E-Business Risk Management in Firms

2011 ◽  
pp. 267-291
Author(s):  
Ganesh Vaidyanathan

In order to understand the different types of e-business risks, this chapter uses a framework focusing on five dimensions of e-businesses. This chapter examines e-business risk management in a broader context by integrating various functions within firms. Primary consideration is given to characteristics of the integrated supply chain functionalities of a firm and their associations with information technology (IT), business models of firms, business processes that have become important to e-business, services that have been interlocked into e-business, the relative importance of partnerships, trust, and the necessity of adaptation in managing the supply chain in order to attain competitive advantage. The purpose of this chapter is to understand how to identify and manage various online risks.

Author(s):  
Ganesh Vaidyanathan

In order to understand the different types of e-business risks, this chapter uses a framework focusing on five dimensions of e-businesses. This chapter examines e-business risk management in a broader context by integrating various functions within firms. Primary consideration is given to characteristics of the integrated supply chain functionalities of a firm and their associations with information technology (IT), business models of firms, business processes that have become important to e-business, services that have been interlocked into e-business, the relative importance of partnerships, trust, and the necessity of adaptation in managing the supply chain in order to attain competitive advantage. The purpose of this chapter is to understand how to identify and manage various online risks.


2009 ◽  
pp. 1821-1842
Author(s):  
Ganesh Vaidyanathan

In order to understand the different types of e-business risks, this chapter uses a framework focusing on five dimensions of e-businesses. This chapter examines e-business risk management in a broader context by integrating various functions within firms. Primary consideration is given to characteristics of the integrated supply chain functionalities of a firm and their associations with information technology (IT), business models of firms, business processes that have become important to e-business, services that have been interlocked into e-business, the relative importance of partnerships, trust, and the necessity of adaptation in managing the supply chain in order to attain competitive advantage. The purpose of this chapter is to understand how to identify and manage various online risks.


2008 ◽  
Vol 27 (1) ◽  
pp. 3-13
Author(s):  
Charu Chandra ◽  
Jānis Grabis

Multiple interrelated decision-making models are frequently used in supply chain modeling. Model integration is a precondition for efficient development and utilization of these models. This paper discusses use of modern information technology (IT) techniques and methods for integration of supply chain decision-making models. The overall approach to using IT at various stages of model development is presented. Data and process modeling techniques are used to developed semi-formalized representation of integrated models. These models support integration of decision-making components with other parts of supply chain information system. Process modeling is also used to describe interrelationships among multiple decision-making models. This representation is used as the basis for implementation of integrated models. The service-oriented architecture is proposed as an implementation platform. The presented discussion serves as the basis for further developments in developing integrated supply chain decision-making models.


Smart Cities ◽  
2021 ◽  
Vol 4 (3) ◽  
pp. 995-1003
Author(s):  
Li Meng

The internet of things (IoT) and social media provide information related to disasters that could help businesses to strategically mitigate risks and optimize their supply chain during difficult times. This paper proposes a framework to show how business or supply chain enterprisers can collaborate with community and government in disaster supply chain risk management. Businesses must have an established risk mitigation plan, update it periodically and implement promptly. Community collaboration can build a resilient society, and government should play an important role in leading both financial and non-financial support during natural disasters and pandemic management. The IoT and social media are new mechanisms as a vocal point to enable government, ensuring trustworthiness of information, to provide the community with a means to express needs and feedback, and to assist business services to meet the changeable preferences under risk threats. Social media can be a collaborative effort between all the parties and helps make value added decisions efficiently in supply chain risk management.


2021 ◽  
pp. 68-72
Author(s):  
Muna Shehada ◽  
F.V. Akulinin

Information technology, artificial intelligence and other innovative areas of economic development allow manufacturers to reduce their operating costs by improving resource planning. Optimizing supply chain management (SCM) can improve the efficiency of all business processes in an organization, while reducing costs and increasing financial sustainability.


Author(s):  
Sultan Ceren Oner ◽  
Mahir Oner

Supply chain management paradigms are becoming increasingly common management perspectives all over the world due to violent global competition of trade organizations and rapid changes in technology. In recent years, thanks to the communication improvements, customers have become more conscious about purchasing goods or services. Furthermore, organizations have to be customer oriented and more flexible against the dynamism of supply chain environment which increases uncertainties in supply chain parameters. Although a considerable amount of risk factors appearing in supply chain operations, this study concentrates on detecting key supply chain risks which could cause abnormalities and occur from rapid changes in customer demand, unpredictable price fluctuations, defect variations and delivery delays and provides the correction of these problems automatically. Thus, a system dynamics model is established for determining risks. This combined approach would be helpful for integrated supply chain risk management.


Author(s):  
Subramanian Nachiappan ◽  
Natarajan Jawahar

Supply chain is a network of firms interacting in a linear fashion to produce, sell and deliver a product or service to a predetermined market segment. It links all the chain partners within and across organization to work competitively by forming the partnerships together with the integration of business processes, technical and organizational aspects. The successful implementation of supply chain management depends on many soft issues (strategic/behavioural). The soft issues of supply chain models can be dealt through proper information sharing, communication and coordination between the stages of supply chain. Vendor managed inventory is a proven concept for successful collaborative and cooperative agreements in supply chain. This chapter reviews some of the soft issues in two-echelon supply chain models and proposes a classification schema. This chapter surveys the theoretical background and application of vendor managed inventory systems based on environment, operational issues and solution approaches. Hence it is concluded that the framework presented in this chapter would aid supply chain managers and researchers to further look into the soft issues while modeling supply chain with information technology enabled vendor managed inventory systems.


Author(s):  
Tasneem Aamir

Digital enterprise transformation focuses on alignment of processes, products, services, business models, and technologies to perceive business value. Digital business integration in an organization utilizes information technology and its tools to drive and manage the life cycle of digital enterprise transformation. It utilizes the practices and approaches of IT governance with modern application tools and APIs. The millennium brought many technological advancements over internet technologies and these technologies operate numerous applications and business services. The span of digital enterprises is expanding and continues to grow with their evolution on a web scale. This chapter is an effort to present understanding about machine learning and automation around businesses intelligence and analytics on a web scale. The chapter provides a brief summary of technologies used in digital enterprise transformation for all the domains of an organization.


Author(s):  
Md. Masudul Hassan ◽  
Samira Islam Resmi

Digitalization is the use of technological innovations within the business context with a major influence on products, services, business processes, sales channels, and supply channels. The associated potential advantages include, among others, increased sales or productivity, innovations in price creation, and new sorts of client interaction. Global enterprises are facing supply chain issues, and consequently, potentially higher operational costs, lower inventory, and the prospects of lower demand will make them reluctant to disburse resources and time to connect in M&A and financing activities, predominantly if valuations of targets remain high. Digitalization of the supply chain (DSC) could be a way that companies can start to strategize and accomplish trade strength against supply chain disturbance. The main focus of this chapter is that digitalization enhances prosperity without human contact in a pandemic, will alter labor markets, and impacts business models.


2018 ◽  
Vol 54 (1) ◽  
pp. 61-73
Author(s):  
Mladen Jardas ◽  
Čedomir Dundović ◽  
Marko Gulić ◽  
Katarina Ivanić

The new technology greatly affects the way of production, consumption, communication, service delivery and ultimately on the entire supply chain. All stakeholders in the business process must invest in new knowledge and develop new business models to adapt to the changing business environment. Connecting devices over internet (Internet of things) and stakeholders’ synergy open up opportunities for new market achievements as well as for the improvement of business processes both in the supply chain and in ports. The development of information technologies has an impact on the reduction of errors, costs, time of information transfer and transport, inventory reduction and thus on better customization. There should be no weak links in the supply chain, which is especially related to the port and port processes that are the basis of the supply chain network. The port is the core of all activities of the supply chain and is also a place where supply and demand meet.


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