Block Chain in Operations and Supply Chain Management and Application of Blockchain Technologies for Global Operations.

characteristics of BCT will significantly impact the organizational governance, supply-chain relationships, operations strategy, digital transformation pathway and existing supply-chain business models. BCT when integrated with other technologies such as the Internet of Things, big data analytics, and artificial intelligence, will help to increase the efficiency of supply chain through agile data-driven decisionmaking based on high quality data (stored in Blockchain) and further facilitating supply chain transparency that will also afford product traceability, authenticity and legitimacy, and enhance sub supplier transparency that will alleviate social sustainability problem in multi-tier supply networks. While firms have gained some success in adoption and implementation blockchain in their existing process, there are handfuls of business operation models developed which are incorporated by the industry and in academia. With a growing number of consortia, a decrease in complexity and costs of implementation, and a larger number of pilots and experiments underway, blockchain is advancing rapidly toward greater acceptance. Astute executives and managers should understand how the technology fits in their business and how it can help improve operations in order to capture its advantages ahead of their competitors. As the demand for goods surges, enterprises across the globe have started adopting innovative technologies such as blockchain more frequently to streamline the value chain operations to secure immediate operations. Blockchain drives transparency in the supply chain, but adopters face marketing, data and governance challenges before they can reap the technology’s full benefits (Published on March 22, 2022) Perform an exploratory case study research encircling the following topics to advance the debate to show real examples related to the real value that is being created: The interplay between blockchain technology and proactive management to add value and minimize the negative effects on global supply chains challenges (e.g., ports congestion, container demand, truckdrivers shortage, war risks, etc.). Critical success factors of blockchain technology adoption and proactive management to improve performance and add value to the global supply chains.

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