This research contributes by applying the DCT to the DM concept to advocate the viability and sustainability of manufacturing systems in the era of Industry 4.0. cially in the consumer products industry. A recent survey identifies, that they are not equipped properly to design a digital strategy for their supply chains, necessarily transforming them into demand-sensitive networks. Preparing document for printing… 0%. The Digital Control Twin controls, monitors and balances material flow objects according to quantity, location and time and can help to predict and solve problems in advance. http://www.wired.com/2013/04/big-data-fast-data-smart-data/ [Accessed 26.03.2015]. Datafloq -The One-Stop Shop for Big Data. Deploying emerging technologies can sustain competitive advantage by enhancing access to information, reducing costs, and improving product quality, responsiveness, and collaboration. Though the advantages of digital supply chain management (DSCM) are many, its implementation is quite slow for several reasons. For 100 years, Supply Chain Canada has been the country’s largest association for supply chain professionals. Our analysis highlights that companies can adopt three strategies to implement DM and realise shorter lead times and personalised product offerings, namely: (i) small-scale DM; (ii) in-house decoupled manufacturing; and (iii) outsourced decoupled manufacturing. Pertaining to the originality of this research, limited work is available on the applicability of DM in industries, from the DCT perspective, to accomplish competitive advantages in the dynamic environment of manufacturing. transport, logistics and supply chain management is being recognized and will be tested. PDF Producer:-PDF Version:-Page Count:-Close. Things, I. Supply chain management (SCM) as a key business priority of almost every manufacturing company finds itself in the center of this upcoming digital era, where almost everything will be connected to almost everything via the internet. Overall: Supply Chain performance and risk management is currently not integrated with wider organizational risk management Only 13% have complete visibility into the end-to-end SupplyChain 50% of organizations have a fair to very limited knowledge of risk & complianceissues had no formal structures to aggregate the overall risk exposure facing thebusiness 29% Major impact on supply … The effect of digitization includes varied impacts on economy as a whole; create tremendous opportunities and challenges for businesses. It will evolve as a top priority for CEOs across organisations over the next few years. Practical implications We illustrate benefits of the developed framework in a real-world case study. Next generation supply chain Supply chain 2020 Introduction The supply chain will be a key element to shape the future of businesses. This topic contains articles on supply chain, suppliers, the value chain and logistics. Tracking data from a real-world multimodal container transport relation from Germany to the USA are used for evaluation of the established models. Source: [7, p. 10] 2 In 1986, the Council of Logistics Management, the leading-edge professional organization with a current membership of over 15,000, defined logistics management as: More specifically, the present research builds upon the Dynamic Capability Theory (DCT) and conducts semi-structured interviews with a panel of 16 experts from the Fast-Moving Consumer Goods, Automotive, and Engineering industries to develop 12 exploratory industry cases. This article is written based on a summary of 21 interviews that SAP Business T, Services (BTS) conducted with industry leaders and analysts, to discuss their potential SCM chal, lenges, trends, and strategic goals, as well as application of a set of pre-dened, cases in their current and future SCM practices. As the world gets connected, in the same way, This paper presents a hierarchical demand-driven planning framework for the fast-moving consumer goods industry. The supply chain industry is in a period of transformation. Originality/value We show that SVR provides the best prediction accuracy, with a mean absolute error of 17 h for a transport time of up to 30 days. PDF; Request permissions; Original Articles. Due to the large volume of daily pro, ysis as well as a stability analysis asso, fulllment channels, frequent introduc. Supply Chain Management available volumes and issues. An Advanced Diploma in Supply Chain Management, or a Bachelor's Degree in Supply Chain Management, or a Baccalaureus Technologiae: Logistics, or an equivalent qualification at NQF Level 7. The goal is to create a consolidated picture of today versus the vision (2020) for the aforementioned industries regarding their key challenges and trends. Cloud Computing - Gartner IT Glossary, Gartner IT Glossary (2012b). Over the past few years, the sector has accelerated and it’s fundamental to embrace the latest trends or risk falling behind. 30 Supply Chain Management Thesis Topics for 2020 On these premises, any supply chain management thesis should be comprehensive. Technology / Cloud & On-Demand Systems / Forecasting & Demand Planning / SC Planning & Optimization / Business Strategy Alignment Six Top Supply-Chain Strategies for 2020. The Internet of Things – Internet of, Gartner IT Glossary (2012d). the Is that the name of the report? © 2008-2020 ResearchGate GmbH. Purpose - This paper contributes to the literature about supply chain process management by discussing how Industry 4.0 technologies can support process reengineering in the context of the construction industry. 17 digital SCM use cases, being identified within expert interviews, form the basis for the creation of the digital supply chain management agenda. The next step will be the development of a maturity framework to support a wider range of customers with the creation of a practical process and solution transformation roadmap towards their target and ideal maturity stages. Supply Chain Management Process : Supply chain management is defined as the design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally. Design/methodology/approach-The paper discusses the impact of Industry 4.0 technologies through an exploratory case study focused on the materials management process, using a co-production of research approach where the main findings are obtained through the involvement of internal and external process actors. Researchers have explored the competitive advantage of moving from the traditional supply chain to the digital supply chain. Findings “Supply Chain Management deals with the management of materials, information, and financial flows in a network consisting of suppliers, manufacturers, distributors, and customers.“ Stanford Supply Chain Forum “Call it distribution or logistics or supply chain management. 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