{"title":"Does digital transformation promote supply chain efficiency? Evidence from China","authors":"Yuanyuan Liu, Guodong Chi","doi":"10.1002/mde.4343","DOIUrl":null,"url":null,"abstract":"<p>With the deepening of industrial division of labor, supply chain efficiency has become a critical driver of companies' core competitiveness. Using a sample of Chinese A-share listed companies from 2007 to 2023, this paper empirically investigates the impact of digital transformation on supply chain efficiency. We find that firms with a higher degree of digital transformation are associated with higher supply chain efficiency. Mechanism tests show that digital transformation facilitates supply chain efficiency via lower customer demand uncertainty as well as raw material disruption risk. The positive effect of digital transformation is more pronounced for non-state-owned enterprises and for firms with less stable customers and more geographically dispersed suppliers. Moreover, there is much degree prompt in supply chain efficiency for firms located in a better digital environment. This paper sheds light on how digital transformation influences supply chain efficiency and provides significant insights for firms to improve supply chain efficiency.</p>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"45 8","pages":"5562-5576"},"PeriodicalIF":2.7000,"publicationDate":"2024-08-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Managerial and Decision Economics","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/mde.4343","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
With the deepening of industrial division of labor, supply chain efficiency has become a critical driver of companies' core competitiveness. Using a sample of Chinese A-share listed companies from 2007 to 2023, this paper empirically investigates the impact of digital transformation on supply chain efficiency. We find that firms with a higher degree of digital transformation are associated with higher supply chain efficiency. Mechanism tests show that digital transformation facilitates supply chain efficiency via lower customer demand uncertainty as well as raw material disruption risk. The positive effect of digital transformation is more pronounced for non-state-owned enterprises and for firms with less stable customers and more geographically dispersed suppliers. Moreover, there is much degree prompt in supply chain efficiency for firms located in a better digital environment. This paper sheds light on how digital transformation influences supply chain efficiency and provides significant insights for firms to improve supply chain efficiency.
期刊介绍：
Managerial and Decision Economics will publish articles applying economic reasoning to managerial decision-making and management strategy.Management strategy concerns practical decisions that managers face about how to compete, how to succeed, and how to organize to achieve their goals. Economic thinking and analysis provides a critical foundation for strategic decision-making across a variety of dimensions. For example, economic insights may help in determining which activities to outsource and which to perfom internally. They can help unravel questions regarding what drives performance differences among firms and what allows these differences to persist. They can contribute to an appreciation of how industries, organizations, and capabilities evolve.
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