Research on the Prefabricated Building Supply Chain and Blockchain's Resiliency Theory
DOI: https://doi.org/10.62517/jiem.202403109
Author(s)
Yu Gao, Hui Sun
Affiliation(s)
School of Economics and Management, Liaoning University of Technology, Jinzhou, Liaoning, China
Abstract
The prefabricated construction business is growing quickly, and maintaining the industry's steady growth depends on strengthening the supply chain. However, as the supply chain for prefabricated buildings grows and external risk factors become more prevalent, there will inevitably be occasional construction delays or even disruptions. Additionally, the operational management of the entire supply chain will become more challenging. The purpose of this project is to investigate how blockchain technology might be used to improve the robustness of supply chains for prefabricated buildings. The fundamentals of blockchain technology and the variables influencing supply chain resilience were thoroughly investigated by employing the literature analysis approach and methodically classifying and evaluating pertinent local and international literature. Taking into consideration the features of supply chains for prefabricated buildings, the study also examined the benefits of blockchain technology in terms of boosting information exchange, optimizing resource allocation, and improving supply chain transparency. The study's findings suggest that applying blockchain technology to prefabricated building supply chains can strengthen their resilience, lower risks associated with them, and increase the effectiveness of collaboration within them. Additionally, a thorough integration of blockchain technology with prefabricated building supply chains will open up new development opportunities for the sector. This paper offers some innovation and useful suggestions for applying blockchain technology to improve the resilience of supply networks for prefabricated buildings. It also gives a theoretical foundation.
Keywords
Blockchain Technology; Prefabricated Buildings; Construction Supply Chain; Supply Chain Resilience; Information Sharing
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