Cost Benefit Analysis Of A Blockchain Based Supply Chain Finance Solution

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Cost-benefit Analysis of a Blockchain-based Supply Chain Finance Solution

Author : Patara Panuparb
Publisher :
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4.:/5 (111 download)

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Book Synopsis Cost-benefit Analysis of a Blockchain-based Supply Chain Finance Solution by : Patara Panuparb

Download or read book Cost-benefit Analysis of a Blockchain-based Supply Chain Finance Solution written by Patara Panuparb and published by . This book was released on 2019 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past few years, blockchain technology has shown great potential to disrupt existing supply chain finance solutions, as it could increase the efficiency of invoice processing and provide a more transparent and secure transactions. However, the costs and benefits of implementing blockchain technology in supply chain finance for involved parties are still unclear, since research on the topic is scarce. This thesis explores the net value of implementing blockchain technology in supply chain finance arrangement by using cost-benefit analysis. A cost-benefit model and the operating processes of traditional and blockchain-based supply chain finance solutions are proposed and applied to a real-world case study. We prove that blockchain technology increases the total net benefit among involved parties participating in the supply chain finance arrangement as a result of improved efficiency of invoice processing. We also find that suppliers would benefit from blockchain-based supply chain finance if the benefit from the unlocked working capital outweighs the cost of the platform fee. Another finding is that the buyer does not benefit from the technology in terms of unlocked working capital.

Supply Chain Finance and Blockchain Technology

Author : Erik Hofmann
Publisher : Springer
ISBN 13 : 3319623710
Total Pages : 96 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Supply Chain Finance and Blockchain Technology by : Erik Hofmann

Download or read book Supply Chain Finance and Blockchain Technology written by Erik Hofmann and published by Springer. This book was released on 2017-08-03 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates how the Blockchain Technology (BCT) for Supply Chain Finance (SCF) programs allows businesses to come together in partnerships and accelerate cash flows throughout the supply chain. BCT promises to change the way individuals and corporations exchange value and information over the Internet, and is perfectly positioned to enable new levels of collaboration among the supply chain actors. The book reveals new opportunities stemming from the application of BCT to SCF financing solutions, particularly reverse factoring – or approved payables financing. To do so, it first identifies the principal barriers and pain points in delivering financing solutions. Then, a possible blockchain-driven supply chain model is defined. Using this framework, the book subsequently discusses relevant use cases for the technology, which could open up new opportunities in the SCF space. It demonstrates that blockchain and distributed ledgers technologies could deliver substantial benefits for all parties involved in SCF transactions, promising to expedite the processes and lower the overall costs of financing programs. Industry giants such as IBM, Maersk, China-based Dianrong and FnConn (a Foxconn subsidiary) are currently working to digitize the global, cross-border supply chain using blockchain technology, and will likely soon create blockchain platforms for supply chain finance. These solutions aim to reduce complexity and make data sharing more secure, accurate and efficient. This book offers a highly topical resource for stakeholders across the entire supply chain, helping them prepare for the upcoming technological revolution.

Achieving Secure and Transparent Supply Chains With Blockchain Technology

Author : Khan, Mustafa Rehman
Publisher : IGI Global
ISBN 13 :
Total Pages : 363 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Achieving Secure and Transparent Supply Chains With Blockchain Technology by : Khan, Mustafa Rehman

Download or read book Achieving Secure and Transparent Supply Chains With Blockchain Technology written by Khan, Mustafa Rehman and published by IGI Global. This book was released on 2024-01-18 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: The advent of Industry Revolution 5.0 has brought unprecedented challenges to supply chain management, compromising the effectiveness, transparency, and security of operations. Traditional methods of transaction management and data sharing prove inadequate in this complex landscape, necessitating a comprehensive solution. Editors Mustafa Khan, Naveed R. Khan, and Arsalan Ghouri present Achieving Secure and Transparent Supply Chains With Blockchain Technology, an edited collection that offers a groundbreaking solution. This book provides a thorough overview of blockchain technology and its potential to enhance supply chain efficiency, security, and resilience. By leveraging its decentralized and secure platform, blockchain emerges as a transformative technology capable of revolutionizing supply chain management. With a focus on contemporary theoretical frameworks and the latest empirical findings, this book equips academics, practitioners, policymakers, researchers, professionals, and students with the knowledge needed to harness the power of blockchain technology in supply chain management. Covering diverse topics such as traceability, resilience, sustainability, and ethical sourcing, it explores the wide-ranging applications of blockchain in achieving secure and transparent supply chains. Achieving Secure and Transparent Supply Chains With Blockchain Technology serves as an indispensable resource for individuals involved in the field, offering a comprehensive guide to unlock the potential of secure and transparent supply chains in the digital age. With its forward-thinking approach and diverse perspectives, this book paves the way for a future where blockchain technology revolutionizes the management of supply chains.

Blockchain and Supply Chain Management

Author : Nir Kshetri
Publisher : Elsevier
ISBN 13 : 0323899358
Total Pages : 264 pages
Book Rating : 4.3/5 (238 download)

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Book Synopsis Blockchain and Supply Chain Management by : Nir Kshetri

Download or read book Blockchain and Supply Chain Management written by Nir Kshetri and published by Elsevier. This book was released on 2021-03-03 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain and Supply Chain Management combines discussions of blockchain and supply chains, linking technologies such as artificial intelligence, Internet of Things, satellite imagery, and machine vision. The book examines blockchain’s basic concepts, relevant theories, and its roles in meeting key supply chain objectives. The book addresses problems related to inefficiency, opacity, and fraud, helping the digitization process, simplifying the value creation process, and facilitating collaboration. The book is balanced between blockchain and supply chain application and theory, covering the latest technological, organizational and regulatory developments in blockchain from a supply chain perspective. The book discusses the opportunities, barriers, and enablers of blockchain in supply chain policy, along with legal and ethical implications. Supply chain management faces massive disruption with the dynamic changes in global trade, the impact of Covid-19, and technological innovation. Entire industries are also being transformed by blockchain, with some of the most promising applications in supply chain management. Provides theoretical and practical insights into both blockchain and supply chains Features numerous illustrative case studies, boxes, tables, and figures Examines blockchain's impacts on supply chains in four key industries: Food and beverage, healthcare, pharmaceuticals, and finance

Blockchain technology. Future for supply chains?

Author : Klaus Spicher
Publisher : GRIN Verlag
ISBN 13 : 3346244121
Total Pages : 16 pages
Book Rating : 4.3/5 (462 download)

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Book Synopsis Blockchain technology. Future for supply chains? by : Klaus Spicher

Download or read book Blockchain technology. Future for supply chains? written by Klaus Spicher and published by GRIN Verlag. This book was released on 2020-09-10 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2017 in the subject Engineering - Computer Engineering, , language: English, abstract: This paper is about a new supply chain model that has been developed using some Blockchain features. The model represents a cooperative platform structure including financing and promising a significant cost saving potential. The first section covers a description of the blockchain technology addressing readers not deeply familiar with the necessary blockchain terminology and details for understanding the potential impact on business applications and Logistics / Supply Chains. In the recent past first blockchain applications concentrated on the financial sector, resulting in disruptive business models FinTechs challenging primarily banks and other legacy systems depending on trusted intermediaries like insurances or notaries. The spectrum of blockchain attributes enables this technology being applied in other business sectors, like Healthcare, Energy, Telco, Real Estate and Retail. Now, the logistics / supply chain area enjoys rather high attention. The report summarizes actual initiatives and pilot applications. Finally, the report proposes an innovative supply chain structure based on blockchain technology for discussion.

Enterprise Strategy for Blockchain

Author : Ravi Sarathy
Publisher : MIT Press
ISBN 13 : 0262047160
Total Pages : 306 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Enterprise Strategy for Blockchain by : Ravi Sarathy

Download or read book Enterprise Strategy for Blockchain written by Ravi Sarathy and published by MIT Press. This book was released on 2022-10-11 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: How companies can gain strategic advantage by developing blockchain capabilities. Blockchain is far more than cryptocurrency. Regarded for a decade as complex and with limited application, blockchain has now matured to be on the verge of fully realizing its disruptive potential. In Enterprise Strategy for Blockchain, business strategy expert Ravi Sarathy shows how companies can gain competitive advantage by developing and deploying blockchain capabilities. Sarathy explains what makes blockchain unique, including its capacities to eliminate intermediaries, guard against hackers, decentralize, and protect privacy. Presenting examples drawn from such sectors as finance, supply chains, computer services, consumer products, and entertainment, he describes how executives can strategically assess blockchain’s applicability to their business. After outlining blockchain’s technological features—and its technological obstacles—Sarathy describes disruptive technologies already happening in the financial services market with the emergence of decentralized finance, or DeFi, arguing that a wave of innovation might be positioning DeFi as blockchain’s “killer app.” He also explores, among many other uses, a blockchain application that addresses chronic supply chain problems, pilot blockchain programs aimed at facilitating cross-border payments, and the use of NFTs (non-fungible tokens) that allow digital art to be collected and traded. And he outlines a path for organizations that includes establishing a business case for applying blockchain, evaluating enterprise cost-benefits, and preparing the organization to develop the requisite knowledge and people skills while overcoming resistance to change. Business leaders should invest, explore and experiment with blockchain now, positioning their organizations to be first in their fields, ahead of both rising startups and late-to-the game incumbent peers.

Analysis and Optimization of Supply Chain Finance Management Based on Big Data in E-Commerce

Author : Jaykar Jadhav
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (139 download)

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Book Synopsis Analysis and Optimization of Supply Chain Finance Management Based on Big Data in E-Commerce by : Jaykar Jadhav

Download or read book Analysis and Optimization of Supply Chain Finance Management Based on Big Data in E-Commerce written by Jaykar Jadhav and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the Internet has become more widely available, e-commerce and online shopping have thrived, making it simpler than ever for consumers and sellers to do business online. With the rise of e-commerce, there has been a corresponding increase in the need for a foolproof proof of delivery system for both customers and sellers. To verify delivery, the existing system relies only on a third party. As a result, there is now a possible vulnerability in the system. Currently available evidence from distribution channels demonstrates their transparency, openness, and traceability. The distributed ledger known as the blockchain makes it possible to have a system that is easily transferred across locations, subject to audit, and reliable. Supply chain issues may be mitigated in a number of ways, and one approach is to use the Ethereum blockchain. This solution uses a smart contract on the Ethereum blockchain to independently confirm that a package has been delivered from a seller to a buyer. Each user, including shoppers, merchants, and couriers, must sign up for an account before they may use the Web application. The seller then provides a catalog of products for customers to peruse. Messenger service is chosen according to the sentiment analysis, and payment is made in ethers at the moment of delivery.

Supply Chain Finance Solutions

Author : Erik Hofmann
Publisher : Springer
ISBN 13 : 9783642175657
Total Pages : 85 pages
Book Rating : 4.1/5 (756 download)

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Book Synopsis Supply Chain Finance Solutions by : Erik Hofmann

Download or read book Supply Chain Finance Solutions written by Erik Hofmann and published by Springer. This book was released on 2011-03-28 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book “Supply Chain Finance Solutions” offers orientation in the new discipline of Supply Chain Finance (SCF) by investigating the need for and nature of SCF, along with its characteristics and enablers. Due to the novelty of the Supply Chain Finance approach, there are still many knowledge gaps. This lack of research leads to uncertainties about the successful implementation of SCF solutions within companies as there is little quantified evidence on the achievable cost savings and other potential benefits. The authors close this gap by providing the latest information on business concepts and the SCF market. Based on a sample SCF model, the worldwide market size for such solutions and potential cost savings to companies engaged in SCF are analyzed. The work underlines the generally agreed-upon attractiveness and future relevance of SCF solutions by creating win-win situations; for all actors in the end-to-end supply chain as well as for external service providers.

An Industry Study of Blockchain Technology's Impact on Trade Finance

Author : Daniel Hellwig
Publisher :
ISBN 13 :
Total Pages : 9 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis An Industry Study of Blockchain Technology's Impact on Trade Finance by : Daniel Hellwig

Download or read book An Industry Study of Blockchain Technology's Impact on Trade Finance written by Daniel Hellwig and published by . This book was released on 2019 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain's transformational potential has been heralded across several industries, with some enthusiastic voices comparing its foreseeable impact to that of the essential internet communication protocol TCP-IP. Several enterprises have since adopted distributed ledger technology (DLT)-based approaches as part of their operational procedures, with a view on blockchain as a magic bullet for addressing existing operational inefficiencies, improving transparency, and creating new products. However, in the absence of large-scale feasibility studies and data-based quantifications of the impact of blockchain-based technologies, companies are jumping into early-stage proof-of-concept (POC) projects without clearly-defined key performance indicators or goals for the expected return on investment; efficiency claims and reports of lessons learned are similarly lacking. A quantitative assessment of (1) the nature of a successful application of blockchain technology for supply chain and trade finance, and (2) the current market's perceived benefits, key challenges, and expected horizons of blockchain is therefore sorely needed. Here we present an empirical study of the industry's perception of blockchain-based innovation and potential for value creation for supply chain and trade finance. Our survey results show that, while industry experts across all regions view the technology and the value it can provide to streamline and simplify trade finance processes favorably, none of the study's participants have yet realized any financial or customer-value benefit. Indeed, despite predictions, no tangible savings appear to have been realized to date. Furthermore, while initial technical proof-of-concept (POC) implementations of blockchain have been executed without major difficulties, we find that challenges associated with broader-scale adoption remain unaddressed. Notably, coordinating the simultaneous adoption of a shared solution by different stakeholders remains a formidable challenge, thus hampering the potential large-scale adoption of blockchain technology.

On the Financing Benefits of Supply Chain Transparency and Blockchain Adoption

Author : Jiri Chod
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis On the Financing Benefits of Supply Chain Transparency and Blockchain Adoption by : Jiri Chod

Download or read book On the Financing Benefits of Supply Chain Transparency and Blockchain Adoption written by Jiri Chod and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We develop a theory that shows signaling a firm's fundamental quality (e.g., its operational capabilities) to lenders through inventory transactions to be more efficient--it leads to less costly operational distortions--than signaling through loan requests, and we characterize how the efficiency gains depend on firm operational characteristics such as operating costs, market size, and inventory salvage value. Signaling through inventory being only tenable when inventory transactions are verifiable at low enough cost, we then turn our attention to how this verifiability can be achieved in practice and argue that blockchain technology could enable it more efficiently than traditional monitoring mechanisms. To demonstrate, we develop b_verify, an open-source blockchain protocol that leverages Bitcoin to provide supply chain transparency at scale and in a cost effective way. The paper identifies an important benefit of blockchain adoption--by opening a window of transparency into a firm's supply chain, blockchain technology furnishes the ability to secure favorable financing terms at lower signaling costs. Furthermore, the analysis of the preferred signaling mode sheds light on what types of firms or supply chains would stand to benefit the most from this use of blockchain technology.

Costs and Benefits of Supply Chain Finance Solutions: is it Always Worth It?

Author : Agostino Bonzani
Publisher :
ISBN 13 : 9789082480924
Total Pages : 40 pages
Book Rating : 4.4/5 (89 download)

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Book Synopsis Costs and Benefits of Supply Chain Finance Solutions: is it Always Worth It? by : Agostino Bonzani

Download or read book Costs and Benefits of Supply Chain Finance Solutions: is it Always Worth It? written by Agostino Bonzani and published by . This book was released on 2018 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Proceedings of the 26th International Symposium on Advancement of Construction Management and Real Estate

Author : Hongling Guo
Publisher : Springer Nature
ISBN 13 : 9811952566
Total Pages : 1687 pages
Book Rating : 4.8/5 (119 download)

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Book Synopsis Proceedings of the 26th International Symposium on Advancement of Construction Management and Real Estate by : Hongling Guo

Download or read book Proceedings of the 26th International Symposium on Advancement of Construction Management and Real Estate written by Hongling Guo and published by Springer Nature. This book was released on 2022-09-01 with total page 1687 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book of CRIOCM 2021 (26th International Conference on Advancement of Construction Management and Real Estate) presents the latest developments in real estate and construction management around the globe. The conference was organized by the Chinese Research Institute of Construction Management (CRIOCM) working in close collaboration with Tsinghua University. Written by international academics and professionals, the book discusses the latest achievements, research findings and advances in frontier disciplines in the field of construction management and real estate. Covering a wide range of topics, including building information modeling, big data, geographic information systems, housing policies, management of infrastructure projects, intelligent construction and smart city, real estate finance and economics and urban planning and sustainability, the discussions provide valuable insights into the implementation of advanced construction project management and real estate market in China and abroad. The book offers an outstanding resource for academics and professionals.

Supply Chain Finance

Author : Lima Zhao
Publisher : Springer
ISBN 13 : 3319766635
Total Pages : 192 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis Supply Chain Finance by : Lima Zhao

Download or read book Supply Chain Finance written by Lima Zhao and published by Springer. This book was released on 2018-05-02 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook presents a coherent and robust structure for integrated risk management in the context of operations and finance. It explains how the operations-finance interface jointly optimizes material and financial flows under intricate risk exposures. The book covers financial flexibility, operational hedging, enterprise risk management (ERM), supply chain risk management (SCRM), integrated risk management (IRM), supply chain finance (SCF), and financial management of supply chain strategies. Both qualitative and quantitative approaches – including conceptualization, theory building, analytical modeling, and empirical research – are used to assess the value creation by integrating operations and finance. “This book provides a comprehensive description of the interactions between finance and operations and of how managers can best make decisions in recognition of these effects.” John R. Birge, University of Chicago“Supply chain finance is an emerging area where innovations can unlock great values to complement the advances in information and physical flows of supply chain.” Hau L. Lee, Stanford University“This book provides an excellent overview of supply chain finance and its most recent advances.” Jan A. Van Mieghem, Northwestern University“This book is indispensable for advanced students as well as practitioners when looking for a pedagogical sound and scientific rigorous approach to Supply Chain Finance.” Ralf W. Seifert, IMD/EPFL“The book advances our knowledge on the interface between operations and finance and provides managerial guidelines for effective risk management in the supply chain.” Xiande Zhao, CEIBS

Blockchain-enabled Supply Chain Finance Solutions for Logistics Service Providers

Author : Tanja Brink
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (18 download)

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Book Synopsis Blockchain-enabled Supply Chain Finance Solutions for Logistics Service Providers by : Tanja Brink

Download or read book Blockchain-enabled Supply Chain Finance Solutions for Logistics Service Providers written by Tanja Brink and published by . This book was released on 2018 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook of Research on Blockchain Technology

Author : Saravanan Krishnan
Publisher : Academic Press
ISBN 13 : 012820415X
Total Pages : 478 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis Handbook of Research on Blockchain Technology by : Saravanan Krishnan

Download or read book Handbook of Research on Blockchain Technology written by Saravanan Krishnan and published by Academic Press. This book was released on 2020-02-04 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Research on Blockchain Technology presents the latest information on the adaptation and implementation of Blockchain technologies in real world business, scientific, healthcare and biomedical applications. The book's editors present the rapid advancements in existing business models by applying Blockchain techniques. Novel architectural solutions in the deployment of Blockchain comprise the core aspects of this book. Several use cases with IoT, biomedical engineering, and smart cities are also incorporated. As Blockchain is a relatively new technology that exploits decentralized networks and is used in many sectors for reliable, cost-effective and rapid business transactions, this book is a welcomed addition on existing knowledge. Financial services, retail, insurance, logistics, supply chain, public sectors and biomedical industries are now investing in Blockchain research and technologies for their business growth. Blockchain prevents double spending in financial transactions without the need of a trusted authority or central server. It is a decentralized ledger platform that facilitates verifiable transactions between parties in a secure and smart way. Presents the evolution of blockchain, from fundamental theories, to present forms Explains the concepts of blockchain related to cloud/edge computing, smart healthcare, smart cities and Internet of Things (IoT) Provides complete coverage of the various tools, platforms and techniques used in blockchain Explores smart contract tools and consensus algorithms Covers a variety of applications with real world case studies in areas such as biomedical engineering, supply chain management, and tracking of goods and delivery

Blockchain for Supply Chains and International Trade

Author : Bertrand Copigneaux
Publisher :
ISBN 13 : 9789284665303
Total Pages : pages
Book Rating : 4.6/5 (653 download)

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Book Synopsis Blockchain for Supply Chains and International Trade by : Bertrand Copigneaux

Download or read book Blockchain for Supply Chains and International Trade written by Bertrand Copigneaux and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain could benefit Blockchain for supply chains and international trade chain management and international trade processes. See the new STOA study of potential use cases, their impacts, and potential policy responses. Blockchain technology could be valuable for supply chain management and international trade processes which require cooperation and trust between several actors arranged in complex relationships across different regulatory frameworks. Blockchain could facilitate of trade through a combination of digitalisation, information exchange and automation, reducing costs and increasing transparency. Blockchain could facilitate SME's access to trade and trade finance, as well as consumers' access to product information with could enable more ethical and environmentally responsible choices. There are no major technical barriers to the use of some types of blockchain solution for some elements of trade. Many of the benefits of blockchain for trade derive from digitalisation, which could be achieved through other means. There remain substantial barriers to digitalisation of trade processes. Barriers to blockchain in supply chains and international trade include legal recognition, data localisation, identification of applicable laws, allocation of liability, and interoperability and standardisation across various economic operators and regulatory frameworks. 20 policy options for blockchain in supply chains and international trade including supporting customs facilitation, sustainable trade, SME involvement, leadership in standardisation, evidence-based policy and awareness raising.

A Book About Blockchain

Author : Rajat Rajbhandari
Publisher : Business Expert Press
ISBN 13 : 1953349390
Total Pages : 271 pages
Book Rating : 4.9/5 (533 download)

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Book Synopsis A Book About Blockchain by : Rajat Rajbhandari

Download or read book A Book About Blockchain written by Rajat Rajbhandari and published by Business Expert Press. This book was released on 2020-12-29 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes methods to transform existing business by using digitized trust that is industrialized at scale. Executives, consultants, and strategists are wondering how to participate in the blockchain economy. They are wondering whether new business models that will emerge because of this novel technology will disrupt theirs or whether they will ignore their businesses and create completely different models. In this book I answer all those questions. By the time you finish, you will understand what blockchain economy is, how to participate in it, and avoid being disrupted or, even worse, ignored. Drawing from my own experiences as research scientist and entrepreneur, the book describes methods to transform existing business by using digitized trust that is industrialized at scale.