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Digitization and Supply Chain Risk Management

In: DIGITIZATION IN SUPPLY CHAIN MANAGEMENT Trends, Challenges and Solutions

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  • Hakan Yildiz

Abstract

This chapter focuses on supply chain risk management and the use and impact of digitization in this domain. The COVID-19 pandemic, geopolitical risks, and natural disasters in recent years underscored the vulnerabilities in supply chains. During the same timeframe, the world also witnessed the emergence of various digital technologies that enable real-time information sharing, data-driven decision-making, and collaboration to enhance operational performance and resilience. In this context, this chapter reviews the transformative role of digital technologies, such as supply chain mapping, visualization tools, Internet of Things (IoT), big data analytics, Blockchain, Artificial Intelligence (AI), and early warning systems.

Suggested Citation

  • Hakan Yildiz, 2024. "Digitization and Supply Chain Risk Management," World Scientific Book Chapters, in: Sengun Yeniyurt & Steven Carnovale (ed.), DIGITIZATION IN SUPPLY CHAIN MANAGEMENT Trends, Challenges and Solutions, chapter 3, pages 21-36, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811286636_0003
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    More about this item

    Keywords

    Digitalization; Supply Chain Management; Blockchain; IoT; Digital;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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