Towards Blockchain-Integrated Enterprise Resource Planning: A Pre-Implementation Guide

Abstract

In the face of numerous challenges in supply chain management, new technologies are being implemented to overcome obstacles and improve overall performance. Among these technologies, blockchain, a part of the distributed ledger family, offers several advantages when integrated with ERP systems, such as transparency, traceability, and data security. However, blockchain remains a novel, complex, and costly technology. The purpose of this paper is to guide decision-makers in determining whether integrating blockchain technology with ERP systems is appropriate during the pre-implementation phase. This paper focuses on the literature reviews, theories, and expert opinions to achieve its objectives. It first provides an overview of blockchain technology, then discusses its potential benefits to the supply chain, and finally proposes a framework to assist decision-makers in determining whether blockchain meets the needs of their consortium and whether this integration aligns with available resources. The results highlight the complexity of blockchain, the importance of detailed and in-depth research in deciding whether to integrate blockchain technology into ERP systems, and future research prospects. The findings of this article also present the critical decisions to be made prior to the implementation of blockchain, in the event that decision-makers choose to proceed with blockchain integration. The findings of this article augment the existing literature and can be applied in real-world contexts by stakeholders involved in blockchain integration projects with ERP systems.