Digital supply chain management: An Overview

Abstract

Many global supply chains are unequipped to cope with the world we are entering. For that reason, supply chain managers need to shift their attention from cutting costs to enabling new processes, and make corporations more connected and agile to create value across the enterprise. New digital technologies that are emerging everyday are on their way to disrupt nearly all the areas of traditional business processes. The key business priority of almost every industry will find itself in the centre of this upcoming digital era. The process of digitization affects almost everything in today's organizations, including supply chain management and puts huge pressure on organizations to change. Hence it is crucial for managers to understand the implication of digitization on their organization and employees. Current scenario emphasises on the importance of management of people and organization issues in digital transformations. The effect of digitization includes varied impacts on economy as a whole; create tremendous opportunities and challenges for businesses. In the current world of globalization digitization is not a choice but an imperative for all businesses across all industries. Manufacturing processes and work, business model, products and services are the main targets of digitization. The digital transformation enablers and framework discussed in this study-comprised of six techniques of Big data, Cloud services, Unique identification and display innovation, Robotics, Sensors and geolocation, and nanotech and 3D printing-can serve as enablers of digitization.