Erekosima, Otonyemieba Biokpo (2024) The Digital Transformation of Supply Chain Management: Opportunities and Challenges for International Businesses. Masters thesis, Dublin, National College of Ireland.
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Abstract
In today's multi-dimensional world, digital transformation is no longer a desirable goal. Instead, it has become an integral part of supply chain management (SCM) and is being used to revamp international business frameworks. This dissertation is dedicated to the new horizon of SCM concerning the issue dual natural nature of digital transformation in SCM — its opportunities and challenges—particularly I would like to develop a case of how multinational corporations manage along this development path will rely on a systematic literature review where studies published between the years 2019 and 2023 were considered, which will offer the opportunity for a holistic analysis of how the Internet of Things (IoT), cloud computing or artificial intelligence (AI) are played a role to enhance efficiency, responsiveness, and competitiveness for worldwide supply chain management.
These results underline essential features such as boosted transparency, increased efficacy of decision-making, and greater operational efficiency because of automation and data analytics. On the other hand, such advantages are held back by the challenges of high exposure to cyber threats, immense investments in technology, and additional complexity in the digital supply chain system.
The analysis demonstrates that significant digital SCM breakthroughs occur where there is apt strategic planning and in place top-notch digital infrastructure to harness the advantages and reduce the challenges. The findings of this research play a far-reaching role in an academic context, opening up space for further discussions and offering practical advice for business executives and policymakers on the design of international supply chains targeted at digital transformation.
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