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Scientific Article details

Title Blockchain-Augmented Digital Supply Chain Management: A Way to Sustainable Business
ID_Doc 74915
Authors Yerpude, S; Sood, K; Grima, S
Title Blockchain-Augmented Digital Supply Chain Management: A Way to Sustainable Business
Year 2023
Published Journal Of Risk And Financial Management, 16, 1
DOI 10.3390/jrfm16010007
Abstract The objective of this article is to assist the reader in understanding the journey from traditional Supply Chain Management to Digital Supply Chain Management. It aims to augment the concept of Digital Supply Chain Management with blockchain technology and create an extensive literature review to assist in formulating the gaps and discovering the variables that contribute towards the efficiency of a Blockchain-Based Digital Supply Chain. Moreover, this article aims to validate the impact of specified parameters resulting in customer retention and market leadership for an organization. Digital technologies such as the Internet of Things, blockchain, etc., are disrupting the traditional ways of doing business and creating value propositions for customers. Supply Chain Management is a key business process for an organization that helps them compete in the market. Organizations have seized competition not as individual brands but as supply chains. Digital Supply Chain Management is the implementation of digital technologies to capture customer data at every interaction to create customer engagement strategies. This article provides an empirical analysis of parameters influencing a Blockchain-Augmented Digital Supply Chain resulting in customer retention and market leadership and shows how, through a Blockchain-Based Digital Supply Chain, the business objective of being a customer-centric organization is assisted with the customer data generated at each interaction that is enabled.
Author Keywords blockchain; supply chain; supply chain management; digital supply chain management; IoT; blockchain technology; digital technologies
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:000914612200001
WoS Category Business, Finance
Research Area Business & Economics
PDF https://www.mdpi.com/1911-8074/16/1/7/pdf?version=1671878789
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