Blockchain-Enabled supply chains: An application in fresh-cut flowers

【Author】 De Carvalho, Paulo R. V.; Naoum-Sawaya, Joe; Elhedhli, Samir

【Source】APPLIED MATHEMATICAL MODELLING

【影响因子】5.336

【Abstract】Supply chains have often benefited from breakthroughs in information technology. Blockchain, in particular, is a recent technology that is promising to revolutionize the way supply chains are designed and operated. This paper proposes a framework to optimize the adoption of blockchain jointly with the design of the supply chain network. A new form of product differentiation is enabled through blockchain adoption where blockchain-certified products are sold at a premium price to a growing segment of customers. The proposed framework allows supply chain managers to monetize data which has traditionally been used to improve supply chain efficiency. The framework is evaluated using a realistic case study inspired by the global supply chain of fresh-cut flowers. The results show that by strategically using blockchain at certain locations in the supply chain network, significant cost savings are realized compared to fully deploying blockchain throughout the supply chain. These cost savings lead to increased demand, better consumer surplus, and higher supply chain profit. Furthermore, the proposed data-enabled product differentiation leads to fresher products in the market.

【Keywords】Routing; Supply chain network design; Blockchain; Fresh -cut flowers

【发表时间】2022 OCT

【收录时间】2022-08-15

【文献类型】理论模型

【主题类别】

区块链应用-实体经济-供应链