Applying Blockchain in the Modern Supply Chain Management: Its Implication on Open Innovation

Coordinating an innovation in supply chain management

The importance of a long-term relationship between a manufacturing ®rm and its supplier(s) has been emphasized in the literature on supply chain management. Essential to such a relationship is the coordination among participants in a supply chain. In order to sustain the relationship, the coordination should enhance the pro®tability of not only the manufacturer, but also the supplier(s). In thi...

Digital Supply Chain Transformation toward Blockchain Integration

Digital supply chain integration is becoming increasingly dynamic. Access to customer demand needs to be shared effectively, and product and service deliveries must be tracked to provide visibility in the supply chain. Business process integration is based on standards and reference architectures, which should offer end-to-end integration of product data. Companies operating in supply chains es...

Supply Chain with Blockchain Showcase Rfid

Value Chain Management Based on Open Innovation Strategy

Global economy is experiencing a transition from industrial, product-centered to innovation, service-centered. The implementation of open innovation strategy requires us not only to exploit the core competence of the firm, but also to explore the core competence in the future. This paper integrates the views of firm development theory, real option theory and open innovation paradigm into one an...

Wireless Sensor Network Technology and Its Application Potentials for Service Innovation in Supply Chain Management

The growing awareness of the strategic value of service along with higher product performance expectations has directed many industries to adopt service centric competitive strategies in managing their supply chains. Service innovation based on currently available advanced technologies has become critical in improving enterprises’ competitive strengths. Wireless sensor network (WSN) technology,...