The Impact of Digital Transformation on Supply Chain Management
Virtually all technologies and techniques that are currently being discussed within the scope of "digital transformation" have an immediate impact on supply chain management – that is, procurement, production and logistics. To name some examples: the Internet of Things (IoT) will change how assets are monitored and deployed; artificial intelligence (AI), with its ability to derive insights and prescriptions from huge amounts of relevant data, will give rise to completely new models and planning paradigms in logistics, manufacturing and procurement; automation (robotics) on the shop floor and in the warehouse will have a major impact on value creating and supporting processes; in-memory computing, new algorithms, and more powerful hardware will change the clockspeed of supply chain planning and execution.
Among experts there is little doubt that these developments will happen – sooner or later – and most experts agree that this will have a disruptive impact on how manufacturing companies run their supply chains. The unresolved question is, however, what it needs to best leverage the potential of the new technologies, and which companies will benefit most from a digital transformation of their supply chain.
This session will focus on how companies have to adapt their supply chain organization (and the skillsets of their supply chain professionals) to truly achieve digital transformation and to benefit from the new technologies and digital opportunities. Based on cases, examples, applications, and recent developments in supply chain software we will discuss and develop a perspective on the future "digital supply chain organization".
Chair of Logistics and Quantitative Methods in Business Administration at Julius-Maximilans Univ. of Würzburg, Germany
Malaysia Institute for Supply Chain Innovation
Persiaran Tebar Layar
Shah Alam, Selangor, Malaysia