Analysis of the 5Vs of Big Data in Virtual Travel Organizations

2019 ◽  
pp. 43-70
Author(s):  
Serkan Polat ◽  
Fevzi Esen ◽  
Emrah Bilgic
Keyword(s):  
Information Technology ◽  
Big Data ◽  
Supply Chain ◽  
Information Technologies ◽  
Point Of View ◽  
Massive Data ◽  
Nature Tourism ◽  
Tourism Marketing ◽  
Key Concepts ◽  
Tourism Supply Chain

Virtual travel organizations, one of the most effective actors of tourism marketing, use information technology-based systems in parallel with the increasing use of information technologies. The competition in the tourism industries pushes virtual travel organizations to remain dynamic. Thus, customers can demand affordable and qualified tourism products. For this reason, it is inevitable for virtual travel organizations to use information technologies, in order to meet customers' demands efficiently and cost-effectively. Due to its nature, tourism products cannot be experienced before the sale. In order to analyze the expectations of the tourism customers, big-data-related technologies are valuable assets to the virtual travel organizations. From this point of view, managing massive data generated by tourism consumers is vital for the tourism supply chain. To the best of the authors' knowledge, there is no study relating big data and virtual travel organizations. In this chapter, the importance of five key concepts of big data have been discussed in terms of virtual travel organizations.

Big Data and Analytics

2017 ◽  
Vol 8 (3) ◽  
pp. 79-92 ◽  
Author(s):  
Dominik Krimpmann ◽  
Anna Stühmeier
Keyword(s):  
Information Technology ◽  
Big Data ◽  
Quantitative Analysis ◽  
Corporate World ◽  
Business Results ◽  
Key Concepts ◽  
Data Scientist

Big Data and Analytics have become key concepts within the corporate world, both commercially and from an information technology (IT) perspective. This paper presents the results of a global quantitative analysis of 400 IT leaders from different industries, which examined their attitudes toward dedicated roles for an Information Architect and a Data Scientist. The results illustrate the importance of these roles at the intersection of business and technology. They also show that to build sustainable and quantifiable business results and define an organization's competitive positioning, both roles need to be dedicated, rather than shared across different people. The research also showed that those dedicated roles contribute actively to a sustainable competitive positioning mainly driven by visualization of complex matters.

Collaborative Commerce

2005 ◽  
pp. 1-18
Author(s):  
Eldon Y. Li ◽  
Timon C. Du
Keyword(s):  
Information Technology ◽  
Supply Chain ◽  
Enterprise Resource Planning ◽  
Concurrent Engineering ◽  
Information Technologies ◽  
Resource Planning ◽  
Collaborative Commerce ◽  
Collaborative Technology ◽  
Integrated Technology ◽  
Business Partners

This chapter introduces collaborative commerce as a means of integrating information technologies into e-business adoption. It explains how companies use information technology to achieve a closer integration and a better management of business relationships among business partners, including internal personnel, business partners, and customers. In this chapter, collaborative commerce is defined as (1) a collaborative technology, similar to workflow collaboration; (2) a customer-driven technology, similar to a pull-type supply chain; (3) a functionally integrated technology, similar to concurrent engineering; and (4) a business-driven technology, similar to enterprise resource planning, for cross-organisational integration. The authors hope that understanding the characteristics and infrastructures of collaborative commerce can improve the adoption of the technologies.

Role of Information Technology on Supply Chain Management of Pharmaceutical Industry

2018 ◽  
Vol 8 (2) ◽  
pp. 39-68
Author(s):  
Saibal Kumar Saha ◽  
Ajeya Jha
Keyword(s):  
Information Technology ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Pharmaceutical Industry ◽  
Point Of View ◽  
Special Focus ◽  
Successful Implementation ◽  
Chain Management ◽  
Role Of It

Supply Chain Management SCM is a very critical part of any business. A well-coordinated SCM can improve the efficiency of the business and help in cost reduction. As information technology (IT) is being used widely across all businesses, SCM can benefit to a large extent by the use of IT. This article reviews a number of papers in this field and suggests research gaps for further exploration. The aim of this article is to review the literature on the role of IT on supply chain management (SCM) with special focus on the pharmaceutical industry and suggest possible gaps from the point of view of researchers and practitioners. The article finds that IT has made a significant impact in improving the efficiency of SCM. But its successful implementation and collaboration with other firms is the key to success for an efficient SCM. Within each category, gaps have been identified.

scholarly journals Enablers to supply chain performance on the basis of digitization technologies

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Himanshu Gupta ◽  
Sarangdhar Kumar ◽  
Simonov Kusi-Sarpong ◽  
Charbel Jose Chiappetta Jabbour ◽  
Martin Agyemang
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Supply Chain ◽  
Information Technologies ◽  
Data Science ◽  
Content Type ◽  
Big Data Technologies ◽  
Fierce Competition ◽  
Practical Implications ◽  
Improve Supply Chain

PurposeThe aim of this study is to identify and prioritize a list of key digitization enablers that can improve supply chain management (SCM). SCM is an important driver for organization's competitive advantage. The fierce competition in the market has forced companies to look the past conventional decision-making process, which is based on intuition and previous experience. The swift evolution of information technologies (ITs) and digitization tools has changed the scenario for many industries, including those involved in SCM.Design/methodology/approachThe Best Worst Method (BWM) has been applied to evaluate, rank and prioritize the key digitization and IT enablers beneficial for the improvement of SC performance. The study also used additive value function to rank the organizations on their SC performance with respect to digitization enablers.FindingsThe total of 25 key enablers have been identified and ranked. The results revealed that “big data/data science skills”, “tracking and localization of products” and “appropriate and feasibility study for aiding the selection and adoption of big data technologies and techniques ” are the top three digitization and IT enablers that organizations need to focus much in order to improve their SC performance. The study also ranked the SC performance of the organizations based on digitization enablers.Practical implicationsThe findings of this study will help the organizations to focus on certain digitization technologies in order to improve their SC performance. This study also provides an original framework for organizations to rank the key digitization enablers according to enablers relevant in their context and also to compare their performance with their counterparts.Originality/valueThis study seems to be the first of its kind in which 25 digitization enablers categorized in four main categories are ranked using a multi-criteria decision-making (MCDM) tool. This study is also first of its kind in ranking the organizations in their SC performance based on weights/ranks of digitization enablers.

An Information Technology Planning Framework for an Industry Cluster

2011 ◽  
pp. 271-285
Author(s):  
Albert Wee Kwan Tan
Keyword(s):  
Information Technology ◽  
Supply Chain ◽  
Information Technologies ◽  
Technology Planning ◽  
Industry Cluster ◽  
Chain Management ◽  
Planning Framework ◽  
It Capabilities ◽  
Strategic Role ◽  
Information Technology Planning

Strategic IS planning (SISP) has been found to be a key issue of concern for management across organizations in various industries. However, most SISP studies have been conducted in the context of large, for-profit organizations but not at the industry level. An industry approach to SISP has been found to be most effective in Singapore to develop the IT capabilities of each industry. This chapter introduces a framework for planning of information technologies (IT) for the industry cluster. More specifically, the different stages in planning and executing an industry scale IT project for supply chain management are discussed here based on an example from Singapore. This generic framework proposed can be used in any industry where IT plays a strategic role for industry transformation.

The Role of Emerging Information Technologies for Supporting Supply Chain Management

2019 ◽  
pp. 1236-1248
Author(s):  
Zlatko Nedelko ◽  
Vojko Potocan
Keyword(s):  
Information Technology ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Radio Frequency Identification ◽  
Information Technologies ◽  
Asia Pacific ◽  
Management Tools ◽  
Chain Management ◽  
Actual Usage

The main purpose of this chapter is to examine the role, importance, and actual usage of emerging information technology solutions that support and have potential to enhance supply chain management in practice. The role of information technology in supply chain management is discussed through the lens of several selected emerging management tools, namely collaborative innovations, corporate blogs, radio-frequency identification, and shared services centers. Results are also reported for several selected management tools utilization in selected worldwide regions, like North America, Latin America, Asia Pacific, Europe, as well as for two emerging economies from Central and East Europe, namely Slovenia and Croatia. The chapter provides practical implications, emphasizing the benefits of studied emerging information technology solutions in practice.

Evaluation of the SCM Performances in Using of Global Logistics Information Technologies

2006 ◽  
pp. 139-156
Author(s):  
Pui Y. Chan ◽  
Xinping Shi
Keyword(s):  
Information Technology ◽  
Hong Kong ◽  
Supply Chain ◽  
Information Systems ◽  
Supply Chain Management ◽  
Information Technologies ◽  
Chain Management ◽  
Global Logistics ◽  
Logistics Information

This chapter explores and evaluates the performance of supply chain management (SCM) (i.e., effectiveness and efficiency) in using global logistics information technologies (GIST) (i.e., information technology [IT] and information systems [IS]) in Hong Kong firms. This chapter is organized as follows. First, previous research on the role of functional information systems for supply chain management is discussed. Next, the characteristics of information systems utilized for supply chain management are identified, based on factor analysis of sample data from 71 Hong Kong firms. Third, a conceptual model and hypothesis relating to utilization of information systems, information technology, and SCM performance will be identified. Discussion and recommendations are explained, based on the results.

Digital platform creation in the insurance business to increase the efficiency of the internal control system

2021 ◽  
Vol 20 (6) ◽  
pp. 1177-1190
Author(s):  
Aksana A. TURGAEVA
Keyword(s):  
Information Technology ◽  
Control System ◽  
Internal Control ◽  
Information Technologies ◽  
Positive Impact ◽  
Insurance Industry ◽  
Point Of View ◽  
Insurance Companies ◽  
Digital Platform ◽  
Internal Control System

Subject. The article considers the possibilities of using digital and information-and-analytical platforms in the insurance industry to improve the efficiency of the internal control system of insurance organizations. Objectives. The study aims to review the market of information technology solutions in insurance activities; to present factors, dictating the need for a single digital platform to improve the efficiency of the internal control system of insurance companies; to present the areas of implementing FinTech solutions in insurance activities. Methods. I employ methods of observation, information processing, grouping, information technology analysis, and statistical analysis. Results. The paper presents the results of the study of information technologies used by insurance companies. It proves that the implementation of FinTech solutions is of particular importance from the point of view of streamlining the internal control and the work of supervisory authorities. Conclusions. The creation of a single digital platform for interaction between the users of insurance processes will contribute to enhancing the efficiency and effectiveness of control and supervisory procedures of internal control of insurance organizations, and have a positive impact on financial performance.

Digitalization and the greening of supply chains

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Joseph Sarkis ◽  
Mahtab Kouhizadeh ◽  
Qingyun Serena Zhu
Keyword(s):  
Information Technology ◽  
Supply Chain ◽  
Environmental Degradation ◽  
Environmental Sustainability ◽  
Information Technologies ◽  
Relevant Literature ◽  
Data Systems ◽  
Research Experience ◽  
Content Type ◽  
Trade Offs

PurposeThis study provides a reflective overview on the role of traditional and emergent digitalization and information technologies for leveraging environmental supply chain sustainability – while reflecting on potential trade-offs and conflicts of digitalization and greening.Design/methodology/approachThe authors use relevant literature and literature from Industrial Management and Data Systems (IMDS) research published in this journal over the past 50 years. They also use their knowledge and over 30 years of research experience in the field to provide professional scholarly reflections and perspective.FindingsThe authors provide a focused and succinct evaluation for research directions. A pressures, practices and performance framework sets the stage for pertinent research questions and theoretical needs to investigate the nexus of digitalization and green supply chain management. The authors provide two frameworks with exemplary practices and research for traditional and emergent digitalization and information technology. Their reflection concludes with a summary and steps forward.Social implicationsThe authors show how research and practice can be used to affect supply chain greening with digitalization and information technology. They observe that care should be taken given that these technologies can paradoxically simultaneously offer solutions to environmental degradation and potentially be a source of environmental degradation across the supply chain.Originality/valueThis work provides a summary and unique perspective that links traditional and emergent digitalization technology to green and environmental sustainability work. The area has not seen a clear summary and path forward and shows how IMDS literature has contributed to the field for decades.

Research on the application of information technology of Big Data in Chinese digital library

2019 ◽  
Vol 40 (8/9) ◽  
pp. 518-531 ◽  
Author(s):  
Shuqing Li ◽  
Zhiyuan Hao ◽  
Li Ding ◽  
Xia Xu
Keyword(s):  
Information Technology ◽  
Big Data ◽  
Digital Library ◽  
Digital Libraries ◽  
Information Technologies ◽  
New Technologies ◽  
Content Type ◽  
Technology Application ◽  
Modern Information Technology ◽  
Modern Information

Purpose Through the case analysis of China’s digital library, the purpose of this paper is to make readers understand the development status, achievements and problems of China’s digital library. At the same time, it also enables readers to understand the common application forms of these modern information technologies in digital libraries, so as to provide a reference basis for the application of new technologies in other countries’ digital libraries. Design/methodology/approach On the basis of literature review, the authors have analyzed a conspicuous collection of related papers in order to make a comprehensive summary and elaboration on the present situation of modern information technology application in Chinese digital libraries. Findings This paper defines and analyses the concepts, contents and relationships of the three most important modern Big Data information technologies, and then completes the analysis of the current situation of the application of information technology in Chinese digital libraries. The block chain can achieve more accurate information collection, more secure information storage and more effective information dissemination. Artificial intelligence can improve the existing digital library service level in three aspects: resource construction, information organization and information service. Internet plus will help transform the traditional digital library business mode in order to adapt to the change of user-centered service. Originality/value This is among the first structured attempts of comprehensively and generally summarizing the application of modern information technology in Chinese digital libraries. It also contains an original exploration of the relationship between the main kinds of modern information technology. Based on this, a relatively complete application scenario and possible vision of modern information technology in digital library can be built.

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