A novel blockchain-based approach for enhanced food supply chain traceability and waste mitigation
Abstract
Purpose Widespread food waste, lack of supply chain coordination, the need for robust traceability systems and limited empirical research on blockchain’s real-world benefits all pose significant hurdles for the global food industry to overcome. This research delves into the application of blockchain technology within a food supply chain to tackle the widespread issue of food wastage and enhance overall operational efficiency. Moreover, the paper explores the potential advantages, managerial implications and constraints associated with blockchain-enabled traceability systems in the food industry. Design/methodology/approach By utilizing a discrete event simulation model, the study investigates how blockchain-based information-sharing impacts food waste reduction, resource utilization and costs within a complex five-tier supply chain network. Findings The findings not only aid in optimizing decision-making processes but also in enhancing the information-sharing infrastructure, ultimately benefiting both consumers and food suppliers. Originality/value The simulation-based analysis provides practical insights for food industry managers and government officials seeking to improve their information-sharing systems, leading to enhanced food quality, customer satisfaction and brand image. In essence, this research contributes to optimizing decision-making in the food industry sector, benefiting both customers and providers.