Assessing Key performance indicators in Blockchain-Based Supply Chain Financing: Case Study of Chain Stores

Authors

  • Hamed Nozari Faculty of Industrial Engineering, Iran University of Science and Technology, Tehran, Iran
  • Javid Ghahremani-Nahr * Faculty Member of Academic Center for Education, Culture and Research (ACECR), Tabriz, Iran

DOI:

https://doi.org/10.59615/ijie.2.3.42

DOR:

https://dorl.net/dor/20.1001.1.27831906.2022.2.3.5.8

Keywords:

Supply Chain Financing (SCF), Supply Chain, Financing, Chain Stores, Blockchain Technology

Abstract

In recent years, due to the growth and development of financing tools and methods, financial institutions are always looking for new, efficient, and low-cost methods. In carrying out their daily production operations, companies are faced with different and diverse financial input and output flows from purchasing orders and inventory to receiving the price of sold goods, which are not the same in terms of time. Therefore, they will inevitably look for the financing of these processes, which is referred to as working capital financing. However, in the conditions of recession and lack of bank loans and considering the problems caused by the unilateral management of this issue, there is a need for innovative financial tools such as supply chain financing (SCF). In recent years, with the introduction and evolution of blockchain technology, this opportunity has also arisen in financial fields to make the most of this new technology. Considering the growth of this technology and the importance of supply chain financing, in this research, it was first tried to fully investigate the dimensions and key components of blockchain-based supply chain financing. chain stores were considered as a case study and the importance of supply chain financing was analyzed in them and the SCF framework was presented in these applied enterprises. In addition, the most important key performance indicators in a blockchain-based supply chain financing system are identified and evaluated with an emphasis on chain store processes. To evaluate the data, a non-linear hierarchical analysis method was used. The results show that transferring and reducing risks in different types is one of the most important performance indicators of the blockchain-based supply chain financing system.

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Published

2022-07-04

How to Cite

Nozari, H. ., & Ghahremani-Nahr, J. (2022). Assessing Key performance indicators in Blockchain-Based Supply Chain Financing: Case Study of Chain Stores. International Journal of Innovation in Engineering, 2(3), 42–58. https://doi.org/10.59615/ijie.2.3.42

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Section

Original Research

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