Abstract
Purpose: Blockchain technology can be used by businesses to maintain a sustainable supply chain by providing transparency, traceability, and accountability throughout the supply chain. Therefore, the main purpose of the current review is to evaluate how blockchain facilitates collaboration between supply chain partners to achieve sustainability goals.
Research Approach: The following study has conducted a systematic literature review to reach a comprehensive and unbiased overview of the blockchain-based e-procurement system.
Findings: The findings suggest that businesses can use blockchain-based e-procurement systems to share data and collaborate on initiatives to reduce waste, improve energy efficiency, and promote sustainable practices throughout the supply chain network. It aids in improving transparency and security by providing a decentralised data-driven platform that helps reduce labour costs and helps in risk detection.
Research impact: The research impact of the current study has led to new insights and development regarding the use of the blockchain-based system for e-procurement, along with providing a few future research directions for future scholars.
Practical impact: The current review can be used as a baseline by strategic management and other supply chain partners to grasp a holistic overview of the use of blockchain in e-procurement. It will help them in making informed, data-driven decisions
Research Approach: The following study has conducted a systematic literature review to reach a comprehensive and unbiased overview of the blockchain-based e-procurement system.
Findings: The findings suggest that businesses can use blockchain-based e-procurement systems to share data and collaborate on initiatives to reduce waste, improve energy efficiency, and promote sustainable practices throughout the supply chain network. It aids in improving transparency and security by providing a decentralised data-driven platform that helps reduce labour costs and helps in risk detection.
Research impact: The research impact of the current study has led to new insights and development regarding the use of the blockchain-based system for e-procurement, along with providing a few future research directions for future scholars.
Practical impact: The current review can be used as a baseline by strategic management and other supply chain partners to grasp a holistic overview of the use of blockchain in e-procurement. It will help them in making informed, data-driven decisions
| Original language | English |
|---|---|
| Number of pages | 18 |
| Publication status | Published - 6 Sept 2023 |
| Event | Logistics Research Network Conference 2023: Supply Chain Sustainability - Heriot-Watt University, Edinburgh, United Kingdom Duration: 6 Sept 2023 → 8 Sept 2023 https://ciltuk.org.uk/Events/National-Events-2023/Logistics-Research-Network-Conference |
Conference
| Conference | Logistics Research Network Conference 2023 |
|---|---|
| Country/Territory | United Kingdom |
| City | Edinburgh |
| Period | 6/09/23 → 8/09/23 |
| Internet address |
Keywords
- blockchain
- e-procurement
- transparency
- security
- risk detection
