Impact of Digitalization on the Efficiency of Supply Chain Management in the Digital Economy

Introduction

Supply chain management (SCM) concepts effectively respond to the need to address the resource constraints faced by all logistics companies. The issues of resource constraints, as well as differences in the goals of the participants, varying strategies of supply chain links, and scaling of supply chains, can result in long-term conflicts that would reduce the overall supply chain quality. Therefore, modern SCM theory has formed a new set of requirements for assessing the effectiveness of supply. Hence, the top priority is given to the need of managing individual supply chain links, their high-quality assessment, and developing measures that facilitate an increase in the efficiency of functioning both individual links and the entire supply chain.

Currently, the effectiveness of SCM is considered based on the results of the SCM system to its operating costs; therefore, methods that involve a multi-criteria assessment of efficiency should be used (Clausen et al., 2013). SCM in the digital transformation of the economy and society is regarded as a means of developing various systems based on financial, information, material and labor flows combined to create a single information system to solve various problems. Optimization criteria for modern SCM systems are also different - reducing total costs of the supply chain, forming partnerships, increasing total profit, maximizing market coverage, etc. (Cudziło, Voronina, Dujak, & Kolinski, 2018). The concept of SCM based on digital technologies requires a change in the patterns and principles of enterprise interaction.

One of the objectives of the supply chain concept is to ensure the competitive advantages of the enterprise. The advantages can be gained due to efficient and coordinated operation supply chains; however, in the context of their dependence on various influences (external and internal factors), there is often a need to transform them to meet new market requirements, which can negatively affect the efficiency of the supply chain.

The digitalization of logistics and SCM processes influences almost all aspects of companies’ lives in the area under consideration. At the same time, the level of knowledge of the impact of digitalization and the digital environment on the effectiveness of SCM remains low. Precisely these factors predetermine the relevance of the current research.

In practice, the indicators obtained as a result of the research and verified by the authors can be used to improve government regulation in the field of supply, characterize the role and depth of digitalization in supply management, as well as to create digital profiles of individual countries in the context of SCM.