IoT-Driven Enterprise Development and Supply Chain Risk Management in Healthcare Organizations

In fact, it’s difficult to manage supply chain risk in today’s health care landscape where demand is uncertain, when suppliers are interrupted, under regulatory constraints or make for an extremely complicated environment. The Internet of Things (IoT) has become a key digital enabler for enhancing visibility, coordination and risk-aware decision-making within healthcare supply chains. Nevertheless, the empirical knowledge concerning how IoT capabilities sup- port orchestrating efficient organizationlevel supply chain risk management is still scant, especially in focus to enterprise development. Empirical research is employed to explore the relationship between IoT capabilities, firm growth and supply chain risk management among healthcare organizations. The data were obtained by a structured questionnaire conducted among physicians, nurses and management staff of information system department, enterprise department and supplies chain department. The collected data were analyzed and hypotheses tested using Structural Equation Modeling. The findings show that IoT competence has a positive and significant impact on corporate development and healthcare supply chain risk management. In addition, there is a significant mediating effect of enterprise development that enhances healthcare organizations’ capability for exploring, controlling and responding to supply chain risks. The implication from these findings is that even though IoT technologies provide a boost to real-time monitoring and visibility, their value in addressing supply chain risks gets significantly augmented with the integration and maturity of organizational capabilities. This research makes contributions to the literature by empirically demonstrating IoT-based risk management in healthcare supply chains and pinpointing enterprise development as a key organizational solution for translating technological capabilities into resilient and risk-aware supply chain practices. The results provide the management insiders with practical guidance to better improve supply chain resilience through strategic adoption of IoT and organizational formation.