Aerospace supply chains using blockchain technology: implications for sustainable development goals

Abstract

Purpose

The interconnectedness of supply chain processes in the aerospace industry requires companies to operate with excellence and the ability to provide robust technologies such as blockchain technology (BCT) to aid supply chain productivity. This paper aims to examine the existing practices of aerospace supply chain management, identify how BCT is used in the aerospace supply chain and whether it affects environmental sustainability.

Design/methodology/approach

The qualitative research approach was used, and an online interview with informants was undertaken to collect data.

Findings

The findings demonstrate that BCT has a diverse function in achieving sustainable development goals.

Practical implications

The manufacturing sector can be strengthened by successfully deploying BCT in aerospace supply chain management. It contributes to achieving sustainable development objectives by introducing transparency to the system and bolstering market position. BCT enables organisations to gain a competitive edge by attaining innovative operational excellence in the face of the complexity of the supply chain environment.

Originality/value

The findings can serve as a guide for anticipating the effectiveness of BCT in aerospace supply chain management.

Citation

Ibrahim, A., Fernando, Y., Shaharudin, M.S., Ganesan, Y., Ahmad, N.H., Amran, A. and Lee, K.L. (2024), "Aerospace supply chains using blockchain technology: implications for sustainable development goals", Foresight, Vol. 26 No. 3, pp. 470-486. https://doi.org/10.1108/FS-06-2023-0110