Authors :
Md Tamzid Hossain Rifat; K. M. Tohid Hossain; Md Naimul Hider Rimu
Volume/Issue :
Volume 10 - 2025, Issue 10 - October
Google Scholar :
https://tinyurl.com/3vmm8rsx
Scribd :
https://tinyurl.com/bde3psxb
DOI :
https://doi.org/10.38124/ijisrt/25oct425
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Abstract :
This paper addresses the fundamental role of risk data in transforming risk management in the aerospace
supply chain through the integration of block chain, Internet of Things, and predictive analytics. Using a mixed-methods
approach consisting of surveys, systematic literature review, statistical modeling, and case study research, the impact of
these technologies on improved supply chain resilience, transparency, and operational efficiency was examined. The results
show that block chain technology can significantly improve their traceability and compliance, IoT-based monitoring can
greatly optimize their real-time operational performance, and predictive analytics can provide effective risk mitigation
strategies, especially when facing supplier disruption and geopolitical risks. The System of Systems (SoS) perspective was
adopted to highlight the need for an integrated risk management approach, in light of the interconnections inherent in
complex supply chains. Real-life application and usefulness of these technologies can be visualized in a few case studies on
aerospace industry giants Boeing, Airbus, Rolls-Royce and GE Aviation. The research also highlights the importance of
vigilance and adaptability in addressing the ever- changing landscape of supply chain vulnerabilities. Last but not least, it
emphasizes the necessity for aerospace companies to embrace these innovations to safeguard the continued operation and
resilience of their supply chains and the adaptation of their competitive scene to a more fluid and risk-alert environment in
the forthcoming.
References :
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- Brunton, S.L., Kutz, J.N., Manohar, K., & Aravkin, A.Y. (2021). Data-driven aerospace engineering: reframing the industry with machine learning. AIAA Journal.
This paper addresses the fundamental role of risk data in transforming risk management in the aerospace
supply chain through the integration of block chain, Internet of Things, and predictive analytics. Using a mixed-methods
approach consisting of surveys, systematic literature review, statistical modeling, and case study research, the impact of
these technologies on improved supply chain resilience, transparency, and operational efficiency was examined. The results
show that block chain technology can significantly improve their traceability and compliance, IoT-based monitoring can
greatly optimize their real-time operational performance, and predictive analytics can provide effective risk mitigation
strategies, especially when facing supplier disruption and geopolitical risks. The System of Systems (SoS) perspective was
adopted to highlight the need for an integrated risk management approach, in light of the interconnections inherent in
complex supply chains. Real-life application and usefulness of these technologies can be visualized in a few case studies on
aerospace industry giants Boeing, Airbus, Rolls-Royce and GE Aviation. The research also highlights the importance of
vigilance and adaptability in addressing the ever- changing landscape of supply chain vulnerabilities. Last but not least, it
emphasizes the necessity for aerospace companies to embrace these innovations to safeguard the continued operation and
resilience of their supply chains and the adaptation of their competitive scene to a more fluid and risk-alert environment in
the forthcoming.