Assessment of the Implementation of New Digital Technologies in Connection with the Level of Efficiency of Supply Chains in the Context of COVID-19
Introduction. In the extreme conditions of the COVID-19 pandemic, the vitality of supply chains has come to the fore, that is, their ability to self-support and survival in a changing environment through restructuring and rescheduling of productivity with long-term consequences. An effective information system and governance can help not only improve customer service and control costs but also facilitate planning to achieve key sustainability indicators such as environmental, economic, and social development. The purpose of this paper is to assess the impact of the widespread adoption of new digital technologies on the level of efficiency of supply chains in the face of disruption caused by the pandemic. Materials and Methods. For this study, statistical data were collected for the period from 2010 to 2019. Sources: Organization for Economic Cooperation and Development; The World Bank; Institute for Global Entrepreneurship and Development, etc. A logical-heuristic algorithm was used to form a system of indicators for assessing the effectiveness of information and communication technology and logistics. Results. It has been found that countries with a high level of economic development as evidenced by persistently high values of gross domestic product in the pre-crisis period show high indicators both in terms of the efficiency of logistics systems and in terms of digital transformation of the economy. At the same time, countries with low and below-average levels of economic development do not show high results in the context of logistics systems, but they also do not demonstrate a correlation between the level of economic development and the level of logistics efficiency and the level of digital life. Conclusion. Thus, the study has shown that the role of information and communication technology in improving the efficiency of supply chains becomes significant in favorable economic conditions in the country, and in times of crisis, the role of information and communication technology significantly increases and contributes to the restoration of supply chains and the survival of business in general.
Highlights
In the extreme conditions of the COVID-19 pandemic, the vitality of supply chains has come to the fore, that is, their ability to self-support and survival in a changing environment through restructuring and rescheduling of productivity with long-term consequences
Countries with low and below-average levels of economic development do not show high results in the context of logistics systems, but they do not demonstrate a correlation between the level of economic development and the level of logistics efficiency and the level of digital life
The study has shown that the role of information and communication technology in improving the efficiency of supply chains becomes significant in favorable economic conditions in the country, and in times of crisis, the role of information and communication technology significantly increases and contributes to the restoration of supply chains and the survival of business in general
Summary
In the extreme conditions of the COVID-19 pandemic, the vitality of supply chains has come to the fore, that is, their ability to self-support and survival in a changing environment through restructuring and rescheduling of productivity with long-term consequences. Chains (SCs) are the backbone of the economy and society and interact to a large extent with nature. The interactions in these SC ecosystems are very complex and governed by mutual relationships and feedback between SCs, nature, society, and economy [26]. Companies have to transform their SCs in order to increase their profitability and competitiveness, while remaining green, technologically advanced, and withstanding major disruptions in global SCs [24]. One such disruption in global SCs was triggered by the COVID-19 pandemic, which hit global and local economies severely. The food SC and food industry required the most significant transformation: from the product to the end-user [25]
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- Oct 23, 2021
- UPRAVLENIE
Information and communication technologies have become an integral part of our life. Supply chain management is also currently in a digital transformation, especially during the period of disruptions in global and local supply chains caused by the COVID-19 pandemic. The purpose of this study is to provide an empirical descriptive analysis of the role of digital technologies in improving the efficiency and recovery of supply chains, as in the pre-crisis period and in a pandemic.The research is based on the processing of statistical data and macroeconomic indicators, presented in the public domain. The following indicators were considered as basic indicators: gross domestic product as a characteristic of the level of economic development of Russia before the crisis; Logistics efficiency index; Digital Life Index. For comparative analysis, countries from different categories were selected in the context of the selected assessment indicators. The results obtained confirmed the significant role of information and communication technologies in improving the efficiency and restoration of supply chains destroyed in connection with COVID-19 pandemic.It has been concluded that at the national level, developed economies showed high efficiency of their logistics systems and high scores of digital life rating. For countries with a level of economic development below average, the impact of information and communication technologies on the efficiency of the logistics system was not decisive in this context. The implementation of information and communication technologies makes it possible to restore the supply chains destroyed by the crisis and increase their efficiency, because of which a business in a pandemic gets a chance to survive.The results of this study can be used by heads of enterprises of various levels in determining the strategy and tactics of enterprise development, including crisis management. Research methods and data can be applied by researchers to further research into the impact of information and communication technologies on the recovery and efficiency of global and local supply chains, including considering updated data that consider the impact of the coronavirus pandemic on the indicators used in this article.
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- Sep 1, 2023
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As digital technologies emerge and improve rapidly, firms face changing tradeoffs in terms of their technology infrastructure and strategic direction. Hence, many of them adopt new digital technology and develop new business models and strategies. The literature on strategic alignment of IT suggests that firms need to synchronize these different domains of choice. We therefore, ask how far firms renew their strategy as they adopt new technologies. In this article, we study this question empirically by assessing if the adoption of new digital technologies is associated with, or even leads to, changes to firm strategy using a detailed survey-based dataset on firms’ strategy renewal and their adoption of digital technologies. We observe a strong positive association between the extent of strategy change and the stage of adoption of advanced digital technologies overall, suggesting a tight coupling between (technological) structure and strategy. Further, using instrumental variable regressions to disentangle the two effects, we find that the adoption of new technologies may lead to a large and robust effect on strategy change: the more extensive the adoption, the larger the change in strategy. This result is robust to various specifications and across industries. However, we notice substantial differences across technologies, potentially pointing at heterogeneity in their strategic nature or maturity level.
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- Dec 31, 2024
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Industry 4.0's main function is to provide savings, agility and competitive advantage, through innovative solutions, when its concepts and principles are applied to the construction sector, it is referred to as "Construction 4.0”. The digital technologies that constitute construction 4.0 can be introduced in all areas of the construction industry with the global objective of increasing productivity and, at the same time, simplifying work and reducing errors. In this sense, the present work aimed to identify the main challenges and actions necessary for implementation of digital technologies by construction companies in the context of the changes that guide technological advances in digital transformation. To this end, the methodology adopted included literature research, which sought to embroider important concepts, characteristics and classifications on the principles of industry 4.0 and the use of digital technologies in construction companies, followed by case studies carried out in construction companies in the city from Recife-PE involved in actions aimed at digital transformation. The results present the main digital technologies used in construction companies as well as the sectors suitable for their respective implementations. Furthermore, it was concluded that the adoption of digital technologies is crucial for digital transformation in construction companies; however, the costs associated with the development and adoption of new digital technologies, as well as customer conservatism, represent the biggest barriers to implementation in construction companies. The main contribution is the presentation of guidelines for implementing digital technologies in construction companies.
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36
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- Jun 3, 2022
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13
- 10.2903/sp.efsa.2015.en-924
- Dec 1, 2015
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- Feb 4, 2019
- Statistics of Ukraine
Social and economic development is a difficult process in which positive and negative factors interact that causes rises and recessions in development of territories and public communities. Indicators of rating act as indicators of efficiency of management decisions at the central and local levels. However, the level of economic development doesn’t coincide with social development in most of regions of Ukraine.
 The purpose of article is adaptation of a matrix method to rating estimates of social and economic development of regions for identification of regional distinctions, definition of priorities and strategic management of development of regions.
 The economic development of the regions was estimated by GRP per capita, the average salary of employees and the unemployment rate (according to the ILO methodology). Social development is characterized by the number of people enrolled in higher education institutions per 10,000 population; coefficient of incidence of the population; volumes of emissions of pollutants in atmospheric air, thousand tons; crime rates.
 The multidimensional average method with the standardization of indicators based on the variation range was used to calculate the integral indicators of economic and social development. On the basis of integral coefficients, the ranking of regions according to economic and social development was executed. It is established that for the regions of Ukraine there is a characteristic imbalance between economic and social development, which is connected, first of all, with different structure of the economy and territorial differences of regions.
 The combination of results of economic and social development of regions was proposed with the help of building a matrix as a tool for strategic management. In the graphs (vertically), the level of economic development is singled out, in lines (horizontally) the level of social development of the regions is singled out, with the identification of three groups: low, medium and high levels.
 Regions with low economic and low social level get to 1 square; in 2 – with low economic and average social; in 3 – with low economic and high social; in 4 – with average economic and low social; in 5 – with average economic and average social; in 6 – with average economic and high social; in 7 – with high economic and low social; in 8 – with high economic and average social; in 9 – with high economic and high social level.
 Calculations show that in Ukraine no region was detected with simultaneous high levels of economic and social development (the 9th square). The vast majority are regions with average economic and average social development and also regions “below or above an average” level of development, that is one of the directions (economic or social) is “low”, and the second, accordingly, “average”. The position of the region in a matrix specifies what development strategy should be chosen. The economic and social development is higher; the capacity of the region for increase in the standard of living of the population is higher. High economic and social development is followed by the high potential of the region to increase the standard of living of the population.
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- Feb 28, 2012
- Tér és Társadalom
Jelen tanulmány célja az Indián belül az ezredfordulón tapasztalt regionális fejlettségi különbségek vizsgálata gazdasági és társadalmi szemszögből. A tanulmány két fő kérdésre keresi a választ. Egyfelől arra, hogy milyen szerepet játszanak a társadalmi tényezők a gazdasági egyenlőtlenségek kialakulásában egy vallási és kulturális hagyományoktól mélyen átszőtt országban. Melyek lehetnek azok a mérhető indikátorok, amelyek legjobban tükrözik a társadalom állapota és a gazdaság fejlettsége közötti összefüggéseket, és vajon milyen tényezők állnak az egyenlőtlenségek hátterében? Másfelől arra, vajon a gazdasági fejlettség vagy a társadalom állapota mutat-e nagyobb mértékű területi egyenlőtlenségeket?
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- Oct 7, 2021
- Management Science
Information and communication technologies (ICT) have become an integral part of our life. Currently, supply chain (SC) management is also in a digital transformation, especially during the period of disruptions in global and local supply chains caused by the COVID-19 pandemic. The purpose of this study is to provide an empirical descriptive analysis of the role of digital technologies in improving the efficiency and recovery of SC in the pre-crisis period as well as in a pandemic. The research is based on the processing of statistical data and macroeconomic indicators that are freely available. The following are considered as basic indicators: Gross domestic product as a characteristic of the country's economic development level before the crisis; logistics efficiency index; digital life index. The authors have chosen few countries from different categories for the comparative analysis in the context of the selected assessment indicators The obtained study results confirmed the significant role of ICT in the efficiency improving and restoration of SC which had been destroyed in COVID-19. It is concluded that developed economies showed a high efficiency of their logistics systems at the national level and high values of the digital life rating. At the same time, the influence of ICT on the logistics system performance was not decisive in countries with average economic development and below ones. The results of this study can be used by companies' top management of various levels to build a strategy and tactics for their development including crisis management. The research methods and data can be applied to further explore the impact of ICT on the recovery and efficiency of global and local supply chains, including the updated data with the account of coronavirus pandemic impact to indicators which were used in the paper.
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- Dec 1, 2020
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13
- 10.2139/ssrn.3328421
- Jan 1, 2019
- SSRN Electronic Journal
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- Discussion
451
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- Sep 18, 2017
- Multinational Business Review
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285
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 The findings from the initial survey highlighted departments at the institution that have a stronger positive outlook towards using a higher amount digital technology in their curriculum. There was a subgroup that still preferred a more practical, face-to-face approach. In response to a question regarding whether digital technology adoption may be lagging in certain programmes/disciplines, the majority of participants gave the unknown response with the second-highest group saying it was likely. The main reason participants gave for the lag of adoption of digital technology was the underfunding of programmes, with some participants further suggesting a possible correlation between underfunding, understaffing and inadequate training. The latter coheres with the OECD study, with training being one of two key aspects of education policies: “First, teachers need sufficient training to deploy and teach about digital technologies. Second, countries need a standard for digital skills and literacy for students.” (Vlies, 2020)
 
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