Improving Supply Chain Resilience with Implementation of New System Architecture

In this paper, we propose a new system architecture, which is a solution for reducing the complexity and vulnerability of existing supply chain systems. First of all, through analyzing the cases of supply chain disruptions caused by natural and human factors, some major issues which exist in the traditional supply chain system are clarified and some maladies of centralized system architectures are demonstrated by reviewing previous studies and practical researches. Secondly, we propose a conceptional model which introduces some features of decentralized system architecture based on blockchain technologies, such as new consensus mechanism and smart contract into traditional supply chain system so that the most existed difficulties might be solved and supply chain resilience could be improved. Thirdly, through the conduction of case studies, the applicable domains and new supply chain system architecture are demonstrated.

[1]  Melanie Swan,et al.  Blockchain: Blueprint for a New Economy , 2015 .

[2]  M. Christopher.  Logistics and supply chain management , 2011 .

[3]  N. Kshetri.  Blockchain's roles in strengthening cybersecurity and protecting privacy , 2017 .

[4]  S. Liao,et al.  Assessing the influence of supply chain collaboration value innovation, supply chain capability and competitive advantage in Taiwan's networking communication industry , 2017 .

[5]  O. Tang,et al.  Supply chain collaboration for sustainability: A literature review and future research agenda , 2017 .

[6]  Asif Gill,et al.  IoT-enabled emergency information supply chain architecture for elderly people: The Australian context , 2016, Inf. Syst..

[7]  Stefan Seuring,et al.  A review of modeling approaches for sustainable supply chain management , 2013, Decis. Support Syst..

[8]  Pan Zhang,et al.  Designing contracts for a closed-loop supply chain under information asymmetry , 2014, Oper. Res. Lett..

[9]  M. Christopher.  Logistics & Supply Chain Management , 1998 .

[10]  J. Fransoo,et al.  Destocking, the bullwhip effect, and the credit crisis: Empirical modeling of supply chain dynamics , 2015 .

[11]  Nir Kshetri,et al.  1 Blockchain's roles in meeting key supply chain management objectives , 2018, Int. J. Inf. Manag..

[12]  Hussein M. Saber,et al.  Information sharing in a sustainable supply chain , 2016 .

[13]  N. Radziwill.  Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World. , 2018 .

[14]  Samuel H. Huang,et al.  Computer-assisted supply chain configuration based on supply chain operations reference (SCOR) model , 2005, Comput. Ind. Eng..

[15]  Xinhui Wang,et al.  Supply chain contract mechanism under bilateral information asymmetry , 2017, Comput. Ind. Eng..

[16]  Satoshi Nakamoto.  Bitcoin : A Peer-to-Peer Electronic Cash System , 2009 .

[17]  Albert P. M. Wagelmans,et al.  Two-echelon supply chain coordination under information asymmetry with multiple types , 2016 .

[18]  Anil Singh,et al.  Enhancing supply chain outcomes through Information Technology and Trust , 2016, Comput. Hum. Behav..

[19]  Antonio Capaldo,et al.  Interdependence and network-level trust in supply chain networks: A computational study , 2015 .

[20]  Bo Yan,et al.  Supply chain information transmission based on RFID and internet of things , 2009, 2009 ISECS International Colloquium on Computing, Communication, Control, and Management.