Drivers of Sustainable Supply Chain Management Using Internet of Things-Based Blockchain Technology

Abstract

Information technologies are transforming conventional supply chain management (SCM) business practices and positively influencing sustainability. In particular, blockchain technology and the internet of things (IoT) are two important examples that play a significant role in sustainable supply chain management (SSCM). This chapter reviewed the impact of these technologies on SSCM separately and with their combination of forward and reversed supply chains. Academics and practitioners have studied the effects of these technologies on sustainability separately earlier, but integrating these technologies can lead to different insights and disclose several opportunities. Besides, the chapter highlights essential factors in developing blockchain and IoT to know the modern trends for industry automation, challenges, and future research opportunities on supply chain sustainability. Finally, the chapter presents an IoT-based service-oriented blockchain architecture for supply chain information systems that manifest the information-driven sustainability of the supply chain operation.