Digital Transformation and the Resilience of Enterprise Supply Chain:Evidence from Chinese Listed Companies and Suppliers
Enhancing supply chain resilience is key to developing a modern industrial system and building the new development paradigm.Based on the data of Chinese listed companies and suppliers from 2007 to 2019,this paper investigates the impact of enterprise digital transformation on supply chain resilience from the perspectives of supplier allocation and inventory.This paper shows that firm digital transformation is conducive to reducing supplier concentration,increasing enterprise inventory,diversified suppliers and sufficient reserves are conducive to resisting the risk of supply chain disruption and shaping supply chain resilience.Mechanism studies show that enter-prise digital transformation enhances supply chain resilience by increasing the enterprise's ability to control external resources and improving the enterprise's ability to integrate internal resources.Het-erogeneity analysis finds that artificial intelligence technology and cloud computing technology plays the most obvious role in enhancing supply chain resilience;digital transformation is more effective in creating supply chain resilience in regions with high external transaction costs;at the same time,the chain-stabilizing effect of digitization is more often reflected in firms facing high external infor-mation constraints.Further research concludes that firm digital transformation is conducive to prompting the diversification of imported supply chains and diversifying imported supply chain risks,but the chain-stabilizing effect of digital transformation is also less effective for products with high import dependence.The conclusions provide theoretical basis and empirical evidence for pro-moting digital technology to secure the industrial chain and supply chain.
Firm Digital TransformationSupply Chain ResilienceImported Supply Chains