Submitted:
19 June 2024
Posted:
20 June 2024
You are already at the latest version
Abstract
Keywords:
1. Introduction
2. Literature Review
3. Materials and Method
4. Results and Findings
| Key Findings | Description |
|---|---|
| Advanced Technologies (IoT, Big Data, Blockchain) | Technologies such as IoT sensors, big data analytics, and blockchain enhance supply chain visibility, predictive analytics, and real-time decision-making. This integration supports marketing effectiveness by providing insights into consumer behavior, optimizing inventory management, and enabling targeted marketing strategies. |
| Real-time Data Sharing | Real-time data sharing across the supply chain facilitates quicker response times to market demands, reducing lead times and improving product availability. |
| Predictive Analytics | Predictive analytics tools enable companies to forecast demand accurately, align production schedules with market needs, and optimize distribution channels, thereby enhancing customer satisfaction and operational efficiency. |
| Enhanced Customer Insights | Technologies enable deeper customer insights through data analytics, helping companies to personalize marketing strategies, improve customer engagement, and deliver superior customer experiences across various channels. |
| Key Findings | Description |
|---|---|
| Alignment of Supply Chain and Marketing Strategies | Strategic alignment ensures that supply chain decisions, such as inventory management and distribution channels, are closely coordinated with marketing initiatives like promotional campaigns and new product launches. This alignment optimizes resource allocation, minimizes stockouts, and maximizes the impact of marketing investments. |
| Joint Planning Processes | Collaborative planning processes between supply chain and marketing teams enable the development of integrated strategies based on market insights and customer feedback. |
| Synergistic Outcomes | Effective alignment results in synergistic outcomes where supply chain capabilities support marketing objectives, enhancing competitive advantage and market success. |
| Key Findings | Description |
|---|---|
| Co-innovation Efforts | Collaborative innovation efforts with supply chain partners drive product development, process improvements, and the introduction of new technologies. These efforts accelerate time-to-market and enhance product differentiation, supporting marketing effectiveness through enhanced product offerings and customer value propositions. |
| Creativity and Market Responsiveness | Collaboration fosters creativity and responsiveness to market trends and consumer preferences, enabling companies to introduce innovative solutions that resonate with customers and strengthen brand equity. |
| Competitive Advantage | Companies leveraging collaborative innovation gain a competitive edge by anticipating market changes and delivering innovative products and services that meet evolving customer needs. |
| Key Findings | Description |
|---|---|
| Risk Mitigation Strategies | Resilient supply chains mitigate risks associated with disruptions, ensuring continuity of supply and service levels during crises. |
| Enhanced Customer Satisfaction | Supply chain resilience safeguards customer satisfaction by minimizing the impact of disruptions on product availability and service delivery. |
| Brand Reputation | Maintaining supply chain resilience protects brand reputation and customer loyalty during challenging times, enhancing marketing effectiveness through sustained customer trust and satisfaction. |
| Agility and Adaptability | Resilient supply chains exhibit agility and adaptability, allowing companies to respond quickly to changing market conditions and customer demands. |
5. Discussion
6. Conclusion
References
- Agnihotri, R., Dingus, R., Hu, M. Y., & Krush, M. T. (2016). Social media: Influencing customer satisfaction in B2B sales. Industrial Marketing Management, 54, 88-99. [CrossRef]
- Aksoy, L., Cooil, B., Groening, C., Keiningham, T. L., & Yalcin, A. (2013). The long-term stock market valuation of customer satisfaction. Journal of Marketing, 77(4), 92-108.
- Anderson, E., & Weitz, B. (1989). Determinants of continuity in conventional industrial channel dyads. Marketing Science, 8(4), 310-323. [CrossRef]
- Bowersox, D. J., Closs, D. J., & Stank, T. P. (2000). 21st century logistics: Making supply chain integration a reality. Council of Logistics Management.
- Cao, M., & Zhang, Q. (2011). Supply chain collaboration: Impact on collaborative advantage and firm performance. Journal of Operations Management, 29(3), 163-180. [CrossRef]
- Carter, C. R., & Rogers, D. S. (2008). A framework of sustainable supply chain management: Moving toward new theory. International Journal of Physical Distribution & Logistics Management, 38(5), 360-387. [CrossRef]
- Chen, I. J., & Paulraj, A. (2004). Towards a theory of supply chain management: The constructs and measurements. Journal of Operations Management, 22(2), 119-150. [CrossRef]
- Chopra, S., & Meindl, P. (2007). Supply chain management: Strategy, planning, and operation (3rd ed.). Pearson Prentice Hall.
- Chopra, S., & Meindl, P. (2016). Supply chain management: Strategy, planning, and operation (6th ed.). Pearson.
- Christopher, M. (2016). Logistics & supply chain management (5th ed.). Pearson.
- Christopher, M. (2016). Logistics & supply chain management (5th ed.). Pearson Education.
- Craighead, C. W., Blackhurst, J., Rungtusanatham, M. J., & Handfield, R. B. (2007). The severity of supply chain disruptions: Design characteristics and mitigation capabilities. Decision Sciences, 38(1), 131-156. [CrossRef]
- Deloitte. (2013). Supply chain resilience: A risk intelligent approach to managing global supply chains. Deloitte Development LLC. https://www2.deloitte.com/us/en/insights/deloitte-review/issue-13/supply-chain-resilience.
- Emon, M.M.H., & Khan, T. (2023). The Impact of Cultural Norms on Sustainable Entrepreneurship Practices in SMEs of Bangladesh. Indonesian Journal of Innovation and Applied Sciences (IJIAS), 3(3), 201–209.
- Doney, P. M., & Cannon, J. P. (1997). An examination of the nature of trust in buyer-seller relationships. Journal of Marketing, 61(2), 35-51. [CrossRef]
- Dyer, J. H., & Singh, H. (1998). The relational view: Cooperative strategy and sources of interorganizational competitive advantage. Academy of Management Review, 23(4), 660-679. [CrossRef]
- Ellram, L. M., Tate, W. L., & Billington, C. (2004). Understanding and managing the services supply chain. Journal of Supply Chain Management, 40(4), 17-32.
- Flynn, B. B., Huo, B., & Zhao, X. (2010). The impact of supply chain integration on performance: A contingency and configuration approach. Journal of Operations Management, 28(1), 58-71. [CrossRef]
- Fynes, B., de Burca, S., & Voss, C. (2005). The impact of supply chain relationship quality on quality performance. International Journal of Production Economics, 96(3), 339-354. [CrossRef]
- Ganesan, S. (1994). Determinants of long-term orientation in buyer-seller relationships. Journal of Marketing, 58(2), 1-19. [CrossRef]
- Giunipero, L. C., Hooker, R. E., & Denslow, D. (2019). Purchasing & supply management. South-Western Cengage Learning.
- Emon, M. M. H., Khan, T., Rahman, M. A., Bukari, Z., & Chowdhury, M. S. A. (2024). Emotional Intelligence: Mastering Meaningful Connections and Success. Notion Press.
- Khan, T., Rahman, S. M., & Hasan, M. M. (2020). Barriers to Growth of Renewable Energy Technology in Bangladesh. Proceedings of the International Conference on Computing Advancements, 1–6. [CrossRef]
- Emon, M. H. (2023). A systematic review of the causes and consequences of price hikes in Bangladesh. Review of Business and Economics Studies, 11(2), 49-58.
- Khan, T., Khanam, S. N., Rahman, M. H., & Rahman, S. M. (2019). Determinants of microfinance facility for installing solar home system (SHS) in rural Bangladesh. Energy Policy, 132, 299–308. [CrossRef]
- Handfield, R. B., & Nichols, E. L. (1999). Introduction to supply chain management. Prentice Hall.
- Homburg, C., Jozić, D., & Kuehnl, C. (2015). Customer experience management: Toward implementing an evolving marketing concept. Journal of the Academy of Marketing Science, 45(3), 377-401. [CrossRef]
- Ivanov, D., & Sokolov, B. (2019). The impact of digital technology and Industry 4.0 on the ripple effect and supply chain risk analytics. International Journal of Production Research, 57(3), 829-846.
- Jayaram, J., Tan, K. C., & Nachiappan, S. (2017). Supply chain integration with third-party logistics providers and performance outcomes: The role of logistics capability. International Journal of Production Economics, 187, 35-52. [CrossRef]
- Johnston, D. A., & McCutcheon, D. M. (2004). Supply chain integration and time-based competition: A management framework. Journal of Operations Management, 22(6), 613-632. [CrossRef]
- Kahn, K. B., Maltz, E. N., & Mentzer, J. T. (2006). Demand collaboration: Effects on knowledge creation, relationships, and supply chain performance. Journal of Business Logistics, 27(2), 191-221. [CrossRef]
- Kannan, V. R., & Tan, K. C. (2005). Supplier selection and assessment: Their impact on business performance. Journal of Supply Chain Management, 41(2), 23-33.
- Emon, M.H., & Nipa, M.N. (2024). Exploring the Gender Dimension in Entrepreneurship Development: A Systematic Literature Review in the Context of Bangladesh. Westcliff International Journal of Applied Research, 8(1), 34–49.
- Lambert, D. M., & Cooper, M. C. (2000). Issues in supply chain management. Industrial Marketing Management, 29(1), 65-83. [CrossRef]
- Lee, H. L., & Whang, S. (2000). Information sharing in a supply chain. International Journal of Manufacturing Technology Management, 1(1), 11-18.
- Li, S., Ragu-Nathan, B., Ragu-Nathan, T. S., & Rao, S. S. (2006). The impact of supply chain management practices on competitive advantage and organizational performance. Omega, 34(2), 107-124. [CrossRef]
- Lindgreen, A., Hingley, M. K., Grant, D. B., & Morgan, R. E. (2012). Value in business and industrial marketing: Past, present, and future. Industrial Marketing Management, 41(1), 207-214.
- Emon, M.M.H., Khan, T., & Siam, S.A.J. (2024). Quantifying the influence of supplier relationship management and supply chain performance: an investigation of Bangladesh’s manufacturing and service sectors. Brazilian Journal of Operations & Production Management, 21(2), 2015. [CrossRef]
- Mentzer, J. T., DeWitt, W., Keebler, J. S., Min, S., Nix, N. W., Smith, C. D., & Zacharia, Z. G. (2001). Defining supply chain management. Journal of Business Logistics, 22(2), 1-25. [CrossRef]
- Mentzer, J. T., Min, S., & Zacharia, Z. G. (2001). The nature of interfirm partnering in supply chain management. Journal of Retailing, 76(4), 549-568. [CrossRef]
- Monczka, R. M., Handfield, R. B., Giunipero, L. C., & Patterson, J. L. (2015). Purchasing and supply chain management (6th ed.). Cengage Learning.
- Narasimhan, R., & Kim, S. W. (2002). Information system utilization strategies for supplier-buyer coordination. Journal of Operations Management, 20(2), 157-175.
- Pagell, M., & Wu, Z. (2009). Building a more complete theory of sustainable supply chain management using case studies of 10 exemplars. Journal of Supply Chain Management, 45(2), 37-56. [CrossRef]
- Pfohl, H. C., & Gomm, M. (2009). Measuring the benefits of horizontal collaboration in logistics. International Journal of Physical Distribution & Logistics Management, 39(4), 343-360.
- Porter, M. E.(1985). Competitive advantage: Creating and sustaining superior performance. Free Press.
- Porter, M. E. (1985). Competitive advantage: Creating and sustaining superior performance. Free Press.
- Rahman, M. A. , Khan, T., Emon, M. M. H., Bukari, Z., & Nath, A. (2024). The New Marketing Paradigm: From Traditional to Digital. In Notion Press.
- Ramanathan, U., & Gunasekaran, A. (2014). Supply chain collaboration: Impact of success in long-term partnerships. International Journal of Production Economics, 147, 252-259. [CrossRef]
- Simatupang, T. M., & Sridharan, R. (2002). The collaborative supply chain. The International Journal of Logistics Management, 13(1), 15-30.
- Simatupang, T. M., & Sridharan, R. (2005). The collaboration index: A measure for supply chain collaboration. International Journal of Physical Distribution & Logistics Management, 35(1), 44-62. [CrossRef]
- Stock, J. R., & Boyer, S. L. (2009). Developing a consensus definition of supply chain management: A qualitative study. International Journal of Physical Distribution & Logistics Management, 39(8), 690-711.
- Tang, C. S. (2006). Perspectives in supply chain risk management. International Journal of Production Economics, 103(2), 451-488. [CrossRef]
Disclaimer/Publisher’s Note: The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of MDPI and/or the editor(s). MDPI and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content. |
© 2024 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (http://creativecommons.org/licenses/by/4.0/).