Aerospace supply chains using blockchain technology: implications for sustainable development goals

Azian, Ibrahim and Fernando, Yudi and Muhammad Shabir, Shaharudin and Ganesan, Yuvaraj and Noor Hazlina, Ahmad and Azlan, Amran and Lee, Khai Loon (2024) Aerospace supply chains using blockchain technology: implications for sustainable development goals. Foresight, ahead-of-print (ahead-of-print). pp. 1-17. ISSN 1463-6689. (In Press / Online First) (In Press / Online First)

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Abstract

Purpose: The interconnectedness of supply chain processes in the aerospace industry requires companies to operate with excellence and the ability to provide robust technologies such as blockchain technology (BCT) to aid supply chain productivity. This paper aims to examine the existing practices of aerospace supply chain management, identify how BCT is used in the aerospace supply chain and whether it affects environmental sustainability. Design/methodology/approach: The qualitative research approach was used, and an online interview with informants was undertaken to collect data. Findings: The findings demonstrate that BCT has a diverse function in achieving sustainable development goals. Practical implications: The manufacturing sector can be strengthened by successfully deploying BCT in aerospace supply chain management. It contributes to achieving sustainable development objectives by introducing transparency to the system and bolstering market position. BCT enables organisations to gain a competitive edge by attaining innovative operational excellence in the face of the complexity of the supply chain environment. Originality/value: The findings can serve as a guide for anticipating the effectiveness of BCT in aerospace supply chain management.

Item Type:	Article
Uncontrolled Keywords:	Sustainable development goals (SDG), Green economy, Industry 4.0 (IR4.0), Qualitative research, Aerospace supply chain, Operational excellence
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HF Commerce
Faculty/Division:	Faculty of Industrial Management
Depositing User:	Professor Yudi Fernando
Date Deposited:	10 Jul 2024 07:44
Last Modified:	10 Jul 2024 07:44
URI:	http://umpir.ump.edu.my/id/eprint/41852
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