Risk identification and modeling for blockchain-enabled container shipping

Nguyen, Son; Chen, Shun-Ling; Du, Yanliang

doi:10.1108/ijpdlm-01-2020-0036

Cited by 34 publications

(18 citation statements)

References 30 publications

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“…The blockchain can solve a part of the problem by consequently affecting the reduction of bunker fuel consumption and vessel emissions. Nguyen et al [67] have investigated the potential operational risks of the blockchain-integrated container shipping systems, but have also identified a potential of the blockchain technology adoption in strengthening security and improving efficiency in container shipping operations. The focus of the Venturini et al [69] has been the optimization of assigning the berthing times and positions to the vessels in container terminals.…”

Section: Socialmentioning

confidence: 99%

Improving Maritime Transport Sustainability Using Blockchain-Based Information Exchange

et al. 2020

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In this paper, the authors perform a comprehensive literature review of the positive impacts of blockchain-based information exchange in the maritime transport sector, as well as the challenges and barriers for successful blockchain-based information exchange, considering all three aspects of the sustainability (economic, environmental, and social). The papers from relevant databases (Web of Science and Scopus) and selected studies have been used. The literature coverage was expanded by using backward snowball sampling. In total, 20 positive impacts and 20 challenges/barriers were singled out. Despite the identified barriers and challenges (such as the slow acceptance of blockchain technology in the maritime transport sector or the high implementation cost), blockchain technology possesses a definite potential to improve the information exchange between all involved stakeholders (for example, by improving the visibility across transport routes and by reducing the paper-based processes), positively affecting all three aspects of sustainability. The authors contribute to the existing research of the economic aspect of maritime transport sustainability by blockchain-based information exchange by expanding it and by researching the environmental and social aspects of sustainability.

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Section: Socialmentioning

confidence: 99%

Improving Maritime Transport Sustainability Using Blockchain-Based Information Exchange

et al. 2020

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“…One practical way of implementing coordination is designing and using end-to-end supply chain visibility with the help of digital technologies such as artificial intelligence, blockchain, and supplier collaboration platforms (Brintrup et al 2020 ; Dubey et al 2021 ; Ivanov & Dolgui, 2020a ; Ivanov et al 2019 , 2021 ; Nguyen et al 2021 ; Sheng et al 2021 ; Wamba & Queiroz, 2020 ; Winkelhaus & Grosse, 2020 ; Zouari et al 2021 ). End-to-end visibility can ensure early disruption recognition, data transparency, and prediction of possible scenarios along with collaborative decision-making support.…”

Section: Theoretical and Managerial Insightsmentioning

confidence: 99%

Exiting the COVID-19 pandemic: after-shock risks and avoidance of disruption tails in supply chains

Ivanov

2021

Ann Oper Res

109

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Entering the COVID-19 pandemic wreaked havoc on supply chains. Reacting to the pandemic and adaptation in the “new normal” have been challenging tasks. Exiting the pandemic can lead to some after-shock effects such as “disruption tails.” While the research community has undertaken considerable efforts to predict the pandemic’s impacts and examine supply chain adaptive behaviors during the pandemic, little is known about supply chain management in the course of pandemic elimination and post-disruption recovery. If capacity and inventory management are unaware of the after-shock risks, this can result in highly destabilized production–inventory dynamics and decreased performance in the post-disruption period causing product deficits in the markets and high inventory costs in the supply chains. In this paper, we use a discrete-event simulation model to investigate some exit strategies for a supply chain in the context of the COVID-19 pandemic. Our model can inform managers about the existence and risk of disruption tails in their supply chains and guide the selection of post-pandemic recovery strategies. Our results show that supply chains with postponed demand and shutdown capacity during the COVID-19 pandemic are particularly prone to disruption tails. We then developed and examined two strategies to avoid these disruption tails. First, we observed a conjunction of recovery and supply chain coordination which mitigates the impact of disruption tails by demand smoothing over time in the post-disruption period. Second, we found a gradual capacity ramp-up prior to expected peaks of postponed demand to be an effective strategy for disruption tail control.

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“…The study by Nguyen et al (2021) "Risk identification and modeling for blockchainenabled container shipping" analyses potential operational risks of blockchain-integrated container shipping systems. Using literature review, the authors construct a directed acyclic graph (DAG), and analyse the results based on network topological metrics.…”

Section: Sc Relationships and Technologymentioning

confidence: 99%

Supply chain resilience and its interplay with digital technologies: making innovations work in emergency situations

Ivanov

Blackhurst

Das

2021

IJPDLM

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Supply chain resilience and its interplay with digital technologies: making innovations work in emergency situations Resilience in supply chains is as vital for firms as immune systems are for human beings. Immune systems continuously monitor, anticipate and adapt to dynamic environments. Similarly, resilience capabilities in supply chains (SC) enable recovery and adaptation when the SC are exposed to and affected by changes in environmental and operational factors (MacCarthy et al., 2016). One such significant and rapidly emerging change is digitalization in firms and in society (Richey et al., 2016, Ivanov et al., 2019cPanetto et al., 2019). Supply chain resilience (SCR), as a capability, is both challenged and enhanced by digitalization. Although the concept of resilience in supply chain management (SCM) is not new (

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Risk identification and modeling for blockchain-enabled container shipping

Cited by 34 publications

References 30 publications

Improving Maritime Transport Sustainability Using Blockchain-Based Information Exchange

Improving Maritime Transport Sustainability Using Blockchain-Based Information Exchange

Exiting the COVID-19 pandemic: after-shock risks and avoidance of disruption tails in supply chains

Supply chain resilience and its interplay with digital technologies: making innovations work in emergency situations

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