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Advancing supply chain management from agility to hyperagility: a dynamic capability view.

Alok Raj1, Varun Sharma2, Dhirendra Mani Shukla3

  • 1Department of Production, Operations and Decision Sciences, XLRI Xavier School of Management, Jamshedpur, India.

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|January 9, 2023
PubMed
Summary

Organizations need hyperagile supply chains (SCH) to manage disruptions. Key factors like data analytics and market orientation significantly enhance SCH, enabling businesses to thrive in volatile environments.

Keywords:
Covid-19Data analytical capabilitiesHyperagilityOrientationSupply chain agilitySupply chain integration

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Area of Science:

  • Operations and Supply Chain Management
  • Business Strategy
  • Organizational Capabilities

Background:

  • Global supply chain disruptions, exemplified by the COVID-19 pandemic, highlighted the inadequacy of traditional agility.
  • Organizations require enhanced responsiveness to survive and compete amid unpredictable events.
  • The concept of supply chain hyperagility (SCH) is introduced as a critical capability for managing extreme demand shocks.

Purpose of the Study:

  • To advance the concept of supply chain hyperagility (SCH) from a dynamic capability perspective.
  • To operationalize and investigate the antecedents of SCH for the first time.
  • To provide practical insights for managers on building hyperagile supply chains.

Main Methods:

  • Conceptualization of supply chain hyperagility (SCH) based on dynamic capabilities theory.
  • Operationalization of the SCH construct.
  • Empirical investigation of SCH antecedents using structural equation modeling.

Main Results:

  • Data analytical capabilities significantly shape supply chain hyperagility (SCH).
  • Market orientation, entrepreneurial orientation, and supply chain integration are identified as key antecedents of SCH.
  • These factors collectively enable organizations to manage demand shocks at extreme speeds.

Conclusions:

  • Supply chain hyperagility (SCH) is a crucial, organization-specific capability for navigating volatile environments.
  • Managers can foster SCH by developing data analytics, market responsiveness, and integrated supply chains.
  • Building hyperagile supply chains allows organizations to exploit opportunities during disruptions.