Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 51 , 01 December 2023
Open
Access | Article
Digital Transformation and Resilience in Global Supply Chains: A Comprehensive Review and Future Directions in the Post-COVID-19 Era
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Abstract
Supply chains have been severely affected by the epidemic, which has an impact on shareholder value and corporate performance. Effective management of company continuity can be a potent instrument for reducing damage to operations and reputation. This study investigates how disruptions in global supply chains spread and how they affect the ecosystem. It emphasizes how crucial it is to comprehend these interactions because they may have an effect on not only the impacted organization but also its rivals, clients, and suppliers. With the help of digital technologies, businesses are now better able to handle information, improve integration, and increase supply chain resilience. They have the potential to improve resilience in the wake of unanticipated events like pandemics by promoting traceability and adaptability within the supply chain. The assessment urges enterprises to speed up the adoption of intelligent technology and automation as it comes to the post-COVID-19 age in order to increase the supply chains' resilience, sustainability, and robustness. Additionally, it suggests tactics like geographic supply chain redistribution, supplier network diversity, and the adoption of circular economy principles.
Keywords
supply chain disruptions, ecosystem impact, digital technologies, resilience, adaptability
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-149-0
- ISBN (Online)
- 978-1-83558-150-6
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/51/20230649
- Copyright
- 01 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited