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Blockchain Driven Supply Chain Management: A Multi-dimensional Perspective

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The book aims to present a multi-dimensional view on the blockchain-driven supply chain management and its linkage with open innovation, digital technologies, supply chain sustainability, mapping, visibility, and resilience. It offers topic from three important themes: first, what is the architecture and design of BCSCM and how does it differ from the conventional supply chains; second, performance impacts of BCSCM; and third, implementation challenges and role of leadership. Hence, the book provides a diverse perspective on the understanding, architecture, impacts, and implementation of blockchain-driven supply chain management. It shows the importance of blockchain-driven supply chain management for contemporary organizations: how it contributes to supply chain traceability, resilience, and sustainability.

The book also demonstrates as to how adoption of blockchain-driven supply chain management requires to consider intangible forms of intellectual capital (human, processes, and relationships), which is different from more traditional forms. This is a book for supply chain management practitioners, researchers, and academician who want to understand the role of blockchain in supply chain, for supply chain managers who want to be at the cutting edge by adopting the BCSCM, for those early in their careers who seek a challenging new path, and for the top-level managers of the world who have their eye on the future.

Author(s): Muhammad Shujaat Mubarik, Muhammad Shahbaz
Series: Management for Professionals
Publisher: Springer
Year: 2023

Language: English
Pages: 303
City: Singapore

Preface
Acknowledgment
Introduction
Contents
About the Authors
Abbreviations
Blockchain-Enabled Smart Contract Architecture in Supply Chain Design
1 Introduction
2 Blockchain Technology in Smart Contract and Supply Chains
3 Blockchain-Enabled Smart Contracts in Supply Chain Design
4 Mapping of the Smart Contractual Processes Architecture
5 Concluding Remarks
6 Implications and Future Research Directions
7 Limitations
References
Supply Chain Collaboration in the Era of Blockchain Technologies
1 Introduction
2 Background
3 BCT in SCM: Literature Review
4 What Is Lacking?
5 Interplay of Supply Chain Collaboration and Blockchain Technologies
6 Interorganizational Systems Capability and the BCT
7 Organizational Commitment and BCT
8 Joint Dependence and BCT
9 Collaborative Culture and BCT
10 Trust and BCT
11 Proximity and BCT
12 Summary and Conclusion
13 Conclusions
14 Managerial Implications and Way Forward
References
Developing Resilient Supply Chain Networks through Blockchain Technology: Strategies and Implications
1 Introduction
2 Supply Chain Resilience
2.1 Dimensions of SCR
2.1.1 Readiness
2.1.2 Responsiveness
2.1.3 Recovery
3 Block Chain Driven Supply Chain Management
3.1 Blockchain Technology in Supply Chain
3.2 Block Chain-Based Supply Chain Vs Traditional (Technology) in Supply Chain
4 Block Chain Driven Supply Chain and SC Resilience
5 Concluding Remarks
References
Further Reading
Relationship and Impact of Block Chain Technology and Supply Chain Management on Inventory Management
1 Introduction
2 Blockchain Technology
2.1 As each Transaction Occurs, it Is Recorded as a ``Block´´ of Data
2.2 Each Block Is Connected to the Ones before and after it
2.3 Transactions Are Blocked Together in an Irreversible Chain: A Blockchain
2.4 Importance of Blockchain Management
2.5 Key Elements of a Blockchain
2.5.1 Distributed Ledger Technology
2.5.2 Immutable Records
2.5.3 Smart Contracts
2.6 Types of Blockchain
2.6.1 Public Blockchain
2.6.2 Private (or Managed) Blockchain
2.6.3 Consortium Blockchain
2.6.4 Hybrid Blockchain
2.7 Benefits of Blockchain
2.7.1 Greater Trust
2.7.2 Greater Security
2.7.3 More Efficiencies
3 Supply Chain Management
3.1 Importance of Supply Chain Management
3.2 Types of Supply Chain Management (SCM) Systems
3.2.1 Supply Chain Planning Systems
3.2.2 Supply Chain Execution Systems
3.3 Drivers of Supply Chain Management
3.3.1 Planning
3.3.2 Information
3.3.3 Source
3.3.4 Inventory
3.3.5 Production
3.3.6 Location
3.3.7 Transportation
3.3.8 Return of Goods
3.4 Benefits of Supply Chain Management
3.5 Blockchain Technology in Supply Chain Management
3.6 The Impact of Supply Chain Management on Inventory Management
3.6.1 Decreases Purchasing Cost
3.6.2 Decreases Production Cost
3.6.3 Decreases Total Supply Chain Cost
4 Blockchain Technology and Inventory Management
4.1 Role of Blockchain Technology in Different Aspects of Inventory Management
4.1.1 Blockchain in Inventory Management
4.1.2 Blockchain in Inventory Costing
4.1.3 Blockchain in Warehouse Inventory Management
4.1.4 Blockchain in Inventory Accounting
4.2 How Manufacturers Can Use Blockchain for Inventory Management
4.3 Proactive Inventory Management with Blockchain
4.4 Blockchain Basics for Inventory Management, Logistics and Warehousing
4.5 Blockchain Benefits for Inventory Logistics and Warehousing Management
4.5.1 Lack of Visibility
4.5.2 Paper-Based Systems
4.5.3 Blockchain Benefits for Warehousing
4.5.4 Moving beyond Reactive Inventory Management
4.5.5 Minimizing Manual Processes
4.5.6 Smart Contract Solutions
4.5.7 Blockchain for Digital Inventory Logistics and Smart Warehouses
5 Recent Developments and Future Outlook
5.1 Current Limitations Faced in Inventory Management
5.2 Concluding Remarks
References
Road and Destiny Are Not Same: Leading to and Leading in Blockchain Driven Supply Chain
1 Introduction
2 Blockchain: An Overview
3 Applications of Blockchain
4 Is Leadership Still Relevant in the World Run through Blockchain Technology?
4.1 Leadership for Promoting and Facilitating Blockchain Technology
4.2 Leadership Once Blockchain Is Adopted
5 Implications and Concluding Remarks
References
Role of Leadership for Blockchain-Driven Supply Chain Management
1 Introduction
2 The Ideology of Blockchain-Driven Supply Chain Management
3 Leadership Role for Blockchain-Driven Supply Chain Management
3.1 Procedural Stipulation
3.1.1 Blockchain Supply Chain Induction
3.1.2 Demand Supply System Alliance
3.2 Prioritize Objectives
3.2.1 Promoting Blockchain Utility and Viability in the Supply Chain
3.3 Idea Formulations
3.3.1 Select the most Suitable Blockchain Partners
3.3.2 Determine the Best Applications for Blockchain Technology
3.4 Protagonist Execution
3.4.1 Make Concentrated Efforts to Achieve Data Interoperability
3.5 Protagonist Assessment
3.5.1 Be Aware of the blockchain´s Volatility
4 Blockchain-Driven Supply Chain Management in Contemporary Organizations
4.1 Distribution
4.2 Stability
4.3 Technological Benefits
4.4 Advanced Transparency
4.5 The Next Generation
5 Blockchain-Driven Supply Chain Management Challenges
5.1 Lack of Adoption
5.2 Skills Gap
5.3 Trust among Users
5.4 Financial Resources
6 Blockchain-Driven Supply Chain Management Interoperability
7 Conclusion
References
Tractability, the Mantra of Block Chain Technology in the Food Supply Chain
1 Introduction
2 Why Traceability? Global Cases
2.1 Case 1: Horse Meat
2.2 Case 2: Donkey Meat
2.3 Case 3: Dead Chicken
2.4 Case 4: Contaminated Milk
2.5 Case 5: Counterfeit Vine
3 Who Suffers?
4 Issues in Existing Technology Based Solutions
4.1 Bar Code
4.2 QR Codes
4.3 Radio Frequency Identification (RFID)
4.4 DNA-Based Traceability
4.5 Certification
4.6 Specialized Certification Bodies (Halal Certifications)
5 Blockchain-What and Why
5.1 Blockchain -Optimal Possible Solution
5.2 Traceability in Blockchain
5.3 Mechanism of Traceability in Blockchain
5.4 The Reluctance of Organizations to Implement Blockchain
5.5 Levels/Dimensions of Traceability
5.6 Implementation Challenges
5.7 Blockchain and Food Supply in the Face of the Pandemic
6 Theoretical Underpinning
6.1 Role of Information Theory in Blockchain
7 Future of the Blockchain
8 Proposed RF Food Supply Chain Traceability Model
9 Conclusion
10 Concluding Remarks
References
Capability Framework to Support Supply Chain Open Innovation Networks
1 Introduction
2 Supply Chain Open Innovation Networks (SCOINET)
2.1 Functions of SCOINET
3 Capabilities for SCOINET
3.1 Technological Capacity
3.2 Technological Orientation
3.3 Digital Trust
3.4 Relational Capital
3.5 Conceptual Framework
4 Research Methodology
5 Findings
5.1 Analytical Hierarchical Process (AHP)
5.2 Interpretive Structural Modelling (ISM)
6 Implications and Concluding Remarks
References
Blockchain-Driven Supply Chain Management and Open Innovation
1 Introduction
1.1 Open Innovation and Supply Chain Management
1.2 Blockchain Architecture
2 Application of Blockchain in Supply Chain Management
2.1 Application of Blockchain-Driven Supply Chain Management (BCSCM): An Inference on Open Innovation
3 Conclusion
References
Blockchain Supply Chain Management and Supply Chain Sustainability
1 Introduction
1.1 Emergence and Growth of Blockchain Technology
1.2 Present Scenario of Blockchain Technology Implementation in Supply Chains
2 Definitions of Blockchain-Driven Supply Chains
3 Types of Blockchain
3.1 Public Blockchains
3.2 Private Blockchains
3.3 Hybrid Blockchains
4 Blockchain-Driven Supply Chain Management
4.1 Decentralization
4.2 Traceability/Visibility
4.3 Reliability and Security
4.4 Synchronized Transactions
4.5 Smart Contracts
4.6 Cost Efficiency
5 Supply Chain Sustainability
Case Study-1
5.1 Blockchain-Driven Supply Chains and Environmental Sustainability
5.2 Blockchain Driven Supply Chains and Social Sustainability
5.3 Blockchain-Driven Supply Chains and Economic Sustainability
Case Study-2 Building on Success
6 Barriers to Implementing Blockchain Technology in Sustainable Supply Chains
6.1 Intra-Organizational Barriers
6.2 Inter-Organizational Barriers
6.3 System Oriented Barriers
6.4 External Barriers
7 Implications
8 Concluding Remarks
References
Role of Blockchain Technology Adoption between Sustainability Related Supply Chain Risks and Triple Bottom Line Performance
1 Introduction
2 Blockchain Technology
3 Blockchain Based Sustainable Supply Chain
4 Traditional Supply Chain Risks Vs. Sustainability Related Supply Chain Risks
5 Triple Bottom Line Performance
6 Proposed Framework and Relationships
6.1 Blockchain Technology and Triple Bottom Line Performance
6.2 Blockchain and Sustainability Related Supply Chain Risks
6.3 Sustainability Related Supply Chain Risks and Triple Bottom Line Performance
7 Concluding Remarks
References
Role of Intellectual Capital in Implementing Blockchain Technology-Driven Sustainable Supply Chain: A Proposed Framework
1 Introduction
2 Intellectual Capital
3 Blockchain Technology
4 Sustainable Supply Chain
5 IC and Sustainable Supply Chain
6 Blockchain and Sustainable Supply Chain
7 Intellectual Capital and Blockchain Technology: A Conceptual Framework
7.1 Human Capital
7.2 Role of Relational Capital
7.3 Role of Structural Capital
8 Concluding Remarks
References
Blockchain Driven Supply Chain and Industry 4.0 Technologies
1 Introduction
2 Evolution of Industry 4.0
2.1 The Industrial Revolution
3 Industry 4.0 Technologies and Their Role in BSCM
3.1 Internet of Things (IoTs)
3.1.1 Product Sourcing
3.1.2 Smart Contracts
3.1.3 Inventory Management
3.2 Artificial Intelligence (AI)
3.3 Advanced Robotics
3.4 Additive Manufacturing
3.5 Cloud Computing
3.6 Big Data Analytics
3.7 Augmented Reality (AR) and Virtual Reality (VR)
4 Bscm and I4.0 Technologies: Threats and Challenges
4.1 The Quantum Computer
5 Concluding Remarks
References
Blockchain Driven Supply Chain Management and Supply Chain Resilience: Role of Intellectual Capital
1 Introduction
2 Literature Review
2.1 Intellectual Capital
2.2 Block Chain Technology
2.3 Blockchain-Based-Supply Chain
2.4 Supply Chain Resilience
3 Developing a Block Chain Driven Resilient Supply Chain Framework
3.1 Role of IC in Developing a Blockchain-Driven Resilient Supply Chain (BCDRSC)
3.1.1 Effect of Human Capital
3.1.2 Effect of Relational Capital
3.1.3 Effect of Structural Capital
4 Concluding Remarks
References
Implications of the Blockchain-Driven Supply Chains for Marketers: A Review and Guiding Insights
1 Introduction
2 Key Facets of Blockchain Technology
3 Blockchain-Driven Supply Chain
4 Applications of Blockchain-Driven Supply and Blockchain Technology in Marketing
5 Conclusion
6 Limitations and Future Research Directions
References
Blockchain Based Digital Economy and Industry 4.0
1 Introduction
2 Knowledge Economy and Digital Transformation
2.1 Knowledge Economy
2.2 Digital Transformation in Economy
3 Block Chain Technology and Its Effects on Transforming the Economy
3.1 Decentralized Finance (DE-FI)
3.2 Metaverse
4 Industry 4.0
5 Discussion and Conclusion
References