Blockchain in supply chain management in automotive industry: Systematic literature review

• Published in: Strategic management (Online) 2024, Vol.29 (1), p.16-28
• Main Authors: Vuković, Vuk, Tran, Anh, Marić, Radenko, Rashwan, Abdalla, Henningsen, Sebastian, Sliwa, Malgorzata, Ubiparipović, Bogdan
• Format: Article
• Language: English
• Subjects: automotive industry; blockchain technology (bt); digitalization; supply chain management (scm); systematic literature review
• ISSN: 1821-3448; 2334-6191
• DOI: 10.5937/StraMan2300044V

Background: Although Blockchain Technology (BT) is one of the innovations that has considerable potential to improve business processes and enable new services for potential users, its implementation in supply chain management (SCM) of the automotive industry is only at its beginnings. From the growing number of publications focused on this issue, it is evident that the application of BT would significantly contribute to the development of the automotive industry and improve the supply chain of automotive components. Purpose: In this regard, the paper aims to analyze the challenges to the implementation of BT in SCM in the automotive industry sector through a systematic review of the literature and precise definition of the advantages and limitations that appear in supply chains after the application of BT. Study design/methodology/approach: The research is based on the application of systematic literature review methods. The paper presents the results and conclusions of 21 studies based on the search criteria outlined by the Web of Science, Scopus, and SpringerLink index databases. Findings/conclusions: The results suggest that insufficiently developed technology, lack of clear guidelines for implementation, incomplete standardization, legislative ambiguity, conflicts and insufficient cooperation between chain members appear as the biggest challenges for BT implementation. On the other hand, BT has great potential in reducing costs, providing higher quality products and services, and improving chain visibility in the automotive industry. Limitations/future research: The analysis of the papers in the above mentioned databases exclusively in English and the absence of empirical research stand out as the most prominent shortcomings. However, the obtained results of this study represent a quality basis for future research, which, judging by the popularity of the issue, will increase in frequency.