How blockchain manages supply chain risks: evidence from Indian manufacturing companies

IF 7.2 3区管理学 Q1 MANAGEMENT International Journal of Logistics Management Pub Date : 2023-12-07 DOI:10.1108/ijlm-05-2023-0178

Leo Hong, Douglas N. Hales

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Abstract

Purpose

This study aims to investigate the contribution of blockchain technology to supply chain risk management and its impact on performance among Indian manufacturing companies.

Design/methodology/approach

Drawing on a resource-based view, dynamic capability and system of systems theory, this study examines the direct relationships between blockchain, supply chain risk management and supply chain performance. The authors validate the mediating effects of three supply chain risk management components, namely supply risk management, demand risk management and cyber security management, on financial transaction reliability and information reliability. Data were collected from 204 Indian manufacturing companies that have adopted blockchain technology.

Findings

The results demonstrate that companies adopting blockchain technology have experienced positive outcomes in managing supply chain-related risks, financial transaction reliability and information reliability. These findings provide valuable guidance to managers, highlighting blockchain as a competitive advantage for supply chain management.

Originality/value

To the best of the authors’ knowledge, no previous research on blockchain-based risk management capabilities has been conducted.

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区块链如何管理供应链风险：来自印度制造企业的证据

目的本研究旨在探讨区块链技术对印度制造企业供应链风险管理的贡献及其对绩效的影响。设计/方法/途径本研究借鉴基于资源的观点、动态能力和系统理论，探讨了区块链、供应链风险管理和供应链绩效之间的直接关系。作者验证了供应链风险管理的三个组成部分，即供应风险管理、需求风险管理和网络安全管理，对财务交易可靠性和信息可靠性的中介效应。研究结果表明，采用区块链技术的公司在管理供应链相关风险、财务交易可靠性和信息可靠性方面取得了积极成果。这些发现为管理者提供了有价值的指导，凸显了区块链在供应链管理方面的竞争优势。原创性/价值据作者所知，此前尚未对基于区块链的风险管理能力进行过研究。

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来源期刊

International Journal of Logistics Management MANAGEMENT-

CiteScore

12.20

自引率

12.00%

发文量

期刊介绍： The International Journal of Logistics Management (IJLM) is a scholarly publication that focuses on empirical research, with a particular emphasis on qualitative studies. The journal is committed to publishing articles that contribute original ideas to the field of logistics and supply chain management, which are presented in a clear and scientifically rigorous manner. All submissions undergo a rigorous, anonymous peer review process to ensure the quality and relevance of the research. IJLM serves as a platform for the development and examination of management theories and practices in logistics and supply chain management. The journal aims to bridge the gap between academic research and practical application, providing a forum for researchers, practitioners, and educators to share insights and knowledge.