Abstract

This study aim to identify and evaluate technological innovation in the Digital Supply Chain . Due ed (DSC) 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.

Description

Indian Journal of Economics and Development
Volume 17 No. 4, 2021, 928-933

DOI: https://doi.org/10.35716/IJED/21272
NAAS Score: 5.15
Indexed in Clarivate Analytics (ESCI) of WoS
Indexed in Scopus
UGC Approved