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Cited by 404

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Analysis of resilience strategies and ripple effect in blockchain-coordinated supply chains: An agent-based simulation study

Open access
Lohmer, Jacob, Bugert, Niels, Lasch, Rainer·2020·International Journal of Production Economics

Abstract

Resilience enables supply chains to reduce their proneness to disruptions and recover faster. Many existing strategies to strengthen the resilience of supply chains are facilitated by the use of digital technology. Blockchain, as one of the promising innovative technologies, enables a transparent, secure, and timely data exchange and automation via smart contracts. In this paper, we discuss the impact of blockchain technology on supply chain risk management and, in particular, on supply chain resilience. We identify potential risk-related blockchain application scenarios and examine their impact on the existing resilience strategies. We explore the impact of the most promising applications with respect to resilience by using an agent-based simulation model of a complex supply network affected by disruptions. The theoretical analysis reveals a promotion of supply chain resilience strategies, especially if smart contracts are used for risk-related collaboration. The simulation study indicates an increase in resilience if the underlying collaboration is based on time-efficient processes: The propagation of disruptions, the network recovery time, and total costs can be substantially reduced. However, depending on the duration of the disruption, negative effects can occur if process efficiency is insufficient. From our investigations, we derive insights for managers who are interested in practical implementation.

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Metadata

Authors
Lohmer, J., Bugert, N., & Lasch, R.
Venue
International Journal of Production Economics
Publisher
Elsevier BV
Published
2020-10
Volume
228
Pages
107882
ISSN
0925-5273 (ISSN-L)
OpenAlex
W3046264753
Cited by
404
References
74
FWCI
56.53
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Analysis of resilience strategies and ripple effect in blockchain-coordinated supply chains: An agent-based simulation study. https://app.cochat.ai/papers/10.1016/j.ijpe.2020.107882
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Lohmer, J., Bugert, N., & Lasch, R. (2020). Analysis of resilience strategies and ripple effect in blockchain-coordinated supply chains: An agent-based simulation study. International Journal of Production Economics. https://doi.org/10.1016/j.ijpe.2020.107882

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Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.