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Big data analytics for supply chain risk management: research opportunities at process crossroads

Author

Listed:
  • Leonardo de Assis Santos

    (UFRJ - Universidade Federal do Rio de Janeiro [Brasil] = Federal University of Rio de Janeiro [Brazil] = Université fédérale de Rio de Janeiro [Brésil])

  • Leonardo Marques

    (Audencia Business School)

Abstract

Purpose The purpose of this study is to map current knowledge on big data analytics (BDA) for supply chain risk management (SCRM) while providing future research needs. Design/methodology/approach The research team systematically reviewed 53 articles published between 2015 and 2021 and further contrasted the synthesis of these articles with four in-depth interviews with BDA startups that provider solutions for SCRM. Findings The analysis is framed in three perspectives. First, supply chain visibility – i.e. the number of tiers in the solutions; second, BDA analytical approach – descriptive, prescriptive or predictive approaches; third, the SCRM processes from risk monitoring to risk optimization. The study underlines that the forefront of innovation lies in multi-tiered, multi-directional solutions based on prescriptive BDA to support risk response and optimization (SCRM). In addition, we show that research on these innovations is scant, thus offering an important avenue for future studies. Originality/value This study makes relevant contributions to the field. We offer a theoretical framework that highlights the key relationships between supply chain visibility, BDA approaches and SCRM processes. Despite being at forefront of the innovation frontier, startups are still an under-explored agent. In times of major disruptions such as COVID-19 and the emergence of a plethora of new technologies that reshape businesses dynamically, future studies should map the key role of such actors to the advancement of SCRM.

Suggested Citation

  • Leonardo de Assis Santos & Leonardo Marques, 2022. "Big data analytics for supply chain risk management: research opportunities at process crossroads," Post-Print hal-03766121, HAL.
  • Handle: RePEc:hal:journl:hal-03766121
    DOI: 10.1108/BPMJ-01-2022-0012
    Note: View the original document on HAL open archive server: https://audencia.hal.science/hal-03766121
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    References listed on IDEAS

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    1. Wang, Gang & Gunasekaran, Angappa & Ngai, Eric W.T. & Papadopoulos, Thanos, 2016. "Big data analytics in logistics and supply chain management: Certain investigations for research and applications," International Journal of Production Economics, Elsevier, vol. 176(C), pages 98-110.
    2. Leonardo Marques, 2019. "Sustainable supply network management," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 68(6), pages 1164-1190, May.
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    4. Venkatesh Mani & Catarina Delgado & Benjamin T. Hazen & Purvishkumar Patel, 2017. "Mitigating Supply Chain Risk via Sustainability Using Big Data Analytics: Evidence from the Manufacturing Supply Chain," Sustainability, MDPI, vol. 9(4), pages 1-21, April.
    5. ManMohan S. Sodhi & Christopher S. Tang, 2019. "Research Opportunities in Supply Chain Transparency," Production and Operations Management, Production and Operations Management Society, vol. 28(12), pages 2946-2959, December.
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    7. Leonardo Marques & Tingting Yan & Lee Matthews, 2020. "Knowledge Diffusion in a Global Supply Network: A Network of Practice View," Journal of Supply Chain Management, Institute for Supply Management, vol. 56(1), pages 33-53, January.
    8. Shirish Jeble & Rameshwar Dubey & Stephen J. Childe & Thanos Papadopoulos & David Roubaud & Anand Prakash, 2018. "Impact of big data and predictive analytics capability on supply chain sustainability," Post-Print hal-02061341, HAL.
    9. Andreas Thöni & Alfred Taudes & A Min Tjoa, 2018. "An information system for assessing the likelihood of child labor in supplier locations leveraging Bayesian networks and text mining," Information Systems and e-Business Management, Springer, vol. 16(2), pages 443-476, May.
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