Digitization In Supply Chain Management Trends Challenges And Solutions

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Digitization In Supply Chain Management: Trends, Challenges And Solutions

Author : Steven Carnovale
Publisher : World Scientific
ISBN 13 : 9811286647
Total Pages : 200 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Digitization In Supply Chain Management: Trends, Challenges And Solutions by : Steven Carnovale

Download or read book Digitization In Supply Chain Management: Trends, Challenges And Solutions written by Steven Carnovale and published by World Scientific. This book was released on 2024-03-15 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every industry has faced the tidal wave of 'digital' that has either re-shaped or dramatically altered their modus operandi. Supporting technologies in the management information systems arena have given rise to increased end to end visibility, real time access to information, and tightly controlled monitoring of deployed assets. In many industries it is straightforward to see the impact that digital technologies have had. Finance is a great example, with cash payments becoming increasingly less and less common, and digital currencies increasing in prominence. Yet how has this impacted supply chain management? In a discipline that spans multiple industries, continents, and companies, are there examples that we can point to that explain how digital supply chains have become? Which aspects of supply chain management were transformed by the digital tidal wave, and which functions are lagging behind? This is what this volume seeks to address.Trends: what are the current trends in digital (or digitalization) supply chain management? Ideally, these trends will include all aspects of the supply chain. That is, how has the digital revolution impacted sourcing? What are the digital trends in the logistics, warehousing, and distribution industry? How has 'digital' impacted the operations and manufacturing industry? Challenges: where are the diminishing returns to digital and its inclusion in the supply chain? Are there problems related to procurement and sourcing as the digital revolution takes hold? Are logistics challenges compounded in a digital world? Is manufacturing more streamlined or are there additional complexities that need to be addressed?Solutions: Are the challenges all too overwhelming, or are there remedies that we can advance to cope with an ever increasingly digital world?

The Digital Supply Chain

Author : Bart L. MacCarthy
Publisher : Elsevier
ISBN 13 : 0323916155
Total Pages : 466 pages
Book Rating : 4.3/5 (239 download)

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Book Synopsis The Digital Supply Chain by : Bart L. MacCarthy

Download or read book The Digital Supply Chain written by Bart L. MacCarthy and published by Elsevier. This book was released on 2022-06-09 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Digital Supply Chain is a thorough investigation of the underpinning technologies, systems, platforms and models that enable the design, management, and control of digitally connected supply chains. The book examines the origin, emergence and building blocks of the Digital Supply Chain, showing how and where the virtual and physical supply chain worlds interact. It reviews the enabling technologies that underpin digitally controlled supply chains and examines how the discipline of supply chain management is affected by enhanced digital connectivity, discussing purchasing and procurement, supply chain traceability, performance management, and supply chain cyber security. The book provides a rich set of cases on current digital practices and challenges across a range of industrial and business sectors including the retail, textiles and clothing, the automotive industry, food, shipping and international logistics, and SMEs. It concludes with research frontiers, discussing network science for supply chain analysis, challenges in Blockchain applications and in digital supply chain surveillance, as well as the need to re-conceptualize supply chain strategies for digitally transformed supply chains.

Digital Supply Networks: Transform Your Supply Chain and Gain Competitive Advantage with Disruptive Technology and Reimagined Processes

Download Digital Supply Networks: Transform Your Supply Chain and Gain Competitive Advantage with Disruptive Technology and Reimagined Processes PDF Online Free

Author : Amit Sinha
Publisher : McGraw Hill Professional
ISBN 13 : 1260458202
Total Pages : 320 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Digital Supply Networks: Transform Your Supply Chain and Gain Competitive Advantage with Disruptive Technology and Reimagined Processes by : Amit Sinha

Download or read book Digital Supply Networks: Transform Your Supply Chain and Gain Competitive Advantage with Disruptive Technology and Reimagined Processes written by Amit Sinha and published by McGraw Hill Professional. This book was released on 2020-07-21 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deliver unprecedented customer value and seize your competitive edge with a transformative digital supply network Digital tech has disrupted life and business as we know it, and supply chain management is no exception. But how exactly does digital transformation affect your business? What are the breakthrough technologies and their capabilities you need to know about? How will digital transformation impact skills requirements and work in general? Do you need to completely revamp your understanding of supply chain management? And most importantly: How do you get started? Digital Supply Networks provides clear answers to these and many other questions. Written by an experienced team comprised of Deloitte consultants and leading problem-driven scholars from a premier research university, this expert guide leads you through the process of improving operations building supply networks, increasing revenue, reimagining business models, and providing added value to customers, stakeholders, and society. You’ll learn everything you need to know about: Stages of development, roles, capabilities, and the benefits of DSN Big data analytics including its attributes, security, and authority Machine learning, Artificial Intelligence, Blockchain, robotics, and the Internet of Things Synchronized planning, intelligent supply, and digital product development Vision, attributes, technology, and benefits of smart manufacturing, dynamic logistics, and fulfillment A playbook to guide the digital transformation journey Drawing from real world-experience and problem-driven academic research, the authors provide an in-depth account of the transformation to digitally connected supply networks. They discuss the limitations of traditional supply chains and the underlying capabilities and potential of digitally-enabled supply flows. The chapters burst with expert insights and real-life use cases grounded in tomorrow’s industry needs. Success in today’s hyper-competitive, fast-paced business landscape, characterized by the risk of black swan events, such as the 2020 COVID-19 global pandemic, requires the reimagination and the digitalization of complex demand-supply systems, more collaborative and connected processes, and smarter, more dynamic data-driven decision making―which can only be achieved through a fully integrated Digital Supply Network.

Dynamic Quality Models and Games in Digital Supply Chains

Author : Pietro De Giovanni
Publisher : Springer Nature
ISBN 13 : 3030665372
Total Pages : 145 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Dynamic Quality Models and Games in Digital Supply Chains by : Pietro De Giovanni

Download or read book Dynamic Quality Models and Games in Digital Supply Chains written by Pietro De Giovanni and published by Springer Nature. This book was released on 2021-02-01 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book bridges the fields of Supply Chain Management, Digital Transformation, and Dynamic Quality models in order to illustrate how digital transformation affects the work of researchers and managers in Supply Chain Quality problems. It aims to address the gap in scholarship regarding new technologies, updating the established literature to reimagine theoretical models, dynamic games, knowledge management, supply chain coordination solutions, interfaces in circular economies, and other functional spaces for a digital era. Written for researchers, managers, and practitioners, this book offers an accessible approach to the topics through clear, management-oriented chapters, reserving mathematical background for the Appendices. It discusses an array of modern challenges in digitization, including smart device installation, Cloud data accessibility, applications of AI systems, Supply Chain monitoring via Blockchains, using sensors in operations, and digital tool integration within traditional IS frameworks.

The Digital Transformation of Logistics

Author : Johannes Kern
Publisher : John Wiley & Sons
ISBN 13 : 1119646405
Total Pages : 480 pages
Book Rating : 4.1/5 (196 download)

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Book Synopsis The Digital Transformation of Logistics by : Johannes Kern

Download or read book The Digital Transformation of Logistics written by Johannes Kern and published by John Wiley & Sons. This book was released on 2021-04-06 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: The digital transformation is in full swing and fundamentally changes how we live, work, and communicate with each other. From retail to finance, many industries see an inflow of new technologies, disruption through innovative platform business models, and employees struggling to cope with the significant shifts occurring. This Fourth Industrial Revolution is predicted to also transform Logistics and Supply Chain Management, with delivery systems becoming automated, smart networks created everywhere, and data being collected and analyzed universally. The Digital Transformation of Logistics: Demystifying Impacts of the Fourth Industrial Revolution provides a holistic overview of this vital subject clouded by buzz, hype, and misinformation. The book is divided into three themed-sections: Technologies such as self-driving cars or virtual reality are not only electrifying science fiction lovers anymore, but are also increasingly presented as cure-all remedies to supply chain challenges. In The Digital Transformation of Logistics: Demystifying Impacts of the Fourth Industrial Revolution, the authors peel back the layers of excitement that have grown around new technologies such as the Internet of Things (IoT), 3D printing, Robotic Process Automation (RPA), Blockchain or Cloud computing, and show use cases that give a glimpse about the fascinating future we can expect. Platforms that allow businesses to centrally acquire and manage their logistics services disrupt an industry that has been relationship-based for centuries. The authors discuss smart contracts, which are one of the most exciting applications of Blockchain, Software as a Service (SaaS) offerings for freight procurement, where numerous data sources can be integrated and decision-making processes automated, and marine terminal operating systems as an integral node for shipments. In The Digital Transformation of Logistics: Demystifying Impacts of the Fourth Industrial Revolution, insights are shared into the cold chain industry where companies respond to increasing quality demands, and how European governments are innovatively responding to challenges of cross-border eCommerce. People are a vital element of the digital transformation and must be on board to drive change. The Digital Transformation of Logistics: Demystifying Impacts of the Fourth Industrial Revolution explains how executives can create sustainable impact and how competencies can be managed in the digital age - especially for sales executives who require urgent upskilling to remain relevant. Best practices are shared for organizational culture change, drawing on studies among senior leaders from the US, Singapore, Thailand, and Australia, and for managing strategic alliances with logistics service providers to offset risks and create cross-functional, cross-company transparency. The Digital Transformation of Logistics: Demystifying Impacts of the Fourth Industrial Revolution provides realistic insights, a ready-to-use knowledge base, and a working vocabulary about current activities and emerging trends of the Logistics industry. Intended readers are supply chain professionals working for manufacturing, trading, and freight forwarding companies as well as students and all interested parties.

The Digitalization of the 21st Century Supply Chain

Author : Stuart M. Rosenberg
Publisher : Routledge
ISBN 13 : 1000201031
Total Pages : 252 pages
Book Rating : 4.0/5 (2 download)

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Book Synopsis The Digitalization of the 21st Century Supply Chain by : Stuart M. Rosenberg

Download or read book The Digitalization of the 21st Century Supply Chain written by Stuart M. Rosenberg and published by Routledge. This book was released on 2020-11-09 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: The goal of this book is to gain a clear picture of the current status and future challenges with regard to the digitalization of the supply chain – from the perspective of the suppliers, the manufacturers, and the customers. They were the target groups of the book. Digitization has touched upon all aspects of businesses, including supply chains. Technologies such as RFID, GPS, and sensors have enabled organizations to transform their existing hybrid (combination of paper-based and IT-supported processes) supply chain structures into more f lexible, open, agile, and collaborative digital models. Unlike hybrid supply chain models, which have resulted in rigid organizational structures, unobtainable data, and disjointed relationships with partners, digital supply chains enable business process automation, organizational flexibility, and digital management of corporate assets. In order to reap maximum benefits from digital supply chain models, it is important that companies internalize it as an integral part of the overall business model and organizational structure. Localized disconnected projects and silo-based operations pose a serious threat to competitiveness in an increasingly digital world. The technologies discussed in this text – artificial intelligence, 3D printing, Internet of things, etc. – are beginning to come together to help digitize, automate, integrate, and improve the global supply chains. It’s certainly an exciting and challenging time for both new supply chain professionals and long-time supply chain professionals.

Supply Chain 5.0: The Next Generation Of Business Success Through Customer Centricity, Sustainability & Human Rights And Digitalization

Download Supply Chain 5.0: The Next Generation Of Business Success Through Customer Centricity, Sustainability & Human Rights And Digitalization PDF Online Free

Author : Prateek Jain
Publisher : World Scientific
ISBN 13 : 9811278679
Total Pages : 297 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Supply Chain 5.0: The Next Generation Of Business Success Through Customer Centricity, Sustainability & Human Rights And Digitalization by : Prateek Jain

Download or read book Supply Chain 5.0: The Next Generation Of Business Success Through Customer Centricity, Sustainability & Human Rights And Digitalization written by Prateek Jain and published by World Scientific. This book was released on 2023-10-18 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Supply Chain 5.0: The Next Generation of Business Success through Customer Centricity, Sustainability & Human Rights and Digitalization' unveils a transformative era in supply chain management, presenting a groundbreaking business model that integrates three pivotal elements: Customer Centricity, Sustainability & Human Rights, and the interplay of Advanced Digitalization. This insightful book guides businesses through the evolving landscape, showcasing how they can synchronize these elements to revolutionize their operations and unlock unparalleled value, ensuring future success. As consumer expectations shift and the world demands responsible practices, embracing the new generation of Supply Chain isn't just an option — it's the only way for organizations to thrive and shape a profitable and sustainable future.

Digital Transformation Of The Supply Chain: A Practical Guide For Executives

Author : Albert Tan
Publisher : World Scientific
ISBN 13 : 9811229619
Total Pages : 151 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Digital Transformation Of The Supply Chain: A Practical Guide For Executives by : Albert Tan

Download or read book Digital Transformation Of The Supply Chain: A Practical Guide For Executives written by Albert Tan and published by World Scientific. This book was released on 2021-06-18 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book unravels the complexities of supply chain process transformation by explaining step by step, in simple terms, what are the requirements for success, right from the basics to how to implement this complicated task. The book provides insights into how to lead the transformation project and how to manage the change internally and externally. The authors' hands-on experience in the field via applied research is clearly illustrated in the case studies, which provide the reader with practical examples of the challenges and benefits of implementing a digital supply chain transformation project. This is a must-have book for all supply chain and operations professionals.Related Link(s)

Technology Optimization and Change Management for Successful Digital Supply Chains

Author : Sabri, Ehap
Publisher : IGI Global
ISBN 13 : 1522577017
Total Pages : 323 pages
Book Rating : 4.5/5 (225 download)

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Book Synopsis Technology Optimization and Change Management for Successful Digital Supply Chains by : Sabri, Ehap

Download or read book Technology Optimization and Change Management for Successful Digital Supply Chains written by Sabri, Ehap and published by IGI Global. This book was released on 2019-03-01 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies across different industries are launching technology-enabled (digital) business transformation programs to improve their strategic, tactical, and operational supply chain processes. The greatest challenges that they are facing include the lack of preparation and knowledge of the digital transformation life cycle and poorly addressing or neglecting the “people-related” aspects of them. Therefore, improvement initiatives have been short-lived or incomplete, and expected business benefits have not been achieved or materialized. Technology Optimization and Change Management for Successful Digital Supply Chains is a pivotal reference source that provides vital research on the application of digital business transformation programs to improve strategic, tactical, and operational supply chain processes. While highlighting topics such as maturity models, predictive analysis, and communication planning, this publication explores the limited literature in the field of digital supply chain optimization and business transformation, and complements it with practical and proven tactics from the industry. This book is ideally designed for program managers, engineers, students, and practitioners seeking current research on the field’s latest best practices on digital supply chain enablement.

Smart and Sustainable Supply Chain and Logistics – Trends, Challenges, Methods and Best Practices

Author : Paulina Golinska-Dawson
Publisher : Springer Nature
ISBN 13 : 3030619478
Total Pages : 429 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Smart and Sustainable Supply Chain and Logistics – Trends, Challenges, Methods and Best Practices by : Paulina Golinska-Dawson

Download or read book Smart and Sustainable Supply Chain and Logistics – Trends, Challenges, Methods and Best Practices written by Paulina Golinska-Dawson and published by Springer Nature. This book was released on 2020-12-12 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the critical contemporary issues of sustainability and integration of physical and information flow. It explores the digitalization of logistics processes and the need for a more integrated and a seamless cooperation in supply chain management, which are dominant trends in business practice. Moreover, it examines how the pressure for CO2 emission reductions and more resource- efficient business models influences the organization of logistics operations on both a local and global scale, demonstrating that integrating physical and cyber systems is necessary to achieve a more environmentally friendly, safe logistics and supply chain operations. In the individual chapters, the authors discuss the new qualitative and quantitative theoretical methods and models and also analyze case studies from business practice. This book provides valuable insights for academics, Ph.D. students and practitioners wishing to deepen their understanding of logistics operations and management.

Digital Supply Chains

Author : Thomas Mrozek
Publisher : Campus Verlag
ISBN 13 : 359351205X
Total Pages : 241 pages
Book Rating : 4.5/5 (935 download)

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Book Synopsis Digital Supply Chains by : Thomas Mrozek

Download or read book Digital Supply Chains written by Thomas Mrozek and published by Campus Verlag. This book was released on 2020-05-20 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concrete instructions for digital transformation in business Supply Chain Management is without question deeply affected by the disruptive forces of a modern organization, positively as well as negatively. Between Advanced Analytics and AI, agile role models and autonomous warehouses a senior executive is often in danger of losing track in the digital jungle. In these exciting times, with their many turning points, h&z aims to share insights around digital supply chains, their application in business and the so vital transformation to successfully prepare organizations for this challenge. This book provides insights into best practices current supply chain and how CSOs apply technologies and advancements. It also makes daring forecasts about how processes and leadership must be designed so that the digital transformation does not fail in its infancy, but leads to a truly agile organization.

Trends in Supply Chain Design and Management

Author : Hosang Jung
Publisher : Springer Science & Business Media
ISBN 13 : 1846286077
Total Pages : 453 pages
Book Rating : 4.8/5 (462 download)

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Book Synopsis Trends in Supply Chain Design and Management by : Hosang Jung

Download or read book Trends in Supply Chain Design and Management written by Hosang Jung and published by Springer Science & Business Media. This book was released on 2007-07-17 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited book describes new trends in supply chain design and management with an emphasis on technologies and methodologies. It contains guidelines detailing the real-world applications of these technologies and methodologies. This book is of interest to researchers and practitioners and can also be used as a reference handbook by lecturers and postgraduate students in this field.

Study Issues Supply Chain Digitalization

Author : T S Deepu
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (899 download)

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Book Synopsis Study Issues Supply Chain Digitalization by : T S Deepu

Download or read book Study Issues Supply Chain Digitalization written by T S Deepu and published by . This book was released on 2023-05-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply chain digitalization refers to the process of integrating digital technologies and systems into various aspects of the supply chain management process. This transformative approach aims to streamline operations, enhance efficiency, and optimize decision-making by leveraging advanced technologies and data-driven insights. In the context of studying issues related to supply chain digitalization, researchers and industry professionals delve into the challenges, opportunities, and potential risks associated with adopting digital solutions in supply chain management. The purpose of such studies is to gain a deeper understanding of the implications, best practices, and strategies for successful implementation of digital technologies in the supply chain. One of the key areas of focus in studying supply chain digitalization issues is the technological infrastructure required to support digital transformation. This includes evaluating the compatibility of existing systems, identifying gaps in capabilities, and exploring the integration of emerging technologies such as blockchain, Internet of Things (IoT), artificial intelligence (AI), and machine learning (ML) into supply chain operations. Researchers also examine the potential benefits and drawbacks of adopting these technologies, considering factors such as cost, scalability, security, and interoperability. Another significant aspect of studying supply chain digitalization issues involves analyzing the impact on various stakeholders, including suppliers, manufacturers, distributors, and customers. Researchers investigate how digitalization affects the roles, responsibilities, and relationships within the supply chain ecosystem. They explore the implications for workforce skills and training, organizational structures, and the overall business models of companies operating in the supply chain.

Increasing Supply Chain Performance in Digital Society

Author : Leon, Ramona Diana
Publisher : IGI Global
ISBN 13 : 1799897176
Total Pages : 379 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Increasing Supply Chain Performance in Digital Society by : Leon, Ramona Diana

Download or read book Increasing Supply Chain Performance in Digital Society written by Leon, Ramona Diana and published by IGI Global. This book was released on 2022-06-03 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Currently, the main operations of companies are either directly or indirectly interconnected in a global-world context. Competition has drifted from an individual to a supply chain basis, where digitalization plays a key role. Companies with better digital capabilities achieve sustainable competitive market advantages. In this context, companies must identify their current position in terms of digital capabilities, link these capabilities to supply chain performance, define their future desired competitive position and how their digital capabilities are going to help them to get there, and forecast their future desired performance not only at the individual company but also at the supply chain level. Increasing Supply Chain Performance in Digital Society considers innovative approaches to measure, manage, and project towards the future of the digital capabilities of both individual companies and supply chains. It also examines the relations these have with performance being a practical tool to identify not only where they are today in terms of digital capabilities but also where they should be long term and the resources needed to get them there. Covering a range of topics such as artificial intelligence and risk management, this reference work is ideal for practitioners, researchers, scholars, business owners, industry professionals, academicians, instructors, and students.

Contemporary Issues in Supply Chain Management and Logistics

Author : Anthony M. Pagano
Publisher : Business Expert Press
ISBN 13 : 1631573624
Total Pages : 167 pages
Book Rating : 4.6/5 (315 download)

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Book Synopsis Contemporary Issues in Supply Chain Management and Logistics by : Anthony M. Pagano

Download or read book Contemporary Issues in Supply Chain Management and Logistics written by Anthony M. Pagano and published by Business Expert Press. This book was released on 2017-04-26 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of chapters on issues we face today in the world of supply chain management. While there are a number of college textbooks related to specific areas within logistics and supply chain issues, there are very few general supply chain management “trends” books. Contemporary Issues in Supply Chain Management and Logistics consists of seven dynamic, current and informative chapters that cover a variety of cutting-edge supply chain topics of use to both graduate students, and professionals working in the field. The book contains new, original research papers written by academics from the fields of engineering, transportation, marketing, and supply chain management and logistics.

Digital Supply Chain Leadership

Author : David Kurz
Publisher : Routledge
ISBN 13 : 100035329X
Total Pages : 226 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Digital Supply Chain Leadership by : David Kurz

Download or read book Digital Supply Chain Leadership written by David Kurz and published by Routledge. This book was released on 2021-02-25 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strong leadership is necessary to drive the transformational change required to build and apply digital capabilities across organizations. Digital transformation in the supply chain is a leadership problem first and foremost. This book draws out some of the key digital business strategies supply chain leaders must become familiar with as they take on the responsibilities of leading transformations within their firms. The central rationale of the book is to establish a clear business case for the performance shifts and opportunities of the Digital Supply Chain. The benefits of a digital supply chain for firms can be summarized as uniquely reducing the amount of trade-off between costs and customer satisfaction. The challenges, complexity, and management involved in transforming to a digital supply chain have slowed many firms in their implementation. The key to unlocking this value and advantage is a new, robust, and digitally aware supply chain leadership mindset. It will provide readers with a practical Digital Supply Chain Leadership Road Map that will accelerate actions in technology, analytics, talent and business models. The road map to digital transformation will step the reader through these critical dimensions and illustrate how they can support their own organizational transformation by developing greater levels of maturity. This book will be most valued by supply chain leaders in medium to large scale organizations, as well as consultants and academics interested in digital business and supply chain transformation. The book will also be valuable for students studying digital transformation, supply chain, and operations.

Industry 4.0

Author : Carolina Machado
Publisher : CRC Press
ISBN 13 : 1351132989
Total Pages : 290 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis Industry 4.0 by : Carolina Machado

Download or read book Industry 4.0 written by Carolina Machado and published by CRC Press. This book was released on 2020-05-17 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industry 4.0 is a challenge for today’s businesses. It’s a concept that encompasses the technological innovations of automation, control, and information technology, as it’s applied to manufacturing processes. It’s a new topic that recently emerged in academia and industry, with few books that target both management and engineering. This book will cover the new advances and the way to manage competitive organizations. The chapters will include terms of theory, evidence, and/or methodology, and significantly advance social scientific research. This book: Focuses on the latest and most recent research findings occurring on the topic of Industry 4.0 Presents the ways companies around the world are facing today's technological challenges Assists researchers and practitioners in selecting the correct options and strategies to manage competitive organizations Provides recent advances in international studies Encompasses the main technological innovations in the fields of automation, control, and information technology applied to the manufacturing processes Industry 4.0: Challenges, Trends, and Solutions in Manangment and Engineering is designed to increase the knowledge and effectiveness of all managers and engineers in all organizations and activity sectors Carolina Machado has been teaching in the Human Resources Management subjects since 1989 at University of Minho, Portugal. She has been an associate professor since 2004, with experience and research interest areas in the field of Human Resource Management, International Human Resource Management, Human Resource Management in SMEs, Training and Development, Emotional Intelligence, Management Change, Knowledge Management, and Management/HRM in the Digital Age. She is head of the Department of Management and head of the Human Resources Management Work Group at University of Minho, as well as chief editor of the International Journal of Applied Management Sciences and Engineering (IJAMSE). J. Paulo Davim is a professor at the Department of Mechanical Engineering of the University of Aveiro, Portugal. He has more than 30 years of teaching and research experience in Manufacturing, Materials, Mechanical, and Industrial Engineering, with special emphasis in Machining & Tribology. He has also interest in Management, Engineering Education, and Higher Education for Sustainability. He has worked as evaluator of projects for ERC (European Research Council) and other international research agencies.