Mitigating Supply Chain Risk via Sustainability Using Big Data Analytics: Evidence from the Manufacturing Supply Chain

Detalhes bibliográficos
Autor(a) principal: Mani,V
Data de Publicação: 2017
Outros Autores: Catarina Delgado, Hazen,BT, Patel,P
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://repositorio.inesctec.pt/handle/123456789/7116
http://dx.doi.org/10.3390/su9040608
Resumo: The use of big data analytics for forecasting business trends is gaining momentum among professionals. At the same time, supply chain risk management is important for practitioners to consider because it outlines ways through which firms can allay internal and external threats. Predicting and addressing the risks that social issues cause in the supply chain is of paramount importance to the sustainable enterprise. The aim of this research is to explore the application of big data analytics in mitigating supply chain social risk and to demonstrate how such mitigation can help in achieving environmental, economic, and social sustainability. The method involves an expert panel and survey identifying and validating social issues in the supply chain. A case study was used to illustrate the application of big data analytics in identifying and mitigating social issues in the supply chain. Our results show that companies can predict various social problems including workforce safety, fuel consumptions monitoring, workforce health, security, physical condition of vehicles, unethical behavior, theft, speeding and traffic violations through big data analytics, thereby demonstrating how information management actions can mitigate social risks. This paper contributes to the literature by integrating big data analytics with sustainability to explain how to mitigate supply chain risk.
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spelling Mitigating Supply Chain Risk via Sustainability Using Big Data Analytics: Evidence from the Manufacturing Supply ChainThe use of big data analytics for forecasting business trends is gaining momentum among professionals. At the same time, supply chain risk management is important for practitioners to consider because it outlines ways through which firms can allay internal and external threats. Predicting and addressing the risks that social issues cause in the supply chain is of paramount importance to the sustainable enterprise. The aim of this research is to explore the application of big data analytics in mitigating supply chain social risk and to demonstrate how such mitigation can help in achieving environmental, economic, and social sustainability. The method involves an expert panel and survey identifying and validating social issues in the supply chain. A case study was used to illustrate the application of big data analytics in identifying and mitigating social issues in the supply chain. Our results show that companies can predict various social problems including workforce safety, fuel consumptions monitoring, workforce health, security, physical condition of vehicles, unethical behavior, theft, speeding and traffic violations through big data analytics, thereby demonstrating how information management actions can mitigate social risks. This paper contributes to the literature by integrating big data analytics with sustainability to explain how to mitigate supply chain risk.2018-01-19T17:00:15Z2017-01-01T00:00:00Z2017info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://repositorio.inesctec.pt/handle/123456789/7116http://dx.doi.org/10.3390/su9040608engMani,VCatarina DelgadoHazen,BTPatel,Pinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-05-15T10:20:20Zoai:repositorio.inesctec.pt:123456789/7116Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:52:58.775375Repositório 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 Mitigating Supply Chain Risk via Sustainability Using Big Data Analytics: Evidence from the Manufacturing Supply Chain
title Mitigating Supply Chain Risk via Sustainability Using Big Data Analytics: Evidence from the Manufacturing Supply Chain
spellingShingle Mitigating Supply Chain Risk via Sustainability Using Big Data Analytics: Evidence from the Manufacturing Supply Chain
Mani,V
title_short Mitigating Supply Chain Risk via Sustainability Using Big Data Analytics: Evidence from the Manufacturing Supply Chain
title_full Mitigating Supply Chain Risk via Sustainability Using Big Data Analytics: Evidence from the Manufacturing Supply Chain
title_fullStr Mitigating Supply Chain Risk via Sustainability Using Big Data Analytics: Evidence from the Manufacturing Supply Chain
title_full_unstemmed Mitigating Supply Chain Risk via Sustainability Using Big Data Analytics: Evidence from the Manufacturing Supply Chain
title_sort Mitigating Supply Chain Risk via Sustainability Using Big Data Analytics: Evidence from the Manufacturing Supply Chain
author Mani,V
author_facet Mani,V
Catarina Delgado
Hazen,BT
Patel,P
author_role author
author2 Catarina Delgado
Hazen,BT
Patel,P
author2_role author
author
author
dc.contributor.author.fl_str_mv Mani,V
Catarina Delgado
Hazen,BT
Patel,P
description The use of big data analytics for forecasting business trends is gaining momentum among professionals. At the same time, supply chain risk management is important for practitioners to consider because it outlines ways through which firms can allay internal and external threats. Predicting and addressing the risks that social issues cause in the supply chain is of paramount importance to the sustainable enterprise. The aim of this research is to explore the application of big data analytics in mitigating supply chain social risk and to demonstrate how such mitigation can help in achieving environmental, economic, and social sustainability. The method involves an expert panel and survey identifying and validating social issues in the supply chain. A case study was used to illustrate the application of big data analytics in identifying and mitigating social issues in the supply chain. Our results show that companies can predict various social problems including workforce safety, fuel consumptions monitoring, workforce health, security, physical condition of vehicles, unethical behavior, theft, speeding and traffic violations through big data analytics, thereby demonstrating how information management actions can mitigate social risks. This paper contributes to the literature by integrating big data analytics with sustainability to explain how to mitigate supply chain risk.
publishDate 2017
dc.date.none.fl_str_mv 2017-01-01T00:00:00Z
2017
2018-01-19T17:00:15Z
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http://dx.doi.org/10.3390/su9040608
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http://dx.doi.org/10.3390/su9040608
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