Digital Transformation of Supply Chain with Supportive Culture in Blockchain Environment

Shakila Akter, Mohammad Samiul Haque, Ashrafuzzaman Sohag, Md. Jahangir Alam Siddikee and Mohammad Zoynul Abedin ()
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Shakila Akter: Hajee Mohammad Danesh Science and Technology University
Mohammad Samiul Haque: Hajee Mohammad Danesh Science and Technology University
Ashrafuzzaman Sohag: Hajee Mohammad Danesh Science and Technology University
Md. Jahangir Alam Siddikee: Hajee Mohammad Danesh Science and Technology University
Mohammad Zoynul Abedin: Teesside University International Business School, Teesside University

A chapter in Novel Financial Applications of Machine Learning and Deep Learning, 2023, pp 17-33 from Springer

Abstract: Abstract This study aims to evaluate the effect and usefulness of digital transformation of supply chain management (SCM) on blockchain with a supportive culture. This paper explores the effect of blockchain on SCM under consideration of automated controls with smart contracts, fundamental attributes, cooperation, supportive culture, transparency and identification, and trust building. Here, this study finds that the supportive culture has great potential to boost the transformation of SCM rapidly and successfully. Blockchain technology has the potential to transmit the supply chain. Finally, this current study indicates that the transformation of SCM in blockchain with supportive culture has a positive impact on the success of organizations. Therefore, this study inspires policymakers and stakeholders to ensure a supportive environment to build a robust sustainable supply chain that will be traceable, more effective, and efficient.

Keywords: Digital transformation; Supportive culture; Supply chain management; Blockchain (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-3-031-18552-6_2

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DOI: 10.1007/978-3-031-18552-6_2

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