How does digitalization make the supply chain more efficient?

Through digital technologies such as cloud computing, big data, artificial intelligence and Internet of Things, digital supply chain can upgrade the traditional supply chain model, transform it into a digital supply chain that adapts to the new era, and make it have the ability of demand, prediction, collaboration, execution and decision-making.

Demand: according to the data of raw materials, production, warehouse and market in the digital platform, analyze the demand of different enterprises in the supply chain;

Forecasting: monitoring public opinion, laws and regulations, raw materials, markets and other factors that may affect the supply chain, predicting the future health status and preventing crises;

Collaboration: connecting upstream and downstream enterprises in the supply chain, communicating and unifying their business status and business data, and promoting the development of the supply chain;

Execution: obtain the business data of warehouse, transportation and market in the supply chain, automatically judge the production quantity, transportation time and market demand, and adjust the business of each link;

Decision-making: According to the data and information of supply chain and market nodes, intelligently infer the future changes of supply chain and make decisions on business conditions.

The transformation direction of traditional supply chain is 1. Structurally, digital supply chain adopts network structure. Each node has many enterprises connected with each other, and many enterprises are connected with other nodes in raw materials, production, logistics, warehousing, sales and so on. When an enterprise has problems, other enterprises in the node can immediately take his place and reconnect the whole digital supply chain.

2. Technically, digital supply chain enterprises have a high degree of informatization and digitalization. Many enterprises use business intelligence BI to connect business data and store it in data warehouse. Through data analysis, these enterprises make business data and business analysis into visual reports and store them on the unified platform of digital supply chain, so that upstream and downstream enterprises can exchange information and promote together.

3. Ecologically, the digital supply chain takes the online platform as the communication node and is not limited by distance. Moreover, due to the high degree of informationization and digitalization, these enterprises can unify their business, establish a supply chain platform, realize the functions of unified analysis, unified order taking, unified scheduling, unified tracking and unified settlement through business data exchange and visual report presentation, carry out ecological construction based on a fully digital supply chain, and promote the common development of all enterprises in the chain.

Thank you very much No matter how high the technology is, people need to realize it, which requires the consistency and scientificity of coordination in the process, as well as practical error correction and redundancy.