Internet of Things and Supply Chains: A Framework for Identifying Opportunities for Improvement and Its Application
Name
2017_Phadnis_IOTSupplyChainsFramework.pdf
Size
644.17 KB
Format
Adobe PDF
Checksum (MD5)
f4dbcddc6283dd72a379eed81ded70e5
Author(s)
Phadnis, Shardul
Date Issued
May 26, 2017
Series/Report no.
SCALE Working Paper Series;17-02
Abstract
Management and technology experts believe that the internet of things (IoT) has the potential to radically transform today’s supply chains. Several practice-focused publications describe various ways in which IoT capabilities can affect the supply chains in positive and negative ways. However, no generic framework describing the peculiar effects of IoT on supply chains has yet emerged. This study presents a theoretical framework to articulate the distinct ways in which the IoT can influence the management of supply chains. The use of this framework is illustrated by applying it to identify opportunities for improving two supply chains: the supply chain described in the famed “Beer Distribution Game” and a revised version of that supply chain. This framework, grounded in the foundation of organizational information processing theory, can be of practical use in guiding organizations envision novel ways to improve the performance of their supply chains by deploying the IoT capabilities.
Subjects
Internet of things (IOT)
Supply chain management
Information ecosystem
Terms of Use
Attribution-NonCommercial 3.0 United States
Attribution 3.0 United States
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