The emerging need to integrate the supply chain industry with a future-proof blockchain model; explorative study into food supply chain and container logistics

Sandu Mircea-Florin (2023) The emerging need to integrate the supply chain industry with a future-proof blockchain model; explorative study into food supply chain and container logistics. Külkereskedelmi Kar.

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Absztrakt (kivonat)

Supply chain management is a complex process that compromises many parties, including manufacturers, distributors, and retailers. Multiple touch points across geographies and time zones make it difficult to keep track of inventory levels and other details. As supply chain’s scope and network grows, there is a need for large number of simultaneous transactions between different stakeholders. It’s no secret that humans are prone to error, fraud, bias, and corruption. For that, each transaction requires trust and verification, leading to a delay in the processing time. Global supply chains have witnessed disruptions in the last few years due to the covid-19 pandemic and regional conflicts. Global boundaries that were disappearing due to globalisation saw a pause and orders were delayed for several weeks and there were constraints on all levels of the supply chain. The use of blockchain technology can help eliminate these issues as it ensures complete transparency between the different participants of the chain, within every step along the process. In fact, Blockchain helps to eliminate this uncertainty from the system by providing a single, shared record of all transactions across the supply chain network, enabling direct communication between trading partners through self-executable contracts and reducing the overall turnaround time for completing transactions. Today, Blockchain technology is actively changing how businesses manage their supply chains, not only by helping companies reduce costs and improve efficiency but also in its important role in fraud and theft prevention by ensuring visibility and traceability and increasing trust. However, the current adoption of this technology remains insignificant and is limited to big corporations, whilst the need for this technology is inevitable in certain industries that require full transparency. These industries are mainly the ones that have a direct or indirect impact on public human health or environmental health. Blockchain technologies provide real time tracing of their goods for different stakeholders in the supply chain and the value they add to them is analysed. In this paper, the supply chain industries, specifically of food supply chain and container logistics are analysed and the need for future proof blockchain technology is ascertained. The ease at which such technologies can be rolled out and their significant advantages and challenges specific to the industry are studied. The stage of blockchain technology in supply chain relevant to the diffusion of Innovation theory is studied along with the key factors that affect the diffusion of the blockchain technology. Innovative and early  adapter businesses are identified in the food supply and container logistics industry and the key advantages and drawbacks of the technology are identified.

Intézmény

Budapesti Gazdasági Egyetem

Kar

Külkereskedelmi Kar

Tanszék

Társadalomtudományi Módszertan Tanszék

Tudományterület/tudományág

NEM RÉSZLETEZETT

Szak

Nemzetközi gazdálkodás

Mű típusa:	diplomadolgozat (NEM RÉSZLETEZETT)
Kulcsszavak:	Blockchain, container logistics, decentralization, food supply, information technology
SWORD Depositor:	Archive User
Felhasználói azonosító szám (ID):	Archive User
Rekord készítés dátuma:	2023. Ápr. 20. 13:52
Utolsó módosítás:	2023. Ápr. 20. 13:52
URI:	http://dolgozattar.uni-bge.hu/id/eprint/43829

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