International Workshop on Successful Strategies in Supply Chain Management Sample Template Paper


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Making sense of blockchain technology: How will it transform supply chains?
Conference Paper
· February 2018
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Yingli Wang
Cardiff University
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Jingyao Wang
Cardiff University
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Proceedings of the 20th International Working Seminar on Production Economics 
Making sense of blockchain technology:
How will it transform supply chains? 
Yingli Wang
1
*, Meita Singgih
1
, Jingyao Wang
1
, Mihaela Rit
2
 
*Corresponding author 

Logistics and Operations Management Section, Cardiff Business School, Cardiff University, UK 
*
WangY14@cardiff.ac.uk
  

Panalpina Romania SRL,
Gen. Dragalina Street, No 27, Ap 20, Timis, Romania 
Mihaela.Rit@panalpina.com
  
 
Abstract
The aim of this research is to explore how the emerging blockchain technology may transform supply chains. 
We do so by exploring the answers to two RQs, i.e. why is blockchain technology important to logistics and 
supply chain sector and where are disruptions mostly likely to occur. Via a comprehensive literature review and 
14 expert interviews, we found that the perceived benefits such as improved tracking and traceability in an end-
to-end supply chain and efficiency gains through automation and reduction of complexities are the main 
motivational factors that help to explain why blockchain matters to supply chain. We further identify areas where 
blockchain may penetrate in supply chains, namely, supply chain tracing and tracking, supply chain 
disintermediation, simplification and digitalisation of supply chain process and smart contract. We also reveal 
challenges to its further diffusion. Finally, we acknowledge our research limitation and highlight a number of 
avenues for future research. We contribute to the literature by elucidating the reasons why blockchain 
technology is important to supply chain management and by locating areas where it may bring value to supply 
chain. Our research thereby offers valuable insights to both practitioners and academics in this field to prepare 
them to embrace this emerging technological innovation. 
Keywords: blockchain, logistics, supply chain, exploratory study, sensemaking. 

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