A comparative analysis of blockchain and Electronic Data Interchange (EDI) in supply chain: Identifying strengths, weaknesses, and synergies

Abstract

Supply chain management is crucial to modern commerce, improving operational efficiency, cost reduction, and customer satisfaction. Electronic Data Interchange (EDI) and blockchain are key technologies in this context. While EDI streamlines communication, blockchain ensures transparency. This study aims to address the lack of comprehensive comparisons in the existing literature, focusing on EDI and blockchain. Objectives include analysis of data security, speed, cost, scalability, and efficiency. Case studies reveal nuanced differences and similarities, highlighting the potential benefits of integration. The study conducts a comprehensive analysis of articles from diverse domains, examining the comparison between Electronic Data Interchange (EDI) and blockchain technologies to identify synergies. This research guides technology selection, providing decision-makers with essential information and promoting innovation in supply chain management by understanding the comparative advantages and challenges of EDI and blockchain, as well as their synergies in hybrid applications.