Timing of blockchain adoption in a supply chain with competing manufacturers

Ji, Guojun; Shu, Zhou; Lai, Kee‐hung; Tan, Kim Hua; Kumar, Ajay

doi:10.1016/j.ijpe.2022.108430

Cited by 59 publications

(23 citation statements)

References 40 publications

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“…Anastasiadis et al ( 2022 ) proposed that a decision to adopt BT as a traceability system could stir the adoption of circular economy and sustainability practices (Tsolakis et al, 2022 ). 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.…”

Section: Resultsmentioning

confidence: 99%

“…Saberi et al (2019), Fosso,Chod et al (2020),Farooque et al (2020),Papathanasiou et al (2020),Shoaib et al (2020),Kamble et al (2020),Sahebi et al (2020Sahebi et al ( , 2022,Schuetz and Venkatesh (2020), van Hoek (2020b),Yadav and Singh (2020),Ali et al (2021),Balci and Surucu-Balci (2021), Bag et al (2021), Caldarelli et al (2021), Baharmand et al (2021), Dede et al (2021), Dong et al (2021), Ghode et al (2021), Guo et al (2021), Gupta et al (2021), He et al (2021), Karakas et al (2021), Karuppiah et al (2021), Kouhizadeh et al (2021), Li et al (2021b, 2021d), Mathivathanan et al (2021), Liu et al (2021a, 2021b, 2021c, 2021d, 2021e, 2021f, 2021g), Nandi et al (2021), Narwane et al (2021), Niu et al (2021a, 2021b), Pun et al (2021), Patil et al (2021), Rainero and Modarelli (2021), Razak et al (2021), Sharma et al (2021a, 2021b), Shen et al (2021), Sundarakani et al (2021), Suwanposri et al (2021), Tan and Sundarakani (2021),Vafadarnikjoo et al (2021),Vu et al (2021,Wu et al (2021,Xiong et al (2021),Yang et al(2021),Agi and Jha (2022),Anastasiadis et al (2022),Bai et al (2022),Benstead and Moradlou (2022),Çolak and Kaǧnicioǧlu (2022),Fan et al (2022),Galati (2022),Govindan (2022),Huang et al (2022),Ji et al (2022),Han and Rani (2022),Kayikci et al (), Khan et al (2022a, 2022b, 2022c,Kumar et al (2022a),Moretto and Macchion (2022),Naef et al (2022),…”

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confidence: 99%

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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%

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confidence: 99%

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

2022

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“…Wu et al (2021) incorporated consumer traceability preferences into a game model consisting of suppliers, third‐party logistics service providers (3PLs), and e‐retailers in fresh food supply chain management and analyzed the optimal applicable strategy for blockchain technology. Ji et al (2022) suggested that members upstream and downstream of the supply chain should fully understand the traceability psychology and preferences of consumer psychology through market research before the introduction of blockchain technology. Fan et al (2022) comparatively analyzed the optimal supply chain decisions considering consumer traceability preferences in different contexts.…”

Section: Literature Reviewmentioning

confidence: 99%

Manufacturer encroachment strategies and decision timing considering the product traceability preferences under e‐commerce

Liu

et al. 2023

Manage Decis Econ

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Blockchain technology is applied for product traceability in e‐commerce supply chains. In this context, the paper investigates the channel problem and decision timing problem considering product traceability. Using game‐theoretic framework, the manufacturer encroachment strategies, order quantities and profits under different channel structure, and traceability level are characterized. Research shows that selling traceability products can expand potential market demand and increase the sales volume of products and the profits of manufacturers and retailers. Under encroachment, members with information advantage can maximize their own profits. Additionally, manufacturers can regain the high ground by adjusting traceability levels to influence wholesale prices.

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“…This centralized server-client mechanism is inefficient facing information fraudulence and sharing. As a result, consumer's trust in this traditional traceability is low (Gj et al ., 2022). As a shared database, blockchain technology is considered to be an effective solution to solve the trust problem (Pun et al ., 2021; Wu et al ., 2021).…”

Section: Introductionmentioning

confidence: 99%

Investment strategies and coordination for green food supply chain: a further research considering the inputs of the blockchain-based traceability system

Liu

2023

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PurposeTo study these issues, the authors chose a GFSC with one producer and one material supplier as research object, the supplier will offer green material to the producer and the producer will make green food using green production technology. Then, the authors proposed that consumers' perceived value was determined by the trustworthiness levels of the related green and quality-safety information provided by the supplier and the producer. Then, considering the trustworthiness levels of the green and quality information provided by the supplier and the producer, the authors improved the demand function. Afterwards, we constructed four investment models and their income models are built and then a cost-sharing and revenue-sharing contract (hereafter, CSRS) was adopted to coordinate the GFSC.Design/methodology/approachWith the growth of consumers environmental awareness and life level, consumers' requirements for green and high quality food are growing. In recently years, to increase consumers' perceived trustworthiness on the product greenness and quality levels, stakeholders in green food supply chain (hereafter, GFSC) start to adopt the blockchain-based traceability system (hereafter, BLTS). For investors, they need to know the investment conditions and how to coordinate the GFSC.Findings(1) When the revenue-sharing coefficient is less than three-fourths and higher then a certain vaule, the cost-sharing and revenue-sharing contract can make the GFSC coordinate. (2) The investment cost threshold of the BLTS has a positive relationship with the trustworthiness improvement levels of the green and quality information, the green degree of food products and the quality of food products. (3) In the proposed four investment situations, as the growth of consumers perceived credibility coefficient about the greenness information and the quality information, chain members' revenues will increase. In addition, comparing with co-investing the BLTS, benefits of chain members are lower than them in the sole investment model.Originality/value(1) The demand function we proposed can help chain members forecast market demand to support production or ordering decisions. (2) The investment decision policies can offer a theoretical reference for chain members to use the BLTS. (3) The CSRS will offer the theoretical reference for coordinating the supply chain after using the BLTS. Furthermore, our study method can be referenced by other scholars. (4) The study method can offer a method reference for researchers who do a similar discussion in a manufacturing supply chain. Although, our research cannot guide the industrial practices, it can serve as a reference of the similar research in industry.

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Timing of blockchain adoption in a supply chain with competing manufacturers

Cited by 59 publications

References 40 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

Manufacturer encroachment strategies and decision timing considering the product traceability preferences under e‐commerce

Investment strategies and coordination for green food supply chain: a further research considering the inputs of the blockchain-based traceability system

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