The goal of this research is to investigate blockchain technology’s influence on digitizing courier supply chains and advancing Industry 4.0, which leads the digitization revolution by integrating blockchain to digitize processes that would serve the circular economy. It evaluates how blockchain enhances transparency, traceability, and digital processes in logistics, promoting sustainability through waste reduction and improved reuse. The study aims to identify the benefits and challenges of blockchain integration, develop a conceptual framework, and provide actionable insights to improve supply chain management, operational efficiency, and sustainability. This research uses a qualitative research method including a literature review as well as interviews for case studies to explore both the benefits and challenges when applying blockchain technology in courier organizations in Industry 4.0 within the circular economy. The results show that blockchain technology can enhance the security, traceability, and efficiency of courier supply chains, reduce theft, error risk, and fraud, as well as facilitate specific process automation via smart contracts. Blockchain technology can support the digital transformation of logistics organizations and enhance circular economy networks in Industry 4.0 by enabling automation, transparency, traceability, and maintaining responsibility for the environment. This research is an exploration of the effect of blockchain technology on the courier supply chain in the logistics firms in Industry 4.0 within the circular economy and the development of a conceptual framework for usage. In addition, it capitalizes on both coordination and collaboration among players through decentralization to obtain maximum fruitful benefits.
This single case study examined how globalization shaped the sustainability of strategic management in Tazweed Venture Capital in Jordan. Qualitative evidence from six senior managers, triangulated with secondary sources, identified three dominant challenges: economic (47%; including competitiveness, regulation, and supply chains), environmental (25%; including waste management, degradation, and energy), and socio-cultural (28%; including language and time-zone frictions, regulatory diversity, and supplier alignment). In addition, the current study identified three opportunity clusters led by culture and society (45%; including partnerships, reputation, and innovation), followed by environment (30%; including renewable integration and footprint reduction) and economic (25%; including cost efficiencies and market expansion). Based on these findings, the study recommended (1) institutionalizing supplier sustainability due diligence and traceability; (2) adopting location-specific practices with measurable targets; (3) embedding cross-functional governance linked to key performance indicators; (4) leveraging partnerships and blended finance for renewables and circularity; and (5) formalizing risk-based Environmental, Social, and Governance (ESG) materiality screens for cross-border operations. The contribution is a practice-oriented framework that connects globalization pressures to sustainability initiatives and outcomes for venture capital actors in emerging economies.
This research explores and analyzes the challenges and opportunities due to globalization's impact on sustainable strategic management. The research uses a mixed-method design, combining primary and secondary data collection methods. Secondary data is sourced from various credible publications and analyzed through an extensive literature review. A case study approach is adopted, involving semi-structured interviews with six experienced managers from Tazweed Venture Capital in Jordan. The study employs a qualitative, descriptive, and analytical approach to develop a conceptual framework by exploring managers' experiences and perspectives on Globalization and its impact on Sustainable Strategic Management. The findings identify challenges of environmental degradation, economic inequality, transportation and logistics pressures, and compliance challenges for sustainability. While implementing sustainable practices incurs upfront costs, accessing renewable energy markets and financial support presents opportunities. Tazweed successfully implements sustainable strategic management, emphasizing stakeholder engagement and collaboration across departments. This research offers valuable insights and guidance for companies navigating globalization's impact on sustainability strategic management.