Review Article | | Peer-Reviewed

Supply Chain Analytics, Definitions, Characteristics and Applications: A Systematic Literature Review

Received: 11 August 2024     Accepted: 2 September 2024     Published: 26 November 2024
Views:       Downloads:
Abstract

While there is a high uptake of BDA in the realm of supply chain management, in the view of automation supply chains and improving their value proposition by providing more accurate data for demand forecasting. There are material knowledge gaps on the SC-specific analytics applied to match demand, albeit the existing knowledge could be more amorphous. From this backdrop, the study endeavored to analyze extant literature within the ambit of BDA to unpack the current trends and possible future research directions to foster the application of BDA in SC contexts. The study adopted a systematic literature review of the extant literature published between 2014-2023. The study adopted the five-stage iterative procedure used in the systematic review methodology. The review's findings depict extensive use of big data analytics in matching demand and supply and supply chain optimization. The findings of this study adduce almost non-rebuttable evidence that big data analytics can be applied in procurement, inventory control, logistics, and order processing. Under the auspices of BDA is the SCA. Arguably, extant research has demonstrated the capability of SCA in mitigating contemporary SC risks such as mismatches between demand and supply, sub-optimal SCs, and underutilization of the supply chain infrastructures at the cusps of various echelons.

Published in European Business & Management (Volume 10, Issue 5)
DOI 10.11648/j.ebm.20241005.11
Page(s) 76-84
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Supply Chain, Big Data Analytics, Supply Chain Analytics, Systematic Literature Review

References
[1] Arya, V., Sharma, P., Singh, A., & De Silva, P. T. M. (2017). An exploratory study on supply chain analytics applied to spare parts supply chain. Benchmarking: An International Journal, 24(6), 1571–1580.
[2] Awwad, M., Kulkarni, P., Bapna, R., & Marathe, (2018). A. Big Data Analytics in Supply Chain: A Literature Review. Proceedings of the International Conference on Industrial Engineering and Operations Management Washington DC, USA, September 27-29, 2018.
[3] Brinch, M., Stentoft, J., & Jensen, J. K. (2017, January). Big data and its applications in Supply Chain Management: findings from a Delphi Study. In Proceedings of the 50th Hawaii International Conference on System Sciences.
[4] Chae, B., Olson, D., & Sheu, C. (2014). The impact of supply chain analytics on operational performance: a resource-based view. International Journal of Production Research, 52(16), 4695–4710.
[5] Hadi, H. J., Shnain, A. H., Hadishaheed, S., & Ahmad, A. H. (2014). Big data and five's characteristics. In IRF International Conference.
[6] Fosso Wamba, S., & Akter, S. (2019). I understand supply chain analytics capabilities and agility for data-rich environments. International Journal of Operations & Production Management, 39(6/7/8), 887-912.
[7] Ittmann, H. W. (2015). The impact of big data and business analytics on supply chain management. Journal of Transport and Supply Chain Management, 9(1), 1-9.
[8] Kapil, G., Agrawal, A., & Khan, R. A. (2016, October). A study of big data characteristics. In 2016 International Conference on Communication and Electronics Systems (ICCES) (pp. 1-4). IEEE.
[9] Laney, D. B. (2017). Infonomics: how to monetize, manage, and measure information as an asset for competitive advantage. Routledge.
[10] Marabotti, D. (2003). Build supplier metrics and build better products. Quality, 42(2), 40.
[11] Martin, F., Sánchez-Hernández, S., Gutiérrez-Guerrero, A., Pinedo-Gomez, J., & Benabdellah, K. (2016). An overview of biased and unbiased methods for detecting off-target cleavage by CRISPR/Cas9. International journal of molecular sciences, 17(9), 1507.
[12] O'Dwyer, J., & Renner, R. (2011). The promise of advanced supply chain analytics. Supply Chain Management Review, 15(1).
[13] Ogbuke, N. J., Yusuf, Y. Y., Dharma, K., & Mercangoz, B. A. (2022). Big data supply chain analytics: ethical, privacy and security challenges posed to business, industries, and society. Production Planning & Control, 33(2-3), 123-137.
[14] Osobajo, O. A., Oke, A., Omotayo, T. and Obi, L. I. (2022), "A systematic review of circular economy research in the construction industry," Smart and Sustainable Built Environment, 11(1), pp. 39-64.
[15] Pearson, P. D., Valencia, S. W., & Wixson, K. (2014). Complicating the world of reading assessment: Toward better assessments for better teaching. Theory into practice, 53(3), 236-246.
[16] Pelz, M. (2019). Can management accounting be helpful for young and small companies? A systematic review of a paradox. International Journal of Management Reviews, 21(2), 256-274.
[17] Saunders, C. S., Liu, G., Yu, Y., & Zhu, W. (2016). Data-driven distributed analytics and control platform for smart grid situational awareness. CSEE Journal of Power and Energy Systems, 2(3), 51-58.
[18] Shamout, M. D. (2019). Does supply chain analytics enhance supply chain innovation and robustness capability? Organizacija, 52(2), 95-106.
[19] Souza, G. C. (2014). Supply chain analytics. Business Horizons, 57(5), 595-605.
[20] Srinivasan, R., & Swink, M. (2018). An investigation of visibility and flexibility as complements to supply chain analytics: An organizational information processing theory perspective. Production and Operations Management, 27(10), 1849-1867.
[21] Thanintorn, N., Wang, J., Ersoy, I., Al-Taie, Z., Jiang, Y., Wang, D., & Shin, D. (2016). RDF sketch maps-knowledge complexity reduction for precision medicine analytics. In Biocomputing 2016: Proceedings of the Pacific Symposium (pp. 417-428).
[22] Ülkü, M. A., & Engau, A. (2021). Sustainable supply chain analytics. Industry, innovation and infrastructure, 1123-1134.
[23] Waller, M. A., & Fawcett, S. E. (2013). Big data, predictive analytics, and theory development in the maker movement supply chain era. Journal of Business Logistics, 34(4), 249–252.
[24] Waller, M. A., & Fawcett, S. E. (2013). Data science, predictive analytics, and big data: a revolution that will transform supply chain design and management. Journal of Business Logistics, 34(2), 77–84.
[25] Xiao, Y., & Watson, M. (2019). Guidance on Conducting a Systematic Literature Review. Journal of Planning Education and Research, 39(1), 93-112.
[26] XSNET. (2017). Updated for 2017: The V's of Big Data: Velocity, Volume, Value, Variety, and Veracity.
[27] Zhu, S., Song, J., Hazen, B. T., Lee, K., & Cegielski, C. (2018). How supply chain analytics enables operational supply chain transparency: An organizational information processing theory perspective. International Journal of Physical Distribution & Logistics Management, 48(1), 47-68.
Cite This Article
  • APA Style

    Wairimu, D. M. (2024). Supply Chain Analytics, Definitions, Characteristics and Applications: A Systematic Literature Review. European Business & Management, 10(5), 76-84. https://doi.org/10.11648/j.ebm.20241005.11

    Copy | Download

    ACS Style

    Wairimu, D. M. Supply Chain Analytics, Definitions, Characteristics and Applications: A Systematic Literature Review. Eur. Bus. Manag. 2024, 10(5), 76-84. doi: 10.11648/j.ebm.20241005.11

    Copy | Download

    AMA Style

    Wairimu DM. Supply Chain Analytics, Definitions, Characteristics and Applications: A Systematic Literature Review. Eur Bus Manag. 2024;10(5):76-84. doi: 10.11648/j.ebm.20241005.11

    Copy | Download

  • @article{10.11648/j.ebm.20241005.11,
      author = {Desmond Mwangi Wairimu},
      title = {Supply Chain Analytics, Definitions, Characteristics and Applications: A Systematic Literature Review
    },
      journal = {European Business & Management},
      volume = {10},
      number = {5},
      pages = {76-84},
      doi = {10.11648/j.ebm.20241005.11},
      url = {https://doi.org/10.11648/j.ebm.20241005.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ebm.20241005.11},
      abstract = {While there is a high uptake of BDA in the realm of supply chain management, in the view of automation supply chains and improving their value proposition by providing more accurate data for demand forecasting. There are material knowledge gaps on the SC-specific analytics applied to match demand, albeit the existing knowledge could be more amorphous. From this backdrop, the study endeavored to analyze extant literature within the ambit of BDA to unpack the current trends and possible future research directions to foster the application of BDA in SC contexts. The study adopted a systematic literature review of the extant literature published between 2014-2023. The study adopted the five-stage iterative procedure used in the systematic review methodology. The review's findings depict extensive use of big data analytics in matching demand and supply and supply chain optimization. The findings of this study adduce almost non-rebuttable evidence that big data analytics can be applied in procurement, inventory control, logistics, and order processing. Under the auspices of BDA is the SCA. Arguably, extant research has demonstrated the capability of SCA in mitigating contemporary SC risks such as mismatches between demand and supply, sub-optimal SCs, and underutilization of the supply chain infrastructures at the cusps of various echelons.
    },
     year = {2024}
    }
    

    Copy | Download

  • TY  - JOUR
    T1  - Supply Chain Analytics, Definitions, Characteristics and Applications: A Systematic Literature Review
    
    AU  - Desmond Mwangi Wairimu
    Y1  - 2024/11/26
    PY  - 2024
    N1  - https://doi.org/10.11648/j.ebm.20241005.11
    DO  - 10.11648/j.ebm.20241005.11
    T2  - European Business & Management
    JF  - European Business & Management
    JO  - European Business & Management
    SP  - 76
    EP  - 84
    PB  - Science Publishing Group
    SN  - 2575-5811
    UR  - https://doi.org/10.11648/j.ebm.20241005.11
    AB  - While there is a high uptake of BDA in the realm of supply chain management, in the view of automation supply chains and improving their value proposition by providing more accurate data for demand forecasting. There are material knowledge gaps on the SC-specific analytics applied to match demand, albeit the existing knowledge could be more amorphous. From this backdrop, the study endeavored to analyze extant literature within the ambit of BDA to unpack the current trends and possible future research directions to foster the application of BDA in SC contexts. The study adopted a systematic literature review of the extant literature published between 2014-2023. The study adopted the five-stage iterative procedure used in the systematic review methodology. The review's findings depict extensive use of big data analytics in matching demand and supply and supply chain optimization. The findings of this study adduce almost non-rebuttable evidence that big data analytics can be applied in procurement, inventory control, logistics, and order processing. Under the auspices of BDA is the SCA. Arguably, extant research has demonstrated the capability of SCA in mitigating contemporary SC risks such as mismatches between demand and supply, sub-optimal SCs, and underutilization of the supply chain infrastructures at the cusps of various echelons.
    
    VL  - 10
    IS  - 5
    ER  - 

    Copy | Download

Author Information
  • Sections