Supply Chain Management Concept and Digital Economy: Digital Supply Chain Technological Innovation

This study aimed to identify and evaluate technological innovation in the Digital Supply Chain (DSC). Due to the management restrictions caused by COVID-19, logistics became one of the most significant functions for the business in 2020 and 2021,. Due to supply chain disruptions, the average company could lose up to half of its annual profits, so implementing and leveraging DSC effectively would create a sustainable competitive advantage for companies. The objectives were to identify the most optimal type of supply network at the time of the study, which would depend on creating a sustainable competitive advantage for companies. The article reviewed the scientific literature on the problem, presents the content of the digital transformation of the supply chain. Based on the expert survey, the advantages of Digital Supply Chain Management were identified, the main technological innovations were indicated, and their characteristics were given. We identified the most important areas and ranked them according to their importance and impact on ensuring the efficiency of the supply chain system. These are the following integrated planning and execution, logistics transparency, smart warehousing, efficient parts management, autonomous and B2C logistics, prescriptive supply chain analytics, procurement 4.0. The findings of the study will help find the optimal solution while answering the question of how to build logistics in enterprise and which areas should be paid more attention to when introducing a supply chain. © 2021 The Society of Economics and Development, except certain content provided by third parties.

Authors
Chupanova K.A.1 , Otrokov O.Y.2 , Mosina N.V.3 , Sekerin V.D. 4 , Zharov A.N. 5 , Garnik S.V.6
Publisher
The Society of Economics and Development
Number of issue
4
Language
English
Pages
928-933
Status
Published
Volume
17
Year
2021
Organizations
  • 1 Saint-Petersburg State University, St. Petersburg, Russian Federation
  • 2 Rostov State University of Economics, Rostov-on-Don, Russian Federation
  • 3 Russian State Social University, Moscow, Russian Federation
  • 4 Moscow Polytechnic University, Moscow, Russian Federation
  • 5 Peoples' Friendship University of Russa (RUDN University), Moscow, Russian Federation
  • 6 State University of Management, Moscow, Russian Federation
Keywords
Digital transformation; Product quality; Supply chain management
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