Cited by 8Big Data and Business IntelligenceImpact of AI and Big Data on Business and SocietyDigital Transformation in Industry

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Global Trends in Procurement and Supply Chain Analytics with Implications for Manufacturing Innovation

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Akin-Oluyomi, Olatunde Taiwo, Okoruwa, Precious Osobhalenewie, Babatope, Odunayo Mercy, Akokodaripon, David Adedayo·2025·International Journal of Multidisciplinary Research and Growth Evaluation

Abstract

The rapid digitalization of procurement and supply chain management has transformed how organizations coordinate, evaluate, and innovate within global manufacturing systems. The integration of analytics into procurement processes enables firms to enhance efficiency, transparency, and resilience, while simultaneously supporting the transition toward advanced manufacturing innovation. Recent global shifts including the proliferation of big data, artificial intelligence, blockchain, and Industry 4.0 technologies redefined how procurement is conducted, turning it into a strategic driver of value creation. This paper provides an in-depth literature-based review of global trends in procurement and supply chain analytics with a focus on their implications for manufacturing innovation. By synthesizing secondary research up to 2025, it explores the historical evolution, methodological developments, and emerging debates that define this rapidly changing field. The analysis underscores the growing significance of predictive and prescriptive analytics, the integration of sustainability considerations, the use of advanced digital platforms, and the move toward collaborative, data-sharing ecosystems. Particular attention is given to the implications for manufacturing innovation, including enhanced product design, agile production, risk resilience, and sustainable operations. The findings highlight the opportunities and challenges facing organizations as they adapt to a data-intensive procurement and supply chain landscape. This paper contributes to scholarly discourse and managerial practice by consolidating current knowledge, identifying critical gaps, and outlining directions for future research.

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Metadata

Authors
Akin-Oluyomi, O. T., Okoruwa, P. O., Babatope, O. M., & Akokodaripon, D. A.
Affiliations
Manufacturing Advocacy & Growth Network (United States) (US)
Venue
International Journal of Multidisciplinary Research and Growth Evaluation
Published
2025
Volume
6
Issue
5
Pages
964-974
ISSN
2582-7138 (ISSN-L)
OpenAlex
W4417180026
Cited by
6
References
0
Citations by year
2026: 1 · 2025: 5
FWCI
8.14
Type
journal article
Language
en
Open access
Licence
cc-by-nc-sa
Locations
International Journal of Multidisciplinary Research and Growth Evaluation (publishedVersion, cc-by-nc-sa)
Topics
  • Social Sciences › Business, Management and Accounting › Management Information Systems › Big Data and Business Intelligence
  • Social Sciences › Decision Sciences › Management Science and Operations Research › Impact of AI and Big Data on Business and Society
  • Physical Sciences › Engineering › Industrial and Manufacturing Engineering › Digital Transformation in Industry
Keywords
procurement analytics, supply chain analytics, manufacturing innovation, digitalization of procurement, predictive analytics, prescriptive analytics, sustainable procurement, Industry 4.0, blockchain, artificial intelligence, big data, supply chain resilience, agile manufacturing, sustainable operations, product design

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