Understanding the role of digital technologies in supply chain risks management

Jiayan Yang; Vikas Kumar; Banu Ekren; Evgeny Kuzmin

doi:10.1007/978-3-030-73261-5_13

Understanding the role of digital technologies in supply chain risks management

Jiayan Yang, Vikas Kumar^*, Banu Ekren, Evgeny Kuzmin

^*Corresponding author for this work

Directorate

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Abstract

Supply chain risks have been regarded as one of the most significant threats to business continuity. Digital technology is considered to reform human production and manufacturing methods. In the recent wake of COVID-19, disruptive digital technologies have emerged as a key tool to manage supply chain risks. Therefore, exploring the impact of digital technology on supply chain risks is considered an important topic in the supply chain management domain. The paper reviews different digital technologies such as 3D printing, IoT, Blockchains, RFID and Big Data Analytics used in supply chains. This exploratory study is based on a survey response from 176 supply chain professionals in China. The findings show the role of digital technologies in managing supply chain risks. The study highlights the current level of implementation of digital technologies in supply chain functions and emphasizes the importance of training. Moreover, the study underlines the significance of supply chain data analysis capabilities for supply chain risk management. The study adds to the limited literature exploring the importance of digital technologies in supply chain risk management.

Original language	English
Title of host publication	Digital Transformation in Industry - Trends, Management, Strategies
Editors	Vikas Kumar, Jafar Rezaei, Victoria Akberdina, Evgeny Kuzmin
Publisher	Springer Science and Business Media Deutschland GmbH
Pages	133-146
Number of pages	14
ISBN (Print)	9783030732608
DOIs	https://doi.org/10.1007/978-3-030-73261-5_13
Publication status	Published - 27 Jul 2021
Event	International Scientific Conference on Digital Transformation in Industry: Trends, Management, Strategies, 2020 - Ekaterinburg, Russian Federation Duration: 27 Nov 2020 → 27 Nov 2020

Publication series

Name	Lecture Notes in Information Systems and Organisation
Volume	44
ISSN (Print)	2195-4968
ISSN (Electronic)	2195-4976

Conference

Conference	International Scientific Conference on Digital Transformation in Industry: Trends, Management, Strategies, 2020
Country/Territory	Russian Federation
City	Ekaterinburg
Period	27/11/20 → 27/11/20

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure

Keywords

Digital technologies
Industry 4.0
Risk management
Supply chain

Access to Document

10.1007/978-3-030-73261-5_13

https://uwe-repository.worktribe.com/output/7338022/understanding-the-role-of-digital-technologies-in-supply-chain-risks-management

Cite this

Yang, J., Kumar, V., Ekren, B., & Kuzmin, E. (2021). Understanding the role of digital technologies in supply chain risks management. In V. Kumar, J. Rezaei, V. Akberdina, & E. Kuzmin (Eds.), Digital Transformation in Industry - Trends, Management, Strategies (pp. 133-146). (Lecture Notes in Information Systems and Organisation; Vol. 44). Springer Science and Business Media Deutschland GmbH. https://doi.org/10.1007/978-3-030-73261-5_13

Yang, Jiayan ; Kumar, Vikas ; Ekren, Banu et al. / Understanding the role of digital technologies in supply chain risks management. Digital Transformation in Industry - Trends, Management, Strategies. editor / Vikas Kumar ; Jafar Rezaei ; Victoria Akberdina ; Evgeny Kuzmin. Springer Science and Business Media Deutschland GmbH, 2021. pp. 133-146 (Lecture Notes in Information Systems and Organisation).

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title = "Understanding the role of digital technologies in supply chain risks management",

abstract = "Supply chain risks have been regarded as one of the most significant threats to business continuity. Digital technology is considered to reform human production and manufacturing methods. In the recent wake of COVID-19, disruptive digital technologies have emerged as a key tool to manage supply chain risks. Therefore, exploring the impact of digital technology on supply chain risks is considered an important topic in the supply chain management domain. The paper reviews different digital technologies such as 3D printing, IoT, Blockchains, RFID and Big Data Analytics used in supply chains. This exploratory study is based on a survey response from 176 supply chain professionals in China. The findings show the role of digital technologies in managing supply chain risks. The study highlights the current level of implementation of digital technologies in supply chain functions and emphasizes the importance of training. Moreover, the study underlines the significance of supply chain data analysis capabilities for supply chain risk management. The study adds to the limited literature exploring the importance of digital technologies in supply chain risk management.",

keywords = "Digital technologies, Industry 4.0, Risk management, Supply chain",

author = "Jiayan Yang and Vikas Kumar and Banu Ekren and Evgeny Kuzmin",

note = "Publisher Copyright: {\textcopyright} 2021, The Author(s), under exclusive license to Springer Nature Switzerland AG.; International Scientific Conference on Digital Transformation in Industry: Trends, Management, Strategies, 2020 ; Conference date: 27-11-2020 Through 27-11-2020",

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Yang, J, Kumar, V, Ekren, B & Kuzmin, E 2021, Understanding the role of digital technologies in supply chain risks management. in V Kumar, J Rezaei, V Akberdina & E Kuzmin (eds), Digital Transformation in Industry - Trends, Management, Strategies. Lecture Notes in Information Systems and Organisation, vol. 44, Springer Science and Business Media Deutschland GmbH, pp. 133-146, International Scientific Conference on Digital Transformation in Industry: Trends, Management, Strategies, 2020, Ekaterinburg, Russian Federation, 27/11/20. https://doi.org/10.1007/978-3-030-73261-5_13

Understanding the role of digital technologies in supply chain risks management. / Yang, Jiayan; Kumar, Vikas; Ekren, Banu et al.
Digital Transformation in Industry - Trends, Management, Strategies. ed. / Vikas Kumar; Jafar Rezaei; Victoria Akberdina; Evgeny Kuzmin. Springer Science and Business Media Deutschland GmbH, 2021. p. 133-146 (Lecture Notes in Information Systems and Organisation; Vol. 44).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

TY - GEN

T1 - Understanding the role of digital technologies in supply chain risks management

AU - Yang, Jiayan

AU - Kumar, Vikas

AU - Ekren, Banu

AU - Kuzmin, Evgeny

PY - 2021/7/27

Y1 - 2021/7/27

N2 - Supply chain risks have been regarded as one of the most significant threats to business continuity. Digital technology is considered to reform human production and manufacturing methods. In the recent wake of COVID-19, disruptive digital technologies have emerged as a key tool to manage supply chain risks. Therefore, exploring the impact of digital technology on supply chain risks is considered an important topic in the supply chain management domain. The paper reviews different digital technologies such as 3D printing, IoT, Blockchains, RFID and Big Data Analytics used in supply chains. This exploratory study is based on a survey response from 176 supply chain professionals in China. The findings show the role of digital technologies in managing supply chain risks. The study highlights the current level of implementation of digital technologies in supply chain functions and emphasizes the importance of training. Moreover, the study underlines the significance of supply chain data analysis capabilities for supply chain risk management. The study adds to the limited literature exploring the importance of digital technologies in supply chain risk management.

AB - Supply chain risks have been regarded as one of the most significant threats to business continuity. Digital technology is considered to reform human production and manufacturing methods. In the recent wake of COVID-19, disruptive digital technologies have emerged as a key tool to manage supply chain risks. Therefore, exploring the impact of digital technology on supply chain risks is considered an important topic in the supply chain management domain. The paper reviews different digital technologies such as 3D printing, IoT, Blockchains, RFID and Big Data Analytics used in supply chains. This exploratory study is based on a survey response from 176 supply chain professionals in China. The findings show the role of digital technologies in managing supply chain risks. The study highlights the current level of implementation of digital technologies in supply chain functions and emphasizes the importance of training. Moreover, the study underlines the significance of supply chain data analysis capabilities for supply chain risk management. The study adds to the limited literature exploring the importance of digital technologies in supply chain risk management.

KW - Digital technologies

KW - Industry 4.0

KW - Risk management

KW - Supply chain

UR - https://www.scopus.com/pages/publications/85113352306

U2 - 10.1007/978-3-030-73261-5_13

DO - 10.1007/978-3-030-73261-5_13

M3 - Conference contribution

AN - SCOPUS:85113352306

SN - 9783030732608

T3 - Lecture Notes in Information Systems and Organisation

SP - 133

EP - 146

BT - Digital Transformation in Industry - Trends, Management, Strategies

A2 - Kumar, Vikas

A2 - Rezaei, Jafar

A2 - Akberdina, Victoria

A2 - Kuzmin, Evgeny

PB - Springer Science and Business Media Deutschland GmbH

T2 - International Scientific Conference on Digital Transformation in Industry: Trends, Management, Strategies, 2020

Y2 - 27 November 2020 through 27 November 2020

ER -

Yang J, Kumar V, Ekren B, Kuzmin E. Understanding the role of digital technologies in supply chain risks management. In Kumar V, Rezaei J, Akberdina V, Kuzmin E, editors, Digital Transformation in Industry - Trends, Management, Strategies. Springer Science and Business Media Deutschland GmbH. 2021. p. 133-146. (Lecture Notes in Information Systems and Organisation). doi: 10.1007/978-3-030-73261-5_13

Understanding the role of digital technologies in supply chain risks management

Abstract

Publication series

Conference

UN SDGs

Keywords

Access to Document

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Cite this