THE INFLUENCE OF DIGITAL TRANSFORMATION ON SUPPLY CHAIN MANAGEMENT
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- NGN 3000
THE INFLUENCE OF DIGITAL TRANSFORMATION ON SUPPLY CHAIN MANAGEMENT
The study aims to: (1) analyze the impact of digital transformation on supply chain management, (2) identify key digital tools that enhance supply chain efficiency, and (3) evaluate the challenges and benefits of digital supply chain initiatives. A survey design was selected to capture data from supply chain professionals. The sample size, derived using Taro Yamane's formula, included 380 respondents from logistics companies in Lagos, ensuring relevance to supply chain processes. The logistics sector was chosen due to its critical role in supply chain management. The reliability coefficient score of the survey was 0.87. Results show that digital transformation significantly improves supply chain visibility, efficiency, and responsiveness, though challenges such as data integration and system interoperability remain. Recommendations include investing in integrated supply chain technologies, fostering collaboration among supply chain partners, and continuously monitoring supply chain performance to optimize efficiency.
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