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Innovation in Supply Chains
Abstract
This chapter examines the literature on innovation in supply chain management as a key driver for enhancing operational efficiency, achieving resilience, and building a sustainable competitive advantage in the contemporary business environment. It explores the various dimensions of innovation in supply chain management and highlights the growing role of modern digital technologies such as the Internet of Things (IoT), artificial intelligence (AI), cloud computing, blockchain, and digital twins in improving overall supply chain visibility, supporting data-driven decision-making, and enhancing predictive capabilities and risk management. The chapter also discusses the impact of innovation on achieving sustainability and resilience, particularly in the context of global crises and disruptions. It concludes that innovation in supply chain management is a strategic imperative for organizational success in the modern era.
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