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

Abstract

This study aims to identify and evaluate technological innovation in the Digital Supply Chain. 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 of the study 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 reviews the scientific literature on the problem under study, presents the content of the digital transformation of the Supply Chain. Based on the expert survey, the advantages of Digital Supply Chain Management are identified, the main technological innovations are indicated, and their characteristics are 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 areas are 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 a manager find the optimal solution when answering the question of how to build logistics in his enterprise and which areas should be paid more attention to when introducing a Supply Chain.