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Paper Type

Complete

Description

The globalization of the world economy increases the role of value chains, where disruptions in the realization of the logistics processes occur repeatedly. Climate changes, pandemics, and military conflicts further increase the difficulties in matching supply and demand in a vast majority of networks. As a result, the digital transformation of Supply Chain Management (SCM) often referred to as Digital Supply Chain (DSC) is considered an important solution for several SCM concerns. Extensive subject matter literature research pointed out that several technologies have been studied and implemented as DSC solutions contrary to blockchain technology. Therefore, the research aims of this article is to examine the challenges of DSC with particular emphasis on blockchain technology perception in this context. Research has been conducted via structured in-depth interviews with SCM experts. Study results highlighted that blockchain is perceived by SCM experts as a technology with significant capability to support the creation of DSC, but unfortunately used at all. They also pointed out that blockchain should not be the technology of the first choice when initiating the digitization of SCM processes, but potentially beneficial for mature DSC.

Paper Number

1806

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Aug 10th, 12:00 AM

Blockchain technology perception regarding supporting the digital transformation of Supply Chain Management

The globalization of the world economy increases the role of value chains, where disruptions in the realization of the logistics processes occur repeatedly. Climate changes, pandemics, and military conflicts further increase the difficulties in matching supply and demand in a vast majority of networks. As a result, the digital transformation of Supply Chain Management (SCM) often referred to as Digital Supply Chain (DSC) is considered an important solution for several SCM concerns. Extensive subject matter literature research pointed out that several technologies have been studied and implemented as DSC solutions contrary to blockchain technology. Therefore, the research aims of this article is to examine the challenges of DSC with particular emphasis on blockchain technology perception in this context. Research has been conducted via structured in-depth interviews with SCM experts. Study results highlighted that blockchain is perceived by SCM experts as a technology with significant capability to support the creation of DSC, but unfortunately used at all. They also pointed out that blockchain should not be the technology of the first choice when initiating the digitization of SCM processes, but potentially beneficial for mature DSC.

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