed up business processes, and make financing less costly, but more efficient [ 27 ].…”

Section: Methodsmentioning

confidence: 99%

“…BCT has changed the way that individuals and organizations exchange information and transfer value via the Internet, and has opened up new application prospects of collaboration between supply chain participants [ 23 ]. For instance, a Foxconn cooperative has established a Blockchain-based platform, aiming to eliminate barriers and make information sharing accurate, reliable, and secure [ 26 , 27 , 28 ]. The traditional letters of credit always require manual comparison of different paper trade finance documents for compliance checks, leading to high labor costs and time costs.…”

Section: Methodsmentioning

confidence: 99%

A Blockchain-Driven Supply Chain Finance Application for Auto Retail Industry

Chen

Cai

et al. 2020

Entropy

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In this paper, a Blockchain-driven platform for supply chain finance, BCautoSCF (Zhi-lian-che-rong in Chinese), is introduced. It is successfully established as a reliable and efficient financing platform for the auto retail industry. Due to the Blockchain built-in trust mechanism, participants in the supply chain (SC) networks work extensively and transparently to run a reliable, convenient, and traceable business. Likewise, the traditional supply chain finance (SCF), partial automation of SCF workflows with fewer human errors and disruptions was achieved through smart contract in BCautoSCF. Such open and secure features suggest the feasibility of BCautoSCF in SCF. As the first Blockchain-driven SCF application for the auto retail industry in China, our contribution lies in studying these pain points existing in traditional SCF and proposing a novel Blockchain-driven design to reshape the business logic of SCF to develop an efficient and reliable financing platform for small and medium enterprises (SMEs) in the auto retail industry to decrease the cost of financing and speed up the cash flows. Currently, there are over 600 active enterprise users that adopt BCautoSCF to run their financing business. Up to October 2019, the BCautoSCF provides services to 449 online/offline auto retailors, three B2B asset exchange platforms, nine fund providers, and 78 logistic services across 21 provinces in China. There are 3296 financing transactions successfully completed in BCautoSCF, and the amount of financing is ¥566,784,802.18. In the future, we will work towards supporting a full automation of SCF workflow by smart contracts, so that the efficiency of transaction will be further improved.

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Data quality challenges for sustainable fashion supply chain operations in emerging markets: Roles of blockchain, government sponsors and environment taxes

Cited by 291 publications

References 47 publications

Channel Structure Strategies of Supply Chains with Varying Green Cost and Governmental Interventions

Channel Structure Strategies of Supply Chains with Varying Green Cost and Governmental Interventions

Editorial to the Special Issue onOperations Research Models for Supply Chain Finance

A Blockchain-Driven Supply Chain Finance Application for Auto Retail Industry

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