IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v16y2022i1p1246-1258n22.html
   My bibliography  Save this article

Prerequisites of a blockchain-oriented technique to assure a digital management of products recall caused by notified issues in food industry

Author

Listed:
  • Cornea Andreea-Alina

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

Today’s life is carried out under the technology umbrella and this is reflected in every aspect of daily activities, from conversations with friends, preparing meals, shopping to professional experiences. As technology advances and white-collar interests move more and more under its auspices, some of the essentials remain stuck in the routine, being slowed down by the simple fact that they are marked by certain unrevised procedures. So, in order to allow evolution in all aspects of life, the idea of identifying solutions, analyzing technological innovations and balancing the impact of digitalization in each area delayed by outdated principles is emerging. Blockchain-based solutions proved effective in a large spectrum of social and economic fields, providing ingenious approaches for up to date stringent issues. One particular area where blockchain can facilitate a significant improvement is represented by product recall. Within a global economy with supply chains extended over multiple continents, a digitalized shopping environment where customers use dedicated applications for scanning client codes and receiving electronic receipts could eliminate dead times between the moment of identifying risky products that have been for sale and the moment of warning customers to act accordingly. But before being able to benefit from a fully integrated blockchain solution for commerce, the first steps are to redirect activities towards automation and digitization by preparing the necessary prerequisites and initiating actions to change the consumer’s perception of essential activities technologicalization, as the conducted study reflects the idea that, although many people are oriented towards change, some seem reluctant.

Suggested Citation

  • Cornea Andreea-Alina, 2022. "Prerequisites of a blockchain-oriented technique to assure a digital management of products recall caused by notified issues in food industry," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 16(1), pages 1246-1258, August.
  • Handle: RePEc:vrs:poicbe:v:16:y:2022:i:1:p:1246-1258:n:22
    DOI: 10.2478/picbe-2022-0114
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2022-0114
    Download Restriction: no

    File URL: https://libkey.io/10.2478/picbe-2022-0114?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Silvius STANCIU, 2015. "The Safety of the Romanian Non-food Products in the European Community Context," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 75-80.
    2. Bumblauskas, Daniel & Mann, Arti & Dugan, Brett & Rittmer, Jacy, 2020. "A blockchain use case in food distribution: Do you know where your food has been?," International Journal of Information Management, Elsevier, vol. 52(C).
    3. Kurt Gaubinger & Michael Rabl & Scott Swan & Thomas Werani, 2015. "Integrated Innovation and Product Management: A Process Oriented Framework," Springer Texts in Business and Economics, in: Innovation and Product Management, edition 127, chapter 2, pages 27-42, Springer.
    4. David Swanson & Luis Santamaria, 2021. "Pandemic Supply Chain Research: A Structured Literature Review and Bibliometric Network Analysis," Logistics, MDPI, vol. 5(1), pages 1-22, January.
    5. Kurt Gaubinger & Michael Rabl & Scott Swan & Thomas Werani, 2015. "Innovation and Product Management," Springer Texts in Business and Economics, Springer, edition 127, number 978-3-642-54376-0, August.
    6. Andrew M. Malec & Patricia K. Smith & Anson E. Smuts, 2021. "Recall and Vehicle Characteristics Associated with Vehicle Repair Rates," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 59(1), pages 37-55, August.
    7. Michael R. Thomsen & Andrew M. McKenzie, 2001. "Market Incentives for Safe Foods: An Examination of Shareholder Losses from Meat and Poultry Recalls," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(3), pages 526-538.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Daniel López & Miquel Oliver, 2023. "Integrating Innovation into Business Strategy: Perspectives from Innovation Managers," Sustainability, MDPI, vol. 15(8), pages 1-28, April.
    2. Yoseph, Nir Shlomo, 2018. "The Impact of Environmental Fraud on the Used Car Market: Evidence from Dieselgate," CEPR Discussion Papers 12899, C.E.P.R. Discussion Papers.
    3. Gokhale, Jayendra & Brooks, Raymond M. & Tremblay, Victor J., 2014. "The effect on stockholder wealth of product recalls and government action: The case of Toyota's accelerator pedal recall," The Quarterly Review of Economics and Finance, Elsevier, vol. 54(4), pages 521-528.
    4. Irz, Xavier & Mazzocchi, Mario & Réquillart, Vincent & Soler, Louis-Georges, 2015. "Research in Food Economics: past trends and new challenges," Revue d'Etudes en Agriculture et Environnement, Editions NecPlus, vol. 96(01), pages 187-237, March.
    5. Chen Zhen & Michael K. Wohlgenant, 2006. "Meat Demand under Rational Habit Persistence," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 54(4), pages 477-495, December.
    6. Ollinger, Michael & Moore, Danna L., 2007. "Market Forces, Plant Technology, and Food Safety Technology Use," 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon 9853, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Ivanek, Renata & Grohn, Yrjo T. & Tauer, Loren W. & Wiedmann, Martin, 2003. "The Cost and Benefit of Listeria Monocytogenes Food Safety Measures," Working Papers 127249, Cornell University, Department of Applied Economics and Management.
    8. Taylor, Mykel & Klaiber, H. Allen & Kuchler, Fred, 2016. "Changes in U.S. consumer response to food safety recalls in the shadow of a BSE scare," Food Policy, Elsevier, vol. 62(C), pages 56-64.
    9. Carlos Arnade & Fred Kuchler & Linda Calvin, 2016. "The changing role of consumers and suppliers in a food safety event: the 2006 foodborne illness outbreak linked to spinach," Applied Economics, Taylor & Francis Journals, vol. 48(25), pages 2354-2366, May.
    10. Rommel, J. & Neuenfeldt, S. & Odening, M., 2010. "Markteffekte medienwirksamer Lebensmittelskandale – eine Ergebnisstudie," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 45, March.
    11. Sun, Yi & Jiang, Shiqing & Jia, Wanjiao & Wang, Yu, 2022. "Blockchain as a cutting-edge technology impacting business: A systematic literature review perspective," Telecommunications Policy, Elsevier, vol. 46(10).
    12. Hyun Joung Jin & Jang-Chul Kim, 2008. "The effects of the BSE outbreak on the security values of US agribusiness and food processing firms," Applied Economics, Taylor & Francis Journals, vol. 40(3), pages 357-372.
    13. Bogdan Georgescu & Cristian Bogdan Onete & Doru Alexandru Plesea & Sandra Diana Chita & Stefan Sava, 2022. "Consumer Attitude Towards the Use of Blockchain Technology. Study on the Implementation of the “Green Deal” Strategy for Organic Foods," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 24(60), pages 379-379, April.
    14. Amena Sibghatullah & Musarrat Shamshir & Kamran Siddiqui & Nazia Saeed, 2019. "The Unifi Cation Of Product Life-Cycle And Industry Life-Cycle: A Framework For Telecom Sector In Pakistan," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 15(1), pages 15-12.
    15. Sudhanshu Joshi & Manu Sharma, 2022. "A Literature Survey on Vaccine Supply Chain Management Amidst COVID-19: Literature Developments, Future Directions and Open Challenges for Public Health," World, MDPI, vol. 3(4), pages 1-28, October.
    16. Ratapol Teratanavat & Victoria Salin & Neal H. Hooker, 2005. "Recall event timing: Measures of managerial performance in U.S. meat and poultry plants," Agribusiness, John Wiley & Sons, Ltd., vol. 21(3), pages 351-373.
    17. Ollinger, Michael & Wilkus, James & Hrdlicka, Megan & Bovay, John, 2017. "Public Disclosure of Tests for Salmonella: The Effects on Food Safety Performance in Chicken Slaughter Establishments," Economic Research Report 262183, United States Department of Agriculture, Economic Research Service.
    18. Jiaguo Liu & Huida Zhao & Yibing Lyu & Xiaohang Yue, 2023. "The provision strategy of blockchain service under the supply chain with downstream competition," Annals of Operations Research, Springer, vol. 327(1), pages 375-400, August.
    19. Hsu, Liwu & Lawrence, Benjamin, 2016. "The role of social media and brand equity during a product recall crisis: A shareholder value perspective," International Journal of Research in Marketing, Elsevier, vol. 33(1), pages 59-77.
    20. Hyun No Kim & Ik-Chang Choi, 2018. "The Economic Impact of Government Policy on Market Prices of Low-Fat Pork in South Korea: A Quasi-Experimental Hedonic Price Approach," Sustainability, MDPI, vol. 10(3), pages 1-16, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:poicbe:v:16:y:2022:i:1:p:1246-1258:n:22. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.