Blockchain critical success factors for sustainable supply chain

Yadav, Sachin; Singh, SP

doi:10.1016/j.resconrec.2019.104505

Cited by 289 publications

(196 citation statements)

References 31 publications

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“…Table 10 shows the distribution of the research papers in this category. Blockchain has the following advantages: accessibility, data management, data safety and decentralization, documentation, laws and policy, and quality [139]. They demonstrate that these advantages drive blockchain adoption in supply chain and promote sustainability.…”

Section: Modeling/pilotmentioning

confidence: 95%

Blockchain Technology for Sustainable Supply Chain Management: A Systematic Literature Review and a Classification Framework

Paliwal¹,

Chandra²,

Sharma³

2020

Sustainability

179

190

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Through a systematic review of publications in reputed peer-reviewed journals, this paper investigates the role of blockchain technology in sustainable supply chain management. It uses the What, Who, Where, When, How, and Why (5W+1H) pattern to formulate research objectives and questions. The review considers publications since 2015, and it includes 187 papers published in 2017, 2018, 2019, and the early part of 2020, since no significant publications were found in the year 2015 or 2016 on this subject. It proposes a reusable classification framework—emerging technology literature classification level (ETLCL) framework—based on grounded theory and the technology readiness level for conducting literature reviews in various focus areas of an emerging technology. Subsequently, the study uses ETLCL to classify the literature on our focus area. The results show traceability and transparency as the key benefits of applying blockchain technology. They also indicate a heightened interest in blockchain-based information systems for sustainable supply chain management starting since 2017. This paper offers invaluable insights for managers and leaders who envision sustainability as an essential component of their business. The findings demonstrate the disruptive power and role of blockchain-based information systems. Given the relative novelty of the topic and its scattered literature, the paper helps practitioners examining its various aspects by directing them to the right information sources.

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Section: Modeling/pilotmentioning

confidence: 95%

Blockchain Technology for Sustainable Supply Chain Management: A Systematic Literature Review and a Classification Framework

Paliwal¹,

Chandra²,

Sharma³

2020

Sustainability

179

190

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“…Even though studies focusing on IoT and blockchain technologies are exponentially increasing in the literature, performing IoT-empowered digital twins for product recovery in the era of blockchain is an emerging field relatively, with the limited-related literature [31,[97][98][99]. Yadav and Singh [23] focused on utilizing blockchain to improve sustainable supply chains, while Zhang et al [25] studied blockchain for life cycle assessments. On the other hand, Charnley et al [100] focused on the analytical capability of IoT in Industry 4.0 by mimicking remanufacturing operations through system dynamics and discrete event simulation techniques.…”

Section: Applications Of Digital Technologiesmentioning

confidence: 99%

“…In this broadly connected network, synchronizing data through the cloud leads to cybersecurity and trust issues [20]. Blockchain technology provides vital infrastructure for transmitting data to digital twins in a confidential fashion [21][22][23]. Blockchain is a distributed peer-to-peer ledger technology that permanently seals every transaction into blocks to ensure security and perpetuity [24,25].…”

Section: Introductionmentioning

confidence: 99%

Evaluation of Waste Electronic Product Trade-in Strategies in Predictive Twin Disassembly Systems in the Era of Blockchain

2020

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Manufacturing and supply chain operations are on the cusp of an era with the emergence of groundbreaking technologies. Among these, the digital twin technology is characterized as a paradigm shift in managing production and supply networks since it facilitates a high degree of surveillance and a communication platform between humans, machines, and parts. Digital twins can play a critical role in facilitating faster decision making in product trade-ins by nearly eliminating the uncertainty in the conditions of returned end-of-life products. This paper demonstrates the potential effects of digital twins in trade-in policymaking through a simulated product-recovery system through blockchain technology. A discrete event simulation model is developed from the manufacturer’s viewpoint to obtain a data-driven trade-in pricing policy in a fully transparent platform. The model maps and mimics the behavior of the product-recovery activities based on predictive indicators. Following this, Taguchi’s Orthogonal Array design is implemented as a design-of-experiment study to test the system’s behavior under varying experimental conditions. A logistics regression model is applied to the simulated data to acquire optimal trade-in acquisition prices for returned end-of-life products based on the insights gained from the system.

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“…Each transaction is verified by a group of nodes maintained by the majority of the participants in the system [5,12]. Blockchain has a revolutionary effect not only on the finance sector with cryptocurrency and decentralized authority but also on other sectors as manufacturing, healthcare, or supply chain management, owing to new ways of more secure and transparent transactions [5,[13][14][15]. The benefits of blockchain technology can be described as distributed consensus, anonymity [12], transparency, accountability, interoperability, financial effectiveness, collaboration, agility [5], privacy, security, and scalability [15].…”

Section: -Background Of the Studymentioning

confidence: 99%

“…Functional Appropriateness [25] Functional Completeness [25] Functional Correctness [25] Performance Efficiency Resource Utilization [15,25] Time Behavior [15,25] Compatibility Interoperability [25][26][27][28] Co-existence [25,26,29] Usability Accessibility [15,25,[30][31][32][33][34][35] User interface aesthetics [25] Learnability [25] Reliability Maturity [25] Fault tolerance [25,36,37] Recoverability [25] Availability [14,25] Security & Privacy Authorization [6,25,32,33,38,39] Audit [25] Protection [6,25,32,33,38,39] Multi-location issues [25] Maintainability Replicability [25,40] Stability [25,…”

Section: Functionalitymentioning

confidence: 99%

Exploring Critical Success Factors for Blockchain-based Intelligent Transportation Systems

Çaldağ

Gökalp

2020

Emerg Sci J

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Utilization of Intelligent Transportation Systems (ITS) provides increasing demands on decreasing traffic congestions, transportation safety, and environmental problems as well as increasing transportation capacity. Over the past few years, one of the most disruptive and transformational technologies, blockchain technology, has emerged. As a result of offering more security, privacy, traceability, transparency, and decentralized authority, the utilization of blockchain technology in ITS have increased drastically. Despite this increase, there is a lack of a good understanding of what are the Critical Success Factors (CSF) to support IT providers for designing their products properly, and to provide industry leaders to focus on the main drivers of their outstanding projects. This study aims to explore and analyze CSFs that can facilitate the success of blockchain-based ITS, which has so far been neglected despite its remarkable relevance. In doing so, eleven primary studies, identified as a result of conducting a systematic literature review (SLR), were taken as a baseline to develop the model of CSFs. Additionally, since the number of existing studies related to CSFs for blockchain and ITS are limited, an expert panel was formed to evaluate and contribute to the model. The developed model of CSF for blockchain-based ITS, having a comprehensive approach, consists of 29 CSFs defined under five main contexts, namely technical, management, governance, quality of service, and quality of life. Doi: 10.28991/esj-2020-SP1-03 Full Text: PDF

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Blockchain critical success factors for sustainable supply chain

Cited by 289 publications

References 31 publications

Blockchain Technology for Sustainable Supply Chain Management: A Systematic Literature Review and a Classification Framework

Blockchain Technology for Sustainable Supply Chain Management: A Systematic Literature Review and a Classification Framework

Evaluation of Waste Electronic Product Trade-in Strategies in Predictive Twin Disassembly Systems in the Era of Blockchain

Exploring Critical Success Factors for Blockchain-based Intelligent Transportation Systems

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