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

Claudia Durán, Amir Karbassi Yazdi, Iván Derpich () and Yong Tan
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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

Mathematics, 2024, vol. 12, issue 10, 1-23

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.

Keywords: blockchain port logistics; multicriteria decision analysis; industry 5.0; supply chain management (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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