Impact of Technology on SCM

Enver Yücesan
Additional contact information
Enver Yücesan: INSEAD

Chapter 7 in Competitive Supply Chains, 2023, pp 153-174 from Springer

Abstract: Abstract Most digital transformation efforts have been focusing on downstream activities ranging from deploying data analytics to predict consumer behavior to automating transactions to enhance customer experience. Digital transformation would be incomplete unless it is extended to upstream activities, including procurement, manufacturing, and distribution. Once locally successful, digital transformation should be extended to the entire supply chain. To enable flexible connection among the “digital islands,” blockchains, in the form of a closed and permissioned network, may allow for enhanced transparency and higher transactional efficiency. In addition, as a rapidly emerging business model, an online platform would mitigate the reach-vs-richness trade-off by facilitating transactions, building trust to prevent opportunistic behavior, matching buyers and sellers across a broad geography, and aggregating supply and demand to increase the likelihood of successful transactions.

Keywords: Digital transformation; Intermediaries; Blockchain; Matching platforms (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-19975-2_7

Ordering information: This item can be ordered from
http://www.springer.com/9783031199752

DOI: 10.1007/978-3-031-19975-2_7

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().