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What is the evolution of the supply chain? - Digital Transformation Network

author:Digital Transformation Compass

What is Supply Chain? The development process of the supply chain can be traced back to the ancient era of barter, but with the development of human society and the prosperity of the economy, the supply chain has undergone many changes and upgrades.

What is the evolution of the supply chain? - Digital Transformation Network

What is the supply chain

What is the history of the supply chain? Here's a description of the supply chain's journey:

1. Traditional supply chain: Traditional supply chain refers to the supply chain model from the beginning to the middle of the 20th century. The main feature of the supply chain in this period is one-way logistics, that is, manufacturers send products to distributors or retailers through logistics. The supply chain under this model is inefficient and information sharing is insufficient, which can easily lead to inventory backlog and out-of-stock problems.

2. Modern supply chain: With the development of information technology and the acceleration of globalization, in the late 20th century, modern supply chains began to gradually take shape. The modern supply chain emphasizes information sharing and collaboration, and closely links the various node enterprises in the supply chain to form a network structure. This structure is able to better adapt to market changes and customer needs, improving the efficiency and flexibility of the supply chain.

3. Digital supply chain: Since entering the 21st century, with the development of Internet and Internet of Things technology, digital supply chain has gradually become a new trend in the supply chain field. The digital supply chain uses big data, artificial intelligence and other technologies to realize real-time monitoring and data analysis of the entire supply chain, thereby improving the transparency and intelligence of the supply chain.

4. Intelligent supply chain: With the development of artificial intelligence technology, intelligent supply chain has become the latest development trend. Through technologies such as machine learning and deep learning, the intelligent supply chain realizes automated decision-making and intelligent scheduling, which can better adapt to complex and changeable market needs and environmental changes.

The development process of the supply chain is a process of continuous upgrading and optimization, from traditional supply chain to modern supply chain, digital supply chain, and then to intelligent supply chain, each change brings new opportunities and challenges. In the future, with the continuous development and application of science and technology, the supply chain will be more intelligent, efficient and sustainable, creating greater value for enterprises.

What is the evolution of the supply chain? - Digital Transformation Network

The evolution of the supply chain

According to the information of the digital transformation network (enter China Digital Transformation Network in the search bar to learn more), the supply chain is a very important part of the digital transformation of enterprises. The digital transformation network has a large number of information and solutions about the supply chain, such as introducing the function of the supply chain, the value of the supply chain, excellent cases of the supply chain, the difference between the supply chain and the industrial chain, etc. If you are interested in supply chain digitalization and want to communicate with more colleagues who are interested in enterprise supply chain digitalization, you can also pay attention to the 5th East China CIO Conference &2023 China Digital Transformation Exhibition, enter the search bar: East China CIO Conference, you can learn more about registration and participation!

Translation;

The development process of the supply chain can be traced back to the ancient barter era, but with the development of human society and economic prosperity, the supply chain has undergone many changes and upgrades. The following is a description of the development of the supply chain:

1. Traditional supply chain: Traditional supply chain refers to the supply chain model from the early to the middle of the 20th century. The main feature of the supply chain in this period is one-way logistics, that is, the manufacturer sends the product to the distributor or retailer through logistics. The supply chain under this model is less efficient, information sharing is insufficient, and it is easy to lead to inventory overhang and stock shortage problems.

2. Modern supply chain: With the development of information technology and the acceleration of globalization, the modern supply chain began to take shape gradually in the late 20th century. Modern supply chain emphasizes information sharing and collaborative cooperation, which closely links each node enterprise in the supply chain and forms a network structure. This structure can better adapt to market changes and customer needs, improving the efficiency and flexibility of the supply chain.

3. Digital supply chain: Since entering the 21st century, with the development of Internet and Internet of Things technology, digital supply chain has gradually become a new trend in the field of supply chain. Digital supply chain uses big data, artificial intelligence and other technologies to achieve real-time monitoring and data analysis of the whole process of the supply chain, thereby improving the transparency and intelligence level of the supply chain.

4, intelligent supply chain: With the development of artificial intelligence technology, intelligent supply chain has become the latest development trend. Intelligent supply chain through machine learning and deep learning and other technologies to achieve automated decision-making and intelligent scheduling, can better adapt to complex and changeable market demand and environmental changes.

The development process of supply chain is a process of continuous upgrading and optimization, from traditional supply chain to modern supply chain, digital supply chain, and then intelligent supply chain, each change brings new opportunities and challenges. In the future, with the continuous development and application of science and technology, the supply chain will be more intelligent, efficient and sustainable, and create greater value for enterprises.