Digital Transformation in Supply Chain Management: Blockchain-Driven Resilience Models for Competitive Advantage and Operational Excellence

• Author(s): Opeyemi Morenike Filani ; Michael Okereke
• Paper ID: 1710667
• Page: 503-529
• Published Date: 31-07-2019
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 3 Issue 1 July-2019

Abstract

The contemporary business landscape demands unprecedented levels of supply chain resilience, transparency, and operational efficiency. This research investigates the transformative potential of blockchain technology in revolutionizing supply chain management through the development of comprehensive resilience models that deliver both competitive advantage and operational excellence. The study examines how distributed ledger technologies can address critical vulnerabilities in traditional supply chain architectures while creating new paradigms for value creation and risk mitigation. The research methodology employs a mixed-methods approach combining theoretical framework analysis, case study examination, and empirical data evaluation from various industry sectors. The investigation explores the integration of blockchain technology with existing supply chain management systems, analyzing the technical, organizational, and strategic implications of this digital transformation. Particular attention is given to the development of resilience models that can adapt to dynamic market conditions while maintaining operational integrity and competitive positioning. The findings reveal that blockchain-driven supply chain models demonstrate significant improvements in traceability, transparency, and trust among stakeholders. The technology enables real-time visibility across multi-tier supplier networks, facilitating enhanced risk management and rapid response to supply chain disruptions. The research identifies key success factors including stakeholder collaboration, technological infrastructure investment, and organizational change management capabilities that determine the effectiveness of blockchain implementation in supply chain contexts. The study establishes a comprehensive framework for blockchain adoption in supply chain management, incorporating technical specifications, governance structures, and performance metrics that organizations can utilize to guide their digital transformation initiatives. The resilience models developed through this research provide actionable insights for supply chain managers seeking to leverage blockchain technology for sustainable competitive advantage. The implications extend beyond immediate operational improvements to encompass strategic positioning in increasingly complex global markets. Organizations that successfully implement blockchain-driven supply chain models demonstrate enhanced customer satisfaction, reduced operational costs, improved supplier relationships, and greater adaptability to market volatility. The research contributes to the growing body of knowledge regarding digital transformation in supply chain management while providing practical guidance for implementation. The study concludes that blockchain technology represents a fundamental shift in supply chain paradigms, offering unprecedented opportunities for creating resilient, transparent, and efficient operations. The research provides evidence that organizations investing in blockchain-driven supply chain transformation position themselves advantageously for future market challenges while achieving measurable improvements in operational excellence.

Keywords

Blockchain Technology, Supply Chain Resilience, Digital Transformation, Operational Excellence, Competitive Advantage, Distributed Ledger Technology, Supply Chain Transparency, Risk Management

Citations

IRE Journals:
Opeyemi Morenike Filani , Michael Okereke "Digital Transformation in Supply Chain Management: Blockchain-Driven Resilience Models for Competitive Advantage and Operational Excellence" Iconic Research And Engineering Journals Volume 3 Issue 1 2019 Page 503-529

IEEE:
Opeyemi Morenike Filani , Michael Okereke "Digital Transformation in Supply Chain Management: Blockchain-Driven Resilience Models for Competitive Advantage and Operational Excellence" Iconic Research And Engineering Journals, 3(1)