TITLE:
Supply Chain Management Analysis and Design for a Variety of Economic Scenarios, Including Data and System Administration
AUTHORS:
Rakibul Islam, Md Eahia Ansari, Md Abutaher Dewan, Sharmin Sultana, Mir Araf Hossain Rivin
KEYWORDS:
SCM, SCS, PLS, Supply Chain, Theory of Constraints (TOC), SAM
JOURNAL NAME:
Journal of Software Engineering and Applications,
Vol.17 No.10,
October
17,
2024
ABSTRACT: Due to the rapid progress of information technology, organizations anticipate significant changes in the planning, scheduling, and optimization aspects of operation and supply chain management (SCM) shortly. Two primary types of risk have an impact on supply chain management and design. The first group deals with the difficulties in matching supply and demand, whereas the second group deals with disruptions to regular business operations. The essay offers a theoretical framework that combines the cooperative efforts of risk assessment and mitigation, which are critical for effectively handling potential supply chain interruptions. This content provides insightful viewpoints on the strategic resources and operational structure needed to improve organizational success. We utilized the partial least squares (PLS) method to address the problem of multicollinearity and measurement mistakes in examining cause-and-effect constructs. The statistical method, Least Squares (PLS), used in structural equation modeling, is based on partial variance. The Partial Least Squares (PLS) strategy uses a two-stage estimate procedure to calculate weights, loadings, and route estimations. Initially, several simple and complex regressions were performed with the provided model. The procedure was repeated until a solution was found, resulting in a set of weights used to determine the latent variable scores. In the second step, non-iterative PLS regression yields loadings, path coefficients, mean scores, and location parameters. According to the structural study, implementing Sustainable Supply Chain Management (SSCM) can significantly improve a business’s operational and financial performance. The findings offer a comprehensive understanding of several elements of supply chain management (SSCM), including information systems, organizational configurations, supply chain network architecture (SCND), and supply chain strategy (SCS). The supply chain is essential for effectively moving goods over great distances and encouraging cooperation between parties. Therefore, these connections are established precisely, quickly, and cheaply via a knowledgeable and efficient supply chain. Two key components are necessary for a supply chain (SC) to be successful: efficient collaboration and the smooth integration of information-sharing platforms.