Supply Chain Efficiency and Risk Management in The Oil and Gas Industry

Abstract

This study examines the impact of digital transformation on supply chain efficiency and risk management in the oil and gas industry. By integrating technologies such as artificial intelligence, Internet of Things, and big data analytics, supply chains are becoming more efficient, transparent, and resilient. The findings indicate that digital transformation significantly improves operational performance, reduces costs, and enhances decision-making. However, it also introduces new risks, particularly related to cybersecurity and system dependency. The study concludes that sustainable supply chain performance requires a balanced integration of digital technologies and risk management strategies.

Topics

Identifiers

DOI

10.55640/jme-06-04-02

Citations and references