Evaluating Barriers to the Adoption of Blockchain for Enhancing Transparency in the Procurement Process within Apparel Supply Chains

Abstract

The textile and apparel industry is a rapidly growing global market, with the emergence of its complexity, volatility, and competitiveness. As a result, consumer demand for transparency in the supply chain has surged, leading to the recognition of blockchain as a pivotal tool for enhanced transparency. This study focuses on evaluating barriers to blockchain adoption in apparel supply chains, with a specific emphasis on sourcing and procurement. Collaborating with industry experts in Sri Lanka, the research aims to address critical gaps in information flow. The study employed a methodology consisting of two distinct steps, incorporating a background study and Interpretative Structural Modeling (ISM). Data analysis involves identifying barriers, developing ISM-based hierarchy models, and conducting MICMAC analysis. The study reveals key challenges, such as lack of expertise and underdeveloped technology to adopt blockchain emphasizing the need for strategic planning to address these obstacles and facilitate successful blockchain implementation. This research contributes to bridging gaps in blockchain adoption within the apparel supply chain, providing practical insights for industry stakeholders and decision-makers. Future research should validate identified barriers and develop strategies for effective blockchain implementation.