Blockchain for Supply Chain Traceability: Business Requirements and Critical Success Factors
By Gabriella M. Hastig, ManMohan S. Sodhi. Production and operations management, 2020
748 citations recorded by the source corpus.
We seek to guide operations management (OM) research on the implementation of supply chain traceability systems by identifying business requirements and the factors critical to successful implementation. We first motivate the need for implementing traceability systems in two very different industries—cobalt mining and pharmaceuticals—and present business requirements and critical success factors for implementation. Next, we describe how we carried out thematic analysis of practitioner and scholarly articles on implementing blockchain for supply chain traceability. Finally, we present our results pertaining to the needs of different stakeholders such as suppliers, consumers, and regulators. The business requirements for traceability systems are curbing illegal practices; improving sustainability performance; increasing operational efficiency; enhancing supply‐chain coordination; and sensing market trends. Critical success factors for implementation are companies’ capabilities; collaboration; technology maturity; supply chain practices; leadership; and governance of the traceability efforts. These findings provide a nascent measurement model for empirical work and a foundation for descriptive and normative research on blockchain applications for supply chain traceability.
Subfields: Information Systems, Management Information Systems, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/17fadbe23c535ba8259964f6d585e9fdd3eb837b
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Citations in the corpus
- Blockchain Adoption for Combating Deceptive Counterfeits (2018, background): “There are several survey papers that present background and research opportunity for blockchain (e.g., Babich and Hilary 2020, Hastig and Sodhi 2020, Kumar et al. 2018, Olsen and Tomlin 2020).”
- Combating Copycats in the Supply Chain with Permissioned Blockchain Technology (2021, background): “New technologies, such as blockchain technology, are key drivers that change the business environment (Babich and Hilary 2020, Choi 2019, Guha and Kumar 2018, Hastig and Sodhi 2020, Niu et al. 2019, Whitaker and Kr¨aussl 2020).”
- Blockchain technology in supply chain operations: Applications, challenges and research opportunities (2020, neutral): “44 Hastig and Sodhi (2019) In this paper, authors present a comprehensive study on blockchain for SC traceability, its success factors and”