Time to seize the digital evolution: Adoption of blockchain in operations and supply chain management among Malaysian SMEs

Wong, Lai‐Wan; Leong, Lai-Ying; Hew, Jun-Jie; Tan, Garry Wei–Han; Ooi, Keng‐Boon

doi:10.1016/j.ijinfomgt.2019.08.005

Cited by 485 publications

(509 citation statements)

References 93 publications

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“…In 2019, an explosive interest in various topics, such as blockchain-enabled physical distribution and logistics [72], business process management, information sharing, business operations [73], [74], and risk analysis [75], [76], dramatically emerged. Specifically, empirical studies focusing on blockchain acceptance/adoption [77], [78] appeared to further provide evidence for previous technological forecasts, business models, and proto-concepts [79].…”

Section: Analysis Of the Relevance Of The Topics Over Timementioning

confidence: 94%

When Blockchain Meets Supply Chain: A Systematic Literature Review on Current Development and Potential Applications

2020

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This study aims to explore the current status, potential applications, and future directions of blockchain technology in supply chain management. A literature survey, along with an analytical review, of blockchain-based supply chain research was conducted to better understand the trajectory of related research and shed light on the benefits, issues, and challenges in the blockchain-supply-chain paradigm. A selected corpus comprising 106 review articles was analyzed to provide an overview of the use of blockchain and smart contracts in supply chain management. The diverse industrial applications of these technologies in various sectors have increasingly received attention by researchers, engineers, and practitioners. Four major issues: traceability and transparency, stakeholder involvement and collaboration, supply chain integration and digitalization, and common frameworks on blockchain-based platforms, are critical for future orientation. Traditional supply chain activities involve several intermediaries, trust, and performance issues. The potential of blockchain can be leveraged to disrupt supply chain operations for better performance, distributed governance, and process automation. This study contributes to the comprehension of blockchain applications in supply chain management and provides a blueprint for these applications from the perspective of literature analysis. Future efforts regarding technical adoption/diffusion, block-supply chain integration, and their social impacts were highlighted to enrich the research scope. INDEX TERMS Blockchain, digital ledger, distributed ledger technology, logistics, shared ledger, smart contract, supply chain management, systematic literature review, value chain.

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Section: Analysis Of the Relevance Of The Topics Over Timementioning

confidence: 94%

When Blockchain Meets Supply Chain: A Systematic Literature Review on Current Development and Potential Applications

2020

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“…Government can utilize blockchain to facilitate cross organizational partnerships for the development of rural ecosystems. With this revolutionary technology, public as well as rural SMEs can increase the efficiency of their operations by removing unnecessary middlemen ( Prause and Boevsky, 2019 , Wong et al, 2019 ). This potentially has a huge impact on the society and citizens may be well-benefitted.…”

Section: Applications Of Blockchain Technology In Different Sectors Omentioning

confidence: 99%

“… 91 Tönnissen and Teuteberg (2019) The paper develops an explanatory model to explore whether blockchain technology leads to disintermediation and what all-intermediary task can be replaced by Blockchain technology in the logistics industry. 92 Wong et al (2019) It investigates the effect of different factors like complexity, cost, market dynamics, managerial support, relative advantage, competitive pressure and regulatory support on the adoption of blockchain by the SMEs of Malaysia. 93 Xu et al (2019) Here, they show how the blockchain can help electronic products SC for its traceability and security for in forward and return management process.…”

Section: Tablementioning

confidence: 99%

Blockchain technology in supply chain operations: Applications, challenges and research opportunities

Dutta

Choi

Somani

et al. 2020

Transportation Research Part E: Logistics and Transportation Re

948

402

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Highlights Evaluate 178 research articles in the field of blockchain implementation in supply chains. Identify the current trends of research on blockchain in different domains of supply chain operations. Examine various supply chain functions that can be enhanced through blockchain technology. Present strong excerpts of blockchain applications in supply chains across various industrial sectors. Suggest managerial implications, highlight challenges and build a future research agenda.

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“…The rapid internationalization of blockchain start-ups is based on three factors-network effects, solving the chicken-and-egg problem, and building an ecosystem around the evolving technology [52]. The effects of various variables on blockchain adoption for SCM of small and medium enterprises (SMEs) in Malaysia have been investigated [53]. Competitive pressure, complexity, cost, and relative advantage were found to be significant variables.…”

Section: Anti-counterfeitingmentioning

confidence: 99%

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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Time to seize the digital evolution: Adoption of blockchain in operations and supply chain management among Malaysian SMEs

Cited by 485 publications

References 93 publications

When Blockchain Meets Supply Chain: A Systematic Literature Review on Current Development and Potential Applications

When Blockchain Meets Supply Chain: A Systematic Literature Review on Current Development and Potential Applications

Blockchain technology in supply chain operations: Applications, challenges and research opportunities

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

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