Exploring Blockchain Research in Supply Chain Management: A Latent Dirichlet Allocation-Driven Systematic Review
Abstract
:1. Introduction
2. Methodology
2.1. Data Collection
2.2. Textual Data Preparation for LDA Analysis
2.3. Formulating the LDA Model and Establishing the Ideal Topic Quantity
2.4. Unveiling Themes: The LDA Procedure
2.5. Deep Dive into Scholarly Insights: Bibliometric Exploration
3. Findings
4. Discussion of Topics
4.1. Blockchain for Humanitarian Supply Chains
- Integration complexities: While blockchain’s potential is emphasized, there is a dearth of literature exploring the practical complexities of integrating blockchain into existing humanitarian SCM systems.
- Cultural and geopolitical factors: The current research primarily focuses on technological challenges, leaving a gap in understanding how cultural and geopolitical nuances can influence blockchain adoption in different humanitarian contexts.
- Comprehensive cost-benefit analysis: Given the discussed advantages of blockchain, a deeper understanding is required concerning the challenges and upfront costs, providing a balanced view.
- Synergies with other technologies: Investigate the optimal combination of blockchain with other technologies, such as AI and big data analytics for enhanced traceability and performance in humanitarian SCM.
- Training needs: With identified training deficits, future research could delve into the specifics of these needs, leading to the creation of standardized training modules for blockchain adoption in humanitarian settings.
4.2. Blockchain’s Impact on Pricing Strategies and Decision-Making in SCM
- Consumer-driven dynamics: While established retailers may benefit from moderate levels of privacy concerns and transparency, how might evolving consumer preferences and awareness change this balance in the future? This especially pertains to younger generations who might prioritize transparency over established brand trust.
- Detailed sectorial analysis: While healthcare, notably vaccine distribution, has been explored, how might other critical sectors, such as perishable goods or high-end luxury products, grapple with the challenges and opportunities blockchain presents?
- Ethical considerations in SCM: Tao et al. [82] hint at a potential compromise in product quality. This warrants a deeper investigation into the ethical ramifications of blockchain in SCM, especially in sectors where quality directly affects consumer well-being.
4.3. Blockchain’s Role in Supply Chain Finance
- Interdisciplinary approaches: With the confluence of deep learning and blockchain seen in Dang et al. [94], what other interdisciplinary amalgamations could be explored? For instance, how might quantum computing or the IoT further optimize SCF when combined with blockchain?
- SME-centric blockchains: Given the emphasis on SMEs, is there potential for specialized blockchain networks tailor-made for SME requirements in SCF? How would these networks differ from generic SCF-focused blockchains?
- Consumer perception and behavior: While the technical and enterprise facets of blockchain integration in SCF are studied extensively, there remains a gap in understanding how consumers perceive and react to blockchain-backed SCF systems. This is especially pertinent given the increasing consumer demand for transparency in financial matters.
- International regulations and compliance: The global nature of many supply chains makes this an imperative. How might differing regulatory environments across countries influence, or even inhibit, the universal adoption of blockchain in SCF? What sort of cross-border blockchain frameworks might emerge to ensure seamless SCF operations?
4.4. Blockchain in the Food Supply Chain
- Decentralization and ethical considerations: While blockchain’s decentralized nature can amplify traceability, it might also introduce new ethical concerns. For instance, how might data ownership play out when every stakeholder has equal access to the information? Can there be instances where too much transparency becomes counterproductive?
- Local vs. global supply chains: Does blockchain’s efficacy vary between local and global food supply chains? Are there unique challenges and benefits that manifest at different scales of operation?
- The role of cultural context: How do cultural attitudes towards food consumption, origin transparency and blockchain technology intersect? For instance, would blockchain-traceable products be equally valued across diverse cultures, or are there regional variations?
4.5. Blockchain-Enabled Traceability
- Implementation challenges: The literature provides a multitude of theoretical frameworks and models. However, there seems to be limited comprehensive analysis of real-world implementation challenges, including factors such as stakeholder resistance, infrastructural limitations, and the training required for blockchain users.
- Interdisciplinary collaboration: While there is a recognition of the cooperation between blockchain and other technologies, such as IoT, in the study of Pincheira et al. [110], there is a relative lack of in-depth exploration into how these integrations can be smoothly operationalized and scaled across industries.
- Economic implications: The economic feasibility of blockchain integration, including cost-benefit analyses, ROI evaluations, and long-term financial implications for businesses of various scales, is not deeply explored.
4.6. Challenges of Blockchain Implementations in SCM
- Government initiatives: The evident lack of government initiatives in some sectors, especially in the Indian healthcare system, suggests a need for studies on the role of regulatory bodies in facilitating blockchain adoption.
- Data management in SCM: The distinction between public and sensitive data, along with concerns of data access, storage, interoperability, and permanent operability, indicates a need for comprehensive models and frameworks specifically tailored for SCM.
- Complexity and compatibility: With multi-stakeholder perspectives revealing issues of compatibility with existing systems, research focusing on bridging legacy systems with new blockchain solutions may be beneficial.
4.7. Blockchain’s Impact on Supply Chain Sustainability and Performance
- Sector-specific sustainability metrics: While blockchain promotes sustainability across sectors, the exact metrics and benchmarks to measure ‘sustainability’ in each sector might differ. Research into defining and refining these metrics can add value.
- Evolution of green SCM practices: While blockchain is linked with enhanced green manufacturing, the trajectory and future stages of these green SCM practices, especially with the integration of newer technologies, need further exploration.
- Custom solutions for different business sizes: The challenges faced by micro, small, and medium enterprises (MSMEs) suggest a potential for blockchain solutions tailored to business size and capacity. Exploring how blockchain applications can be customized for different business scales is crucial.
4.8. Blockchain Adoption, Challenges, and Transformation in SCM
- Temporal evolution of blockchain adoption: While the current adoption challenges and benefits are explored, there is little insight into how these challenges and advantages might evolve over time. How will changing technological landscapes influence the dynamics of blockchain integration in the supply chains?
- Cross-industry comparative analysis: While individual sectors, such as the tea supply chain or the textile industry are explored, a direct comparative analysis between different sectors and their unique challenges or advantages in blockchain adoption might be lacking.
- SMEs vs. large corporations: Most studies might focus on larger supply chains or broad industry insights. How does blockchain adoption play out differently for SMEs compared to multinational corporations? What are the unique challenges or potentials for each?
- Cultural and geographical influences: How do cultural and regional factors influence the adoption of blockchain in supply chains? For instance, might the adoption barriers in the textile industry differ from one country or region to another?
4.9. Blockchain in E-Commerce Operations
- Behavioral response to blockchain adoption: With the rise of blockchain, how do consumers, retailers, and suppliers respond behaviorally to its adoption? Is there a measurable shift in trust or purchase behavior once consumers are aware of blockchain-backed authenticity checks?
- Economic impacts on SMEs: While large corporations might have the resources to integrate blockchain, how does this technology influence SMEs operating in cross-border e-commerce? Are the barriers to adoption different for them compared to industry giants?
- Integration with other emerging technologies: The integration of machine learning with blockchain, as mentioned, opens up the discussion on the potential synergies between blockchain and other emerging technologies, such as IoT or augmented reality. How can these technologies converge in the e-commerce landscape?
- Regulatory and compliance challenges: With different countries having varying regulations for e-commerce, how does blockchain navigate this complex web? Are there instances where the decentralized nature of blockchain conflicts with stringent regulatory norms?
4.10. Blockchain in Halal Food Supply Chain
- Halal traceability assurance: As blockchain’s transparency is championed in the halal food sector, is there a noticeable increase in consumer confidence and assurance levels when purchasing blockchain-certified halal products? How does it change consumer preferences and purchasing habits?
- Localization vs. globalization: In the context of halal food, how does blockchain adoption impact local producers versus global exporters? Are there unique challenges faced by local producers in Muslim-majority nations when integrating blockchain for halal certification?
- Cultural acceptance and tech adoption: Given the religious implications associated with halal, how do traditional communities perceive and embrace technological solutions such as blockchain? Does the blend of religious fidelity with technological innovation lead to enhanced or hindered acceptance?
- Halal blockchain startups and innovation: As blockchain emerges as a potential game-changer for halal certification, are there new startups or business models emerging to capitalize on this intersection? What innovations are they bringing to the table?
5. Conclusions, Implications, and Limitations
5.1. Theoretical Implications
- Deepening the niche areas: Given the peripheral status of topics such as blockchain’s role in humanitarian contexts and halal food chains, there is ample scope for in-depth exploration. Researchers could delve into the challenges, benefits, and strategies for integrating blockchain in these specific contexts, perhaps even devising specialized blockchain protocols tailored for these scenarios.
- Integration challenges and solutions: The integration of blockchain into existing supply chain structures seems to be a major point of contention. Future research could focus on identifying sector-specific challenges and propose actionable strategies or frameworks to facilitate smoother integration.
- Consumer perception and behavior: With the evident emphasis on traceability and the role of blockchain in ensuring product authenticity, understanding consumer perception towards blockchain-enabled products could be fertile ground for research. Are consumers willing to pay a premium for products verified by blockchain? What drives their trust in such products?
- Interdisciplinary studies: The interdisciplinary essence of blockchain applications in SCM, ranging from sustainability to economics, signals the possibility of collaborative studies. Combining insights from different academic lenses could lead to a more holistic understanding of blockchain’s role and potential in SCM.
- Economic ramifications of blockchain in SCM: Given the importance of pricing strategies and decision-making, studies that delve deeper into the long-term economic implications of blockchain in SCM would be beneficial. How does blockchain influence cost structures, profit margins, and competitive advantage in the long run?
- Evolutionary perspective: Tracking the temporal evolution of blockchain applications in SCM could provide valuable insights. How have theoretical perspectives and practical applications changed over time, and what does this evolution signal for the future?
5.2. Practical Implications
5.3. Research Limitations
Author Contributions
Funding
Data Availability Statement
Conflicts of Interest
References
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Number of Topics | Coherence Score |
---|---|
2 | 0.37496 |
6 | 0.34941 |
10 | 0.38051 |
14 | 0.35924 |
18 | 0.34930 |
22 | 0.33696 |
26 | 0.32426 |
30 | 0.32323 |
34 | 0.31902 |
38 | 0.33213 |
42 | 0.31877 |
46 | 0.32913 |
50 | 0.33280 |
Description | Results |
---|---|
Main information about the data | |
Timespan | 2017:2023 |
Sources (Journals, Books, etc.) | 253 |
Documents | 943 |
Average years from publication | 1.38 |
Average citations per document | 35.23 |
Average citations per year per doc | 10.63 |
References | 58,264 |
Document types | |
article | 868 |
article; early access | 8 |
review | 65 |
review; early access | 2 |
Document contents | |
Keywords Plus (ID) | 2497 |
Author’s Keywords (DE) | 2165 |
Authors | |
Authors | 2409 |
Author Appearances | 3317 |
Authors of single-authored documents | 46 |
Authors of multi-authored documents | 2363 |
Authors collaboration | |
Single-authored documents | 58 |
Documents per Author | 0.391 |
Authors per Document | 2.55 |
Co-Authors per Documents | 3.52 |
Collaboration Index | 2.67 |
Topic | Keywords | Theme |
---|---|---|
1 | 0.013*”HSC” + 0.010*”sharing” + 0.008*”coordination” + 0.007*”green” + 0.007*”driver” + 0.006*”knowledge” + 0.006*”humanitarian” + 0.006*”emergency” + 0.006*”solution” + 0.005*”commercial” | Blockchain for humanitarian supply chains |
2 | 0.052*”blockchain” + 0.036*”chain” + 0.034*”supply” + 0.019*”product” + 0.016*”information” + 0.014*”manufacturer” + 0.013*”retailer” + 0.013*”supplier” + 0.012*”cost” + 0.011*”model” | Blockchain’s impact on pricing strategies and decision-making in SCM |
3 | 0.030*”blockchain” + 0.020*”financing” + 0.019*”finance” + 0.018*”chain” + 0.015*”supply” + 0.015*”SCF” + 0.012*”system” + 0.012*”financial” + 0.011*”smart” + 0.010*”model” | Blockchain’s role in supply chain finance |
4 | 0.047*”food” + 0.023*”blockchain” + 0.018*”chain” + 0.017*”supply” + 0.014*”traceability” + 0.011*”intention” + 0.010*”system” + 0.010*”technology” + 0.010*”product” + 0.009*”adoption” | Blockchain in the food supply chain |
5 | 0.026*”chain” + 0.026*”blockchain” + 0.024*”supply” + 0.020*”data” + 0.017*”traceability” + 0.014*”system” + 0.012*”product” + 0.011*”transaction” + 0.010*”management” + 0.010*”SC” | Blockchain-enabled traceability |
6 | 0.031*”blockchain” + 0.014*”food” + 0.013*”analysis” + 0.012*”FSC” + 0.012*”technology” + 0.011*”system” + 0.010*”challenge” + 0.009*”application” + 0.008*”chain” + 0.007*”management” | Challenges of blockchain implementations in SCM |
7 | 0.018*”chain” + 0.017*”supply” + 0.016*”practice” + 0.015*”management” + 0.014*”sustainable” + 0.013*”blockchain” + 0.011*”performance” + 0.009*”barrier” + 0.007*”industry” + 0.007*”relationship” | Blockchain’s impact on supply chain sustainability and performance |
8 | 0.061*”blockchain” + 0.043*”supply” + 0.042*”chain” + 0.014*”technology” + 0.012*”management” + 0.009*”adoption” + 0.007*”industry” + 0.007*”application” + 0.006*”data” + 0.006*”challenge” | Blockchain adoption, challenges, and transformations in SCM |
9 | 0.059*”logistics” + 0.019*”service” + 0.017*”e-commerce” + 0.017*”trade” + 0.016*”transport” + 0.010*”customer” + 0.010*”cross-border” + 0.009*”delivery” + 0.008*”firm” + 0.008*”data” | Blockchain in e-commerce operations |
10 | 0.036*”halal” + 0.028*”food” + 0.016*”information” + 0.008*”system” + 0.007*”traceability” + 0.007*”consumer” + 0.007*”quality” + 0.006*”blockchain” + 0.006*”risk” + 0.006*”institutional” | Blockchain in halal food supply chain |
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© 2023 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
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Rejeb, A.; Rejeb, K.; Simske, S.; Keogh, J.G. Exploring Blockchain Research in Supply Chain Management: A Latent Dirichlet Allocation-Driven Systematic Review. Information 2023, 14, 557. https://doi.org/10.3390/info14100557
Rejeb A, Rejeb K, Simske S, Keogh JG. Exploring Blockchain Research in Supply Chain Management: A Latent Dirichlet Allocation-Driven Systematic Review. Information. 2023; 14(10):557. https://doi.org/10.3390/info14100557
Chicago/Turabian StyleRejeb, Abderahman, Karim Rejeb, Steve Simske, and John G. Keogh. 2023. "Exploring Blockchain Research in Supply Chain Management: A Latent Dirichlet Allocation-Driven Systematic Review" Information 14, no. 10: 557. https://doi.org/10.3390/info14100557
APA StyleRejeb, A., Rejeb, K., Simske, S., & Keogh, J. G. (2023). Exploring Blockchain Research in Supply Chain Management: A Latent Dirichlet Allocation-Driven Systematic Review. Information, 14(10), 557. https://doi.org/10.3390/info14100557