Potentials of blockchain technologies for supply chain collaboration: a conceptual framework
The International Journal of Logistics Management
ISSN: 0957-4093
Article publication date: 15 February 2021
Issue publication date: 22 July 2021
Abstract
Purpose
The purpose of this study is to investigate the potentials of blockchain technologies (BC) for supply chain collaboration (SCC).
Design/methodology/approach
Building on a narrative literature review and analysis of seminal SCC research, BC characteristics are integrated into a conceptual framework consisting of seven key dimensions: information sharing, resource sharing, decision synchronization, goal congruence, incentive alignment, collaborative communication and joint knowledge creation. The relevance of each category is briefly assessed.
Findings
BC technologies can impact collaboration between transaction partners in modern supply chains (SCs) by streamlining information sharing processes, by supporting decision and reward models and by strengthening communicative relationships with SC partners. BC promises important future capabilities in SCs by facilitating auditability, improving accountability, enhancing data and information transparency and improving trust in B2B relationships. The technology also promises to strengthen collaboration and to overcome vulnerabilities related to moral hazard and shortcomings found in legacy technologies.
Research limitations/implications
The paper is mainly focused on the potentials of BC technologies on SCC as envisioned in the current academic literature. Hence, there is a need to validate the theoretical inferences with other approaches such as expert interviews and empirical tests. This study is of use to practitioners and decision-makers seeking to engage in BC-collaborative SC models.
Originality/value
The value of this paper lies in its call for an increased focus on the possibilities of BC technologies to support SCC. This study also contributes to the literature by filling the knowledge gap of how BC potentially impacts SC management.
Keywords
Acknowledgements
Steven J. Simske’s work on this was partially supported by NSF EAGER grant with the abstract number 1842577, Advanced Analytics, Intelligence and Processes for Disrupting Operations of Illicit Supply Networks.
Citation
Rejeb, A., Keogh, J.G., Simske, S.J., Stafford, T. and Treiblmaier, H. (2021), "Potentials of blockchain technologies for supply chain collaboration: a conceptual framework", The International Journal of Logistics Management, Vol. 32 No. 3, pp. 973-994. https://doi.org/10.1108/IJLM-02-2020-0098
Publisher
:Emerald Publishing Limited
Copyright © 2021, Emerald Publishing Limited