Managing Supply Chain Risk with the Integration of Internet of things in the manufacturing Sector of Pakistan

Detalhes bibliográficos
Autor(a) principal: Kumar, Prince
Data de Publicação: 2023
Outros Autores: Aziz, Shahid
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.26/46504
https://doi.org/Kumar, P., and Aziz, S. (2022). Managing Supply Chain Risk with the Integration of Internet of things in the manufacturing Sector of Pakistan. Dutch Journal of Finance and Management, 5(2), 22405. https://doi.org/10.55267/djfm/13676
https://doi.org/10.55267/djfm/13676
Resumo: In the ever-evolving landscape of global trade and manufacturing, supply chain resilience has emerged as a vital concern for organizations operating in the manufacturing sector. This research study delves into the critical domain of managing supply chain risk through the integration of Internet of Things (IoT) technologies within the manufacturing sector of Pakistan. With the advent of Internet of Things, the manufacturing industry in Pakistan has witnessed transformative opportunities to enhance operational efficiency and mitigate supply chain vulnerabilities. This qualitative study engaged ten seasoned supply chain professionals through in-depth interviews to discern the multifaceted impact of IoT integration on risk management within the manufacturing sector. The results of this study, analyzed using thematic analysis within Nvivo software, illuminate the implications of using the Internet of Things in supply chain risk management, the aim is to understand how the Internet of things influences and impacts the supply chain risk management process, both internally and externally, and the resulting outcomes. The study is guided by the information processing theory and employs a methodology based on theory to investigate the information requirements and processing capabilities of supply chain risk management supported by the internet of things. The findings of the study reveal that the organizations involved experienced increased data availability, which led to improved process transparency and management. Supply chain risk management also showed enhancements across its various stages, including risk transparency, risk awareness, and risk strategies. These improvements provided a competitive advantage by aligning the information needs with the information processing capabilities. The study provides detailed insights into the structure of internet of things systems, main use cases, and the impact on the supply chain risk management process, offering valuable information for managers. It highlights the benefits of increased data availability, improved process transparency, and management, as well as the implications for personnel and potential barriers. The findings provide valuable insights for Supply chain managers and pave the way for further research in this area.
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spelling Managing Supply Chain Risk with the Integration of Internet of things in the manufacturing Sector of PakistanSupply chainInternet of thingsRisk ManagementTechnologySupply chain risk managementInformation processing theoryIn the ever-evolving landscape of global trade and manufacturing, supply chain resilience has emerged as a vital concern for organizations operating in the manufacturing sector. This research study delves into the critical domain of managing supply chain risk through the integration of Internet of Things (IoT) technologies within the manufacturing sector of Pakistan. With the advent of Internet of Things, the manufacturing industry in Pakistan has witnessed transformative opportunities to enhance operational efficiency and mitigate supply chain vulnerabilities. This qualitative study engaged ten seasoned supply chain professionals through in-depth interviews to discern the multifaceted impact of IoT integration on risk management within the manufacturing sector. The results of this study, analyzed using thematic analysis within Nvivo software, illuminate the implications of using the Internet of Things in supply chain risk management, the aim is to understand how the Internet of things influences and impacts the supply chain risk management process, both internally and externally, and the resulting outcomes. The study is guided by the information processing theory and employs a methodology based on theory to investigate the information requirements and processing capabilities of supply chain risk management supported by the internet of things. The findings of the study reveal that the organizations involved experienced increased data availability, which led to improved process transparency and management. Supply chain risk management also showed enhancements across its various stages, including risk transparency, risk awareness, and risk strategies. These improvements provided a competitive advantage by aligning the information needs with the information processing capabilities. The study provides detailed insights into the structure of internet of things systems, main use cases, and the impact on the supply chain risk management process, offering valuable information for managers. It highlights the benefits of increased data availability, improved process transparency, and management, as well as the implications for personnel and potential barriers. The findings provide valuable insights for Supply chain managers and pave the way for further research in this area.info:eu-repo/semantics/publishedVersionIADITI Editions2023-09-12T09:28:07Z2023-09-122023-09-12T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttp://hdl.handle.net/10400.26/46504https://doi.org/Kumar, P., and Aziz, S. (2022). Managing Supply Chain Risk with the Integration of Internet of things in the manufacturing Sector of Pakistan. Dutch Journal of Finance and Management, 5(2), 22405. https://doi.org/10.55267/djfm/13676http://hdl.handle.net/10400.26/46504https://doi.org/10.55267/djfm/13676eng2542-4750https://www.djfm-journal.com/article/managing-supply-chain-risk-with-the-integration-of-internet-of-things-in-the-manufacturing-sector-of-13676http://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessKumar, PrinceAziz, Shahidreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-09-16T06:33:03Zoai:comum.rcaap.pt:10400.26/46504Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T20:29:24.707109Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Managing Supply Chain Risk with the Integration of Internet of things in the manufacturing Sector of Pakistan
title Managing Supply Chain Risk with the Integration of Internet of things in the manufacturing Sector of Pakistan
spellingShingle Managing Supply Chain Risk with the Integration of Internet of things in the manufacturing Sector of Pakistan
Kumar, Prince
Supply chain
Internet of things
Risk Management
Technology
Supply chain risk management
Information processing theory
title_short Managing Supply Chain Risk with the Integration of Internet of things in the manufacturing Sector of Pakistan
title_full Managing Supply Chain Risk with the Integration of Internet of things in the manufacturing Sector of Pakistan
title_fullStr Managing Supply Chain Risk with the Integration of Internet of things in the manufacturing Sector of Pakistan
title_full_unstemmed Managing Supply Chain Risk with the Integration of Internet of things in the manufacturing Sector of Pakistan
title_sort Managing Supply Chain Risk with the Integration of Internet of things in the manufacturing Sector of Pakistan
author Kumar, Prince
author_facet Kumar, Prince
Aziz, Shahid
author_role author
author2 Aziz, Shahid
author2_role author
dc.contributor.author.fl_str_mv Kumar, Prince
Aziz, Shahid
dc.subject.por.fl_str_mv Supply chain
Internet of things
Risk Management
Technology
Supply chain risk management
Information processing theory
topic Supply chain
Internet of things
Risk Management
Technology
Supply chain risk management
Information processing theory
description In the ever-evolving landscape of global trade and manufacturing, supply chain resilience has emerged as a vital concern for organizations operating in the manufacturing sector. This research study delves into the critical domain of managing supply chain risk through the integration of Internet of Things (IoT) technologies within the manufacturing sector of Pakistan. With the advent of Internet of Things, the manufacturing industry in Pakistan has witnessed transformative opportunities to enhance operational efficiency and mitigate supply chain vulnerabilities. This qualitative study engaged ten seasoned supply chain professionals through in-depth interviews to discern the multifaceted impact of IoT integration on risk management within the manufacturing sector. The results of this study, analyzed using thematic analysis within Nvivo software, illuminate the implications of using the Internet of Things in supply chain risk management, the aim is to understand how the Internet of things influences and impacts the supply chain risk management process, both internally and externally, and the resulting outcomes. The study is guided by the information processing theory and employs a methodology based on theory to investigate the information requirements and processing capabilities of supply chain risk management supported by the internet of things. The findings of the study reveal that the organizations involved experienced increased data availability, which led to improved process transparency and management. Supply chain risk management also showed enhancements across its various stages, including risk transparency, risk awareness, and risk strategies. These improvements provided a competitive advantage by aligning the information needs with the information processing capabilities. The study provides detailed insights into the structure of internet of things systems, main use cases, and the impact on the supply chain risk management process, offering valuable information for managers. It highlights the benefits of increased data availability, improved process transparency, and management, as well as the implications for personnel and potential barriers. The findings provide valuable insights for Supply chain managers and pave the way for further research in this area.
publishDate 2023
dc.date.none.fl_str_mv 2023-09-12T09:28:07Z
2023-09-12
2023-09-12T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.26/46504
https://doi.org/Kumar, P., and Aziz, S. (2022). Managing Supply Chain Risk with the Integration of Internet of things in the manufacturing Sector of Pakistan. Dutch Journal of Finance and Management, 5(2), 22405. https://doi.org/10.55267/djfm/13676
http://hdl.handle.net/10400.26/46504
https://doi.org/10.55267/djfm/13676
url http://hdl.handle.net/10400.26/46504
https://doi.org/Kumar, P., and Aziz, S. (2022). Managing Supply Chain Risk with the Integration of Internet of things in the manufacturing Sector of Pakistan. Dutch Journal of Finance and Management, 5(2), 22405. https://doi.org/10.55267/djfm/13676
https://doi.org/10.55267/djfm/13676
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 2542-4750
https://www.djfm-journal.com/article/managing-supply-chain-risk-with-the-integration-of-internet-of-things-in-the-manufacturing-sector-of-13676
dc.rights.driver.fl_str_mv http://creativecommons.org/licenses/by/4.0/
info:eu-repo/semantics/openAccess
rights_invalid_str_mv http://creativecommons.org/licenses/by/4.0/
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv IADITI Editions
publisher.none.fl_str_mv IADITI Editions
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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