The Potential Role of Blockchain in Supply Chain Management in the Automotive Industry

Author:

Teixeira Catarina1,Bessa Gabriela1,Ricardo Inês1,Ferreira Mariana1,Martins Rafaela1,Barbosa Belem1ORCID

Affiliation:

1. University of Porto, Portugal

Abstract

The complexity of automotive supply chain management presents significant challenges, demanding rigorous coordination of tasks to ensure efficiency in its operations. This chapter examines the potential benefits of adopting blockchain technology in supply chain management. The study employs a case study methodology, focusing on a prominent European automotive company that, compared to its major competitors, appears hesitant to integrate blockchain into its supply chain management practices. The analysis relies on secondary data and utilizes a range of strategic analysis tools to gain deeper insights into the advantages that blockchain technology could offer in supply chain management. Based on the findings, this chapter offers 12 strategic recommendations pertaining to blockchain technology, which can aid the company in addressing various management issues by enhancing security, efficiency, and technological advancements.

Publisher

IGI Global

Reference42 articles.

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