CHALLENGES & OPPORTUNITIES

Question 1

Which are the 3 main groups for CHALLENGES in digital supply chain management?? - Haddud et al 2017

Answer 1

Technological
Economic
Organizational

Question 2

What are the organizational challenges related to digital supply chain management? - Haddud et al 2017

Answer 2

*Employees’ fear and resistance
*Technologies to supervise?
*People lack knowledge and skills
*Demotivated top management
*Lack of trust and commitment

Question 3

What are the economic challenges related to digital supply chain management? - Haddud et al 2017

Answer 3

*Lack of financial resources in investing
in IT infrastructure
*Lengthy implementation process - project management costs money.
*Lack of knowledge on added value
*Short term vs long term approach

Question 4

What are the technological challenges related to digital supply chain management? -Haddud et al 2017

Answer 4

*Lack of IT Infrastructure
*Lack of technology and process standards
*Lack of capacities for scalability of data storage
*Vulnerability to cyber-attacks
*High level of dependency on technology and software

Question 5

What is digitization? - Büyüközka& Göçer (2018)

Answer 5

Digitization is the process of creating a digital
(bits and bytes) version of analog or physical
materials such as paper documents, microfilm
images, photographs, sounds, video and more

Question 6

What are examples of digitalization? - Büyüközka& Göçer (2018)

Answer 6

• The use of digital technologies to change a business model and provide new revenue and value creation opportunities
• Connectivity or integration among business partners
  -A smart, value-driven, efficient process to generate new forms of revenue and value for organizations and to leverage new approaches

Question 7

What does digital transformation refer to?

Answer 7

The strategic and prioritized alteration of business
activities, processes, competencies and
models to fully leverage the changes and
opportunities of digital technologies.

Question 8

Adoption of digital (Process)

Answer 8

Digitalization

Question 9

Conversion of Analogue to Digital (Data)

Answer 9

Digitization

Question 10

Creation (Digital Business)

Answer 10

Digital Transformation

Question 11

What are 5 digital applications for SCM? - (Attaran, 2020)

Answer 11

Application 1: DATA
Application 2: ARTIFICIAL INTELLIGENCE
Application 3: CONNECTIVITY
Application 4: AUTOMATION
Application 5: DIGITAL ECO-SYSTEMS

Question 12

What makes a digital supply chain different from a typical supply chain? - PPT

Answer 12

While a traditional SC have a sequential and linear logic with many activities and planning in each stages, it also limits the potential for agility. How you deliver value to the customer is protracted and therefore inefficient. The traditional SC cannot provide transparency in the same way as a DSC, because transparency is still siloed throughout the network which is limiting the firms. The DSC is more AGILE, TRANSPARENT and therefore also EFFICIENT.

Question 13

WHAT ARE THE SIX ACTIVITIES OF SINHA ET AL’S (2020) DIGITAL SUPPLY MANAGEMENT?

Answer 13

1. Synchronized planning
2. Connected customers
3. Smart factory
4. Intelligent supply
5. Digital development
6. Dynamic fullfilment

This is the star model of Sinha and in the center you find the DIGITAL CORE. ⭐

Question 14

Which are the five steps towards the digital evolution along SC dimensions? - Seifert, 2020

Answer 14

1. Pre-digital
2. Digital functions
3. Digital supply chain
4. Digital value chain
5. Digital ecosystem