Enablers of blockchain adoption on supply chain with dynamic capability perspectives with ISM-MICMAC analysis

Shang Ching Kuei, Mu Chen Chen*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

Using emerging digital technology to improve supply chain management (SCM) and remain competitive is critical for a supply chain. This paper aims to present a guideline and priorities to promote blockchain adoption in a supply chain by understanding the relationships between various enablers for blockchain adoption. Utilizing a two-stage ISM-MICMAC analysis, this study presents a hierarchy-based model and the mutual relationships among the enablers of blockchain adoption to improve SCM. This study shows a group of enablers with a high driving power and low dependence requiring maximum attention and strategic importance. In contrast, another group comprises enablers with high dependence and is the resultant action. This classification of enablers provides a valuable tool for supply chain managers to differentiate between independent and dependent enablers and their mutual relationships, which would help them focus on the key enablers that should be prioritized for effective blockchain adoption in a supply chain to improve SCM. The presentation of enablers in a hierarchy and the classification into the driver and dependent categories under the dynamic supply chain capabilities is a unique effort in blockchain adoption in a supply chain. In this study, Risk Management Facilitation is identified and categorized as one of the major enable groups, and the results indicate that it is one of the critical major enable groups of blockchain adoption in a supply chain.

Original languageEnglish
JournalAnnals of Operations Research
DOIs
StateAccepted/In press - 2023

Keywords

  • Blockchain
  • Dynamic supply chain capabilities
  • Interpretive structural modeling
  • Supply chain management

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