Existing Supply Chain Research Articles

Supply chain antecedents and consequences of servitization: a systematic literature review

Servitization poses several challenges to supply chain managers. Existing supply chain features can facilitate or hinder servitization, which, in turn, transforms supply chain features, requiring planning and adaptation. We address this bidirectional relationship through a systematic literature review (n = 70), analysing ten supply chain features across three dimensions: configuration, collaboration and coordination. We find that decentralized supply networks, aligned strategies, high trust, improved information technology and joint planning are antecedents supportive of servitization. Both upstream and downstream supply chain positions provide resources essential for servitization, while different vertical integration levels support different types of services. Consequences of servitization include a downstream shift, increased outsourcing, stronger operational linkages and potential power imbalances, favouring firms with strategic resources. After comparing and integrating the diverse literature perspectives, we summarize our findings in two tables and a conceptual framework. We conclude by providing six future research directions and a checklist of managerial recommendations.

Economics and Marketing of Hub and Spoke based Model: A Descriptive View of Mint Business in Northern India

India has total mint production of 39,000 t covering an area around 3,36,000 ha. Last 15 years’ studies were taken into consideration to find the three items viz; Producer’s Net Price, Price Spread and Producer’s share in Consumer Rupee with their highest and lowest values. It was found that highest Producer’s net price was received through Channel II (U.S. Nagar, Uttarakhand), highest price spread in channel II (Sitapur) and highest Producer’s share in Consumer Rupee was received though channel1 (Moradabad), while lowest Producer’s net price was received through Channel II (Rampur), lowest price spread in channelI (Moradabad) and lowest Producer’s share in Consumer Rupee was received though channel II (Sitapur). Numbers of lacunas were observed in existing supply chain viz. high input cost, inadequate market informationand improper price mechanism. Present study proposes “A Hub and Spoke Based Mint Business Model” which directly approaches buyer without any intermediaries. This business model would increase per kg return and decrease amount of costs.

Harnessing Technology for Enhanced Efficiency in Supply Chain Operations

The international supply chain environment is quickly changing due to innovations that are reinventing not just the method companies operate. Artificial Intelligence (AI), Internet of Things (IoT), Blockchain, And Automation are some technologies that change the supply chains with more efficiency, better decisions, and live views. The technologies simplify processes like inventory management, demand forecasting, order fulfillment, and logistics optimization, which can keep businesses ahead of the competition in a fast-paced global marketplace. In this paper, we look at how organizations use these technologies to drive operational excellence, entitlement, and responsiveness to customer demand. The report presents some case studies of the successful applications of these technologies and talks about what companies are facing when incorporating these new systems into their existing supply chain process. It also explores strategic best practices in addressing these challenges, beginning with defining clear goals, aligning technology, and ensuring their workforces are ready for change. Finally, the paper looks at the future for supply chain technology. With burgeoning trends such as hyper-automation (driven by AI and IoT), we can expect things to keep improving and improving supply chain performance in years to come. The results show that despite challenges, successfully implementing these technologies increases efficiency and reduces costs, improving customer satisfaction and providing firms with a sustainable comparative advantage. Keywords Supply Chain Management, Technology, Artificial Intelligence, Internet of Things, Blockchain, Automation, Operational Efficiency, Demand Forecasting, Logistics, Inventory Management, Hyper-Automation.

Enhancing Supply Chain Sustainability and Reliability Through WSM and TOPSIS: A Symmetrical Real-World Case Study

Large corporations have recently demonstrated an increasing propensity to enhance the sustainability and reliability of their supply chains in order to comply with environmental regulations and improve customer satisfaction through on-time demand fulfillment. There are two phases to this study: mathematical modeling and model solution using precise techniques. In the first step, a mixed-integer linear programming model is developed. This model is an improvement of an existing supply chain model. Further, our suggested strategy is verified by using numerical data based on three criteria and four suppliers. The goals of the proposed model are to maximize supply chain reliability, economic profit, and social responsibilities by taking suppliers’ priorities into account. Modeled as a mixed-integer linear programming problem, the constraints on the problem include budget, emission, demand, allocation, facility, and shipping capacity. Power symmetry and information symmetry are incorporated in order to perform symmetric analysis. The weighted sum method (WSM) and the technique for order of preference by similarity to ideal solution (TOPSIS) are the two methods used in the second step of solving the model to identify the best supplier. In order to evaluate how well the proposed methodology was applied, a practical case was considered and implemented.

Innovation in distributed energy services for sustainable development: case studies from sub-Saharan Africa

Abstract In this work, we explore how locally led innovations can advance sustainable energy access in low-income regions of Africa. Given the emphasis of the Sustainable Development Goals on the importance of affordable, reliable, and sustainable energy, we critically assess how local innovations can address the unique challenges of regions characterized by informality and low purchasing power and where existing grid-based electricity supply is weak. Through case studies, we highlight successful initiatives in expanding energy services access, including product bundling, pay-as-you-go financial models, leveraging existing supply chains, and securing strong funding support. Our findings underscore the importance of local ownership, contextual knowledge, and the adaptation of innovations to specific socio-economic and cultural conditions. By comparing the case studies, we identify common strategies that can contribute to the effectiveness of local innovations in improving energy access and sustainability that can inform efforts to replicate and scale up such initiatives. We conclude by identifying common elements contributing to the success of these cases and their significance, focusing on those crucial for achieving speed, scale, and impact.

The role of big data analytics in the footwear supply chains: a multiple case study perspective

Purpose This paper aims to analyze the importance of big data analytics (BDA) and supply chain analytics for sustainable supply chain management in all types of enterprises in the footwear industry. The importance and implementation of BDA in supply chain management have been discussed in this research paper, and a conceptual framework is proposed for the implementation. Design/methodology/approach The previous research indicates that the application of BDA and supply chain analytics is the key point to establishing sustainable supply chain management. Even though there are several types of research on the implications of BDA, there is still a gap in practical implications in organizations. For a better understanding, comparison of frameworks has been done for literature support. Further, 11 in-depth, semi-structured interviews have been conducted with four organizations from the footwear industry, and a conceptual framework has been proposed. Findings This research demonstrates an important gap in the literature through a thorough investigation of how firms can improve operational efficiency and productivity through the framework application and whether it is feasible to apply this within the global footwear industry or not. In conclusion, the research has denoted that despite lack of understanding related to sustainability agendas and not having proper ERP or BDA systems, the organizations operating in Pakistan still met some standards of sustainability and are moving toward achieving more. Research limitations/implications The research has pointed out the importance of the integration of all stakeholders in the supply chain through a proposed framework that aligns and guides the stakeholders so that the policies and other constraints may be taken into consideration while revising sustainable supply chain strategies. Practical implications This study will help increase sustainability through the application of BDA technology, which will benefit various stakeholders, particularly those in the footwear industry. Originality/value This study has proposed a framework based on three stages of the implementation of BDA in the existing supply chain to maintain and achieve sustainability in the organization in the footwear industry. This three-stage framework covers many aspects that were not covered in the literature before.

ВПЛИВ ВІЙНИ НА МІЖНАРОДНІ ТРАНСПОРТНІ ПЕРЕВЕЗЕННЯ УКРАЇНИ

The article found that the full-scale war in Ukraine had a strong impact on international transportation. The structure of the volume of cargo transportation and the number of transported passengers were analyzed. It was determined that there is uncertainty in the market of international freight transportation of Ukraine during the studied period. On the one hand, the war had a negative impact on the country's economy and led to a decrease in the volume of cargo transportation. On the other hand, Ukraine is an important transit country through which key logistics routes connecting Europe and Asia pass. It was established that the blocking of air transport and sea trade, with the exception of the "Grain Initiative", led to a radical change in the structure of domestic import/export and the leadership of land corridors. Global transformations in world trade caused by the war in Ukraine also affected the configuration of existing supply chains, Ukrainian exports were completely reoriented towards the EU. It is indicated that Ukraine's signing of an agreement on visa-free transport cooperation with the European Union has opened up new prospects for bilateral international road transport, freeing Ukrainian carriers from the need to obtain permits for flights to EU countries. However, there are also negative trends that affect the growth of transport services and, as a result, decrease the competitiveness of transport companies. A list of legislative and regulatory innovations and organizational measures aimed at improving international transportation is given. It is argued that a successful solution for the recovery of the country will be the integration of the Ukrainian economy into the EU economic system with the help of various European logistics and infrastructure projects. It was determined that the key factors in the normalization of transportation were: the conclusion of the "Grain Initiative" with the UN and Turkey, which allowed to unblock the ports of Great Odesa; signing the Agreement on the Liberalization of Road Freight Transportation with the EU; development of border infrastructure, in particular, increasing the capacity of existing road and railway checkpoints, as well as the opening of new ones; increasing cargo handling in the ports of the Danube port cluster.

Analisis Nilai Tambah untuk Meningkatkan Keberlanjutan Rantai Pasok Agroindustri Kopi di Kabupaten Kerinci

The purpose of the research is to analyze the amount of added value obtained by the actors and design a proposed strategy to increase the sustainability index in the coffee agro-industry supply chain. The analysis of added value was carried out using Hayami. The stages carried out were conversion analysis, identification of actors involved in the supply chain and calculating the profits of each actor. The amount of profit obtained by the actors in the existing supply chain is quite diverse, where the largest profit is obtained by KUB (80.42%), while the smallest profit is obtained by farmers, namely 56.96%.

DEVELOPMENT OF THE PLANT PROTECTION MARKET: GLOBAL AND UKRAINIAN TRENDS

Topicality. In the context of market instability caused by hostilities, the entire country's economy is undergoing a process of improvement and adjustment to the new realities, which also affects the state of affairs on world markets, including the global and national markets for plant protection products. The introduction of martial law provokes new challenges, such as: building new and restructuring existing supply chains, taking into account the impact of internal and external factors when building a business model in the field of agrochemicals production, assessing the effectiveness of public policy and the level of its impact on markets. At the same time, the issue of ensuring the stable development of these markets and their elements is not sufficiently studied, which makes it important to search for the latest scientific developments in this area. Aim and tasks. The purpose of the study is to assess the prospects for the development and formation of the market of plant protection products in agriculture at the international and national levels, to analyze the structure of their use, and to identify the countries that are leaders in the use, export and import of pesticides in the world. Objectives of the study: to study the general state of affairs in the field of agrochemicals production; to characterize the essence and vector of changes in the performance indicators of the plant protection products market; to study the impact of plant protection products on crop yields and to assess the financial results obtained by plant protection products manufacturers and farmers who used them; to provide justification for changing the market structure and adjusting it to the current conditions in the presence of hostilities. Materials and methods. The results of the theoretical and balanced combination of scientific works, methodological approaches and provisions in the field of diagnosing and monitoring the balance of development of the global and national markets of plant protection products, as well as their reconfiguration and reorientation, which are covered in the works of fundamental and applied nature. The following methods have been used to solve the outlined tasks: generalization, system analysis, induction, deduction, synthesis, grouping, abstract and logical method. Research results. Proposals for assessing the current state and potential development of the global and domestic markets of plant protection products are presented. In order to analyze the economic component of the development of these markets, proposals are made to improve the physical and economic availability of agrochemical products, investment and technological development of plant protection products markets. A set of actions aimed at facilitating the work of relocated enterprises is proposed. In order to assess the environmental component of the evolution of plant protection products markets, a list of measures aimed at analyzing the dynamics of resource and environmental sustainability of agrochemical producers and their stable functioning is presented. The author focuses on the role of the State and local authorities. It is indicated that the key is the resource and environmental productivity of enterprises producing plant protection products, which contributes to determining the level of environmental performance of enterprises and markets in general. This indicates their ability to create added value with a neutral or positive impact on the environment in the face of resource constraints, challenges and threats to the security environment. Conclusion. The scientific novelty of the study is the development of proposals to provide a comprehensive assessment of the current state and prospects for the development of the global and national markets of plant protection products and agrochemical producers through state support, which made it possible to construct an expanded system of indicators in the economic, social and environmental areas using both traditional and author's indicators with an emphasis on the dynamics of their changes in conditions of instability. Having analyzed the phytosanitary condition of modern agroecosystems, we can conclude that the situation is unsatisfactory and constantly deteriorating. This significantly complicates the technological processes of growing crops and obtaining high and stable yields, even with the intensive use of pesticides without a well-thought-out approach to plant protection. Attention should be drawn to the need for regular monitoring of agrocenoses, assessment of species diversity of weeds, pathogens and pests. Measures should be taken to develop an action plan to offset the consequences of the destruction of the Kakhovka hydroelectric power plant and restore the areas that suffered damage as a result. It is also necessary to develop an action plan to restore the liberated territories. A list of proposals was also provided to improve the phytosanitary condition of agricultural ecosystems and crop cultivation technologies.

Strengthening the supply chain of bamboo resources in Bukidnon, Philippines

This research note focuses on strengthening the supply chain of bamboo resources in Bukidnon, emphasizing the identified key players and their respective roles. Bamboo is a valuable and sustainable resource with significant economic, social, and environmental benefits. However, the existing supply chain in Bukidnon faces challenges such as inadequate infrastructure, limited value addition, and a lack of market linkages. This study outlines key strategies and interventions to address these challenges and promote a vibrant bamboo industry. The methods involve a comprehensive analysis of the current state of the bamboo supply chain in Bukidnon, including a review of existing literature, consultations with industry experts, and case studies from successful bamboo industries in other provinces. The study recommends several strategies for strengthening the bamboo supply chain. First, enhancing bamboo production through sustainable cultivation practices, providing technical assistance to farmers, and adopting modern techniques are crucial. Second, promoting responsible harvesting practices and regrowth management through training programs can ensure the long-term sustainability of bamboo resources. Third, improving processing and value addition by investing in modern facilities and equipment can enhance competitiveness and quality. Lastly, establishing effective market linkages through trade fairs, networking events, and online marketplaces will connect producers with buyers, foster collaboration, and open up new market opportunities. The study concludes that a strengthened supply chain will contribute to economic growth, enhance the competitiveness of Bukidnon's bamboo industry, and generate higher economic returns. Moreover, establishing effective market linkages will facilitate knowledge sharing and collaboration, leading to domestic and international market expansion.

Blockchain Technology for Secure and Transparent Supply Chain Management

Purpose: The general objective of the study was to explore blockchain technology for secure and transparent supply chain management. Methodology: The study adopted a desktop research methodology. Desk research refers to secondary data or that which can be collected without fieldwork. Desk research is basically involved in collecting data from existing resources hence it is often considered a low cost technique as compared to field research, as the main cost is involved in executive’s time, telephone charges and directories. Thus, the study relied on already published studies, reports and statistics. This secondary data was easily accessed through the online journals and library. Findings: The findings reveal that there exists a contextual and methodological gap relating to blockchain technology for secure and transparent supply chain management. Preliminary empirical review revealed that blockchain technology had the potential to transform supply chain management by enhancing security and transparency. It emphasized the benefits of decentralization, immutability, and real-time visibility, which could reduce fraud and improve traceability. However, the study also highlighted challenges such as scalability, interoperability, and regulatory hurdles, which needed to be addressed for widespread adoption. Ultimately, the study suggested that companies investing in blockchain could gain a competitive advantage through increased efficiency and consumer trust, positioning blockchain as a crucial future component in supply chain management. Unique Contribution to Theory, Practice and Policy: Transaction Cost Theory, Social Exchange Theory and Resource-Based View (RBV) Theory may be used to anchor future studies on blockchain technology. The study made significant contributions to theory, practice, and policy. It integrated blockchain into existing supply chain theories, highlighting its role in reducing transaction costs and fostering trust. Practically, it recommended businesses invest in blockchain for enhanced transparency and efficiency, and leverage smart contracts to automate processes. It emphasized the need for supportive regulatory frameworks and addressed legal and ethical implications. The study advised a phased implementation approach and stakeholder collaboration, and suggested future research explore blockchain's long-term impacts and integration with IoT and AI. It underscored the broader implications for global trade and economic development.

Impacts of blockchain technology in agrifood: exploring the interplay between transactions and firms’ strategic resources

PurposeDespite the growing interest in blockchain technology (BCT) applications in the agri-food industry, evidence of their economic and strategic implications remains scarce. This study aims to contribute to filling this gap by jointly investigating how BCT adoption affects transactional relationships, and how it contributes to the firm’s strategic resources.Design/methodology/approachAn explanatory case study is conducted based on a theoretical framework grounded on transaction cost economics and the resource-based-dynamic capabilities view. Six BCT implementations by agri-food firms are studied. Data were collected through semi-structured interviews and analysed using thematic analysis.FindingsFindings reveal that BCT benefits depend on how companies integrate technology across their supply chains. In fact, the results suggest that overall transaction efficiency within the supply chain is enhanced only for those firms prioritising stakeholder engagement during technology implementation and leveraging existing trust relationships with economic agents. Moreover, the results suggest that BCT is not yet perceived as a strategic resource, but rather that it has the potential to enhance firms’ operational-adaptive, absorptive and innovative capabilities. When all supply chain actors clearly understand blockchain’s functionality and value, the development of these capabilities becomes more pronounced.Practical implicationsThe study identifies two BCT adoption configurations. One primarily focuses on enhancing supply chain efficiency and transparency (dynamic BCT), while the other uses BCT mainly for marketing purposes (static BCT). These configurations lead to varied possibilities for leveraging BCT’s potential advantages. Furthermore, they show how a mismatch between a strategic approach and its chosen configuration could work against any positive impact and lead to disillusionment with the BCT. Thus, managers should assess carefully the impact of such different configuration choices on performance.Originality/valueTo the best of the authors’ knowledge, this is the first study to attempt to analyse the economic implications of adopting BCT in the food sector from both a firm and supply chain perspective. Additionally, it shows how interpreting these impacts is contingent on the diverse modalities for embedding BCT into existing supply chains.

How does strategic agenda building affect valuation of supply resources and sourcing policies? A case from the food industry

PurposeBusiness strategy issues increasingly concern value realized from supply resources. However, how supply resources are valorized by managerial factions in a strategic issue setting is not sufficiently explored. In organizations operating in complex business contexts, several strategic agendas and supply value perceptions typically coexist. This study aims to explore the process of developing corporate attention towards supply-related strategic issues and how it links to sourcing strategy.Design/methodology/approachAn explorative longitudinal case study within the food industry is conducted. Data are collected in a four year period. Working physically from the case company made it possible to be close to the company’s actors. The first author participated in 26 formal team meetings ranging from 1.5 h to 3 days long, conducted 28 interviews across managerial levels and functions and participated in informal verbal and written communications.FindingsThis study explores strategizing efforts of organizations and scrutinize consequences of strategic ambiguity for sourcing strategy and supply resources. Furthermore, this study outlines implications for management and theory development.Research limitations/implicationsSince this paper is based on an in-depth single case study, its findings are not empirically generalizable.Practical implicationsThis paper suggests that managers should pay stronger attention to constituents’ valuation of supply resources, and how they fit with the different strategic agendas within the firm. By doing so, a more comprehensive supply resource mobilization is possible.Originality/valueBusiness strategy research increasingly focuses on the value of supply resources for a buying firm’s business strategy (Kotabe and Murray 2018; Lee and Rammohan 2017; Schiele, Calvi, and Gibbert 2012). In a context where the value obtained from sourcing is gaining increased importance, more organizations link supply policies with corporate strategic goals (Andersen, Ellegaard, and Kragh 2016; Hesping and Schiele 2015; Pardo et al., 2011). However, existing supply chain research does not incorporate an organization’s strategizing efforts, when considering supply resource valuation, and how this can be a source of ambiguity to sourcing strategy. The is the paper’s contribution.

The impact of risk factors on the sustainability of food distribution chain functioning in Kazakhstan

In conditions of risk and uncertainty, food security is ensured taking into account the requirements of isolation, safety and health, which requires changes to the existing supply chain (SC) system in the food environment, as well as the creation of more sustainable food supply chains. The aim of the study is to assess the conditions and factors of the functioning of the food commodity distribution chain (FCDC) of the agri-food market in conditions of risk, in particular, the COVID-19 pandemic. To formulate a conceptual framework reflecting the structure of the SC elements, the method of systematic review and generalization of literature was used; the method of expert survey of participants in the SC of food products (FP). During the analysis, seven significant factor constraints (technological, financial, economic, institutional, social, epidemiological, geographical) were revealed, the environment and operating conditions of the FCDC associated with the impact of the pandemic were identified. The risk factors of the environment and operating conditions of the FCDC and their possible effects on the SC are evaluated. Practical recommendations are given to reduce risks and improve the efficiency of the agro-food commodity distribution SC. The study attempts to study the influence of various factors caused by the restriction of the functioning of the food environment and affecting the stability of the SC of perishable products. The results could also be used to inform SC participants about the measures needed to create more sustainable SC foods in the future.

Collaboration Practices for the Cybersecurity of Supply Chains to Critical Infrastructure

This work describes the collaboration practices of a community of interest in the UK that brings together cybersecurity professionals with a shared interest in improving supply chain cybersecurity for Operational Technology (OT) environments. This research emphasizes the need for collective responsibility between organizations and provides a set of principles for adopting a code of practice and partnership approach to supply chain cybersecurity. This work has enabled cybersecurity experience from several critical infrastructure sectors, including energy, rail, aviation, water, health, and food, to analyze the uptake and practical use of existing supply chain guidance, identifying gaps and challenges. The community has examined touch points with the supply chain and identified improvements related to the communication of cybersecurity requirements, technical and commercial engagement between customers and suppliers, and in the tailoring of implementations towards operational technology contexts. Communicating the context of securing cyber-physical systems is an essential perspective for this community. This work exemplifies a partnership framework and is translating experiences into useful guidance, particularly for OT systems, to improve cybersecurity levels across multiple contributors to critical infrastructure systems.

Predictive analytics on artificial intelligence in supply chain optimization

AI-powered predictive analytics is among the most important ways of optimizing supply chains. This paper on AI-powered predictive analytics will address improving the competitiveness and effectiveness of supply chain operations. Nevertheless, current methods are not always scalable or adaptable to complex supply networks and changing market environments. Therefore, this paper posits that Supply Chain Optimization using Artificial Intelligence (SCO-AI) systems can help with these concerns. SCO-AI employs real-time data analysis and advanced machine learning algorithms which results to reduced response time, enhanced logistics route optimization, improved demand planning as well as real-time inventory control. Thus, the idea herein suggested fits smoothly into existing supply chain frameworks for data-driven decisions that make companies remain agile in ever-changing market dynamics. SCO-AI implementation has seen significant improvements in inventory turnover rate, rates of on-time delivery as well as overall supply chain costs. In this period of high business turbulence, such kind of research builds up the robustness of a given supply chain while at the same time minimizing operational risks by means of simulations and case studies

Toward a circular supply chain: The enabling role of information and financial flows in open and closed loop designs

Paramount to the transition to the circular economy is the transformation of existing supply chains. We build on the theory of the supply chain to study circular design features and the enabling role of information and financial flows needed for circularity. We study five exemplars for environmental leadership to illuminate how material flows are enabled by information and financial flows to leverage cross-industry waste flows (i.e., open loops) and customer returns (i.e., closed loops). While both open and closed loop designs can lead to a bottom-up transition towards the circular economy, there are differences in the enabling role played by outward and inward information flows. Further, we unpack the supporting role of inward and outward financial flows toward customers, suppliers and non-supply chain stakeholders for creating a viable supply and demand circular market and a wider community in which circular supply chain can be embedded.

Enhancing resilience in transnational E-commerce supply chains: Critical factors, perspectives and strategic action plan

This study develops a hybrid model to investigate the factors affecting transnational e-commerce supply chain resilience (TNSCRE) by integrating the Entropy Weight Method (EWM), Simple Additive Weighting (SAW), and Interpretive Structural Modeling (ISM). The study identifies 36 critical factors categorized under supply chain adaptability, supply chain efficiency, and supply chain evolution, and five criteria are used to rank these factors. The EWM is used to calculate the relative weights of the criteria, and the SAW method is used to rank the factors based on their weighted scores. The ISM is then used to evaluate the interrelationships among the key factors. The research highlights the significance of several factors, such as the speed of supply chain disruption recovery, interactive collaboration, and response time to supply chain disruption. Sensitivity analysis was performed to assess the robustness of the findings. Finally, a SWOT analysis is conducted to develop a strategic action plan for addressing these significant factors. The study provides a comprehensive understanding of the factors that impact TNSCRE from the perspective of multiple stakeholders. The findings can help e-commerce business owners improve their existing supply chain resilience and achieve sustainable growth in the context of globalization.

The role of technology in supply chain risk management: Innovations and challenges in logistics

The review delves into the pivotal role of technology in revolutionizing supply chain risk management practices within the logistics sector. The paper explores the myriad of risks faced by modern supply chains, ranging from natural disasters and geopolitical tensions to cyber threats and disruptions in global trade patterns. It investigates how technological innovations such as blockchain, Internet of Things (IoT), artificial intelligence (AI), and predictive analytics are reshaping traditional risk management approaches by providing real-time visibility, data-driven insights, and proactive mitigation strategies. Through a comprehensive analysis, the study examines the transformative potential of these technologies in enhancing supply chain resilience, agility, and responsiveness to unforeseen disruptions. It highlights the benefits of leveraging blockchain technology for secure and transparent supply chain transactions, IoT sensors for real-time monitoring of goods in transit, AI algorithms for predictive risk modeling, and predictive analytics for identifying and mitigating potential disruptions before they escalate. Furthermore, the paper delves into the challenges and complexities associated with adopting and integrating these technologies into existing supply chain processes, including interoperability issues, data privacy concerns, and the need for specialized expertise. By providing practical insights, case studies, and best practices, the study aims to empower logistics professionals, policymakers, and industry stakeholders to harness the full potential of technology-driven solutions in managing supply chain risks effectively and ensuring business continuity in an increasingly uncertain and volatile global environment.

THE ROLE OF TECHNOLOGY IN SUPPLY CHAIN RISK MANAGEMENT: INNOVATIONS AND CHALLENGES IN LOGISTICS

The review delves into the pivotal role of technology in revolutionizing supply chain risk management practices within the logistics sector. The paper explores the myriad of risks faced by modern supply chains, ranging from natural disasters and geopolitical tensions to cyber threats and disruptions in global trade patterns. It investigates how technological innovations such as blockchain, Internet of Things (IoT), artificial intelligence (AI), and predictive analytics are reshaping traditional risk management approaches by providing real-time visibility, data-driven insights, and proactive mitigation strategies. Through a comprehensive analysis, the study examines the transformative potential of these technologies in enhancing supply chain resilience, agility, and responsiveness to unforeseen disruptions. It highlights the benefits of leveraging blockchain technology for secure and transparent supply chain transactions, IoT sensors for real-time monitoring of goods in transit, AI algorithms for predictive risk modeling, and predictive analytics for identifying and mitigating potential disruptions before they escalate. Furthermore, the paper delves into the challenges and complexities associated with adopting and integrating these technologies into existing supply chain processes, including interoperability issues, data privacy concerns, and the need for specialized expertise. By providing practical insights, case studies, and best practices, the study aims to empower logistics professionals, policymakers, and industry stakeholders to harness the full potential of technology-driven solutions in managing supply chain risks effectively and ensuring business continuity in an increasingly uncertain and volatile global environment.
 Keywords: Technology, Supply Chain, Risk Management, Innovations, Challenges, Logistics.