Impact of big data on supply chain management

Raman, Seetha; Patwa, Nitin; Niranjan, Indu; Ranjan, Ujjwal; Moorthy, Krishna; Mehta, Ami

doi:10.1080/13675567.2018.1459523

Cited by 106 publications

(63 citation statements)

References 58 publications

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“…The supply chain is the network of organizations that are involved, through linkages, in the different processes and activities that produce value in the form of products and services in hands of the final customer [40]. According to Nasdaq, the first transactions carried out for a total of 6 start-up companies and their investors have been successful, subsequently the application being migrated also to other areas.…”

Section: Perspective Of Blockchain Technology In Logisticsmentioning

confidence: 99%

“…The term 'big data' encompasses the large volume of structured and unstructured data, which is growing exponentially and is analyzed using data analytics and warehousing. Big data analytics makes it possible to ensure better decision making [40]. Big data is the basis for the development of blockchain technology.…”

Section: Perspective Of Blockchain Technology In Logisticsmentioning

confidence: 99%

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Blockchain Technology Implementation in Logistics

Aksentijević²,

et al. 2019

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This paper researches decentralized data storage represented by blockchain technology and the possibility of its development in sustainable logistics and supply chain management. Although the benefits of blockchain technology have been most widely researched in the financial sector, major challenges in logistics, such as order delay, damage to goods, errors, and multiple data entry can also be minimized by introducing blockchain technology. This paper presents a comprehensive review of the current and rising trends of blockchain technology usage in logistics and supply chain management.

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Section: Perspective Of Blockchain Technology In Logisticsmentioning

confidence: 99%

Section: Perspective Of Blockchain Technology In Logisticsmentioning

confidence: 99%

Blockchain Technology Implementation in Logistics

Aksentijević²,

et al. 2019

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“…At present, most of the areas of business are linked to big data. It has significant influence on various perspectives of business such as business process management, human resources management, R&D management [8,63], business analytics [19,26,42,59,63], B2B business process, marketing, and sales [30,39,53,58], industrial manufacturing process [7,15,40], enterprise's operational performance measurement [20,69,81], policy making [2], supply chain management, decision, and performance [4,38,64], and so other business arenas.…”

Section: Literature Reviewmentioning

confidence: 99%

“…After that, the volume is also a bigger interest for the multistage supply chains than to two-staged supply chains. Raman et al [64] provided a new model, Supply Chain Operations Reference (SCOR), by incorporating SCM with big data. This model exposes the adoption of big data technology adds significant value as well as creates financial gain for the industry.…”

Section: Literature Reviewmentioning

confidence: 99%

Current landscape and influence of big data on finance

2020

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In the age of technological innovation, various types of data are available with the advance of information technologies, and data is seen as one of the most valuable commodities in managing automation systems [13, 68]. In this sense, financial markets and technological evolution have become related to every human activity in the past few decades. Big data technology has become an integral part of the financial services industry and will continue to drive future innovation [12]. Financial innovations are also considered the fastest emerging issues in financial services. More specifically, they cover a variety of financial businesses such as online peer-to-peer lending, crowd-funding platforms, SME finance, wealth management and asset management platforms, trading management, crypto-currency, money/remittance transfer, mobile payments platforms, and so on. All of these services create thousands of pieces of data every day. Therefore,

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“…Another measurement is that of market performance in comparison with that of competitors (Gupta & George, 2016;Ren et al, 2016;Wamba et al, 2017;). Besides this, we identified other measurements such as customer retention (Akter et al, 2016), customer satisfaction (Raman et al, 2018), or customer relationship management performance (Nam et al, 2019). One type of performance is that in regards to decision effectiveness.…”

Section: Performance Measurementmentioning

confidence: 99%

Big Data Analytics and Organizational Performance: A Meta-Analysis Study

Bogdan¹,

Borza²

2019

MER

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Big data analytics gained a great deal of attention from both, the business world and the academia. Investments of time, capital and personnel are significant, to the level that pioneers of this field reached a point of no return. Although there are clear insights of successful companies built on a big data analytics strategy, the results from the researchers' work show mixed outcomes. It is not explicit under which circumstances big data analytics adoption leads to positive results. The purpose of this study is to run a meta-analysis review on the empirical articles that tackle big data analytics and organizational performance topics. As a methodology, we searched all the articles indexed on ISI Web of Knowledge during period January 2010-May 2019. After the first filter, we selected 375, out of which we included only those studies which respected our full criteria: empirical study, provided results, at least one effect size and measurement error displayed. Based on this standard, we included 37 articles in our meta-analysis. The findings confirm that big data analytics play an important role in organizational performance. Finally, implications for practice are discussed, and future research directions are proposed considering the limitations of our study.

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Impact of big data on supply chain management

Cited by 106 publications

References 58 publications

Blockchain Technology Implementation in Logistics

Blockchain Technology Implementation in Logistics

Current landscape and influence of big data on finance

Big Data Analytics and Organizational Performance: A Meta-Analysis Study

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