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Leveraging Digital Data for Optimizing Supply Chain Performance
Abstract
The integration of advanced technologies into the various components of the supply chain is what makes up a digital supply chain. By harnessing the power of digital, companies gain valuable insights into the roles and relationships of each participant, leading to an evolution of the entire network. Today, digital is an integral part of modern supply networks and industries. In this chapter, the authors dive into the world of digital supply chains and explore how advanced technologies are shaping the logistics industry. They examine the evolution of supply chain digitalisation and its importance to modern businesses. They also look at the role of data analytics and its impact on improving supply chain performance. Finally, they present the application of a selected data analysis method to the database of the logistics department of an international industrial company to better understand its current state.
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