International Workshop on Successful Strategies in Supply Chain Management Sample Template Paper
Table 1. Summary of interviewees ID # Organisational Role/Responsibility
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iwspe2018 wang 038 Final
Table 1. Summary of interviewees
ID # Organisational Role/Responsibility Location A Global Head of Logistics Strategy & Innovation UK B Logistics Controller Switzerland C Head of Customer Systems Switzerland D Supply chain manager UK E Process, Innovation, and Technology Improvement Senior Manager Indonesia F Regional Operational Account Manager Germany G Logistics expert UK H Global Optimization and Analytics Manager Romania I Corporate IT Customer Systems Switzerland J CEO (Logistics service provider) Indonesia K Logistics Consultant Indonesia L IT consultant UK M Productivity Systems & Solution Portugal N CEO – IT service provider UK 4. Research Findings 4.1 Summary of findings from literature review Our literature review identified the following factors which explain why the Blockchain is important to logistics and supply chain sector. Transparency, authenticity, trust and security 5 Blockchain enabled transactions (a series of transactions required to get a product from place to place) offer transparency to participating companies – a block could be created for each transaction from the manufacture of a product to its distribution and sale. This level of transparency and visibility is essential to improve the traceability of the products and ensure products authenticity and legitimacy. For tracking the products, digital footprint could be used, such as information tag, GPS and RFID (Abeyreatne and Monfared 2016). As all data recorded within the blockchain is distributed among all network members, records of transactions and activities are transparent and open for every member to access, compared to the traditional method of utilising a central third party governance. Each participant can check the progress and the location of the products and share the same information in the system (Kim and Laskowski 2016). There seems to be a consensus in the literature that this improved visibility provides an auditable trace of the footprint of a product – particularly attractive to industries where provenance of product is of critical importance such as diamonds, fine arts, luxury goods and pharmaceutical ingredients. This could boost the consumers’ confidence and trust of the vendor (Loop 2017). The transparency achieved in a blockchain is also considered to be pivotal to build much needed trust into the supply chain and may revolutionise how we understand and research ‘trust’ in the supply chain. The nature of blockchain plays an important role in stolen merchandise recovery and avoiding fraudulent transactions. Improved security is another motivational factor why blockchain may be adopted in supply chain, as it protects against tampering, fraud, and cybercrime (Lohade 2017). To achieve security, reliability and authenticity has to be established. This is translated as data integrity, one of the key attributes of Blockchain-based ledgers (Yli-Huumo, et al. 2016). Once formed into the linear chain, the information stored within a blockchain is immutable. This is due to the technology’s distributed consensus characteristics, where only one true, verified version of the data is stored in all members of the network. Gupta (2017) points out that permissioned blockchain is of particular value to businesses as it offers enhanced privacy (Access to transactions can be determined by the roles/responsibilities of users), auditability (A shared ledger that serves as a single source of truth improves the ability to monitor and audit transactions) and increased operational efficiency (transactions can be conducted at a speed more in line with the pace of doing business). Download 0.65 Mb. Do'stlaringiz bilan baham: |
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