Improving Supply Chain Resilience with Establishing A Decentralized Information Sharing Mechanism

With the rapid development of economic globalization, the characteristics of supply chain such as large amount of participants, scattered geographical distribution, and long time span require the participants in supply chain to trust each other for efficient information exchange. Targeting at the pain points such as low trust degree and untimely information exchange in traditional supply chain information system, combining with the core advantages of blockchain technology, this paper proposes the concept of reorganization of supply chain information system based on blockchain technology. In this paper, we first review the key problems in supply chain management, analyze the key factors that weaken the resilience of the supply chain, derive the root causes of supply chain information asymmetry and the raise of supply chain risks as a whole caused by imperfections of the trust mechanism. Aimed at the above problems, the concept of reconfiguring the supply chain information system by using blockchain technology is proposed and verified by examples. Finally, by means of the conceptual model of the information platform based on the blockchain technology conceived in this paper, the specific tactics to be implemented and future challenges are clarified for the improvement of supply chain resilience.