Quality enhanced framework through integration of blockchain with supply chain management

Ramkumar, Gowtham; Kasat, Kishori; P, Raseem Abdul Khader; K, Nawal Muhammed P; Raghu, Tanna; Chhabra, Sonia

doi:10.1016/j.measen.2022.100462

Cited by 8 publications

(6 citation statements)

References 18 publications

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“…Blockchain technology helps enhance the various sources of trust in SCM and provides supply chain partners with protection mechanisms to avoid the risks and costs of opportunistic behavior in collaboration, shifting trust from relational to systembased and cognition-based [102]. Blockchain technology can be seamlessly combined with the Internet of Things (IoT) system [103], which generates and uses digital information throughout the chain.…”

Section: Blockchain Technologymentioning

confidence: 99%

Supply Chain in the Digital Age: A Scientometric–Thematic Literature Review

2023

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The digitization of logistics processes enables, among others, real-time data exchange, which is currently the driving force of the modern economy, as well as functioning supply chains. Digital transformation has been accelerated in recent years, primarily by the development of the Industry 4.0 concept. It is also perceived as a trend supporting the sustainable development of organizations and industries. The main research challenge was identifying current research directions related to the digitalization of supply chains. Therefore, this article aims to present the literature review results of the last five years (2018–2022) regarding the digitalization of supply chains. The research used the PRISMA method (The Preferred Reporting Items for Systematic reviews and Meta-Analyses), and 127 articles were analyzed. On this basis, we proposed a two-level qualifications framework that includes eight core categories and sixteen subcategories. The main contributions of this work are as follows: providing a complete and up-to-date (last five years) literature review on supply chains in the digital age from a global perspective that summarizes the current state of the art in an integrated framework; and provides an indication of the two most significant challenges currently observed, which are interrelated. The first key challenge is the digital transformation of businesses and supply chains; the second is sustainable development, which focuses on the Sustainable Development Goals; reducing the complexity of the issue by providing structure and clarity (Identifying categories and subcategories as the mind map); and identifying research gaps that we will work on in the future. Based on the review, we indicate three identified research gaps: there is a lack of research assessing the use of digitalization to build supply chain resilience; there are no studies evaluating the risk of the negative impact of technologies and threats on relations integrating future supply chains; and there is a lack of research on the changing role of man in modern logistics systems.

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Section: Blockchain Technologymentioning

confidence: 99%

Supply Chain in the Digital Age: A Scientometric–Thematic Literature Review

2023

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“…By making data more accessible and facilitating information sharing among stakeholders, Blockchain may significantly improve quality control and assurance procedures and product design quality. Stakeholders can access information on products, vendors, retailers, suppliers, and supply chain operations because of the capacity to trace information through the entire supply chain [53]. As a result, blockchain technology enables clients to validate the quality of items and guarantees that they adhere to standards, are obtained legally, and are produced following quality control requirements.…”

Section: Qualitymentioning

confidence: 99%

“…ers can access information on products, vendors, retailers, suppliers, and supply chain operations because of the capacity to trace information through the entire supply chain [53]. As a result, blockchain technology enables clients to validate the quality of items and guarantees that they adhere to standards, are obtained legally, and are produced following quality control requirements.…”

Section: Resource Utilizationmentioning

confidence: 99%

From Hype to Reality: Unveiling the Promises, Challenges and Opportunities of Blockchain in Supply Chain Systems

Uddin,

Selvarajan,

Obaidat

et al. 2023

Sustainability

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Blockchain is a groundbreaking technology widely adopted in industrial applications for improving supply chain management (SCM). The SCM and logistics communities have paid close attention to the development of blockchain technology. The primary purpose of employing a blockchain for SCM is to lower production costs while enhancing the system’s security. In recent years, blockchain-related SCM research has drawn much interest, and it is fair to state that this technology is now the most promising option for delivering reliable services/goods in supply chain networks. This study uses rigorous methods to review the technical implementation aspects of SCM systems driven by Blockchain. To ensure the security of industrial applications, we primarily concentrated on developing SCM solutions with blockchain capabilities. In this study, the unique qualities of blockchain technology have been exploited to analyze the main effects of leveraging it in the SCM. Several security metrics are utilized to validate and compare the blockchain methodologies’ effectiveness in SCM. The blockchain may alter the supply chain to make it more transparent and efficient by creating a useful tool for strategic planning and enhancing connections among the customers, suppliers, and accelerators. Moreover, the performance of traditional and blockchain-enabled SCM systems is compared in this study based on the parameters of efficiency, execution time, security level, and latency.

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“…For instance, a study by Rana et al (2018) showed that blockchain can enhance the security and traceability of pharmaceutical supply chains, reducing the risk of counterfeit drugs and improving patient safety [11]. In addition to these benefits, researchers have also highlighted the challenges and limitations of implementing blockchain-based models in supply chain management [12][13][14][15]. For example, a study by Manzoor et al (2019) identified several challenges, such as the lack of standardization and interoperability across different blockchain platforms, the need for secure and reliable data sharing, and the potential for data privacy and security breaches [16].…”

Section: Literature Surveymentioning

confidence: 99%

Enhancing Trust in Supply Chain Management with a Blockchain Approach

2023

jaip

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Blockchain technology has the potential to significantly enhance trust in supply chain management by providing a secure and transparent system for recording and tracking transactions. A blockchain is essentially a distributed ledger that is maintained by a network of nodes, and each node holds a copy of the same ledger. Transactions validated and recorded by the nodes in the network, and once a transaction is recorded, it cannot be altered or deleted. One of the key benefits of using blockchain technology in supply chain management is the ability to provide end-to-end traceability of products. By using a blockchain-based system, every transaction that occurs within the supply chain can be recorded and tracked, allowing for greater transparency and accountability. This can help to reduce the risk of fraud, counterfeiting, and other illegal activities within the supply chain. By using a decentralized system for recording and tracking transactions, there is less need for intermediaries and intermediaries, which can reduce costs and increase the speed of transactions. Overall, blockchain technology has the potential to significantly enhance trust in supply chain management by providing a secure and transparent system for recording and tracking transactions. However, there are still some challenges that need to be addressed, such as interoperability between different blockchain systems, and the need for standardization of data formats and protocols.

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Quality enhanced framework through integration of blockchain with supply chain management

Cited by 8 publications

References 18 publications

Supply Chain in the Digital Age: A Scientometric–Thematic Literature Review

Supply Chain in the Digital Age: A Scientometric–Thematic Literature Review

From Hype to Reality: Unveiling the Promises, Challenges and Opportunities of Blockchain in Supply Chain Systems

Enhancing Trust in Supply Chain Management with a Blockchain Approach

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