Digital Supply Chain: Looking Into the Future

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MAGAZINE №2 (79) April 2017

AUTHORS  

SERGEEV V.I.

DUTIKOV I.M. - postgraduate, National Research University Higher School of Economics (Moscow, Russia)

 

CATEGORY Analytics and reviews Information technologies in logistics and SCM Modern concepts and technologies in logistics and SCM

ABSTRACT

In recent years, the number of articles and studies about digital supply chain management (Digital SCM) has increased. It is associated with the development of digital technologies that transforms business processes in supply chains, and new area of economic activity – the digital economy. The aim of this work is to provide a comprehensive study and description of the main trends, characteristics, practices, benefits and future possibilities in the development of Digital supply chain management. The method of the paper is the theoretical analysis of the works on logistics and supply chain management as well as analytical articles and reviews on the digital technologies use in SCM and their impact on logistics processes and the effectiveness of the supply chain management. To illustrate the effectiveness and future possibilities of applying Digital supply chain management, the study will also present practical examples of implementation and use of various digital technologies: Big Data, IoT (Internet of Things), Cloud services, etc. The digital supply chain management meets modern trends of business development and information technology, which will allow companies to gain new competitive advantages (cost, service and order fulfillment time). The application of these solutions increases the level of cooperation and transparency (visibility) in the supply chain. It creates a base on which modern logistics technologies and strategies such as CPFR, SandOP, EDI, ECR, JIT, QR or VMI can be implemented and additional benefits for the effective management and development of supply chains can be created. 

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