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Title Rethinking the Secondhand Supply Chain: A Technological and Sustainable Approach
Type JournalPaper
Keywords Supply Chain Management (SCM) Secondhand Market Retail industry Blockchain Technology, Artificial Intelligence (AI)
Abstract This research investigates the complex dynamics of supply chain management (SCM) within the burgeoning secondhand market. Through a rigorous literature review, encompassing over 500 publications and a focused analysis of 54 relevant articles, this study explores the challenges, opportunities, and innovative strategies employed by businesses in this sector. A mixed-methods approach, incorporating both qualitative and quantitative techniques, was adopted to gather empirical data. Semi-structured interviews with SCM experts and a structured questionnaire survey were conducted to collect insights from companies operating in the secondhand market. Additionally, case studies of leading companies were analyzed to delve deeper into their SCM practices and the application of emerging technologies. The findings of this research highlight the critical role of technology, particularly blockchain and AI, in enhancing transparency, traceability, and efficiency in secondhand supply chains. Blockchain can be leveraged to verify product authenticity and track the product journey, while AI can optimize logistics, demand forecasting, and inventory management. Furthermore, the study emphasizes the importance of sustainability initiatives in aligning with consumer preferences and reducing environmental impact. By combining these technological advancements with sustainable practices, businesses can improve their operational performance, enhance customer satisfaction, and contribute to a more circular economy. This research provides valuable insights and practical recommendations for businesses operating in the secondhand market, enabling them to navigate the complexities of SCM and achieve sustainable growth.
Researchers Reza Shahrjerdi (First Researcher)