Barriers to implementation of blockchain into supply chain management using an integrated multi-criteria decision-making
- PDF / 506,190 Bytes
- 19 Pages / 595.276 x 790.866 pts Page_size
- 50 Downloads / 148 Views
(0123456789().,-volV)(0123456789().,-volV)
METHODOLOGIES AND APPLICATION
Barriers to implementation of blockchain into supply chain management using an integrated multi-criteria decision-making method: a numerical example Cihat O¨ztu¨rk1 • Abdullah Yildizbas¸i1
Springer-Verlag GmbH Germany, part of Springer Nature 2020
Abstract Information and product visibilities have been crucial in today’s supply chain processes, as economic, environmental and social sustainability concepts, which have been frequently focused on in recent years, prioritize the transparency of business processes. Blockchain technology, with continuously expanding application areas, has been revealed to be applicable in supply chain processes. On the other hand, integration of blockchain technology into supply chain processes will not be as smooth as estimated, since some challenges and constraints have already been identified. Therefore, companies aiming to integrate blockchain into supply chain processes should qualify and investigate each of these challenges. In the literature, to the best of the authors’ knowledge, there is no study addressing the issues arising during the integration process. Moreover, most studies related to blockchain technology have merely examined the positive aspects. This study, on the contrary, discusses the technologic, financial, organizational and environmental challenges that are confronted on a sectoral basis during the integration process. The fuzzy AHP and fuzzy TOPSIS methods, which are used in uncertainties and are capable of simultaneous multi-criteria evaluation, were employed. Furthermore, it is intended to produce a study that is of benefit to industrial actors by analyzing the findings related to the challenges merging during technological transformation. The outputs of this study are as follows: (i) High investment costs, data security and utility are important; (ii) integration is harder for the health and logistic sectors; (iii) the supply chains, which are less complicated, will be able to coordinate faster than the blockchain technology does. Consequently, the obtained results are evaluated, and strategic outputs are shared for the decision-makers aiming to integrate blockchain technology into the supply chain processes. Keywords Blockchain Supply chain management Integrated MCDM Fuzzy AHP Fuzzy TOPSIS
1 Introduction Blockchain technology is defined as a database that provides secure and consistent operations by many nodes in the network (Beck 2018). However, as a more comprehensive definition, it may be stated that blockchain technology is a combination of a distributed database, Communicated by V. Loia. ¨ ztu¨rk & Cihat O [email protected] Abdullah Yildizbas¸ i [email protected] 1
Department of Industrial Engineering, Ankara Yıldırım Beyazıt University, Ankara, Turkey
decentralized reconciliation mechanism and cryptographic algorithms (Reyna et al. 2018). The process data on the blockchain are stored in a series of data blocks that are cryptographically linked and
Data Loading...
