Abstract Modular integrated construction (MiC) becomes a promising solution to improve production efficiency in the construction industry. However, the offâsite production and onâsite installation processes of MiC pose challenges to collaboration efficiency among the multiple stakeholders involved, including subcontractors, contractors, and consumers. These challenges stem from information dispersion, which impedes effective collaboration and communication. Such problems can be solved by introducing a blockchainâbased cyberâphysical service platform, which can facilitate information sharing and collaboration across the supply chain. In this paper, we study the impacts of MiC and blockchain technology on construction supply chains and reveal several important insights. First, we find that there exists a firstâmover advantage in the traditional construction supply chain, where subcontractors engage in a sequential game, and the subcontractor who produces first obtains more profit than the counterparts. Moreover, the contractor's ability to increase profits by reducing the unit cost of construction time is limited, but it can improve the effectiveness of the time gap due to early delivery. Second, we show that MiC should not be introduced if it significantly reduces collaboration efficiency in the supply chain. Interestingly, increasing the unit cost of construction for subcontractors can actually result in greater profits for all members of the supply chain. Regarding adopting blockchain technology, our findings suggest that supply chain members generally hold similar attitudes. Specifically, when the value of blockchain in improving collaboration efficiency is below a certain threshold, its adoption may not be beneficial, despite its potential to enable rapid production and early delivery.
In the construction industry context, misalignments in the supply chain pose significant challenges, hindering successful project delivery. To address these issues, blockchain technology emerges as a promising IT-based solution for achieving supply chain alignment. A conceptual model is developed based on the service-dominant logic theory that explores the impact of blockchain on supply chain alignment and co-created value outcomes within the Business-to-Business (B2B) construction context. Through a questionnaire-based approach, data were collected from 324 respondents in the global construction industry, which was then analyzed using descriptive and inferential statistics. The findings demonstrate the positive impact of implementing blockchain technology on competency, behavioural, process, and expectations alignment among supply chain partners. These improvements in alignment collectively contribute to the realization of supply chain value outcomes. These results emphasize the importance of a comprehensive approach combining technology with alignment efforts to realize blockchain-enabled value co-creation in construction supply chain management.
Xiaole Chen, Vernon Ning Hsu, Guoming Lai, Yang Li
Companies have increasingly used supply chain financing instead of bank financing when engaging with financially constrained suppliers. We investigate the effectiveness of different financing mechanisms at supporting supply chain responsibility. We consider a decentralized supply chain where a buyer sources from a financially constrained supplier who borrows from either a bank or the buyer to finance his production. The buyer audits the supplier for responsibility compliance and will refuse to accept and pay for the order if the supplier fails the audit. We find that under conventional bank financing, the bank is concerned with the supplier's audit failure and will raise the interest rate. This not only hinders the supplier's compliance effort but also hurts the profitability of every stakeholder. In contrast, under buyer financing, the buyer may offer the supplier a low interest rate to motivate him to be more compliant when the supplier's collateral is of low value. However, if the supplier's collateral is of high value, the buyer may be tempted to set a high interest rate to exploit the supplierâleading to a reduction in supplier's compliance and supply chain profitability. Thus, we conclude that buyer (bank) financing is more preferable for encouraging responsibility when the supplier has low (high) collateral. Our findings suggest that buyer financing may not always be an effective approach for encouraging supply chain responsibility. As such, we propose an alternative mechanism under which the buyer offers a reward to the supplier if he passes the audit while the supplier continues to borrow from a bank. We prove that this combination of bank financing and buyer reward always improves the compliance level and in most cases increases the total supply chain profit. It is even more effective than buyer financing in encouraging responsibility especially when the supplier's collateral is of low value.
Abstract The emerging blockchainâsupported platforms (BSPs) become prevalent with higher product quality and guaranteed authenticity, making the competition between BSP and traditional sales channels (TSC) gain attention. To explore the optimal operation strategies for retailers in TSC and BSP, we develop the vertically differentiated model to describe the channel competition and derive optimal decisions for two retailers. Then, the BSP's comparative advantage and the value of blockchain technology are analyzed. Next, we examine how blockchain quality disclosure and network externalities affect channel competition, as well as the impact of government policies. We find that (i) a higher quality improvement in BSP will simultaneously increase both retail prices and retailersâ profit under some circumstances. Meanwhile, the counterfeit sold in the TSC and channel switching hassle in the BSP make retailersâ products less competitive and reduce profits, respectively. (ii) Being a BSP retailer is not necessarily better, as blockchain's effect on product quality and consumer experience determines market share and profitability. Whether consumers can benefit from blockchain depends on the basic value of the BSP product and the aggregate level of consumer utility from the BSP. (iii) Blockchainâbased quality disclosures and network externalities might not always benefit BSPs, they could increase BSP retailersâ costs or increase competition in the market. (iv) The strict supervision policy reduces the TSC retailer's profit and product quality. Meanwhile, the technology subsidy policy contributes to the development of the BSP, but the BSP retailer needs to be wary of uncontrolled price increases due to policy spillover effects.
Md Al Amin, Dewan Hafiz Nabil, Roberto Baldacci, Md. Habibur Rahman
This study investigates the challenges in implementing blockchain technology (BT) in sustainable supply chain management (SSC). The study thoroughly analyzes the literature and expert opinions on BT, SCM, and sustainability. A total of 24 barriers are identified, categorized into the Internet of Things, strategic, supply chain, legislation, and external factors. The findings are evaluated using the Integrated Fuzzy TOPSISâISM tool. The results indicate that barriers related to the supply chain have the most significant impact on the adoption of BT in SSC. The study also reveals the interrelation among sub-barriers within the supply chain, providing valuable insights to improve adoption. Finally, a strategic action plan based on a fishbone diagram is provided to reduce the effects of supply chain barriers. This study provides a theoretical foundation for using BT to achieve long-term supply chain goals.
The increasing demand for sustainable and ethically sourced food products has highlighted the importance of effective sustainability communication within the food supply chain. Existing sustainability communication approaches encounter limitations such as a lack of standardised frameworks, information overload, greenwashing, and an absence of transparent reporting. These challenges hinder their effectiveness and reliability in communicating sustainability efforts and commitments to businesses and consumers in a food chain. Blockchain technology, with its transparent, traceable, verifiable, and immutable features, offers a promising solution to address these limitations and facilitate effective sustainability communication. This paper explores the benefits of applying blockchain traceability to enhance sustainability communication in food supply chains. Using the system architecture approach, this paper proposes a high-level architectural framework, which can navigate the design and development of a blockchain-enabled solution for food sustainability communication. To assist with the translation of the architectural framework into a tailored solution, this paper further presents an action design pathway and discusses the design considerations around organisation, technology, governance, cost, and the user interface. The discussions and insights offered by this study can guide system developers and business analysts in the design and development of industry-oriented solutions, helping them make informed decisions before and during the design process. This paper contributes to advancing and expanding blockchain applications with a particular focus on sustainability communication in food supply chains.
Purpose This study aims to empirically examine how blockchain, one of the emerging Industry 4.0 technologies, can combat climate change by improving their green innovation performance, particularly under conditions of policy uncertainty. Design/methodology/approach This study utilizes the difference-in-difference-in-difference (DDD) method to explore the effect of blockchain on enterprises' green innovation performance. The analysis is based on data from Chinese-listed enterprises spanning the period from 2013 to 2021. Findings First, the adoption of blockchain in enterprises registered in areas designated as low-carbon pilot cities can significantly improve their green innovation performance. Second, the enhancement of green innovation efficiency emerges as the primary driving force behind the adoption of blockchain, thereby leading to improved green innovation performance. Lastly, it is observed that blockchain adoption has a greater positive impact on improving green efficiency in private enterprises compared to state-owned enterprises in China. Practical implications For managers, the findings can provide valuable insights to help them better prepare for the challenges and opportunities presented by the era of Industry 4.0. For policymakers, this study offers valuable insights into the interaction between new technologies in Industry 4.0 and the performance of green innovation, thereby aiding in the formulation of effective policies. Originality/value This study contributes to bridging the existing gap between the adoption of new technologies, such as blockchain, and their potential impact on climate change. Moreover, this research enriches practitioners' understanding of how new technologies in the era of Industry 4.0 can be applied to address significant challenges like climate change.
Abstract This paper seeks to examine the influence of sustainable supply chain strategy (SSCS) on sustainable competitive advantage (SCA) by considering the mediating role of blockchain technology (BCT) adoption and the moderating role of Digital Transformation (DT) and sustainable supply chain practices (SSCP). Drawing upon the resource-based view theory, we empirically tested our model using a sample of 331 hotel and resort managers, and a quantitative approach was used. The results revealed that BCT adoption mediates the relationship between SSCS and SCA. They further explain that DT significantly moderates the relationship between the SSCS and BCT adoption, whereas SSCP significantly moderates the relationship between the BCT adoption and SCA. All research objectives are successfully obtained. As a result, firms must not only adopt sustainable strategies, but also adopt advanced technologies and transformative practices in order to maintain a competitive advantage in todayâs dynamic market landscape. The findings of this study hold significant implications for both theory and practice, providing strategic insights for organizations seeking to improve their competitive positioning by embracing sustainable strategies and technologies.
Abstract Increasing complexity and the involvement of additional stakeholders make it impossible to predict the impact of each decision, which puts supply chain managers in uncertain situations. However, a supply chain that can adapt and react to the current scenario gives them some control over these ambiguous circumstances. These characteristics of sensing disturbances or threats and giving appropriate responses can be improved with the implementation of blockchainâenabled technologies and can prove critical to the success of supply chain resilience and sustainability. This study has identified 21 blockchain technologyâenabled critical success factors for supply chain resilience and sustainability and grey theory is used to address the limitation of data availability. This study incorporates the combination of the GreyâDEMATEL (Decision Making Trial and Evaluation Laboratory) method to investigate the impact of critical success factors and to obtain the cause/effect relationship. Sensitivity analysis is performed to assess the robustness of obtained results. The findings indicate that internal integration is the most crucial causal factor, as it initiates the effects of many other critical success factors. Whereas Standardized Data Management, followed by Smart Ordering tops the effect group. As blockchain technology is still in its early stages of development, this study will encourage researchers and industry practitioners to strive for greater efficiency and effectiveness in their supply chain practices and to enhance the resilience and sustainability of their supply chains.
Jawad Abbas, Joanna KurowskaâPysz, Ĺerife Zihni EyĂźpoÄlu, Wei Liu
Geological JournalVolume 58, Issue 9 p. 3247-3249 SPECIAL ISSUE ARTICLE Nexus of geoenvironment, resource management and regional sustainable development: Introduction Jawad Abbas, Corresponding Author Jawad Abbas [email protected] Faculty of Management Sciences, University of Central Punjab, Lahore, Pakistan Correspondence Jawad Abbas, Faculty of Management Sciences, University of Central Punjab, Pakistan. Email: [email protected]Search for more papers by this authorJoanna Kurowska-Pysz, Joanna Kurowska-Pysz Department of Management, WSB University, DÄ browa GĂłrnicza, PolandSearch for more papers by this authorSerife Zihni Eyupoglu, Serife Zihni Eyupoglu Faculty of Economics and Administrative Sciences, Near East University, Nicosia, TRNC, TurkeySearch for more papers by this authorWei Liu, Wei Liu College of Business Administration, Qingdao University, Qingdao, ChinaSearch for more papers by this author Jawad Abbas, Corresponding Author Jawad Abbas [email protected] Faculty of Management Sciences, University of Central Punjab, Lahore, Pakistan Correspondence Jawad Abbas, Faculty of Management Sciences, University of Central Punjab, Pakistan. Email: [email protected]Search for more papers by this authorJoanna Kurowska-Pysz, Joanna Kurowska-Pysz Department of Management, WSB University, DÄ browa GĂłrnicza, PolandSearch for more papers by this authorSerife Zihni Eyupoglu, Serife Zihni Eyupoglu Faculty of Economics and Administrative Sciences, Near East University, Nicosia, TRNC, TurkeySearch for more papers by this authorWei Liu, Wei Liu College of Business Administration, Qingdao University, Qingdao, ChinaSearch for more papers by this author First published: 03 September 2023 https://doi.org/10.1002/gj.4852 Handling Editor: Ian Somerville Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onEmailFacebookTwitterLinkedInRedditWechat No abstract is available for this article. REFERENCES An, L., Jiang, X., Liu, Z., & Li, Q. (2023). Socio-economic impact of natural resource management: How environmental degradation affects the quality of life. Geological Journal, 58(9), 3310â3325. https://doi.org/10.1002/gj.4787 Belgacem, S. B., Adam, N. A., Khatoon, G., & Pawar, P. S. (2023). Do green finance, low-carbon energy transition, and economic growth help in environmental investment?: Empirical evidence from emerging economies in Asia. Geological Journal, 58(9), 3259â3267. https://doi.org/10.1002/gj.4712 Chakrabortty, R., & Pal, S. C. (2023). Systematic review on gully erosion measurement, modelling and management: Mitigation alternatives and policy recommendations. Geological Journal, 58(9), 3544â3576. https://doi.org/10.1002/gj.4709 Chowdhuri, I., Pal, S. C., Roy, P., Chakrabortty, R., Saha, A., & Shit, M. (2023). 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Nexus of financial decentralization and institutional resource consumption efficiency for a carbon neutral society: Policy implication of China. Geological Journal, 58(9), 3326â3338. https://doi.org/10.1002/gj.4782 Volume58, Issue9Special Issue: Nexus of Geoenvironment, Resource Management, and Regional Sustainable DevelopmentSeptember 2023Pages 3247-3249 ReferencesRelatedInformation
As a result of the increasing scrutiny of fresh products, greengrocers are now forced to concern themselves with the deterioration of their productsâ freshness and employ blockchain technology as a tracing system. However, in the logistics system, the third-party logistics service provider (LSP) is motivated to be overconfident in order to extract extra profits, thus intensifying the dilemma faced by the fresh agricultural product industry. This paper focuses on the association between blockchain technology and overconfidence, in which the third-party LSP is supposed to overestimate the effect of the retailerâs freshness keeping measures. Differing from the previous literature, we analyze a situation wherein blockchain technology is adopted with explicit execution. Based on the optimal control model, we obtained three main conclusions: First, the overconfidence of a third-party LSP does not damage the logistics system but changes the freshness-keeping strategy of the retailer. Second, interestingly, although blockchain technology performs effectively when it is adopted as an initially established system with a freshness keeping strategy, it is not always a wise decision for managers to adopt a blockchain, especially when adopting it as a countermeasure for overconfidence. Third, we found that blockchain technology has a greater effect on freshness-keeping than overconfidence. Thus, in the fresh agricultural product industry, managers should adopt blockchain technology before overconfidence occurs and pay more attention to exogenous prices and freight to decide whether to adopt blockchain technology.
Rahim Zahedi, Alireza Aslani, Mohammad Ali Nasle Seraji
An unprecedented emergence has occurred for the cryptocurrencies among enterprises, customers, and investors as a result of the growing number of internet connections worldwide. The most popular cryptocurrency is Bitcoin representing the rise of digital payment systems. Though, harsh criticism has been also created for cryptocurrencies about their environmental sustainability and power consumption, decelerating the acceptance of bitcoin by consumer as a means of payment. The ecological impact or footprint of a process is determined mainly through life-cycle-assessment (LCA) quantifying all material flowsâ inputs and outputs for a process or product and their effect on the environment. This study provides LCA-based framework to show the environmental impacts of Bitcoin mining from top ten miner countries (China, USA, Kazakhstan, Russia, Iran, Malaysia, Canada, Germany, Ireland, Norway). The results show that with the share of 53.3% of the worldâs mining, China has the most negative environmental impact specially in marine ecotoxicity with 26.8 kg 1,4-DCB and human health with 0.0043 DALY but with the equal mining ratio Germany and Kazakhstan have the most negative environmental impacts.
James C. Brau, John W. Gardner, Hugo A. DeCampos, Krista Gardner
Purpose Blockchain technology offers numerous venues for supply chain applications and research. However, the connections between specific blockchain features and future applications have been unclear to date in its evolution. The purpose of this study is to fill this void. Design/methodology/approach The authors advance the understanding of blockchain in supply chain management by providing a new research framework built on unique blockchain features as applied across core supply chain functions. Findings This studyâs framework is a feature-function matrix that integrates four overarching supply chain functions (i.e. supplier management, logistics, production processes and customer management) with nine blockchain features (i.e. traceability/provenance, accessibility, visibility, immutability, distributed/shared ledger, validity, peer-to-peer transacting, pseudonymity and programmability). This studyâs feature-function framework is supported by a structured, systematic review of reviews using PRISMA methods. The authors use the framework to present a future blockchain research agenda in supply chain management. Originality/value The authors provide a new blockchain feature/supply chain function framework and provide a structured path for future research.
Sang-Hoon Shin, Yingli Wang, Stephen Pettit, Wessam Abouarghoub
This research aims to establish the link between blockchain technology adoption in the maritime and shipping industry and its impact on maritime supply chain integration via a systematic review of both the academic and practice literature. In total 148 articles were identified and analysed. Blockchain applications identified from the literature are categorized into three domains: document management, transaction management, and cargo/vessel/terminal operations. An analysis of the benefits and challenges that influence the deployment of blockchain technology for maritime supply chain integration leads to the development of an integrated and extended Technology, Organization, and Environment (TOE) framework. This study is among the first to examine the current state of blockchain diffusion within the maritime supply chain, making a significant contribution to the field. The extended TOE framework offers guidance for future research and understanding of the relationship between blockchain adoption and maritime supply chain integration. It can be used to assist organisations in successfully adopting blockchain technology in their supply chain operations.
Purpose The desire of international retail brands to implement sustainable supply chain practices in the fashion value chain and improve suppliers' sustainability efforts; this research paper elucidates the relationship between blockchain technology and sustainability to impact apparel firms' triple bottom line. Design/methodology/approach For studying the impact of sustainable supply chain practices on the triple bottom line, a survey questionnaire was chosen and sent out to 500 garment companies simultaneously, of which 371 responded. The data collected is cross-sectional. The questionnaire survey was developed keeping in mind a few demographic elements such as experience, age and qualification to generalize the findings. For analysis, SmartPLS is used to run model structuring and regression analysis. Findings Test runs on model structure confirm the instrument's validity and reliability. Bootstrapping on the theoretical model to test developed hypotheses suggests that supply chain sustainability practices positively affect social, environmental and economic performance in a direct relationship. Further, indirect relation testing conducted to test blockchain technology's moderation influences only the constructs' relations. Research limitations/implications The clubbing of sustainable supply chain practices and blockchain technology is a novel idea in the apparel industry; however, there are more constructs in the context of practice-based theory and supply chain which impact firm performance. Also, the research limits itself from discussing IT infrastructure and smart contract types that impact the technology's performance. Practical implications The study provides a framework for interpreting the synergetic influence of SSCP on firm social, environmental and economic performances, which is demanded both by consumers and regulators in an industry. The results suggest that managers sustainably design the production ecosystem, thus eliminating any discrepancy or slackness in the complete chain. Usually, suppliers are ignored, which are precursors in implementing SSCP. Originality/value The paper studies sustainability problems through ecological modernization theory and practical-based theory giving a unique perspective on the issue faced by the apparel industry and combining sustainable supply chain practices and blockchain.
Zhu-Jun Wang, ZhenâSong Chen, Lu Xiao, Qin Su ¡ 6 authors
Industry 5.0 has introduced a novel interpretation of sustainable supply chains (SSCs) that emphasizes the importance of building a transparent and trustworthy network that can be continuously monitored and controlled through stakeholder collaboration as well as the use of advanced, intelligent machinery. The ultimate goal of SSCs is to meet specific economic, social, and environmental standards. The implementation of blockchain technology can significantly improve the reliability, efficiency, and security of the information exchanged among stakeholders in SSCs. However, these stakeholders inevitably possess varying informational advantages and exhibit divergent perspectives regarding the adoption of blockchain technology. This paper thus aims to examine the impediments to the adoption of blockchain technology in the context of SSCs with the goal of promoting blockchain adoption. To achieve this objective, this study analyzes the barriers to blockchain adoption from the perspectives of various stakeholders in SSCs and constructs a barrier severity assessment model that utilizes group decision-making methods to integrate all stakeholdersâ attitudes. This study employs the PEEST (political, economic, environmental, social, and technological) framework to identify 27 barriers to the adoption of blockchain technology. Subsequently, an expertise-based group decision-making approach is used to quantify the prominence of various barriers according to various types of stakeholders. The results indicate that the five most intense barriers are storage constraints, insufficient economic incentives, high integration costs, a lack of functional appeal, and ambiguity regarding data disclosure and public data management regulations. This research makes novel theoretical and practical contributions, as it takes an empirical and all-encompassing approach to identifying obstacles to the adoption of blockchain technology and provides valuable insights for policymakers and practitioners to reference in overcoming these obstacles.