| Title |
Smart Supply Network-Drivers, Opportunities, and Challenges |
| ID_Doc |
70658 |
| Authors |
Fereidouni, MA; Noor, KA; Ramzani, SR |
| Title |
Smart Supply Network-Drivers, Opportunities, and Challenges |
| Year |
2019 |
| Published |
|
| DOI |
10.1007/978-3-319-91668-2_4 |
| Abstract |
This paper details our effort in determining how technological advancement facilitates business relationship and ameliorates the competitive advantage of supply network. Using business network management literature, current knowledge employs Activity-Resource-Actor Model (ARAM) to recap the drivers, opportunities, and challenges of smart technologies in a supply network. The following discussions reveal that in presence of technological advancement, precise knowledge sharing, stronger social co-creation, smart management, and robust legal system, business relationship and supplier collaboration can benefit from a sustainable, modern, adaptive, robust, and technology-oriented activity links, resource ties, and actor bonds, per se, smart supply network. The paper confirms that digital-linked activities empower businesses and help them gain more from interdependencies benefits. Digital-linked resources enhance heterogeneity advantage, while digital-bonded actors are obtained from transcendence. The benefits derived from digitizing activity links, resource ties, and an actor bond is reliant upon a company's own activity structure, interdependencies, and connectedness. However, the challenges of direct/indirect relationship costs prevent companies benefiting from a smart supply network. |
| Author Keywords |
Business relationship; SMART supply network; Digital technology |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Book Citation Index – Science (BKCI-S) |
| EID |
WOS:000444332900005 |
| WoS Category |
Green & Sustainable Science & Technology; Operations Research & Management Science |
| Research Area |
Science & Technology - Other Topics; Operations Research & Management Science |
| PDF |
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