Blockchain-enabled supply chain: An experimental study
By Francesco Longo, Letizia Nicoletti, Antonio Padovano, G. d'Atri, M. Forte. Computers & industrial engineering, 2019
309 citations recorded by the source corpus.
Abstract Despite Information and Communication Technologies (ICT) have reduced the information asymmetry and increased the degree of interorganizational collaboration, the companies participating a supply chain are less inclined to share data when information is sensible and partners cannot be fully trusted. In such a context, Blockchain is a decentralized certificate authority that may provide economic and operational benefits but companies operating in a supply chain claim to have little knowledge about Blockchain due to its novelty and to the lack of use cases and application studies. In this work, a software connector has been designed and developed to connect an Ethereum-like blockchain with the enterprises’ information systems to allow companies to share information with their partners with different levels of visibility and to check data authenticity, integrity and invariability over time through the blockchain, thus building trust. In order to explore the potential of deploying the blockchain in a supply chain, a simulation model has been developed to recreate the supply chain operations and integrated with the blockchain through the same software connector to carry out a scenario statistical analysis. Application results shows how blockchain technology is a convenient instrument to overcome collaboration and trust issues in a supply chain, to increase the supply chain overall performance, to minimize the negative consequences of information asymmetry over the echelons of a supply chain but also to discourage companies from any misconduct (e.g. counterfeiting data or low data accuracy).
Subfields: Information Systems, Management Information Systems, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/a6db9452d01e19a9f3bb967f1ef7d3ea5f289416
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In Information Systems
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- Shuchih Ernest Chang
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In Management Information Systems
- Sachin S. Kamble
- Abhijeet Ghadge
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In Strategy and Management
Citations in the corpus
- When Blockchain Meets Supply Chain: A Systematic Literature Review on Current Development and Potential Applications (2020, background): “Ethereum provides public chain settings for supply chain customers to trace physical asset provenance, authenticity and logistics status [126].”
- A literature review of blockchain technology applications in supply chains: A comprehensive analysis of themes, methodologies and industries (2021, unknown): “…Choi, Feng, et al., 2020; Choi & Luo, 2019; Choi et al., 2019; Hayrutdinov et al., 2020; Ko et al., 2018; Li et al., 2019; L. Liu et al., 2019; Longo et al., 2019; Manupati et al., 2020; Rahmanzadeh et al., 2020; Zheng et al., 2020); these two aspects have attracted great attention and will…”
- A performance measurement system for industry 4.0 enabled smart manufacturing system in SMMEs- A review and empirical investigation (2020, background): “partnerships (Longo et al., 2019; Wang et al., 2019b) and improved customer satisfaction (Petrillo et al.”
- The applications of Industry 4.0 technologies in manufacturing context: a systematic literature review (2020, background): “…Srai and Lorentz 2019), and collaboration can be achieved through distributed smart contracts that enable trusted and autonomous relationship among different actors in the supply chain, both suppliers and customers (Alladi et al. 2019; Fernandez-Carames and Fraga-Lamas 2019; Longo et al. 2019).”
- Blockchain-based framework for supply chain traceability: A case example of textile and clothing industry (2021, background): “In this direction, blockchain creates a chronological chain of records of all supply chain transactions in encrypted and immutable blocks in order to facilitate material traceability (Longo et al., 2019).”