How do information strategy and information technology governance influence firm performance?

Wang, Fanlin; Lv, Jianing; Xin, Zhao

doi:10.3389/fpsyg.2022.1023697

Cited by 6 publications

(1 citation statement)

References 56 publications

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“…It is part of SCM that manages the efficient and effective flow and storage of goods, services, and information from origin to consumption (Singh & Verma, 2018). It is also a key element of SCM that avoids supply disruptions and stock-outs by ordering the optimal amount and time while reducing storage and financing costs (Wang et al, 2022). Inventory management improves financial performance and competitiveness by saving costs in logistics activities.…”

Section: Introductionmentioning

confidence: 99%

Leveraging information technology for effective inventory management in Singapore’s supply chain industry

Lim,

Chang,

Goh

2023

Inter Business Logistics

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The purpose of this research is to explore how a common IT system is used to manage inventory, and to identify the factors and challenges that affect the decision and implementation of IT adoption in inventory management.Design/methodology/approach: The methodology of this research consists of two parts: a literature review and primary research. The literature review synthesizes the existing studies on IT adoption in inventory management and provides a theoretical framework for the analysis. The primary is based on qualitative research design which involves conducting in-depth interviews with four inventory managers who use different IT systems across various industries. The interviews are transcribed and coded, and the data are analysed using thematic analysis and cross-case comparison. Findings:The findings of this study show that inventory managers adopt IT mainly to reduce costs and increase efficiency, which aligns with the literature. However, they also encounter challenges such as skill competencies and resistance to change, which hamper the successful implementation of IT. Moreover, the findings reveal that the type of IT system and the industry context may have an impact on the outcomes of IT adoption. Specifically, the inventory managers who use ERP, such as SAP, experienced more benefits and fewer difficulties, and the inventory managers who work in manufacturing and retail industries face more complex and dynamic inventory situations than those who work in service and education industries. These findings suggest that IT adoption in inventory management is not a one-size-fits-all solution, but rather a context-dependent and system-specific process that requires careful planning and evaluation. Research implications and limitations:This study offers practical insights and recommendations for inventory managers and IT developers who seek to improve their inventory management practices and systems. It also highlights the importance of IT for enhancing supply chain management and operational performance, which is a key goal of inventory management. However, this study is limited by the small and self-reported sample and the focus on two common IT systems. Future research could use larger and more diverse samples, multiple data sources, and different IT systems. Originality: This study addresses the research question of how IT is used to manage inventory, and what factors and challenges affect the decision and implementation of IT adoption in inventory management. It adds to the literature on IT adoption in inventory management by comparing multiple case studies with different IT systems and industries. It reveals the common and unique factors and challenges that influence IT adoption and suggests practical implications for inventory managers and IT developers.

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Section: Introductionmentioning

confidence: 99%

Leveraging information technology for effective inventory management in Singapore’s supply chain industry

Lim,

Chang,

Goh

2023

Inter Business Logistics

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The Impact of Board Structure, IT Governance, and Fintech on Green Finance and Sustainability: An Integrated Model

Almaqtari,

Rehman,

Nigam

et al. 2024

Strategic Change

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The purpose of this study is to investigate the association between board structure, IT governance strategies, innovation, Financial Technologies, green finance, and sustainability performance in Indian banks. The research utilizes a survey of 210 participants drawn from Indian banks. To estimate the results, the study used descriptive statistics and structural equation modeling. The results reveal that a well‐board structure is associated with higher levels of innovation, while the link between board strategic focus and innovation was found to be weak. The findings also indicate that good IT governance leads to good FinTech practices. Further, the results indicate that IT governance and green finance projects are not well aligned. Moreover, the results show that sustainability performance does not appear to be significantly influenced by either green business activities or green investment projects, possibly because green initiatives often have long‐term effects and may not provide noticeable returns over the short run. Therefore, banks need to enhance the integration of innovation, IT governance, and FinTech into board strategies to include more focused green initiatives and projects. The research contributes to academia and practice by integrating various theoretical and practical perspectives, focusing on the intersection of board structures, IT governance strategies, innovation decisions, Fintech integration, green business project execution, and sustainability performance within corporate governance. The findings could shape regulatory frameworks and environmental and social policy debates, enhancing sustainable performance and providing empirical information from real‐world perspectives.

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How the interaction of innovation and ERP systems on business intelligence affects the performance of Mexican manufacturing companies

Lara-Pérez,

Canibe-Cruz,

Duréndez

2024

ITP

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PurposeThe present study shows that the implementation and development of enterprise resource planning (ERP) systems as a technological innovation provide a competitive advantage that helps to improve the functionality of business intelligence (BI) systems in the digital transformation of manufacturing companies, in addition to improving overall firm performance.Design/methodology/approachThe research uses the structural equation approach based on PLS-SEM technique with a sample of 120 firms in the manufacturing industry in Coahuila, Mexico.FindingsThe paper provides empirical insights into how the interaction of ERP systems and innovation significantly affects the functionality of BI Systems and has a substantial effect on overall firm performance.Originality/valueEmpirical evidence of how advanced digital management systems (ERP and BI) impact digitalization processes in organizations by improving performance is still scarce.

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How do information strategy and information technology governance influence firm performance?

Cited by 6 publications

References 56 publications

Leveraging information technology for effective inventory management in Singapore’s supply chain industry

Leveraging information technology for effective inventory management in Singapore’s supply chain industry

The Impact of Board Structure, IT Governance, and Fintech on Green Finance and Sustainability: An Integrated Model

How the interaction of innovation and ERP systems on business intelligence affects the performance of Mexican manufacturing companies

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