The Role of It in Enhancing Supply Chain Resilience: A Global Review

Akoh Atadoga,; Femi Osasona,; Olukunle Oladipupo Amoo,; Oluwatoyin Ajoke Farayola,; Benjamin Samson Ayinla,; Temitayo Oluwaseun Abrahams,

doi:10.51594/ijmer.v6i2.774

Int. j. manag. entrep. res

2024

DOI: 10.51594/ijmer.v6i2.774

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The Role of It in Enhancing Supply Chain Resilience: A Global Review

Akoh Atadoga,

Femi Osasona,

Olukunle Oladipupo Amoo

et al.

Abstract: In today's dynamic and interconnected global business environment, supply chain resilience has emerged as a critical factor for organizations seeking to navigate uncertainties and disruptions. This review explores the pivotal role of Information Technology (IT) in bolstering supply chain resilience on a global scale. As supply chains become increasingly complex and vulnerable to various risks, including natural disasters, geopolitical tensions, and pandemics, leveraging IT capabilities becomes imperative for o… Show more

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Cited by 2 publications

References 81 publications

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From Theory to Practice: Leveraging Digital Twin Technologies and Supply Chain Disruption Mitigation Strategies for Enhanced Supply Chain Resilience with Strategic Fit in Focus

Hossain,

Talapatra,

Saha

et al. 2024

Glob J Flex Syst Manag

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Supply chain resilience (SCR) has been a topic of enormous interest among researchers for almost two decades. Still, there’s been limited focus on the impact of digital twin (DT) technologies and supply chain disruption mitigation (SCDM) strategies on SCR. This study addresses this gap by examining how DT and SCDM strategies enhance SCR and whether strategic fit (SF) moderates these relationships. Using the dynamic capability view (DCV) as the theoretical foundation, we developed our conceptual framework and research hypotheses. Data were collected from 200 Bangladeshi manufacturing organizations through a survey-based approach, and the partial least square (PLS) technique was utilized to assess the framework and research hypotheses. The findings reveal that both DT technologies and SCDM strategies significantly boost SCR. Besides, while SF plays a critical moderating role in the relationship between DT and SCR, it does not moderate the association between SCDM strategies and SCR. This study contributes to the theoretical understanding of SCR by integrating DT and SCDM strategies within the DCV framework, offering insights into their roles in managing supply chain disruptions. Additionally, it provides practical guidance for managers on effectively leveraging DT and SCDM strategies to build resilient supply chains while emphasizing the importance of strategic alignment in optimizing digital interventions.

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From Theory to Practice: Leveraging Digital Twin Technologies and Supply Chain Disruption Mitigation Strategies for Enhanced Supply Chain Resilience with Strategic Fit in Focus

Hossain,

Talapatra,

Saha

et al. 2024

Glob J Flex Syst Manag

View full text Add to dashboard Cite

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Research on Sales Dynamic Forecasting Method Based on Time Series Analysis in Global Supply Chain Environment

Zhu

2024

Applied Mathematics and Nonlinear Sciences

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This paper uses time series analysis to forecast sales dynamics in a global supply chain environment. The study selects supermarket chain data with typical time series characteristics and extracts features from it. We combine the delay operator’s difference operation with the ARMA model to construct the ARIMA model, which predicts and analyzes the sales volume of the supermarket chain dataset from 2016 to 2018. To address the issue of time series models being susceptible to nonlinear characteristics and random variables, this paper integrates the ARIMA model and the random forest RF model into a simple weighted average, forming the ARIMA-RF model. The accuracy of the model for sales volume prediction has greatly improved compared to the ARIMA model and RF model, with an accuracy rate as high as 99%. Meanwhile, the ARIMA-RF model has the smallest RMSE value among all the compared models and has the highest prediction accuracy among all the models for the sales volume in the 3rd quarter of 2018.

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The Role of It in Enhancing Supply Chain Resilience: A Global Review

Cited by 2 publications

References 81 publications

From Theory to Practice: Leveraging Digital Twin Technologies and Supply Chain Disruption Mitigation Strategies for Enhanced Supply Chain Resilience with Strategic Fit in Focus

From Theory to Practice: Leveraging Digital Twin Technologies and Supply Chain Disruption Mitigation Strategies for Enhanced Supply Chain Resilience with Strategic Fit in Focus

Research on Sales Dynamic Forecasting Method Based on Time Series Analysis in Global Supply Chain Environment

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