IDEAS home Printed from https://ideas.repec.org/a/gam/jmathe/v12y2024i10p1511-d1393409.html
   My bibliography  Save this article

Leveraging Blockchain for Maritime Port Supply Chain Management through Multicriteria Decision Making

Author

Listed:
  • Claudia Durán

    (Departamento de Ingeniería Industrial, Universidad Tecnológica Metropolitana, Santiago 7800002, Chile)

  • Amir Karbassi Yazdi

    (Departamento de Ingeniería Industrial y de Sistemas, Facultad de Ingeniería, Universidad de Tarapacá, Arica 1010069, Chile)

  • Iván Derpich

    (Department of Industrial Engineering, Universidad de Santiago de Chile, Santiago 916000, Chile)

  • Yong Tan

    (School of Management, University of Bradford, Bradford BD7 1DP, UK)

Abstract

This research investigates the optimal integration of Blockchain Technology (BT) in Supply Chain Management (SCM) within Chile’s maritime ports. Utilizing fuzzy Logarithmic Methodology of Additive Weights (LMAW) and Double Normalization-based Multiple Aggregation Methods (DNMA), the study systematically identifies, prioritizes, and ranks key factors influencing BT adoption in SCM. The study’s findings highlight crucial factors like enhanced transaction security, good supply chain practices, and risk management. Furthermore, it ranks the application of ports as prime candidates for BT integration. The research contributes theoretically by developing a hybrid model combining MCDA methods, and practically by guiding the strategic application of BT in the maritime logistics sector, aligning with the principles of Industry 5.0. This paper presents a novel approach that explores the utilization of BT in maritime supply chain management, incorporating MCDA in a vague environment. The research gap of this study lies in defining new contexts in both theoretical and practical literature reviews for extending the use of BT in SCM in the ports of Chile, according to Industry 5.0, to increase the efficiency and effectiveness of all aspects of operations in these places. The contribution of this research is applying hybrid MCDA methods in an uncertain environment to assist decision-makers (DMs) in better implementing BT in SCM in Chilean ports, according to Industry 5.0.

Suggested Citation

  • Claudia Durán & Amir Karbassi Yazdi & Iván Derpich & Yong Tan, 2024. "Leveraging Blockchain for Maritime Port Supply Chain Management through Multicriteria Decision Making," Mathematics, MDPI, vol. 12(10), pages 1-23, May.
    • Handle: RePEc:gam:jmathe:v:12:y:2024:i:10:p:1511-:d:1393409
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7390/12/10/1511/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2227-7390/12/10/1511/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Marija Jović & Edvard Tijan & Dražen Žgaljić & Saša Aksentijević, 2020. "Improving Maritime Transport Sustainability Using Blockchain-Based Information Exchange," Sustainability, MDPI, vol. 12(21), pages 1-19, October.
    2. I. Argyriou & N. Sifakis & T. Tsoutsos, 2022. "Ranking measures to improve the sustainability of Mediterranean ports based on multicriteria decision analysis: a case study of Souda port, Chania, Crete," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(5), pages 6449-6466, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Suneet Singh & Ashish Dwivedi & Saurabh Pratap, 2023. "Sustainable Maritime Freight Transportation: Current Status and Future Directions," Sustainability, MDPI, vol. 15(8), pages 1-23, April.
    2. Michael Paul Kramer & Linda Bitsch & Jon Hanf, 2021. "Blockchain and Its Impacts on Agri-Food Supply Chain Network Management," Sustainability, MDPI, vol. 13(4), pages 1-22, February.
    3. Bernard Aritua & Clemens Wagener & Norbert Wagener & Michał Adamczak, 2021. "Blockchain Solutions for International Logistics Networks along the New Silk Road between Europe and Asia," Logistics, MDPI, vol. 5(3), pages 1-14, August.
    4. Arim Park & Huan Li, 2021. "The Effect of Blockchain Technology on Supply Chain Sustainability Performances," Sustainability, MDPI, vol. 13(4), pages 1-18, February.
    5. Jieyin Lyu & Fuli Zhou & Yandong He, 2023. "Digital Technique-Enabled Container Logistics Supply Chain Sustainability Achievement," Sustainability, MDPI, vol. 15(22), pages 1-28, November.
    6. Changhee Lee & Yulseong Kim & Youngran Shin, 2021. "Data Usage and the Legal Stability of Transactions for the Commercial Operation of Autonomous Vessels Based on Digital Ownership in Korean Civil Law," Sustainability, MDPI, vol. 13(15), pages 1-18, July.
    7. Cezary Mańkowski & Jędrzej Charłampowicz, 2021. "Managing Maritime Container Ports’ Sustainability: A Reference Model," Sustainability, MDPI, vol. 13(18), pages 1-15, September.
    8. Roth, Tamara & Utz, Manuel & Baumgarte, Felix & Rieger, Alexander & Sedlmeir, Johannes & Strüker, Jens, 2022. "Electricity powered by blockchain: A review with a European perspective," Applied Energy, Elsevier, vol. 325(C).
    9. Laima Gerlitz & Christopher Meyer & Lawrence Henesey, 2024. "Sourcing Sustainability Transition in Small and Medium-Sized Ports of the Baltic Sea Region: A Case of Sustainable Futuring with Living Labs," Sustainability, MDPI, vol. 16(11), pages 1-38, May.
    10. Balci, Gökcay & Surucu-Balci, Ebru, 2021. "Blockchain adoption in the maritime supply chain: Examining barriers and salient stakeholders in containerized international trade," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 156(C).
    11. Abdelghani Bekrar & Abdessamad Ait El Cadi & Raca Todosijevic & Joseph Sarkis, 2021. "Digitalizing the Closing-of-the-Loop for Supply Chains: A Transportation and Blockchain Perspective," Sustainability, MDPI, vol. 13(5), pages 1-25, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jmathe:v:12:y:2024:i:10:p:1511-:d:1393409. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.