Digital Empowerment in Supply Chain Management

Digitalization in SCM results in a change of interaction into a new decade towards SCM 5.0 with the key aspects real-time Data Analytics, Automation, Agile Operations and Artificial Intelligence with technologies such as Cyber Tracking, Sensors, Blockchains, Digital Twins and more. Conclusion: For many companies digitalization is still a lip service – the implementation maturity of these key aspects is still between 25 - 70 %. The key implementation challenges for SCM digitalization are manifold like structured data availability, data integration, system implementation and people with desired skillset. Therefore, real transition requires understanding, willingness and enablement.