E ISSN: 2583-049X
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International Journal of Advanced Multidisciplinary Research and Studies

Volume 4, Issue 6, 2024

Review of Advances in Procurement Strategy, ERP Adoption, and Logistics Performance



Author(s): Chineme Scholar Okonkwo, Jibril Agbabiaka, Winner Mayo, Obinna ThankGod Okeke

Abstract:

Efficient supply chain management is critical to organizational performance, competitiveness, and operational resilience. Procurement strategy, Enterprise Resource Planning (ERP) adoption, and logistics performance are key pillars of modern supply chains, and their integration increasingly determines organizational effectiveness. This examines recent advances in strategic procurement, ERP systems, and logistics performance management, emphasizing their interlinkages, technological enablers, and practical implications across diverse sectors. Advances in procurement strategy have shifted from transactional and cost-focused approaches to strategic and collaborative frameworks that emphasize supplier relationship management, risk mitigation, and sustainability. Modern procurement practices leverage digital tools and data analytics to enhance decision-making, optimize supplier selection, and improve responsiveness to market dynamics. Risk-aware and sustainability-oriented procurement approaches ensure continuity of supply while aligning operations with organizational and environmental objectives. ERP adoption has emerged as a critical enabler of integrated supply chain management. ERP systems facilitate real-time visibility, process standardization, and coordinated operations across procurement, inventory, and logistics functions. Trends in ERP adoption highlight increasing integration with cloud computing, Internet of Things (IoT) devices, and artificial intelligence (AI) technologies, allowing predictive analytics, automated workflows, and data-driven decision-making. Despite the benefits, challenges remain, including high implementation costs, organizational resistance, and system complexity, which require careful change management and strategic planning. Logistics performance management has evolved with advances in planning, monitoring, and optimization tools. Key performance indicators such as delivery reliability, inventory turnover, and cost efficiency are increasingly monitored using ERP-enabled dashboards and predictive analytics. Innovations in route optimization, automated scheduling, and predictive maintenance enhance operational efficiency and resilience. Sustainability and responsiveness are also central to modern logistics performance, reflecting the broader emphasis on environmental and strategic imperatives. This identifies strong interlinkages between procurement strategy, ERP adoption, and logistics performance, demonstrating that strategic procurement drives ERP-enabled process optimization, while ERP systems integrate and coordinate logistics and supply chain data to enhance decision-making. Opportunities for future research include leveraging AI, predictive analytics, and cloud-based solutions to further improve supply chain integration, efficiency, and resilience.


Keywords: Procurement Strategy, ERP Adoption, Supply Chain Integration, Logistics Performance, Predictive Analytics, Digital Supply Chain, Operational Efficiency, Sustainability, Resilience, Technology-Enabled Governance

Pages: 2827-2835

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