Transforming towards a smarter supply chain Online publication date: Mon, 27-Jul-2020
by Shubham Tripathi; Manish Gupta
International Journal of Logistics Systems and Management (IJLSM), Vol. 36, No. 3, 2020
Abstract: Present day supply chains are becoming complex and uncertain, and numerous technological innovations are being incorporated to enhance them, making supply chains smarter. The purpose of this paper is to build up a transformation map to move towards smart supply chain. The paper presents a framework to formulate transformation strategy and discusses implementation strategy in detail. Several factors to consider while taking the transformation decision are also discussed. Various reported case studies and actual implementation reports of individual technologies are considered to understand and report the impacts (observed and speculated) of these transformations. Smart supply chains are critical for Industry 4.0 (fourth industrial revolution) and their need has been highlighted by numerous researchers but the literature on how to evolve into one is scant. Understanding transformation towards smart supply chain and its impacts will guide and motivate practitioners in restructuring their supply chain.
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