Year: 2024
Type: conference-paper
Abstract: Organisations need supply chain performance management (further in the text - SCPM) to boost competitiveness and accomplish strategic objectives. This research integrates various viewpoints and scholarly contributions to provide a thorough definition of SCPM, crucial metrics, technological integration, difficulties, and solutions. The objectives of the research are: to clarify the concept of SCPM; to explore challenges and approaches in SCPM; to assess technological impacts on SCPM; to suggest practical suggestions for SCPM and improvement directions for further research of SCPM. The study emphasises the necessity of a cohesive strategy by highlighting the strategic alignment of supply chain plans with organisational objectives. The revolutionary influence of digitalization and technological integration, especially Artificial Intelligence (AI) and Internet of Things (IoT), is presented together with key performance measures including order fulfilment rate, inventory turnover, and on-time delivery. The study highlights how crucial it is to collaborate, be resilient, and adapt continuously in order to successfully traverse changing corporate contexts. Through the integration of theory and practice, the study provides practitioners with practical suggestions to enhance SCPM practices. Future research directions are also identified, such as innovative approaches to performance measurement and the usefulness of developing technology. In the end, this research fosters a deeper understanding of effective SCPM techniques in achieving organisational resilience and competitiveness in the dynamic supply chain landscape of today, serving as a guide for practitioners and scholars.
Authors: Anna Oborska, Zanete Garanti
Institution: Latvia University of Life Sciences and Technologies
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4404723225