Applications and Challenges of Smart Technologies in Supply Chain Management

The advent of intelligent technologies in supply chain management(SCM)through the use of artificial intelligence(AI),the Internet of Things(IoT),blockchain,big data analytics,and others is a game changer.These improvements increase clarity,effectiveness,and flexibility,allowing companies to quickly deal with market changes and interruptions.Nevertheless,adopting such technologies comes with difficulties,such as information security,compatibility,exorbitant prices,and employee opposition.The applications of intelligent technologies for SCM are examined in this article,as well as the importance of their implementation and solutions that provide a competitive advantage for businesses.

IoT-Enabled RFID in Supply Chain Management: A Comprehensive Survey and Future Directions

Radio frequency identification (RFID) has emerged as a pivotal technology in supply chain management (SCM), significantly enhancing its efficiency and effectiveness. When integrated with the internet of things (IoT) to form RFID-IoT, this technology brings transformative advancements to SCM, enabling automated sensing, pervasive computing, and ubiquitous data access across the entire supply chain, from manufacturers and distributors to retailers and consumers. This integration facilitates real-time identification and monitoring of products, enhances various processes, improves logistic tracking, and ensures better product quality management. Despite its promising benefits, the adoption of RFID-IoT in SCM faces several challenges, including technical complexities, data security concerns, and high implementation costs. However, the future potential of RFID-IoT technology remains substantial. It is anticipated that further integration with other emerging technologies, such as block chain and artificial intelligence, will lead to more comprehensive and robust SCM solutions, offering unprecedented levels of transparency, efficiency, and automation in supply chain operations.

An Overview of the Application of Big Data in Supply Chain Management and Adaptation in Nigeria

That the world is a global village is no longer news through the tremendous advancement in the Information Communication Technology (ICT). The metamorphosis of the human data storage and analysis from analogue through the jaguars-loom mainframe computer to the present modern high power processing computers with sextillion bytes storage capacity has prompted discussion of Big Data concept as a tool in managing hitherto all human challenges of complex human system multiplier effects. The supply chain management (SCM) that deals with spatial service delivery that must be safe, efficient, reliable, cheap, transparent, and foreseeable to meet customers’ needs cannot but employ bid data tools in its operation. This study employs secondary data online to review the importance of big data in supply chain management and the levels of adoption in Nigeria. The study revealed that the application of big data tools in SCM and other industrial sectors is synonymous to human and national development. It is therefore recommended that both private and governmental bodies should key into e-transactions for easy data assemblage and analysis for profitable forecasting and policy formation.

The Application of Transaction Cost Theory in Supply Chain Management

In the context of globalization and digitalization, the application of transaction cost theory in supply chain management has become increasingly important. As business environments grow more complex, enterprises face challenges in effectively managing supply chain transaction costs. This paper systematically explores the application of transaction cost theory in supply chain management, covering key areas such as supplier selection, supply chain integration, and risk management. The research finds that supplier evaluation models based on transaction costs can help enterprises make more comprehensive selection decisions. In terms of supply chain integration, transaction cost theory provides important guidance for vertical integration decisions and the design of collaboration mechanisms. The application of digital technologies has both reduced traditional transaction costs and introduced new cost considerations. Faced with emerging risks such as cybersecurity and geopolitical issues, enterprises need to adopt dynamic transaction cost management strategies. In the future, the application of transaction cost theory in supply chain management will likely place greater emphasis on interdisciplinary integration and sustainable development, providing theoretical support for enterprises to achieve efficient, flexible, and sustainable supply chain management in the changing global business environment.

Research on Innovation Strategy of Supply Chain Management of Agricultural Enterprises Under the Background of Big Data

With the rapid development and widespread application of Big Data technology, the supply chain management of agricultural products enterprises is facing unprecedented reform and challenges. This study takes the perspective of Big Data technology and collects relevant information on the application of supply chain management in 100 agricultural product enterprises through a survey questionnaire. The study found that the use of Big Data can effectively improve the accuracy of demand forecasting, inventory management efficiency, optimize logistics costs, improve supplier management efficiency, enhance the overall level of supply chain management of enterprises, and propose innovative strategies for supply chain management of agricultural products enterprises based on this. Big Data technology brings a new solution for agricultural products enterprises to enhance their supply chain management level, making the supply chain smarter and more efficient.

Research on Procurement Cost Control Based on Supply Chain Management

In modern enterprise management,strengthening the control and management of procurement processes can effectively reduce operational costs.However,with the continuous reform and improvement of China’s market economy system,competition among supply chain enterprises has intensified.The traditional procurement management model is no longer able to meet the needs of enterprise development in the current era.As a result,procurement management based on supply chain management has emerged,offering significant improvements in the scientific management of procurement processes.It has become an important means of promoting the long-term development of enterprises.This paper primarily analyzes and studies procurement cost control based on supply chain management,providing insights for reference.

Automobile Transportation Logistics Supply Chain Management Strategy

To enhance the management level and quality of the automobile transportation logistics supply chain and promote innovation and development in automobile transportation logistics enterprises,it is essential to strengthen the construction of the automobile transportation logistics supply chain management model.This can be achieved through the gradual improvement of the automobile transportation logistics management process,ensuring that the management of the automobile transportation logistics supply chain proceeds in an orderly manner.The aim is to improve automobile transportation and logistics service levels while meeting the changing market supply needs.This will enable automobile transportation and logistics enterprises to maintain steady economic benefits and enhance their core competitiveness in the market.Therefore,this paper has conducted a comprehensive exploration and research on managing the automobile transportation logistics supply chain.Corresponding management strategies are proposed as a starting point to achieve the aforementioned goals.

Methods of vendor managed inventory control in supply chain management

By inducing the typical inventory control problem - the bullwhip effect, this paper presents vendor managed inventory (VMI) control methods on the basis of traditional methods of inventory management methods, constructs a VMI mathematics model, and analyzes the influence of VMI on inventory cost and channel profit. Finally, a special case is studied to verify that VMI is an effective supply chain strategy that can not only increase channel profit of supplier and customer but also improve full channel coordination, thereby reducing the bullwhip effect.

AGENT-BASED WORKFLOW COORDINATION FOR SUPPLY CHAIN MANAGEMENT

To align customer demand with suppliers for reducing work in process and supply costs and increasing re sp onsiveness to customer requirements, a real time collaborative supply chain mana gement system is essential. A solution to the realization of supply chain manage ment capable of timely responding to customer requirements is proposed. Workflow automation is used to manage process interaction across enterprises; Agents can be automatically invoked by supply chain workflow process and are used to pro mote the flexibility and reconfigurability by providing the mechanism in support of distributed compution in an enterprises to meet the requirements of performa nce and business dynamics. An approach that supports agent based workflow proce ss in a supply chain is proposed. And the coordination mechanism between agents is also discussed.

Improving construction performance through supply chain management

A typical model of construction supply chain (CSC) is presented firstly. Then the characteristics and problems of CSC are identified. The authors also describe the progress towards adoption of supply chain management (SCM) in the construction industry. Traditional construction management approaches (CMAs) are compared with new SCM-based CMAs. The authors suggest that integrated SCM based on cooperating competition is crucial to improve construction performance. Based on relevant results from related research, a framework for integrated construction supply chain management (CSCM) is developed to guide the effective implementation of SCM in construction.

Collaborative Supply Chain Management: A Critical Redesigning Factor

In improving the competitiveness of business organi sa tion in the 21st century, minimising cost and increasing productivity are no lon ger factors that could promise the success. The changes in customer trends whic h focusing more on product or service customising, high quality and short delive ry times are additional crucial factors that organisation should be aware of. T hese factors have direct relations on how the management could utilise the capab ility of its supply chain management (SCM). The importance of SCM in organisati on specifically to manufacturer is to play a vital role in managing the flow of material and information along the chain from suppliers to customers. In a trad itional way, SCM is mainly manage by the production department in organisation b ut with the advancement in information technology, resulted the changes in worki ng environment. One of the ways that could be implemented in decision making p rocess in order to improve the effectiveness and efficiency of the decision is t hrough collaborative environment. Due to this situation, there is a need to rede sign the existing SCM in order to optimise its capability and functionality in t he way to ensure the organisation competitiveness is sustainable. A minor or ma jor alignment to SCM business processes should be done in order to streamline th e flow of information, which could also affect the flow of materials. Factors s uch as SCM operational, structural and even its managerial are among the issues that are critical in redesigning its business process. Each of these factors has its own attributes such as lead-times, complexity, frequency and organisationa l setting that could lead in improving organisational competitiveness. In additi on, by identifying these factors, it would help the management to plan and desig n the collaborative SCM that would effectively correspond to the changes in busi ness and customer trends. The intention of the paper is to promote a list of fa ctors and attributes, which are critical in redesigning an existing SCM in order to shift its environment to become collaborative SCM. By utilising these facto rs and attributes, a model for redesigning SCM into collaborative environment is currently developed by the author and will be used in the next stage of his res earch.

Role of supply chain management in target costing

Standard costing is used as a control for product costing. But with life cycle becoming shorter, costing should be done at the design and development stage of a product. This is achieved through target costing.The implementation of target costing and target pricing is done with the ultimate purpose of cost reduction, cost understanding, continuous improvement, competitiveness, early purchasing and supplier involvement, and improved design and accountability by manufacturers. The study explores the participation of the purchasing and supply chain management＇s role in target costing and target pricing process. Supply management plays an active role in monitoring the ongoing cost and performance of suppliers during the early stages of product development. Implementation of target costing and target pricing in various organizations are also explored. Leading Japanese manufacturers have used target costing and target pricing systems to their advantage and the paper also examines the adaptation of the Western companies to these proactive cost management techniques to improve their product development processes.

Solution and Application Development of the Supply Chain Management System in SINOPEC

SINOPEC is an integrated energy and chemical company engaging in upstream,midstream and downstream operations. The business of SINOPEC covers E&P of oil and gas, refining,chemical production, as well as sales and marketing of refined oil products. In the field of oil andnatural gas exploration and development, there are 13 upstream subsidiaries in SINOPEC. By the endof 2003, the proven reserves of crude oil were 3,257 mmbbls, and natural gas reserves totaled2,887.6 bcf. The oil and gas production in 2003 included 270.96 mmbbls of oil and 187.7 bcf ofnatural gas. In the area of middle-stream operation, SINOPEC has 33 refineries. The total capacityof crude distillation is 153.9 million tons/year, about 51% of the total distillation capacity inChina. In 2003, 123.5 million tons of crude oil was processed, around 53% of total crude processedin China.

The Impact of Electronic Supply Chain Management Usage on Firm’s Performance

This study investigates the status of e-SCM and performance among Jordanian manufacturing sector. The objective of this study is to analyze the impact of trust and communication on the e-SCM usage. Moreover, the study investigates the effect of the trust and communication on the firm’s performance while the e-SCM usage is used as a mediating factor on firm’s performance. The proposed research model was validated by distributing 250 survey questionnaires to the manufacturing sector in Jordan. Structural equation modelling (SEM) technique was used to analyze the results. One of the main limitations of this study was that the results could not be universal since the study was limited to Jordan. We discussed the implications of our results for research and practice.

International Supply Chain Management （ISCM）： An Emergent Perspective on Internationalization Driven by Information and Communications Technology （ICT）

The focus of the article is on the contribution of the perspective of supply chain management （SCM） to the explanation of internationalization processes. The empirical study is based on case studies of 20 small- and medium-sized enterprises （SMEs） with international activities from China, India, New Zealand, and Singapore. All chosen firms were founded after 1980 in order to capture retrospectively the whole globalization process of each firm. All sample firms operate their supply chains （SCs） on the basis of information and communications technology （ICT）. Depending on size, strategy, business model, industry, and mindset of the managers, firms use ICT on a range from integrating individual functional areas to integrating the whole SC through enterprise resource planning （ERP） and customer relationship management （CRM） systems.

E-commerce Supply Chain Management Research

This paper describes the characteristics of the supply chain e-commerce era, understands the concept,content and objectives of supply chain management,and raises supply chain management model,and also analyzes e-commerce supply chain architecture.On the existing architecture,elaborates the build about e-commerce supply chain management system, along with proposing strategic directions of e-commerce supply chain management,including JIT, quick response, efficient customer response, enterprise resource planning and electronic ordering system,and discusses in detail the effects of various policy for the entire e-commerce supply chain management.

Green supply chain management development and performance evaluation

China＇ s rapid economic development in recent years, more and more prompted serious environmental problems, especially some high pollution enterprises, has been a serious threat to the survival of mankind. At the same time, both at home and abroad pay more and more attention to environmental problems caused in harm enterprises enhance their efficiency at the same time, the international and domestic have formulated a series of laws and regulations, the adverse effects of economic activity on the environment caused by the restriction of the enterprise. I studied the development and performance evaluation of green supply chain management, supply from the supply chain management strategy of a successful transition to the green supply chain management decision support for enterprises.

Who Benefits from Altruism in Supply Chain Management?

The significant effect of social preference on strategic behavior has been convinced by recent research. Along this stream of research, we study firms’ altruistic incentives in supply chains since the selfish rationality can’t deal with economic behaviors. We show that the performance of the supply chain in consideration of altruism is between those of scenarios under decentralization and under integration. We further shows that a manufacturer, as a leader, should find an egoistic retailer, while a retailer, as a follower, should find a manufacturer with altruistic liability, to form a good chain.

Analysis of Information Sharing Mechanism in the Food Industry Green Supply Chain Management and Operation Process

In order to effectively address the issues of environmental pollution and food safety in food industry,the green supply chain management should be used in the food industry.However,information sharing is the basis of supply chain management.For this purpose,on the basis of describing the connotation of food industry green supply chain management,the paper introduces the contents and the effects of information sharing mode in detail.It focuses on the barriers of the implementation of information-sharing mechanisms in the food industry green supply chain management and operation process and analyzes the necessity of using information sharing mechanism among the members of the food industry green supply chain management mode by game theory,so as to strengthen the competitiveness of enterprises through supply chain management.

The Application of Busywork Flow in Supply Chain Management of Fruits

Firstly,I point out the problems in the fruit supply chain management.Then through field survey,we know that busywork flow plays a very important role in the fruit supply chain management.I establish the mathematical model,to derive that the supply chain management of corporate procurement and supply network is the optimal economic model.In terms of the performance of supply chain,I draw the following conclusions:(i) Busywork flow can achieve the supply chain management,and reduces logistics costs in the whole process of circulation;(ii) Busywork flow can improve logistics services for the customers and reduces coordination costs;(iii) The establishment of modern information system can reduce logistics costs;(iv) Busywork flow can improve distribution efficiency and reduce costs;(v) Busywork flow can reduce and avoid the costs of return of goods;(vi) The operation of the busywork flow can achieve integrated transport and business outsourcing to third-party logistics,thereby reducing costs,reducing transport links,reasonably choosing the means of transport,formulating the optimal transportation plan,improving the mode of transport,and increasing the cargo loading amount.(vii) Busywork flow promotes the use of e-commerce.I also express my own views on upgrade version of corporate procurement and supply network.Finally I point out some problems in the existing corporate procurement and supply network,and put forward the following recommendations:developing township-level 4S fruit shop according to the business development,with the functions of purchasing apple,supplying means of agricultural production,providing technical services and developing market;building " corporate ecological orchard" through holding.