Improving supply chain risk management: Implications for process transformation and global procurement markets via the Internet of Things

Birkel H, Hartmann E (2019)


Publication Type: Conference contribution, Conference Contribution

Publication year: 2019

Conference Proceedings Title: Proceedings of the Annual International Purchasing & Supply Education & Research Association (IPSERA) Conference

Abstract

The severity of potential risks of today’s global networks emphasizes the need for supply chain risk management (SCRM), to design economically competitive supply chains and pro-vide competitive advantage. The internet of things (IoT) offers the opportunity for a radical change through increasing transparency due to the interconnection of partners, goods and pro-cesses. We contribute to this field by conducting a multiple case study, examining how IoT influences SCRM. Our results show IoT positively influences the risk identification, assess-ment, treatment and monitoring, and improves the external pathway of SCRM. However, the application focuses on few use cases, which entail several barriers.

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How to cite

APA:

Birkel, H., & Hartmann, E. (2019). Improving supply chain risk management: Implications for process transformation and global procurement markets via the Internet of Things. In Proceedings of the Annual International Purchasing & Supply Education & Research Association (IPSERA) Conference.

MLA:

Birkel, Hendrik, and Evi Hartmann. "Improving supply chain risk management: Implications for process transformation and global procurement markets via the Internet of Things." Proceedings of the Proceedings of the Annual International Purchasing & Supply Education & Research Association (IPSERA) Conference 2019.

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