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

How blockchain manages supply chain risks: evidence from Indian manufacturing companies 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/approachDrawing 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.FindingsThe 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/valueTo the best of the authors’ knowledge, no previous research on blockchain-based risk management capabilities has been conducted. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The International Journal of Logistics Management Emerald Publishing

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

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References (86)

Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
0957-4093
DOI
10.1108/ijlm-05-2023-0178
Publisher site
See Article on Publisher Site

Abstract

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

Journal

The International Journal of Logistics Management – Emerald Publishing

Published: Aug 7, 2024

Keywords: Blockchain; Supply chain risk management; Indian manufacturing companies; SEM

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