What value does blockchain bring to the imported fresh food supply chain?

【Author】 Liu, Shuai; Hua, Guowei; Kang, Yuxuan; Cheng, T. C. Edwin; Xu, Yadong

【Source】TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW

【影响因子】10.047

【Abstract】During the COVID-19 pandemic, blockchain has been widely used to trace imported fresh food information from sources to destinations. Motivated by observations of real-world practice, we studied the role that blockchain played in imported fresh food supply chains. We first developed the basic models to examine the cases without and with blockchain. We derived the optimal pricing decisions for the supply chain and the conditions under which using blockchain was profitable under each model. To assess the robustness of the results, we then analyzed how risk attitudes affected the optimal supply chain decisions. We found some interesting results: When the effect of assuaging consumers' safety concerns brought by blockchain was not obvious, blockchain was more likely to help the manufacturer and retailer increase their profits; otherwise, the value of blockchain was not significant. Besides, the risk-averse manufacturer and retailer would decrease their prices in response to the risks of demand fluctuations. Also, the blockchain platform would benefit from the risk-averse manufacturer and retailer but suffer from risk-averse consumers.

【Keywords】Blockchain; Imported fresh food supply chains; The COVID-19; Pricing decisions; Risk attitudes

【发表时间】2022 SEP

【收录时间】2022-10-25

【文献类型】理论模型

【主题类别】

区块链应用-实体经济-供应链