Internet of Things – the future of managing supply chain risks

2020 ◽  
Vol 25 (5) ◽  
pp. 535-548 ◽  
Author(s):  
Hendrik Sebastian Birkel ◽  
Evi Hartmann
Keyword(s):  
Supply Chain ◽  
Information Processing ◽  
Internet Of Things ◽  
Manufacturing Industry ◽  
Radical Change ◽  
Data Availability ◽  
Information Requirements ◽  
Case Study Methodology ◽  
Content Type ◽  
The Impact

Purpose The purpose of this paper is to investigate the implications for supply chain risk management (SCRM) by applying internet of things (IoT). Therefore, the impact and effects on the SCRM process, as well as the internal and external pathway and the outcome of SCRM are examined. Design/methodology/approach This study adopts a multiple case study methodology with twelve companies from the manufacturing industry. This study is guided by the information processing theory (IPT) and a theory-grounded research framework to provide insights into information requirements and information processing capabilities for IoT-supported SCRM. Findings The studied cases demonstrate an increase in data availability in the companies that contribute to improved process transparency and process management. Furthermore, the process steps, risk transparency, risk knowledge and risk strategies have been enhanced, which enabled improved SCRM performance by fitting information requirements and information processing capabilities, thus allowing for competitive advantage. Practical implications This study offers in-depth insights for SCRM managers into the structure of IoT systems, primary use cases and changes for the process itself. Furthermore, implications for employees, incentives and barriers are identified, which could be used to redesign SCRM. Originality/value This study addresses the requirement for additional empirical research on technology-enhanced SCRM, supported by IPT as a theoretical foundation. The radical change of SCRM by IoT is demonstrated while discussing the human role, implications for SCRM strategies and identifying relevant topics for future development.

The impact of implementing green supply chain management practices on corporate performance

2016 ◽  
Vol 26 (3) ◽  
pp. 216-245 ◽  
Author(s):  
Hassan Younis ◽  
Balan Sundarakani ◽  
Prakash Vel
Keyword(s):  
Supply Chain ◽  
Manufacturing Industry ◽  
Social Performance ◽  
Operational Performance ◽  
Green Supply Chain ◽  
Research Model ◽  
Environmental Cooperation ◽  
Content Type ◽  
Green Purchasing ◽  
The Impact

Purpose The purpose of this research is to investigate the implementation of green supply chain management (GSCM) practices and its impact on corporate performance (CP). The research in particular examines the results of implementing a set of GSCM practices on different dimensions of the CP. Design/methodology/approach This study, being the first of its kind in the Middle East, developed a research model to test the relationship between four main GSCM practices namely, eco-design, green purchasing, environmental cooperation and reverse logistics, and four dimensions of CP: operational performance, environmental performance, economic performance and social performance, while controlling three main variables (firm size, firm age and environment management system certification). Statistical analyses were based on the data collected, through survey questionnaires, from 117 firms in the manufacturing industry in the UAE. Reliability and validity of the research model were tested by the commonly accepted statistical tools. To test the hypotheses relating implementation of GSCM practice and CP, multiple regression analysis was used. Findings The finding of the study was that GSCM practices impact the CP dimensions differently. While none of the four GSCM practices were found to have any impact on the environmental performance, green purchasing and environmental cooperation were found to have a significant impact on the operational performance. The study found that only green purchasing plays a role in improving the economic performance, while only reverse logistics practices were found to impact the social performance of the firm positively. Research limitations/implications Research on GSCM is still in the nascent stage. Further refinement of the survey to differentiate between different manufacturing industries might be needed. Generalizability of the findings is also limited because of data collected from manufacturing firms in the UAE. This research provides important insights. The findings of this research are generally consistent with those of prior studies in other parts of the world. Firms in manufacturing industry in the UAE believe that GSCM practices help the company design and develop better products which, in turn, increase the company chances in selling its products in the international markets while, at same time, improving the average profit and market share. It was also found that the UAE firms believe that implementation of GSCM practices help improve the corporate image, enhance employees’ job satisfaction and improve employees’ health and safety. Practical implications Implementation of GSCM practices improves CP in different ways. Supply chain managers are required to decide on the CP dimension they want to improve and accordingly select the appropriate GSCM practices mix that leads to the desired level of improvement. Originality/value Although few earlier researches studied the impact of GSCM on CP, this study is different and makes a unique contribution by offering a holistic view of the impact of implementing four main GSCM practices on all dimensions of CP. The study offers some insights on the type of GSCM practices the firm needs to adopt to improve the targeted performance dimension.

Value of IT in supply chain planning

2015 ◽  
Vol 28 (1) ◽  
pp. 77-92 ◽  
Author(s):  
Christoph Fuchs ◽  
Andreas Otto
Keyword(s):  
Supply Chain ◽  
Value Creation ◽  
Manufacturing Industry ◽  
Continuous Production ◽  
Future Research ◽  
Supply Chain Planning ◽  
Production Flow ◽  
Content Type ◽  
Value Of It ◽  
The Impact

Purpose – The purpose of this paper is to understand value creation of information technology (IT) in supply chain planning (SCP). The impact of different IT components in SCP remains unclear and requires some thorough research. In addition, an analysis of the optimization dimension provides insights into intra-functional, inter-functional and cross-company optimization. Design/methodology/approach – A survey was conducted among German companies using a continuous production flow. In total, 47 of 193 contacted companies completed the web survey, which corresponds to a response rate of 24 percent. Findings – IT functionality for SCP is widely spread. The value of IT functionality in SCP is tremendous. Implementations in demand fulfillment and available-to-promise (ATP) have the biggest value creation potential. Supply chain performance indicators can be improved by investments in certain functional domains. Packaged standard software is widely distributed and should be considered as the first option. IT functionality to improve intra-functional processes is significantly more often implemented than IT functionality for inter-functional or cross-company process optimization although the realized value is comparable. Research limitations/implications – Respondents of the survey are limited to the German continuous production flow industry. Future research could be interesting in the discrete manufacturing industry. Originality/value – The paper provides empirical insights into the value of IT in SCP where data are less available than in the ERP context. Furthermore, this paper provides first insights into the optimization dimension whether processes are optimized intra-functional, inter-functional or cross-company.

Impact of novel information technology on IT alignment and sustainable supply chain performance: evidence from Chinese manufacturing industry

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shushan Zhang ◽  
Lei Sun ◽  
Qi Sun ◽  
Haiying Dong
Keyword(s):  
Information Technology ◽  
Supply Chain ◽  
Manufacturing Industry ◽  
Two Dimensions ◽  
Three Dimensions ◽  
Supply Chain Performance ◽  
Sustainable Supply Chain ◽  
Content Type ◽  
It Alignment ◽  
The Impact

Purpose This paper aims to explore how the novel information technology (NIT) [1] affects three dimensions of sustainable supply chain performance (economic performance, environmental performance and social performance) and how two dimensions of IT alignment (IT infrastructure alignment and IT human resources alignment) mediate the relationship between them. Design/methodology/approach NIT is defined, the dimension of IT alignment is expanded, the theoretical hypotheses are proposed and are tested using survey data from 394 manufacturing enterprises using NIT in China. Findings The results indicate that NIT plays a positive role in improving sustainable supply chain performance, and IT alignment mediates the impact of NIT on sustainable supply chain performance. Originality/value This study highlights the impact of NIT on sustainable supply chain performance and demonstrates IT alignment as a mediator between them, it also provides a deeper understanding of how different dimensions of IT alignment affect sustainable supply chain performance

Supply chains and COVID-19: impacts, countermeasures and post-COVID-19 era

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Atif Saleem Butt
Keyword(s):  
Supply Chain ◽  
Structured Interviews ◽  
Senior Managers ◽  
Supply Chain Disruptions ◽  
Case Study Methodology ◽  
Content Type ◽  
Study Methodology ◽  
The Impact ◽  
Opening Up

PurposeThis paper explores the steps/countermeasures taken by firms to address supply chain disruptions in the wake of COVID-19.Design/methodology/approachThis study employs a case study methodology and employs 46 semi-structured interviews with senior managers of the three buying firms, four distribution centres and four supplying firms based in four countries (Pakistan, Sri Lanka, China and India).FindingsResults reveal that manufacturers are refining production schedules to meet the production challenges. Distributors are working with secondary suppliers to meet the inventory shortage. Finally, supplying firms are evaluating the impact of demand, focusing on short-term demand-supply strategy, preparing for channel shifts, opening up additional channels of communication with key customers, understanding immediate customer’s demand and priorities and finally becoming more agile.Research limitations/implicationsThere are some limitations to this study. First, the results of this study cannot be generalized to a wider population. Second, this study explores the interpretations of senior managers based in four Asian countries only.Practical implicationsSupply chain firms can use these findings to understand how COVID-19 is affecting firms. Firms can also use the suggestions provided in this study to mitigate the impact of COVID-19 and make the best out of this pandemic.Originality/valueThis study contributes to the supply chain disruption literature by exploring the robust countermeasure taken by supply chain firms amid COVID-19 outbreak. In particular, it explores such countermeasures from the perspective of three different entities (buyer, supplier and distributor) based in four different countries in the South Asian region.

Does finance solve the supply chain financing problem?

2016 ◽  
Vol 21 (5) ◽  
pp. 534-549 ◽  
Author(s):  
Federico Caniato ◽  
Luca Mattia Gelsomino ◽  
Alessandro Perego ◽  
Stefano Ronchi
Keyword(s):  
Supply Chain ◽  
Financial Management ◽  
Point Of View ◽  
Adoption Process ◽  
Case Study Methodology ◽  
Content Type ◽  
Moderating Variables ◽  
Reference Framework ◽  
General Topic ◽  
The Impact

Purpose Recently, in response to the credit crunch and the increased costs of financing, new solutions for supporting the financial management of supply chains, known as supply chain finance (SCF), have been developed. They exploit the strengths of supply chain links to optimise working capital. The purpose of this paper is to provide a reference framework that links together the objectives leading to the adoption of SCF solutions and several moderating variables. Design/methodology/approach This paper adopts a multiple case study methodology, analysing 14 cases of the application of SCF solutions among Italian companies. Findings The main findings are the identification of the different objectives leading to the adoption of SCF; the analysis of the impact of moderating variables (the level of inter- and intra-firm collaboration, the level of the trade process digitalisation and the bargaining power and financial strength of the leading firm) on SCF adoption; and the formulation of a reference framework supporting the effective adoption of SCF solutions. Research limitations/implications This contribution is exploratory in nature; theory-testing contributions should be the focus of further research. Also, the sample is limited to Italian companies. Finally, the service provider’s point of view has been marginally taken into consideration in this study. Originality/value The article addresses the need for more empirical research on SCF. It provides a reference framework focused on the objectives and moderating variables leading to effective SCF adoption, providing a theory-building contribution on the general topic of SCF and on the specific topic of the adoption process of different SCF solutions.

The impact of additive manufacturing on supply chains

2017 ◽  
Vol 47 (10) ◽  
pp. 954-971 ◽  
Author(s):  
Christian F. Durach ◽  
Stefan Kurpjuweit ◽  
Stephan M. Wagner
Keyword(s):  
Supply Chain ◽  
Additive Manufacturing ◽  
Manufacturing Industry ◽  
Chain Structure ◽  
Survey Study ◽  
Content Type ◽  
Multi Stage ◽  
Supply Chain Structure ◽  
The Impact ◽  
Am Processes

Purpose The purpose of this paper is to offer empirical insights on emerging additive manufacturing (AM) processes, barriers to their adoption and a timeline of expected impacts on the supply chain in the manufacturing industry. Design/methodology/approach A multi-stage survey study was conducted with a panel of 16 experts from industry and academia. Findings Only five out of today’s seven AM processes are of future importance, as are two emerging key processes. In total, 15 barriers to their adoption are identified, all of which are expected to be gone within ten years. Eight propositions are derived postulating as to whether and when supply chain impacts can be expected in terms of changes to supply chain structure, customer centricity, logistics and supply chain capability. Research limitations/implications “Soft” barriers are new to the literature, which has traditionally focused on “technical” barriers. Often-discussed barriers such as production speed and costs do not reflect the true concerns of the research panel. Furthermore, some of the supply chain implications discussed in both the academic literature and the media are found to be unlikely to materialize. Practical implications The study summarizes AM processes, technologies, barriers and supply chain implications solicited from experts in the field. Originality/value This is one of the first studies to make empirical contributions to a vastly conceptual discussion. It is also the first study to give insights on a timeline for barriers and supply chain implications.

Aligning supply chain transportation strategy with industry characteristics

2015 ◽  
Vol 45 (9/10) ◽  
pp. 837-860 ◽  
Author(s):  
Jian-yu Fisher Ke ◽  
Robert J. Windle ◽  
Chaodong Han ◽  
Rodrigo Britto
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Manufacturing Industry ◽  
Transportation Cost ◽  
Global Supply Chains ◽  
Data Set ◽  
Content Type ◽  
New Findings ◽  
Air Freight ◽  
The Impact

Purpose – The purpose of this paper is to propose that transportation modal mix in global supply chains is a result of the strategic alignment between industry characteristics and supply chain strategies. Design/methodology/approach – Using annual US trade statistics and manufacturing industry data for the years 2002-2009 between the USA and its top 12 Asian trading partners, this study applies various regression methods to examine key factors associated with the transport modal decision. Findings – The results show that industry characteristics have an impact on the transportation modal mix in global supply chains. Manufacturing industries use more air freight and less ocean freight when facing positive sales surprises, high-monthly demand variation, a high-contribution margin ratio, a high cost of capital, and increased competition. Practical implications – The findings provide important insights for logistics managers and freight forwarders. While transportation cost remains an important concern, a logistics manager must also consider non-cost factors such as competition, working capital, and demand uncertainties in their modal decisions. Freight forwarders should be supply chain solution providers who consider all of these industry factors and suggest a proper mix of transportation modes for their customers. Originality/value – This study is among the first efforts to examine the impact of industry characteristics on the transportation modal mix in global supply chains. This study first develops a theoretical framework for the modal choice decision for international transportation movements and then, using an extensive and innovative data set, provides new findings regarding current air freight practices in global supply chains.

Strategies to mitigate the impact of COVID-19 on supply chain disruptions: a multiple case analysis of buyers and distributors

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Atif Saleem Butt
Keyword(s):  
Supply Chain ◽  
Structured Interviews ◽  
Senior Managers ◽  
Supply Chain Disruptions ◽  
Case Study Methodology ◽  
Content Type ◽  
Business Operations ◽  
Multiple Case ◽  
Supplier Risk ◽  
The Impact

PurposeThis paper explores the steps/countermeasures taken by buying and distributing firms to address supply chain disruptions caused by COVID-19.Design/methodology/approachThis study employs a multiple case study methodology and conducts 36 semi-structured interviews with senior managers of nine different firms producing, procuring or distributing products from China and other highly impacted South Asian regions (Pakistan, Sri Lanka, India).FindingsResults reveal that buying firms are moving to agile production, focusing on tier-1 supplier risk, enhancing inbound material visibility and temporarily closing production facilities to respond to the challenges posed by COVID-19. Furthermore, distribution centres are modifying their inventory policies, evaluating alternative outbound routes and sources of supply to manage disruptions caused to their business operations amid COVID-19 outbreak.Practical implicationsSupply chain firms can use the countermeasures provided in this study to mitigate the impact of COVID-19 and make the best out of this pandemic.Originality/valueThis study contributes to the supply chain literature by exploring the countermeasures taken by firms to mitigate the impact of COVID-19. In particular, this study explores such countermeasures from the perspective of two different entities (buyers and distributors) along the supply chain. Firms can use the countermeasures highlighted in this study to mitigate the impact of COVID-19 on the supply chain.

Implementation of supply chain management and its impact on the value of firms

2005 ◽  
Vol 10 (4) ◽  
pp. 313-318 ◽  
Author(s):  
Uma V. Sridharan ◽  
W. Royce Caines ◽  
Cheryl C. Patterson
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Firm Value ◽  
Future Research ◽  
Case Study Methodology ◽  
Chain Management ◽  
Content Type ◽  
Market Values ◽  
Implementation Methodology ◽  
The Impact

PurposeThe purpose of this research is to examine the effect of supply chain implementation issues on firm value.Design/methodology/approachUsing case study methodology, this paper outlines the cases of Hershey and Nike and the impact of supply chain implementation issues on these firms’ value.FindingsDifficulties in the implementation of supply chain management software designed to maximize firm value, can result in a disruption of a firm's supply chain, causing losses for the firm and a decline in firm value; thereby creating much disappointment for the firm's shareholders. Hence, great care should be taken with the implementation of new SCM solutions.Research limitations/implicationsFuture research may be directed at extending this work by examining the changes in the market values of a wide sample of client and provider firms following the implementation of new supply chain solutions.Practical implicationsWhen modifying a standard supply chain template to suit a customer's requirements, particular care should be used in implementation and provider firms should insist that clients follow the provider's implementation methodology. Complex SCM systems designed to track a multiplicity of product varieties, may lead to difficulties in implementation. Prior to switching to a new SCM system there should be adequate testing to see if the system meets the client's requirements. Premature switching can have disastrous consequences.Originality/valueThis research demonstrates the impact of implementation issues on the effectiveness of SCM technology.

An empirical examination of firm financial performance along dimensions of supply chain resilience

2017 ◽  
Vol 40 (3) ◽  
pp. 254-269 ◽  
Author(s):  
Xun Li ◽  
Qun Wu ◽  
Clyde W. Holsapple ◽  
Thomas Goldsby
Keyword(s):  
Supply Chain ◽  
Financial Performance ◽  
Three Dimensions ◽  
Empirical Examination ◽  
Content Type ◽  
Supply Chain Resilience ◽  
Critical Dimensions ◽  
Firm Financial Performance ◽  
Supply Chain Agility ◽  
The Impact

Purpose This paper aims to investigate the impact of three critical dimensions of supply chain resilience, supply chain preparedness, supply chain alertness and supply chain agility, all aimed at increasing a firm’s financial outcomes. In a turbulent environment, firms require resilience in their supply chains to prepare for potential changes, detect changes and respond to actual changes, thus providing superior value. Design/methodology/approach Using survey data from 77 firms, this study develops scales for preparedness, alertness and agility. It then tests their hypothesized relationships with a firm’s financial performance. Findings The results reveal that the three dimensions of supply chain resilience (i.e. preparedness, alertness and agility) significantly impact a firm’s financial performance. It is also found that supply chain preparedness, as a proactive resilience capability, has a greater influence on a firm’s financial performance than the reactive capabilities including alertness and agility, suggesting that firms should pay more attention to proactive approaches for building supply chain resilience. Originality/value First, this study develops a comparatively comprehensive definition for supply chain resilience and explores its dimensionality. Second, this study provides empirically validated instruments for the dimensions of supply chain resilience. Third, this study is one of the first to provide empirical evidence for direct impact of supply chain resilience dimensions on a firm’s financial performance.

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