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Blockchain and supply chain management integration: a systematic review of the literature
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Blockchain and supply chain management integration: a systematic review of the literature
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Journal Article
Blockchain and supply chain management integration: a systematic review of the literature
2020
Overview
Purpose
This paper aims to identify, analyse and organise the literature about blockchains in supply chain management (SCM) context (blockchain–SCM integration) and proposes an agenda for future research. This study aims to shed light on what the main current blockchain applications in SCM are, what the main disruptions and challenges are in SCM because of blockchain adoption and what the future of blockchains holds in SCM.
Design/methodology/approach
This study followed the systematic review approach to analyse and synthesise the extant literature on blockchain–SCM integration. The review analysed 27 papers between 2008 and 2018 in peer-reviewed journals.
Findings
Blockchain–SCM integration is still in its infancy. Scholars and practitioners are not fully aware of the potential of blockchain technology to disrupt traditional business models. However, the electric power industry seems to have a relatively mature understanding of blockchain–SCM integration, demonstrated by the use of smart contracts. Additionally, the disintermediation provided by blockchain applications has the potential to disrupt traditional industries (e.g. health care, transportation and retail).
Research limitations/implications
The limitations of this study are represented mainly by the scarcity of studies on blockchain–SCM integration in leading journals and databases.
Practical implications
This study highlights examples of blockchain–SCM integration, emphasising the need to rethink business models to incorporate blockchain technology.
Originality/value
This study is the first attempt to synthesise existing publications about the blockchain–SCM integration, shedding light on the disruption caused by, and the necessity of, the SCM reconfigurations.
Publisher
Emerald Publishing Limited,Emerald Group Publishing Limited
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