Smart Technology Trends, Smart Supply Chain Management Implementation, and Smart Supply Chain Innovation Performance in China

Abstract

Recently, experts and companies anticipated a significant adjustment in the configuration of supply chains as we move into a digitally driven future. The supply chain and management industry identify several risks associated with this transformation, such as increased disruptions to the global trading system caused by various factors like extreme weather events, pandemics, cybersecurity threats, and financial crises. Additionally, the widespread adoption of technology developed during the Fourth Industrial Revolution poses challenges. Businesses that adapt to changes in customer behavior by investing in digitization and embracing diversity are more likely to thrive. The researcher employed a descriptive quantitative approach to investigate the relationship between the implementation of smart supply chain management, smart supply chain innovation performance, and smart technology trends in both developed and developing countries. The findings indicate a correlation between smart supply chain innovation and smart supply chain management performance. Moreover, the ability of smart supply chain management to mediate smart technological advancements needs to be improved.