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Improving current supply chains by using distributed ledger technology (DLT) has been a highly researched topic during the last years. Currently, there are numerous articles elaborating on how such technologies can theoretically improve supply chains. However, case studies of such concepts and their economic value are scarce. In order to bridge this gap, we collaborated with a regional label company to clarify how a distributed ledger technology would benefit their ecosystem. This work answers the question of how such a prototype would look and whether it adds value. By following design science research practices, we design two artifacts based on requirements gathered in 14 interviews and discuss the artifacts’ elements within an evaluation panel. Our findings show that a distributed ledger application for the regional label ecosystem should have an open and decentralized architecture giving all participants full access to the shared data while still providing security and privacy for sensitive data. Additionally, data capturing should be simple. However, such an application does not add sufficient economic value and is currently of no practical interest in the regional label ecosystem as the expenditure likely exceeds the benefit.
Saša Malešević; Michael Lustenberger; Florian Spychiger. Applying Distributed Ledger Concepts to a Swiss Regional Label Ecosystem. Logistics 2020, 4, 32 .
AMA StyleSaša Malešević, Michael Lustenberger, Florian Spychiger. Applying Distributed Ledger Concepts to a Swiss Regional Label Ecosystem. Logistics. 2020; 4 (4):32.
Chicago/Turabian StyleSaša Malešević; Michael Lustenberger; Florian Spychiger. 2020. "Applying Distributed Ledger Concepts to a Swiss Regional Label Ecosystem." Logistics 4, no. 4: 32.
Whether or not blockchain technology adds value to supply chains is a highly controversial topic. It has been lauded as the technology that brings transparency and efficiency to supply chains. However, others find this view overly optimistic. In this paper, we aim to add more insight into the issue by applying an action design research approach. We develop and evaluate two artifacts in collaboration with companies and use the results to conclude how blockchain technology can help overcome issues in the current supply chain information flow. It shows that blockchains can provide a shared trust base and a common standard that allows for increased information exchange between supply chain partners. Based on our findings, we propose a research agenda for studying blockchain technology with a stronger focus on governance mechanism and transparency issues.
Michael Lustenberger; Florian Spychiger; Sasa Malesevic. Towards a Better Understanding of the Value of Blockchains in Supply Chain Management. Objects, Components, Models and Patterns 2020, 101 -112.
AMA StyleMichael Lustenberger, Florian Spychiger, Sasa Malesevic. Towards a Better Understanding of the Value of Blockchains in Supply Chain Management. Objects, Components, Models and Patterns. 2020; ():101-112.
Chicago/Turabian StyleMichael Lustenberger; Florian Spychiger; Sasa Malesevic. 2020. "Towards a Better Understanding of the Value of Blockchains in Supply Chain Management." Objects, Components, Models and Patterns , no. : 101-112.