Title: Blockchain Technology And Supply Chain Performance Of Food And Bevareges Manufacturing Firms In Kenya (A Case Of Nairobi County)
Authors: Regina Njeri Ngatia, Antony Mudimba
Volume: 8
Issue: 8
Pages: 28-34
Publication Date: 2024/08/28
Abstract:
Blockchain entails a digitalized, distributed and decentralized ledger system for splitting and storing information. Due to globalization and volatile supply chain environment blockchain technology has materialized as significant recognition and optimistic technology for the food industry. The aim of the study will be to determine the effect of blockchain technology on supply chain performance of food and beverages manufacturing firms in Nairobi County. The research will examine the effect of traceability, supply chain transparency and supply chain digitalization on supply chain performance. Supply chain performance will be anchored on balance score card. Cross-sectional descriptive research design will be adopted, target population constituted 138 respondents and a sample size of 103 respondent was embraced. Semi-structured, self-administering questionnaires anchored in 5 likert scale was used to collect data from respondents. According to the dependability results, every variable satisfies the requirement for a Cronbach's alpha value of greater than 0.7. Criteria, content and construct validity were also examined. Both inferential and descriptive statistics were employed to exhibit the degree of relationship among variables. SPSS version 26 was employed to process the data and presented by operating in frequent tables. The findings indicates that there are vital benefits accrued from block chain technology and conclude that it is the best strategy in global procurement as it enhances performance. The study recommended that manufacturing firms should execute blockchain technology to escalate their robust potentiality through supply chain performance.