How does digital transformation promote supply chain diversification? From the perspective of supply chain transaction costs
Companies must implement digital transformation to achieve supply chain diversification with the current volatile economic conditions, which is crucial for their survival and as a fundamental measure to ensure industrial supply chain resilience and security. Based on A-listed companies, this paper s...
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2024
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my.upm.eprints.1127582024-11-14T02:26:37Z http://psasir.upm.edu.my/id/eprint/112758/ How does digital transformation promote supply chain diversification? From the perspective of supply chain transaction costs Cai, Junjie Sharkawi, Ismawati Taasim, Shairil Izwan Companies must implement digital transformation to achieve supply chain diversification with the current volatile economic conditions, which is crucial for their survival and as a fundamental measure to ensure industrial supply chain resilience and security. Based on A-listed companies, this paper systematically examines the impact of digital transformation on supply chain diversification, exploring the underlying mechanism of this effect from the transaction cost perspective. This paper reveals that digital transformation can significantly promote upstream suppliers, downstream customers, and the whole supply chain diversification. This impact operates mainly through the reduction effects of supply and demand coordination and inventory transportation costs. © 2024 Elsevier Ltd 2024 Article PeerReviewed text en cc_by_nc_4 http://psasir.upm.edu.my/id/eprint/112758/1/112758.pdf Cai, Junjie and Sharkawi, Ismawati and Taasim, Shairil Izwan (2024) How does digital transformation promote supply chain diversification? From the perspective of supply chain transaction costs. Finance Research Letters, 63. art. no. 105399. pp. 1-6. ISSN 1544-6123 https://www.sciencedirect.com/science/article/pii/S154461232400429X 10.1016/j.frl.2024.105399 |
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Companies must implement digital transformation to achieve supply chain diversification with the current volatile economic conditions, which is crucial for their survival and as a fundamental measure to ensure industrial supply chain resilience and security. Based on A-listed companies, this paper systematically examines the impact of digital transformation on supply chain diversification, exploring the underlying mechanism of this effect from the transaction cost perspective. This paper reveals that digital transformation can significantly promote upstream suppliers, downstream customers, and the whole supply chain diversification. This impact operates mainly through the reduction effects of supply and demand coordination and inventory transportation costs. © 2024 |
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Article |
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Cai, Junjie Sharkawi, Ismawati Taasim, Shairil Izwan |
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Cai, Junjie Sharkawi, Ismawati Taasim, Shairil Izwan How does digital transformation promote supply chain diversification? From the perspective of supply chain transaction costs |
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Cai, Junjie Sharkawi, Ismawati Taasim, Shairil Izwan |
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Cai, Junjie |
title |
How does digital transformation promote supply chain diversification? From the perspective of supply chain transaction costs |
title_short |
How does digital transformation promote supply chain diversification? From the perspective of supply chain transaction costs |
title_full |
How does digital transformation promote supply chain diversification? From the perspective of supply chain transaction costs |
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How does digital transformation promote supply chain diversification? From the perspective of supply chain transaction costs |
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How does digital transformation promote supply chain diversification? From the perspective of supply chain transaction costs |
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how does digital transformation promote supply chain diversification? from the perspective of supply chain transaction costs |
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Elsevier Ltd |
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2024 |
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http://psasir.upm.edu.my/id/eprint/112758/1/112758.pdf http://psasir.upm.edu.my/id/eprint/112758/ https://www.sciencedirect.com/science/article/pii/S154461232400429X |
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