IEMS Journal of Management Research

Volume: 11 Issue: 2

  • Open Access
  • Review Article

IMPACT OF BLOCKCHAIN ON THE PERFORMANCE DIMENSIONS OF SUPPLY CHAIN MANAGEMENT

Dr. Manjunath Balehosur1, Roshan Rodrigues2

1 Assistant Professor, IEMS B-School, Hubballi, India

 

2 Global Supply Chain Manager,  GDK (UK), G4 0FD, Glasgow, United Kingdom 

 

Year: 2023, Page: 19-33,

Received: Aug. 2, 2023 Accepted: Sept. 1, 2023 Published: Dec. 1, 2023

Abstract

This paper explores the contribution of blockchain to the performance dimensions of Supply Chain Management (SCM), with a specific focus on addressing traceability issues in the international food supply chain. The paper reviews literature related to blockchain in SCM and its effects on performance dimensions. Technical aspects of blockchain and the desired outcomes of traceability in the food supply chain are discussed. The paper concludes with findings, offering insights into the impact of blockchain on the performance dimensions of Supply Chain Management.

Keywords: Blockchain, Supply Chain Management (SCM), Traceability, Performance Dimensions, International Food Supply Chain.

References

  1. Alam, M. (2016) Why the auto industry should embrace Blockchain. [online] Connected Car Tech. Available at: <https://www.connectedcar-news.com/news/2016/dec/09/why-auto-industry-should-embrace-blockchain/> [Accessed 1 June 2023].
  2. Berke, A., 2017. How Safe Are Blockchains? It Depends. [online] Harvard Business Review. Available at: <https://hbr.org/2017/03/how-safe-are-blockchains-it-depends> [Accessed 1 June 2023].
  3. Biesecker, C. (2020) Lockheed Martin Contracts with Guardtime Federal to Secure Software Supply Chain - Defense Daily. [online] Defense Daily. Available at: <https://www.defensedaily.com/lockheed-martin-contracts-guardtime-federal-secure-software-supply-chain/cyber/> [Accessed 1 June 2023].
  4. Casey, M. and Wong, P. (2017) Global Supply Chains Are About to Get Better, Thanks to Blockchain. [online] Harvard Business Review. Available at: <https://hbr.org/2017/03/global-supply-chains-are-about-to-get-better-thanks-to-blockchain> [Accessed 1 June 2023].
  5. Catalini, C. and Gans, J. (2016) Some Simple Economics of the Blockchain. National Bureau of Economic Research.
  6. Christidis, K. and Devetsikiotis, M. (2016) Blockchains and Smart Contracts for the Internet of Things. IEEE Access, 4, pp.2292-2303.
  7. Crosby, M., Nachiappan, Pattanayak, P., Verma, S. and Kalyanaraman, V. (2016) Blockchain Technology: Beyond Bitcoin. [online] Scet.berkeley.edu. Available at: <http://scet.berkeley.edu/wp-content/uploads/AIR-2016-Blockchain.pdf> [Accessed 1 June 2023].
  8. Dierksmeier, C. and Seele, P. (2019) Blockchain and business ethics. Business Ethics: A European Review, 29(2), pp.348-359.
  9. Ellis, S. (2019) Top 10 predictions for worldwide supply chains in 2020.
  10. [online] https://www.mhlnews.com/. Available at: <https:// www.mhlnews.com/technology-automation/article/22055896/top-10-predictionsfor-worldwide-supply-chains-in-2020.> [Accessed 1 June 2023].
  11. Farahmand, H., 2017. A Technical Primer for Assessing a Blockchain Platform. [online] Gartner. Available at: <https://www.gartner.com/en/documents/3645330/a-technical-primer-for-assessing-a-blockchain-platform> [Accessed 1 June 2023].
  12. Francisco, K. and Swanson, D. (2018) The Supply Chain Has No Clothes: Technology Adoption of Blockchain for Supply Chain Transparency. Logistics, 2(1), p.2.
  13. Groenfeldt, T. (2017) IBM and Maersk apply blockchain to container shipping. [online] Forbes. Available at: <https://www.forbes.com/sites/tomgroenfeldt/2017/03/05/ibm-and-maersk-apply-blockchain-to-container-shipping/?sh=164a4b243f05> [Accessed 1 June 2023].
  14. IBM (2021) What is Hyperledger Fabric? [online] Ibm.com. Available at: <https://www.ibm.com/uk-en/topics/hyperledger> [Accessed 1 June 2023].
  15. Hackius, Niels; Petersen, Moritz (2017): Blockchain in logistics and supply chain: Trick or treat? Proceedings of the Hamburg International Conference of Logistics (HICL), Vol. 23, pp. 3-18.
  16. Haller, K., Lee, J. and Cheung, J. (2020) [online] Ibm.com. Available at: <https://www.ibm.com/downloads/cas/EXK4XKX8> [Accessed 1 June 2023].
  17. Kshetri, N. (2018) 1 Blockchain’s roles in meeting key supply chain management objectives. International Journal of Information Management, 39, pp.80-89.
  18. Kshetri, N. (2021) Blockchain and supply chain management. Amsterdam: Elsevier.
  19. Laaper, S., Fitzgerald, J., Quasney, E., Yeh, W. and Basir, M. (2017) Using Blockchain to Drive Supply Chain Transparency and Innovation. [online] Deloitte United States. Available at: <https://www2.deloitte.com/us/en/pages/operations/articles/blockchain-supply-chain-innovation.html> [Accessed 1 June 2023].
  20. Lu, Q. and Xu, X. (2017) Adaptable Blockchain-Based Systems: A Case Study for Product Traceability. IEEE Software, 34(6), pp.21-27.
  21. Murray, S. (2019) Transformations in the supply chain. [online] https://www.ft.com/. Available at: <https://www.ft. com/content/58642d44-d41c-11e9-8d46-8def889b4137.> [Accessed 1 June 2023].
  22. Nakamoto, S. (2009) Bitcoin: a peer-to-peer electronic cash system. [online] Bitcoin.org. Available at: <https://bitcoin.org/bitcoin.pdf> [Accessed 1 June 2023].
  23. O'Marah, K. (2017) Blockchain For Supply Chain: Enormous Potential Down The Road. [online] Forbes. Available at: <https://www.forbes.com/sites/kevinomarah/2017/03/09/blockchain-for-supply-chain-enormous-potential-down-the-road/?sh=7c7d5dd23db5> [Accessed 1 June 2023].
  24. Orcutt, M. (2020) Eastern Asia is the biggest sender of crypto to Latin America - The Block.  [online] The Block. Available at: <https://www.theblockcrypto.com/post/76839/cryptocurrencyeastern- asia-latin-america-trade-chainalysis> [Accessed 1 June 2023].
  25. Queiroz, M. and Fosso Wamba, S. (2019) Blockchain adoption challenges in supply chain: An empirical investigation of the main drivers in India and the USA. International Journal of Information Management, 46, pp.70-82.
  26. Scott, M. (2017) Innovation percolates when coffee meets the blockchain. [online] NASDAQ. Available at: <https://www.nasdaq.com/articles/innovation-percolates-when-coffee-meets-the-blockchain-2017-04-17> [Accessed 1 June 2023].
  27. Stackpole, B. (2020) 5 supply chain technologies that deliver competitive advantage | MIT Sloan. [online] MIT Sloan. Available at: <https://mitsloan.mit.edu/ideas-made-to-matter/5-supply-chain-technologies-deliver-competitive-advantage> [Accessed 1 June 2023].
  28. Swafford P, Ghosh S, Murthy N. (2000) A model of global supply chain agility and its impact on competitive performance. In: Proceedings of the 31st national DSI meeting, Orlando, Florida.

Cite this article


BALEHOSUR M., RODRIGUES R. IMPACT OF BLOCKCHAIN ON THE PERFORMANCE DIMENSIONS OF SUPPLY CHAIN MANAGEMENT. IEMSJMR.2023;11(2):19-33

Views
1808
Downloads
178

Related Articles

NURTURING AND STRENGTHENING SUSTAINABLE INNOVATION AND ENTREPRENEURSHIP IN THE ACADEMIC ENVIRONMENT

Dr. Kiran Kumari Patil1, Malathi R2, Aditya Poojary3, Lakshmi Patil4

Views: 1144

View Article

CHALLENGES FACED BY WOMEN ENTREPRENEURS

Dr. Prashantha Chittaranjan1, Sohan G. Katagi2

Views: 937

View Article

SUSTAINABLE MARKETING IN INDIA: EVOLUTION, CHALLENGES, AND OPPORTUNITIES

Jaanhvee Dave1, Sravani Gudla2

Views: 971

View Article

CONSUMER BEHAVIOUR TOWARDS FAST FOOD OUTLETS IN UTTAR KANNADA DISTRICT

Santosh Ashok Bandekar

Views: 725

View Article

EXPLORING THE IMPACT OF ENTREPRENEURIAL ORIENTATION ON ENTREPRENEURIAL INTENTION - THE MEDIATING ROLE OF ENTREPRENEURIAL EDUCATION

Sneha M. Hiremath1, Dr. Poornima M. Charantimath2

Views: 1069

View Article