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International Journal of Production Research· 2018Q1

The impact of digital technology and Industry 4.0 on the ripple effect and supply chain risk analytics

Dmitry Ivanov, Alexandre Dolgui, Boris Sokolov

Short summary

This paper introduces a novel framework connecting digitalization, Industry 4.0 technologies (like big data analytics, additive manufacturing, and advanced trace & tracking), and supply chain (SC) disruption risks, showing how these can improve ripple effect control and SC risk analytics.

AI-generated from the title and abstract; the full text is not read.

Key points

  • Introduces a combined framework for digitalization, Industry 4.0, and supply chain disruption risks.
  • Analyzes the relationship between technologies (big data, additive manufacturing, trace & tracking) and SC risks.
  • Explains how digitalization can improve the control of ripple effects in supply chains.
  • Proposes digital technology-based extensions for developing SC risk analytics.

AI-generated from the title and abstract; the full text is not read.

Abstract

The impact of digitalisation and Industry 4.0 on the ripple effect and disruption risk control analytics in the supply chain (SC) is studied. The research framework combines the results from two isolated areas, i.e. the impact of digitalisation on SC management (SCM) and the impact of SCM on the ripple effect control. To the best of our knowledge, this is the first study that connects business, information, engineering and analytics perspectives on digitalisation and SC risks. This paper does not pretend to be encyclopedic, but rather analyses recent literature and case-studies seeking to bring the discussion further with the help of a conceptual framework for researching the relationships between digitalisation and SC disruptions risks. In addition, it emerges with an SC risk analytics framework. It analyses perspectives and future transformations that can be expected in transition towards cyber-physical SCs. With these two frameworks, this study contributes to the literature by answering the questions of (1) what relations exist between big data analytics, Industry 4.0, additive manufacturing, advanced trace & tracking systems and SC disruption risks; (2) how digitalisation can contribute to enhancing ripple effect control; and (3) what digital technology-based extensions can trigger the developments towards SC risk analytics.

The authors' abstract, as published at the source. International Journal of Production Research, 2018 · DOI ↗

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Field: Strategy and Management

Strategy and ManagementBusiness, Management and Accounting