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Circular supply chain management with blockchain technology: A dynamic capabilities view

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  • Meier, Oliver
  • Gruchmann, Tim
  • Ivanov, Dmitry

Abstract

Achieving a circular economy (CE) is considered one of the most significant challenges of our time, as environmental challenges and social discrepancies keep increasing. While companies need to transform their supply chains towards sustainability and circularity, implementing CE concepts into practice is not straightforward and requires technical and non-technical capabilities, referring to dynamic capabilities. One of the most promising digital technologies for improving sustainability and circularity is blockchain. However, the literature on relationships between blockchain technology (BCT), sustainability, and the CE is still in its infancy. This study illustrates how BCT can help implement circular supply chain management (CSCM) from a dynamic capabilities perspective. A multiple case study approach examines how BCT’s potential impacts CSCM. Building on the case evidence, necessary dynamic capabilities are deduced for successful CE implementations with BCT. The analysis demonstrates that supply chain traceability and related sensing capabilities are major benefits of BCT-driven CSCM. Thus, we contribute to theory by examining which dynamic capabilities need to be developed when realizing CSCM through BCT. The results indicate that the BCT potentials depend on the business model pointing to certain contingencies.

Suggested Citation

  • Meier, Oliver & Gruchmann, Tim & Ivanov, Dmitry, 2023. "Circular supply chain management with blockchain technology: A dynamic capabilities view," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 176(C).
    • Handle: RePEc:eee:transe:v:176:y:2023:i:c:s1366554523001655
    DOI: 10.1016/j.tre.2023.103177
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    Citations

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    Cited by:

    1. Esam Salamah & Ahmad Alzubi & Azmiye Yinal, 2023. "Unveiling the Impact of Digitalization on Supply Chain Performance in the Post-COVID-19 Era: The Mediating Role of Supply Chain Integration and Efficiency," Sustainability, MDPI, vol. 16(1), pages 1-30, December.
    2. Davies, Jennifer & Sharifi, Hossein & Lyons, Andrew & Forster, Rick & Elsayed, Omar Khaled Shokry Mohamed, 2024. "Non-fungible tokens: The missing ingredient for sustainable supply chains in the metaverse age?," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 182(C).
    3. Truant, Elisa & Giordino, Daniele & Borlatto, Edoardo & Bhatia, Meena, 2024. "Drivers and barriers of smart technologies for circular economy: Leveraging smart circular economy implementation to nurture companies' performance," Technological Forecasting and Social Change, Elsevier, vol. 198(C).
    4. Alora, Aswin & Sahoo, Poonam & Sasidharan, Aghila, 2024. "Central bank digital currency adoption challenges- The case of an emerging nation," Finance Research Letters, Elsevier, vol. 59(C).
    5. Simon Wong & John Kun Woon Yeung & Yui-Yip Lau & Tomoya Kawasaki & Raymond Kwong, 2024. "A Critical Literature Review on Blockchain Technology Adoption in Supply Chains," Sustainability, MDPI, vol. 16(12), pages 1-40, June.
    6. Chervenkova, Tanya & Ivanov, Dmitry, 2023. "Adaptation strategies for building supply chain viability: A case study analysis of the global automotive industry re-purposing during the COVID-19 pandemic," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 177(C).

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