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Managing risk better, faster and smarter with digitised supply chains

Author

Listed:
  • Schlegel, Gregory L.

    (Founder, Supply Chain Risk Management Consortium, USA)

  • Trent, Robert J.

    (Lehigh University, 621 Taylor Street, Bethlehem, PA 18015, USA)

Abstract

The application of diverse technologies such as sensors, artificial intelligence, cloud computing, digital twins and predictive analytics is rapidly changing the way companies design, manufacture, distribute and service products. An obvious indication of this change is the increasing evolution toward digitised supply chains, which support the rapid integration of data and information from different sources to enhance supply chain performance. This paper explores digitisation as a critical enabler of effective supply chain management, including risk management.

Suggested Citation

  • Schlegel, Gregory L. & Trent, Robert J., 2021. "Managing risk better, faster and smarter with digitised supply chains," Journal of Supply Chain Management, Logistics and Procurement, Henry Stewart Publications, vol. 3(3), pages 210-225, March.
    • Handle: RePEc:aza:jscm00:y:2021:v:3:i:3:p:210-225
    as

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    More about this item

    Keywords

    supply chain; digitisation; risk; reliance; technology;
    All these keywords.

    JEL classification:

    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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