A literature review on transformative impacts of blockchain technology on manufacturing management and industrial engineering practices
As business performance increasingly depends on decentralized, tamper-proof records to manage transactions and data flows, adopting blockchain technology (BCT) is becoming crucial for remaining competitive in the digital and globalized economy. This review aims to explore the transformative impact o...
Saved in:
Main Authors: | , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
KeAi Communications Co., Ltd.
2025-07-01
|
Series: | Green Technologies and Sustainability |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S294973612500003X |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
_version_ | 1832583059657981952 |
---|---|
author | Dharmendra Hariyani Poonam Hariyani Sanjeev Mishra Milind Kumar Sharma |
author_facet | Dharmendra Hariyani Poonam Hariyani Sanjeev Mishra Milind Kumar Sharma |
author_sort | Dharmendra Hariyani |
collection | DOAJ |
description | As business performance increasingly depends on decentralized, tamper-proof records to manage transactions and data flows, adopting blockchain technology (BCT) is becoming crucial for remaining competitive in the digital and globalized economy. This review aims to explore the transformative impact of BCT on manufacturing management and industrial engineering practices, particularly in areas like transparency, decision-making, operational efficiency, and trust. Through an extensive review of 480 peer-reviewed papers retrieved from the Scopus database, using the keyword search “blockchain” and “management” or (“manufacturing” or “industrial engineering” or “service” or “supply chain” or “organization”) within the title, abstract, and keywords, this study highlights BCT’s ability to revolutionize supply chain management by providing real-time traceability, automating processes through smart contracts, and ensuring sustainability and compliance. The study finds that BCT significantly enhances management and industrial engineering by improving supply chain transparency, automating operations with smart contracts, and ensuring quality and sustainability. Key findings reveal its effectiveness in improving data security, risk management, and intellectual property protection, alongside optimizing inventory control and customer satisfaction. Moreover, the study identifies innovative applications of BCT in integrating digital technologies such as IoT within Industry 4.0 frameworks, enabling smarter and more resilient manufacturing systems. By addressing challenges such as scalability, regulatory uncertainty, and interoperability, this review offers a roadmap for organizations to adopt BCT effectively. The novelty of the study lies in its comprehensive analysis of BCT’s dual potential, i.e., bridging operational gaps and fostering strategic alignment while providing actionable insights for practitioners to leverage its benefits across diverse industrial applications. This paper serves as a foundational guide to understanding BCT’s role in driving sustainable and competitive growth in modern manufacturing ecosystems. |
format | Article |
id | doaj-art-ed60341ba5834f1aae5eaeb12542b158 |
institution | Kabale University |
issn | 2949-7361 |
language | English |
publishDate | 2025-07-01 |
publisher | KeAi Communications Co., Ltd. |
record_format | Article |
series | Green Technologies and Sustainability |
spelling | doaj-art-ed60341ba5834f1aae5eaeb12542b1582025-01-29T05:02:52ZengKeAi Communications Co., Ltd.Green Technologies and Sustainability2949-73612025-07-0133100169A literature review on transformative impacts of blockchain technology on manufacturing management and industrial engineering practicesDharmendra Hariyani0Poonam Hariyani1Sanjeev Mishra2Milind Kumar Sharma3Department of Mechanical Engineering, Swami Keshvanand Institute of Technology, Management and Gramothan, Jaipur, Rajasthan, India; Corresponding author.Department of Chemistry, JECRC University, Jaipur, Rajasthan, IndiaDepartment of Mechanical Engineering, University Department of Teaching, Rajasthan Technical University, Kota, Rajasthan, IndiaDepartment of Production and Industrial Engineering, MBM University, Jodhpur, Rajasthan, IndiaAs business performance increasingly depends on decentralized, tamper-proof records to manage transactions and data flows, adopting blockchain technology (BCT) is becoming crucial for remaining competitive in the digital and globalized economy. This review aims to explore the transformative impact of BCT on manufacturing management and industrial engineering practices, particularly in areas like transparency, decision-making, operational efficiency, and trust. Through an extensive review of 480 peer-reviewed papers retrieved from the Scopus database, using the keyword search “blockchain” and “management” or (“manufacturing” or “industrial engineering” or “service” or “supply chain” or “organization”) within the title, abstract, and keywords, this study highlights BCT’s ability to revolutionize supply chain management by providing real-time traceability, automating processes through smart contracts, and ensuring sustainability and compliance. The study finds that BCT significantly enhances management and industrial engineering by improving supply chain transparency, automating operations with smart contracts, and ensuring quality and sustainability. Key findings reveal its effectiveness in improving data security, risk management, and intellectual property protection, alongside optimizing inventory control and customer satisfaction. Moreover, the study identifies innovative applications of BCT in integrating digital technologies such as IoT within Industry 4.0 frameworks, enabling smarter and more resilient manufacturing systems. By addressing challenges such as scalability, regulatory uncertainty, and interoperability, this review offers a roadmap for organizations to adopt BCT effectively. The novelty of the study lies in its comprehensive analysis of BCT’s dual potential, i.e., bridging operational gaps and fostering strategic alignment while providing actionable insights for practitioners to leverage its benefits across diverse industrial applications. This paper serves as a foundational guide to understanding BCT’s role in driving sustainable and competitive growth in modern manufacturing ecosystems.http://www.sciencedirect.com/science/article/pii/S294973612500003XBlockchain technology (BCT)Manufacturing and Service sectorsManufacturing management and industrial engineering practicesTransformative impact of BCT |
spellingShingle | Dharmendra Hariyani Poonam Hariyani Sanjeev Mishra Milind Kumar Sharma A literature review on transformative impacts of blockchain technology on manufacturing management and industrial engineering practices Green Technologies and Sustainability Blockchain technology (BCT) Manufacturing and Service sectors Manufacturing management and industrial engineering practices Transformative impact of BCT |
title | A literature review on transformative impacts of blockchain technology on manufacturing management and industrial engineering practices |
title_full | A literature review on transformative impacts of blockchain technology on manufacturing management and industrial engineering practices |
title_fullStr | A literature review on transformative impacts of blockchain technology on manufacturing management and industrial engineering practices |
title_full_unstemmed | A literature review on transformative impacts of blockchain technology on manufacturing management and industrial engineering practices |
title_short | A literature review on transformative impacts of blockchain technology on manufacturing management and industrial engineering practices |
title_sort | literature review on transformative impacts of blockchain technology on manufacturing management and industrial engineering practices |
topic | Blockchain technology (BCT) Manufacturing and Service sectors Manufacturing management and industrial engineering practices Transformative impact of BCT |
url | http://www.sciencedirect.com/science/article/pii/S294973612500003X |
work_keys_str_mv | AT dharmendrahariyani aliteraturereviewontransformativeimpactsofblockchaintechnologyonmanufacturingmanagementandindustrialengineeringpractices AT poonamhariyani aliteraturereviewontransformativeimpactsofblockchaintechnologyonmanufacturingmanagementandindustrialengineeringpractices AT sanjeevmishra aliteraturereviewontransformativeimpactsofblockchaintechnologyonmanufacturingmanagementandindustrialengineeringpractices AT milindkumarsharma aliteraturereviewontransformativeimpactsofblockchaintechnologyonmanufacturingmanagementandindustrialengineeringpractices AT dharmendrahariyani literaturereviewontransformativeimpactsofblockchaintechnologyonmanufacturingmanagementandindustrialengineeringpractices AT poonamhariyani literaturereviewontransformativeimpactsofblockchaintechnologyonmanufacturingmanagementandindustrialengineeringpractices AT sanjeevmishra literaturereviewontransformativeimpactsofblockchaintechnologyonmanufacturingmanagementandindustrialengineeringpractices AT milindkumarsharma literaturereviewontransformativeimpactsofblockchaintechnologyonmanufacturingmanagementandindustrialengineeringpractices |