Lassoing the bullwhip effect by applying blockchain to supply chains

IF 3.8 Q2 MANAGEMENT

Journal of Global Operations and Strategic Sourcing Pub Date : 2021-10-25 DOI:10.1108/jgoss-06-2021-0045

D. Ghode, Vinod Yadav, R. Jain, G. Soni

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引用次数: 5

Abstract

Purpose A supply chain (SC) involves many stakeholders, directly or indirectly, for satisfying consumers’ requirements. SC management is restricted by a lack of information sharing among stakeholders as parties of SC do not have direct communication and/or are not willing to share private and competitively sensitive information. In the SC, the bullwhip effect (BWE) is an undesirable phenomenon that aggravates the SC performance and increases the overall cost of SC. The main culprit of BWE is the lack of SC coordination among the parties, which results from wrong and lack of information sharing. Blockchain technology (BT) has the main characteristic of distributed shared ledger that makes all parties in the SC network able to access data. This paper aims to develop a BT model and implement it into the SC. Design/methodology/approach A blockchain is developed consisting four SC stakeholders and an integrated development environment has been used for coding in Python. Findings The analysis of the impact of the adoption of BT in SC shows the reduction in BWE. Originality/value In SC, BT can be considered as an effective tool to share the demand data among all SC partners. Sharing of such data will improve SC planning and reduce the BWE.

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通过将区块链应用于供应链来套索牛鞭效应

供应链(SC)直接或间接地涉及许多利益相关者，以满足消费者的需求。供应链管理受到利益相关者之间缺乏信息共享的限制，因为供应链各方没有直接沟通和/或不愿意分享私人和竞争敏感信息。在供应链管理中，牛鞭效应(bullwhip effect, BWE)是一种不良现象，它使供应链绩效恶化，增加了供应链的总体成本。牛鞭效应的罪魁祸首是各方之间缺乏供应链协调，这是由于错误和缺乏信息共享造成的。区块链技术(BT)具有分布式共享账本的主要特点，使SC网络中的各方都能够访问数据。本文旨在开发一个BT模型并将其实现到SC中。设计/方法论/方法区块链由四个SC利益相关者组成，并使用Python编写了一个集成开发环境。研究结果对SC采用BT的影响的分析表明BWE的降低。在供应链中，BT可以被视为在所有供应链合作伙伴之间共享需求数据的有效工具。共享这些数据将改善供应链规划并降低BWE。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Global Operations and Strategic Sourcing MANAGEMENT-

CiteScore

9.40

自引率

0.00%

发文量

期刊介绍： The Journal of Global Operations and Strategic Sourcing aims to foster and lead the international debate on global operations and strategic sourcing. It provides a central, authoritative and independent forum for the critical evaluation and dissemination of research and development, applications, processes and current practices relating to sourcing strategically for products, services, competences and resources on a global scale and to designing, implementing and managing the resulting global operations. Journal of Global Operations and Strategic Sourcing places a strong emphasis on applied research with relevant implications for both knowledge and practice. Also, the journal aims to facilitate the exchange of ideas and opinions on research projects and issues. As such, on top of a standard section publishing scientific articles, there will be two additional sections: "The Industry ViewPoint": in this section, industrial practitioners from around the world will be invited (max 2 contributions per issue) to present their point of view on a relevant subject area. This is intended to give the journal not just an academic focus, but a practical focus as well. In this way, we intend to reflect a trend that has characterised the past few decades, where interests and initiatives in research, academia and industry have been more and more converging to the point of collaborative relationships being a common practice. "Research Updates - Executive Summaries". In this section, researchers around the world will be given the opportunity to present their research projects in the area of global sourcing and outsourcing by means of an executive summary of their project. This will increase awareness of the on-going research projects in the area and it will attract interest from industry.