International Comparative Research on IoT-based Supply Chain Risk Management A/Prof. Yu Cui Graduate School of Business Administration and Economics, Otemon Gakuin University, Osaka, Japan Email:
[email protected] Prof. Hiroki Idota Faculty of Economics, Kindai University Prof. Masaharu Ota Graduate School of Business, Osaka City University International Comparative Research on IoT-based Supply Chain Risk Management ABSTRACT In this paper, we firstly discuss current status and problems of food supply chain, which has been attached more importance in supply chain studies in recent years. And then, a review and analysis of the research on traceability systems for IoT-based food supply chains will be conducted. In the latter part, we introduce and explain the establishment of food supply chains in Thailand and China and their respective traceability systems with case studies. Moreover, we conduct a systematic analysis regarding the changes and effects the blockchain made on supply chains. Furthermore, through a case analysis of Japan, explicit speculation and forecast would be made on how blockchain affects the development of traceability systems of IoT- based food supply chain. Keywords: Food Supply Chain, Risk Management, IoT-based Traceability System, Blockchain INTRODUCTION In 2011, Thailand suffered a severe flooding which occurs once in 50 years. Its traditional industrial base - Ayutthaya Industrial Park was flooded and nearly 200 factories were closed down. In the same year, Japan’s 311 Kanto Earthquake also caused serious losses to the manufacturing industry and numerous supply chain companies in Japan. And recently, scandals involving data falsification in automotive, steel and carbon fiber have caused great impact on a large number of related supply chain companies and they are faced with the dilemma of supply chain disruption.