BUILDING SUPPLY CHAIN RESILIENCE: HOW BLOCKCHAIN TECHNOLOGY ADDRESSES VULNERABILITIES AND STRENGTHENS CAPABILITIES

Purpose: This study explores the potential of blockchain technology to mitigate supply chain vulnerabilities and enhance resilience-building capabilities. Using the SCRAM framework as a foundation, it examines how blockchain features align with specific vulnerabilities and capabilities to strengthen supply chain resilience. Design/methodology/approach: The research employs a conceptual analysis based on the SCRAM framework and blockchain technology features. By reviewing academic literature and industry case studies, the study systematically maps blockchain functionalities to the vulnerabilities and capabilities defined in SCRAM. A diagram is developed to visually illustrate these interactions. Findings: The study identifies how blockchain features—such as transparency, decentralization, smart contracts, and immutability—address specific vulnerabilities, including process disruptions and resource constraints, while enhancing capabilities like visibility, adaptability, and collaboration. The proposed mapping highlights blockchain's dual impact on reducing risks and strengthening resilience. Research limitations/implications: The findings are primarily theoretical, based on literature review and conceptual mapping. Empirical validation in real-world supply chains is needed to confirm the suggested relationships and measure blockchain's practical impact on supply chain resilience. Practical implications: The study provides a framework for businesses to strategically adopt blockchain technology to address supply chain risks and enhance resilience. The mapping and accompanying diagram can serve as a decision-making tool for practitioners in designing robust supply chain strategies. Originality/value: This research contributes to the growing literature on blockchain in supply chain management by integrating it with the SCRAM framework. The unique mapping of blockchain features to vulnerabilities and capabilities offers both theoretical insights and practical applications, paving the way for further empirical exploration and innovation.