Digital Supply Chain Management

A digital supply chain (DSC) electronically delivers products from origin to destination. DSC helps increase responsiveness flexibility and agility. It uses new technologies to create a transparent secure and reliable supply chain management (SCM) system. These technologies enable the firms to achieve the customer’s dynamic needs on time. DSC benefits include cost-effective services and value-added operations which can be used by many ecosystem actors. The technologies under digital transformation such as the Industrial Internet of Things (IoT) and cyber-physical systems (CPS) help improve SC performance by bridging the gap between the digital and physical worlds. Industry 4.0 significantly changes SC behavior towards achieving smarter and more flexible processes driving automation and optimization measures resources efficiency and overall welfare of the staff and the society. These emerging new technologies and emerging digitalization trends have had a tremendous positive impact on SC processes.