Strategic analysis for adopting blockchain technology under supply chain competition

Wu, Xue-Yan; Fan, Zhi‐Ping; Li, Guangming

doi:10.1080/13675567.2022.2058473

Cited by 20 publications

(17 citation statements)

References 44 publications

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“…Ji et al ( 2022 ) found that decision to adopt BT in SC if and only if sensitivity of consumer exceeds the minimum requirement level along with the consideration of reaping big profits in the manufacturers case who will adopt the BT. Wu et al ( 2022 ) further proposed that BT adoption depends on consumers awareness about traceability and cost-sharing of BT-based traceability between manufacturer and retailer. Fan et al ( 2022 ) reiterated that BT adoption depends on consumers awareness about traceability and the cost of using BT along with production cost of supplier and manufacturer.…”

Section: Resultsmentioning

confidence: 99%

Blockchain technology in supply chain management: an organizational theoretic overview and research agenda

2022

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Blockchain technology is touted as a game-changer. Many experts consider blockchain technology as one of the disruptive innovations. Following significant success in the banking and finance sector, blockchain technology has found significant success in all fields, including health, manufacturing, transportation, disaster relief operations, and many others. Recently, the academician has contributed significantly towards understanding blockchain technology and its application in the management field. To understand how the literature on blockchain technology in the supply chain has progressed, we undertook an extensive review of the literature published in peer-reviewed journals using databases such as SCOPUS. We have further classified our literature into four stages (pre-adoption, adoption, implementation, and application). Finally, we synthesized the findings of the study and proposed a research framework to explain how an organization can build supply chain resilience and enhance supply chain performance with the help of blockchain technology. Finally, we have noted the limitations of the study and future research directions.

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Section: Resultsmentioning

confidence: 99%

Blockchain technology in supply chain management: an organizational theoretic overview and research agenda

2022

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“…Blockchain technology not only improves the transparency of the supply chain [30], but it also realizes the information sharing among supply chain members [31]. Enterprises use blockchain technology to achieve product traceability [32,33], improve supply chain costs [34,35], and reduce their operational risks [36,37]. Hastig and Sodhi [30] investigated that implementing blockchain can enable supply chain traceability, which improves coordination among supply chain enterprises.…”

Section: Application Of Blockchain In Supply Chain Managementmentioning

confidence: 99%

Emission Reduction Decisions in Blockchain-Enabled Low-Carbon Supply Chains under Different Power Structures

Jiang,

Qin,

Zuo

et al. 2024

Mathematics

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With the global climate problem becoming increasingly severe, governments have adopted policies to encourage enterprises to invest in low-carbon technologies. However, the opacity of the carbon emission reduction process leads to incomplete consumer trust in low-carbon products as well as higher supply chain transaction costs. Based on this, this paper constructs Stackelberg game models with and without blockchain under different power structures and compares the impact of these models on low-carbon emission reduction decisions. The results show that: (1) blockchain does not necessarily improve enterprise profits and can only help enterprises maintain optimal profits within a certain range when the carbon emission cost is low; (2) when consumers’ environmental awareness is high, the blockchain can incentivize manufacturers to enhance carbon emission reduction, and it has an obvious promotional effect on retailers’ profits; and (3) the profit gap between enterprises in the supply chain is larger under different power structures, and the implementation of blockchain can coordinate profit distribution and narrow the gap between enterprises. Compared with the manufacturer-dominated model, the emission reduction in products is maximized under the retailer-dominated model. Our study provides theoretical support for the government to regulate greenhouse gas emissions as well as for the optimization of enterprises’ decision-making supported by blockchain.

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“…The number of studies exploring Blockchain use cases in supply chain management is rising rapidly (Kamble et al, 2021;Wamba and Queiroz, 2020). Despite a growing body of research, the lack of understanding and awareness about Blockchain indicates that knowledge is available but scattered (Rakshit et al, 2022;Wu et al, 2022). Therefore, collecting and synthesising these findings is necessary to provide a holistic picture of the research field.…”

Section: Research Gaps and Research Objectivesmentioning

confidence: 99%

Blockchain in Supply Chain Management: A Synthesis of Barriers and Enablers for Managers

Kafeel

Kumar

Duong

2023

Int. j. math. eng. manag. sci.

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Blockchain is an emerging and disruptive technology and has the potential to change how supply chains manage their information. However, Blockchain is accompanied by challenges, such as increased information technology complexity, issues of scalability, incompatibility with existing laws and regulations, and a lack of awareness among organisations and customers. This research conducts a bibliometric analysis based on a sample of 68 papers which address the barriers and enablers of blockchain adoption in supply chain management. A recurring theme in the papers was managers’ lack of understanding of Blockchain, which acted as a barrier to adoption. This study proposes a possible explanation by arguing that the academic models used in literature are too obscure from a manager’s perspective and that there is a need to synthesise literature into a framework which is easily understood and familiar. Therefore, the barriers and enablers identified in this study were grouped into the robust Political, Economic, Social, Technological, Legal, and Environment (PESTLE) framework. A key finding from this framework was the absence of political barriers or enablers, which is surprising since blockchain adoption challenges the current status quo in multiple ways. Furthermore, the environmental enablers and barriers were scarcely discussed, with little empirical evidence.

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Strategic analysis for adopting blockchain technology under supply chain competition

Cited by 20 publications

References 44 publications

Blockchain technology in supply chain management: an organizational theoretic overview and research agenda

Blockchain technology in supply chain management: an organizational theoretic overview and research agenda

Emission Reduction Decisions in Blockchain-Enabled Low-Carbon Supply Chains under Different Power Structures

Blockchain in Supply Chain Management: A Synthesis of Barriers and Enablers for Managers

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