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Blockchain Supply Chain Management and Supply Chain Sustainability

In: Blockchain Driven Supply Chain Management

Author

Listed:
  • Muhammad Rahies Khan

    (Bahria University)

  • Mustafa Rehman Khan

    (Shaheed Zulfikar Ali Bhutto Institute of Science and Technology)

  • Kesavan Nallaluthan

    (University Pendidikan Sultan Idris)

Abstract

The majority of the environmental and climatic issues emerge due to the massive production and consumption of products that ultimately compromise human and wild lives and the future interests of generations. Sustainable supply chain management emerges as a strategic way to address these misfortunes, the implementation of which is a bit challenging but adaptable. Therefore, this chapter addresses the implementation of blockchain supply chains to attain supply chain sustainability. The chapter starts with the introduction, emergence, and growth of blockchain technology and also covers the definitions of blockchain technology. Besides this, it also provides an in-depth understanding of blockchain-driven supply chains and how these (BCSCM) can be used to attain sustainable supply chains. It also examines the basic characteristics and types of blockchain-driven supply chains and the role of blockchain supply chains in present scenarios and the context of COVID-19. This chapter also discusses how the integration of blockchain supply chains can be used to achieve sustainable supply chain performance. It also examines the enablers and barriers in the implementation of blockchain supply chains in achieving sustainable supply chains. The types and advantages of blockchain supply chains are also part of this chapter. Moreover, the role of blockchain supply chains in forecasting future production and reducing waste in production and distribution is also discussed. Finally, future aspects like blockchain supply chain opportunities, security, traceability, and visibility of blockchain supply chains were also evaluated. This study implies that SCM managers can achieve supply chain sustainability through the incorporation of blockchain-driven supply chains in their business operations. Further, the managers can make strategic decisions while keeping the barriers and drives discussed in this chapter. Lastly, the conclusion and future research perspectives were provided.

Suggested Citation

  • Muhammad Rahies Khan & Mustafa Rehman Khan & Kesavan Nallaluthan, 2023. "Blockchain Supply Chain Management and Supply Chain Sustainability," Management for Professionals, in: Muhammad Shujaat Mubarik & Muhammad Shahbaz (ed.), Blockchain Driven Supply Chain Management, pages 155-180, Springer.
    • Handle: RePEc:spr:mgmchp:978-981-99-0699-4_10
    DOI: 10.1007/978-981-99-0699-4_10
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