The Digital Transformation of Supply Chain Management

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The Digital Transformation of Supply Chain Management offers a roadmap to all areas of supply chain management, with the idea of ecosystem as a center of gravity. The book describes the impact of Internet-driven global information and communication systems in enhancing supply chain management processes. It analyzes six building blocks of supply chain management, including consumer focus and demand, resource and capacity management, procurement and purchasing, inventory management, operation management, and distribution management. The book concludes by presenting the principal innovative solutions available now, or in the future, for managing and increasing the efficiency of supply chains.

As supply chains are evolving toward an ecosystem that incorporates a wide range of digital technologies such as the cloud, big data, the Industrial Internet of Services, 3D printing, augmented and virtual reality, blockchain, artificial intelligence, machine learning, and many more, this book is an ideal resource.

Author(s): Michela Pellicelli
Publisher: Elsevier
Year: 2022

Language: English
Pages: 277
City: Amsterdam

Front Cover
THE DIGITAL TRANSFORMATION OF SUPPLY CHAIN MANAGEMENT
THE DIGITAL TRANSFORMATION OF SUPPLY CHAIN MANAGEMENT
Copyright
Contents
Introduction
Why this book now
What this book is about?
Key definitions and events
The structure of the book
References
ONE - Drivers and effects of digital transformation on the supply chain
one - Toward a new way of thinking
1.1 Platforms and network effects
1.1.1 Definition of platform
1.1.2 What is the network effect?
1.1.3 How platforms change competition
1.2 The evolution of digital transformation
1.2.1 A three-stage process
1.2.2 The four tiers of digital transformation
1.2.3 Drivers of digital value
1.3 Digital transformation is an everlasting changing strategy
1.3.1 Five domains of strategy
1.3.2 How Netflix's original DVD service defeated the leading position of blockbuster
1.3.3 Less complex, less costly, less time wasting than first imagined
1.3.4 Defenses against threats. Adjusting to the new reality
1.3.5 Success factors in digital transformation
1.4 The definition of “supply chain”
1.4.1 The drive toward shorter supply chains
1.5 Supply Chain Management
1.5.1 The evolution of SCM
1.5.2 SCM on a global scale
1.5.3 The bullwhip effect
1.5.4 Giving efficiency and flexibility to the supply chain
References
TWO - Digital technology solutions for managing the supply chain
Two - A long road to maximizing efficiency
2.1 The Digital Supply Network (DSN)
2.2 A digital thread
2.3 The rise of industry 4.0 and the DSN
2.4 Impacts of technology disruption
2.5 The DSN capabilities
2.6 Industry 4.0 or The Fourth Industrial Revolution
2.6.1 A radical shift
2.7 Industry 4.0 technologies: the main categorizations in the literature
2.8 Progress made possible by Industry 4.0
2.8.1 What is blockchain? How does it help the supply chain?
2.8.2 Governance, quality, and transparency
2.9 The road ahead
2.10 Industry 4.0 technologies during the COVID-19 pandemic crisis
References
Three - Supply chain 4.0. rewriting the rules
3.1 Enabling technologies
3.2 Supply chain 4.0 and market-driven strategies
3.3 How the supply chain has been transformed
3.4 Key benefits of supply chain 4.0
3.5 Toward Smart manufacturing and Smart factory
3.5.1 Smart factory
References
Four - The need for a different approach
4.1 Transportation evolution
4.2 Warehouse transformation
4.3 Warehouse robotics
4.4 Logistics
4.5 Procurement 4.0
4.6 The sourcing process
4.6.1 Outsourcing
4.6.2 Reshoring
4.7 The purchasing process
4.8 Toward a new model of procurement
References
Five - Managing the supply chain: technologies for digitalization solutions
5.1 The irresistible march of technological disruption
5.1.1 The role of risk and uncertainty
5.2 Digital technologies are reshaping supply chains
5.3 Cloud computing
5.4 Big Data
5.5 Internet of Things (IoT)
5.5.1 The Internet of Things: potential areas of use
5.5.2 Internet of Services
5.5.3 Definitions and salient features of the Internet of Things
5.6 Blockchain
5.6.1 Cryptocurrencies and Bitcoin
5.6.2 Definitions and salient features of Blockchain
5.7 Robotics
5.8 Additive Manufacturing and 3D printing
5.9 Autonomous Vehicles (AV) and Intelligent Transport Systems (ITS)
5.10 Artificial Intelligence (AI)
5.10.1 The bases of Artificial Intelligence
5.10.2 The Turing Test: the imitation game
5.10.3 Definitions and salient features of Artificial Intelligence
5.10.4 Machine Learning (ML) and Deep Learning (DL)
5.11 Co-creation
5.11.1 Power to customers in designing a product
5.12 Digital Value Chain (DVC)
References
THREE - Global supply chain and global strategies
Six - Waves of disruption have undermined but not defeated globalization
6.1 The first waves of globalization: 1980's and 1990's
6.1.1 The tide of changes
6.1.2 New and old reinforced drivers
6.1.3 New economic models
6.1.4 The doctrine of ‘comparative advantage' revisited
6.1.5 Win-win or lose-win?
6.2 Offshoring has become a vital part of global strategies
6.2.1 The need for a constant review of core competences
6.3 The great variety of models
6.3.1 Types of the outsourcing agreement
6.3.2 Asymmetry of power in the global supply chain
6.4 ‘Old' providers emerging as new competitors
6.4.1 Performance evolution
6.4.2 The advantages of the ‘new champions'
6.5 The main technological disruptors
6.5.1 The experience in car industry
6.5.1.1 The shift of the center of gravity
6.5.1.2 Need to change the business model
6.5.1.3 Inroads from unexpected competitors
6.5.1.4 Product modularity has big implications
6.5.1.5 Modularity gives suppliers a great advantage
6.5.1.6 The embattled uncertainty: where is the tipping point?
6.6 Managing a supply chain under uncertainty
6.6.1 Identifying risks and estimating the probability that an event takes place
6.6.1.1 Flexibility needed for fast times
6.6.1.2 Industries' fear of disruption
6.7 Has COVID-19 and Russia's invasion of Ukraine brought down globalization?
6.8 Russia's invasion: a tipping point in globalization
References
FOUR - The Effects on the Supply Chains of COVID-19 and the Russia's Invasion of Ukraine
Seven - Never so much attention to the digital transformation of supply chains
7.1 Unexpected speed
7.2 COVID-19 rolls the dice again
7.2.1 The supply-demand mismatch
7.2.2 The disruptive influence of governments
7.3 Unprecedented in history
7.4 Running out of steam
7.4.1 Factory closures
7.4.2 Bottlenecks
7.4.3 Shortages
7.4.4 The increase in shipping costs
References
Eight - War in Europe: another blow to the global supply chains
8.1 Russia's invasion of Ukraine: another blow to the global supply chains
8.2 Lessons for business leaders
8.3 How to respond to war disruptions
8.4 Take a step back to go further on global supply chain rebound
References
FIVE - How businesses reacted to disruptions of supply chains
Nine - Business models at a crossroads: the post-crisis cleanup
9.1 The risks of supply chain disruptions
9.1.1 Identify the vulnerability
9.2 Be more ‘resilient’
9.2.1 “It's quicker to build inventories than factories”
9.2.2 Reshore or onshore. Back to the country of final assembly
9.2.3 Diversification of supply bases
9.2.4 A new business model
9.2.5 Beyond traditional business intelligence. The need to accelerate technological innovation
9.2.6 Rethinking the trade-off between product variety and the capacity for flexible production
9.3 Refitting the business
9.3.1 ‘Resilience’ versus ‘robustness’
9.3.2 Types of ‘resilience’
9.3.3 Three steps to prevent supply chain disruption
9.3.4 The case of the pharma industry
9.3.5 ‘Just in time’ versus ‘just in case’
9.3.6 Why do disasters often find MNCs unprepared?
References
Index
A
B
C
D
E
F
G
H
I
J
L
M
N
O
P
R
S
T
V
W
Back Cover