Smart Contracts and Blockchain for Supply Chain Quality Management

Giovanni, Pietro De

doi:10.1007/978-3-030-66537-1_5

Cited by 5 publications

(6 citation statements)

References 19 publications

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“…Firms looking at the development of an omnichannel strategy can evaluate the adoption of blockchain to mitigate all SC inefficiencies. The literature has highlighted how blockchain can enhance the economic and operational value of all the activities across the SC (Ksherti, 2018), from manufacturing to warehousing (De Giovanni, 2021), transportation and logistics (van Hoek, 2019) and global sourcing and smart contracts (De Giovanni, 2020). By implementing blockchain technology, all partners involved in the network (e.g.…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

Blockchain, logistics and omnichannel for last mile and performance

Naclerio

Giovanni

2022

IJLM

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PurposeThis research investigates the effects that blockchain exerts on omnichannel solutions and logistics strategies with the aim of solving the last mile issues and improving performance.Design/methodology/approachResearch hypotheses are developed according to the literature review and the related gaps. Then, the hypotheses are tested using structural equation modelling and adopting a partial least squares – path modelling technique on a dataset composed of 157 firms.FindingsBlockchain technology alone is not an effective driver in solving last mile issues and improving performance. Rather, it exerts a positive contribution to both omnichannel and logistics. However, omnichannel is not effective in managing last mile problems and increasing performance without the support of other practices. Firms need to implement a strong logistics system to manage the last mile and get high performance, which can be then reinforced through blockchain and omnichannel solutions.Originality/valueThis research investigates the novel wave of research on blockchain and its impact on logistics management and omnichannel. It combines these ingredients to address the issues of last mile and improve the economic performance. The research provides an empirical verification of a new research stream that currently lacks empirical support.

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Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

Blockchain, logistics and omnichannel for last mile and performance

Naclerio

Giovanni

2022

IJLM

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“…These advantages have been explored by two approaches: theoretical and empirical. Regarding the theoretical approach, De Giovanni (2021) uses a game theory approach to investigate how the blockchain can incentivize firms to pursue a more efficient CLSC process by continuously monitoring the residual value of returns. Hence, he suggests using the blockchain to mitigate distortions linked to the returns' uncertainty surrounding quantity, quality and time.…”

Section: Theoretical Background and Hypotheses Developmentmentioning

confidence: 99%

“…Different from traditional IS (information systems) where the information is centralized, the blockchain ensures that all the SC members and the stakeholders involved in a certain transaction share the same verified information, which is then decentralized (Hackius and Petersen, 2017). By granting SC visibility, the blockchain allows firms to optimize the whole network of relationships behind the SC and work with diffused trust, commitment and transparency; hence, the traditional monitoring mechanisms are not necessarily needed (De Giovanni, 2021). In fact, the firms can use the blockchain to verify and monitor the state of products in each SC tier (Welfare, 2019) and automatically record information by using both the digital technologies and the oracles; those systems allow the smart contracts to be updated accordingly (De Giovanni, 2021) and keep track of SC members' and stakeholders' performance and behaviors (Lakhani and Iansiti, 2017).…”

Section: Theoretical Background and Hypotheses Developmentmentioning

confidence: 99%

“…By granting SC visibility, the blockchain allows firms to optimize the whole network of relationships behind the SC and work with diffused trust, commitment and transparency; hence, the traditional monitoring mechanisms are not necessarily needed (De Giovanni, 2021). In fact, the firms can use the blockchain to verify and monitor the state of products in each SC tier (Welfare, 2019) and automatically record information by using both the digital technologies and the oracles; those systems allow the smart contracts to be updated accordingly (De Giovanni, 2021) and keep track of SC members' and stakeholders' performance and behaviors (Lakhani and Iansiti, 2017). The final consumers can also enjoy the benefits of the blockchain by accessing trustworthy and verified information that enhances the value of the goods purchased (De Giovanni, 2020).…”

Section: Theoretical Background and Hypotheses Developmentmentioning

confidence: 99%

Section: Theoretical Background and Hypotheses Developmentmentioning

confidence: 99%

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Leveraging the circular economy with a closed-loop supply chain and a reverse omnichannel using blockchain technology and incentives

Giovanni

2022

IJOPM

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PurposeThis paper aims to analyze the benefits of the blockchain to the circular economy (CE), which is composed of both closed-loop supply chain (CLSC) systems and reverse omnichannel solutions. By ensuring transparency, traceability, visibility and security, the blockchain allows firms to acquire operational capabilities through a CLSC and service capabilities through a reverse omnichannel, which can boost business performance considerably. The related network of relationships can be reinforced by establishing incentives, which entail both smart contracts in the blockchain and active return approaches in CE.Design/methodology/approachAfter identifying the boundaries of the theoretical framework, several research hypotheses are developed according to the literature review and emerging gaps. These gaps link to the impact of the blockchain on CE systems (CLSC and reverse omnichannel), as well as the influence on business performance. The hypotheses are then tested using structural equation modeling and adopting a partial least squares-path modeling technique on a dataset composed of 157 firms. Finally, multigroup analysis is used to test the impact of incentives on the research hypotheses.FindingsThe blockchain facilitates a more efficient CE system, although reverse omnichannel solutions seldom bring any benefits to performance. The shift from a passive to an active return approach must be carefully evaluated. The CLSC network can benefit from an active return approach by developing appealing incentives for collectors and enhancing the positive effects of the blockchain. In contrast, consumer incentives can have detrimental effects on the blockchain. Various combinations of incentives can only bring a few business performance increases, while collector incentives are vital to reinforce the CE system's operational and service capabilities.Originality/valueThis paper takes a new approach toward the study of CE, which considers a dual circular system composed of a CLSC and a reverse omnichannel. The research explores whether the adoption of blockchain technology enables better return processes by improving the operations in CLSC and services in reverse omnichannel. Finally, this is the first empirical work to evaluate the benefits emerging from incentives, which can activate smart contracts in the blockchain and enable active return approaches in CE.

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Prototype Traceability Blockchain for Security-Regulated Industries

Feng,

Shen,

et al. 2023

2023 15th International Conference on Communication Software and Networks (ICCSN)

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Smart Contracts and Blockchain for Supply Chain Quality Management

Cited by 5 publications

References 19 publications

Blockchain, logistics and omnichannel for last mile and performance

Blockchain, logistics and omnichannel for last mile and performance

Leveraging the circular economy with a closed-loop supply chain and a reverse omnichannel using blockchain technology and incentives

Prototype Traceability Blockchain for Security-Regulated Industries

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