THE ROLE OF IT IN ENHANCING SUPPLY CHAIN RESILIENCE: A GLOBAL REVIEW

THE ROLE OF IT IN ENHANCING SUPPLY CHAIN RESILIENCE: A GLOBAL REVIEW

February 2024 | Akoh Atadoga, Femi Osasona, Olukunle Oladipupo Amoo, Oluwatoyin Ajobe Farayola, Benjamin Samson Ayinla, Temitayo Oluwaseun Abrahams
This global review explores the critical role of Information Technology (IT) in enhancing supply chain resilience. As supply chains become increasingly complex and vulnerable to various risks, leveraging IT capabilities becomes imperative for organizations aiming to build and sustain resilience. The review covers an in-depth analysis of how IT tools and systems contribute to enhancing supply chain resilience across diverse industries and geographical regions. Advanced technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and blockchain are examined for their transformative impact on supply chain management, enabling real-time visibility, predictive analytics, and secure information sharing. The review also highlights the significance of digital platforms and cloud-based solutions in fostering collaboration and agility within supply chains. Case studies from various global contexts provide insights into successful IT implementations that have significantly improved supply chain resilience, showcasing best practices and lessons learned. The review underscores the indispensable role of IT in fortifying supply chain resilience, emphasizing the need for organizations to prioritize IT integration in their resilience strategies.This global review explores the critical role of Information Technology (IT) in enhancing supply chain resilience. As supply chains become increasingly complex and vulnerable to various risks, leveraging IT capabilities becomes imperative for organizations aiming to build and sustain resilience. The review covers an in-depth analysis of how IT tools and systems contribute to enhancing supply chain resilience across diverse industries and geographical regions. Advanced technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and blockchain are examined for their transformative impact on supply chain management, enabling real-time visibility, predictive analytics, and secure information sharing. The review also highlights the significance of digital platforms and cloud-based solutions in fostering collaboration and agility within supply chains. Case studies from various global contexts provide insights into successful IT implementations that have significantly improved supply chain resilience, showcasing best practices and lessons learned. The review underscores the indispensable role of IT in fortifying supply chain resilience, emphasizing the need for organizations to prioritize IT integration in their resilience strategies.
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