| Title | Redesigning Supply Chains using Blockchain-Enabled Circular Economy and COVID-19 Experiences |
|---|---|
| ID_Doc | 1330 |
| Authors | Nandi, S; Sarkis, J; Hervani, AA; Helms, MM |
| Title | Redesigning Supply Chains using Blockchain-Enabled Circular Economy and COVID-19 Experiences |
| Year | 2021 |
| Published | |
| Abstract | The COVID-19 pandemic has exposed businesses and societies to the shortfalls of normal patterns of production, consumption, and their long-lasting impact on supply chains. In this opinion paper, we provide insights from the COVID-19 pandemic for making supply chains more resilient, transparent, and sustain-able. These insights include supply chains needing to develop localization, agility, and digitization (LAD) characteristics. We link LAD to a potential solution using blockchain technology and circular economy principle capabilities. Use cases are used to show how blockchain-enabled circular economy practices can support supply chain LAD efforts. Supply chain tracking, tracing, and responsiveness can be supported through blockchain-enabled circular economy practices. One result of identifying these relationships include solutions and insights at multiple levels and stakeholders - individual, organizational, supply chain, governmental, and community. These crisis-related observations and findings set a future research foundation for sustainable production and consumption. (C) 2020 Institution of Chemical Engineers. Published by Elsevier B.V. All rights reserved. |
| https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7566799 |
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