Abstract:

Supply chain management through digital transformation gives companies an important advantage by allowing them to better utilize resources. It improves all aspects of the supply chain, making processes more transparent, customer-need-based, and generally more efficient. This also results in improved decision-making and prepares companies to implement flexible, efficient new business models in the future. Nonetheless, with its potential, numerous firms are not yet at complete transformation but only at the beginning of digitalization. This is because there are huge initial costs of investment and lack of knowledge regarding the effectiveness of digital tools.

Description:

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