Artificial intelligence and blockchain implementation in supply chains: a pathway to sustainability and data monetisation?

Внедрение искусственного интеллекта и блокчейна в цепочки поставок: путь к устойчивому развитию и монетизации данных?
Mukesh Kumar, Manoj Dora, Naoum Tsolakis, Roman Schumacher
2022-06-21

Artificial Intelligence (AI)Blockchain Technology (BCT)data monetisationsupply chain digitalisationsustainability in food supply chains
Digitalisation is expected to transform end-to-end supply chain operations by leveraging the technical capabilities of advanced technology applications. Notwithstanding the operations-wise merits associated with the implementation of digital technologies, individually, their combined effect has been overlooked owing to limited real-world evidence. In this regard, this research explores the joint implementation of Artificial Intelligence (AI) and Blockchain Technology (BCT) in supply chains for extending operations performance boundaries and fostering sustainable development and data monetisation. Specifically, this study empirically studied the tuna fish supply chain in Thailand to identify respective end-to-end operations, observe material and data-handling processes, and envision the implementation of AI and BCT. Therefore, we first mapped the business processes and the system-level interactions to understand the governing material, data, and information flows that could be facilitated through the combined implementation of AI and BCT in the respective supply chain. The mapping results illustrate the central role of AI and BCT in digital supply chains' management, while the associated sustainability and data monetisation impact depends on the parameters and objectives set by the involved system stakeholders. Afterwards, we proposed a unified framework that captures the key data elements that need to be digitally handled in AI and BCT enabled food supply chains for driving value delivery. Overall, the empirically-driven modelling approach is anticipated to support academics and practitioners' decision-making in studying and introducing digital interventions toward sustainability and data monetisation.
1
A unified framework is proposed identifying key data elements that must be digitally handled in AI- and BCT-enabled food supply chains to drive value delivery.
2
Empirical study of the Thai tuna supply chain mapped end-to-end operations, material flows, and data-handling processes to envision AI and BCT implementation.
3
Joint implementation of AI and blockchain in supply chains can extend operational performance boundaries and foster sustainable development and data monetisation.
4
Process and system-level mapping show AI and BCT play a central role in digital supply chain management, contingent on stakeholder-set parameters and objectives.
5
The empirically-driven modelling approach is expected to support academics and practitioners in decision-making for digital interventions targeting sustainability and data monetisation.

Joint implementation of Artificial Intelligence (AI) and Blockchain Technology (BCT) in the tuna fish supply chain in Thailand

Effects of AI and BCT integration on end-to-end supply chain operations, specifically operations performance boundaries, sustainability outcomes, and data monetisation enabled by mapped material/data flows and a unified data-handling framework

Publication Details
Publication Date
2022-06-21
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Authors
Mukesh Kumar
Manoj Dora
Naoum Tsolakis
Roman Schumacher
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