The Importance of Digital Transformation (5.0) in Supply Chain Optimization: An Empirical Study

The topic of digital transformation in supply chain optimization has garnered considerable attention in recent years due to its importance. The purpose of the study was to offer empirical evidence and insights into the advantages and obstacles linked with digital transformation in supply chain manag...

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Main Authors: Chidozie Bernardine, Ramos Ana, Ferreira José, Ferreira Luis Pinto
Format: Article
Language:English
Published: Sciendo 2024-03-01
Series:Production Engineering Archives
Subjects:
Online Access:https://doi.org/10.30657/pea.2024.30.12
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author Chidozie Bernardine
Ramos Ana
Ferreira José
Ferreira Luis Pinto
author_facet Chidozie Bernardine
Ramos Ana
Ferreira José
Ferreira Luis Pinto
author_sort Chidozie Bernardine
collection DOAJ
description The topic of digital transformation in supply chain optimization has garnered considerable attention in recent years due to its importance. The purpose of the study was to offer empirical evidence and insights into the advantages and obstacles linked with digital transformation in supply chain management. To investigate the effects of digital transformation on supply chain optimization, the research employs a hybrid methodology and comprehensive approach that includes a thorough literature review, the creation of a theoretical framework, and the presentation of empirical finings through various case studies using the predefined selection criteria. The case analyses highlight crucial elements that support effective digital transformations, including real-time data analytics, teamwork, blockchain technology, digital twin augmented and virtual reality and collaborative robots. The practical implications from the findings of this study, proffers insights that can be extremely helpful for professionals in various industrial sectors and businesses planning similar digital transformation journeys. This empirical study with regards to the implication of Digital transformation 5.0 on supply chain management is novel to the body of literature. It is however necessary to conduct more study to confirm the results, apply them to a wider range of businesses, and investigate different aspects of digital transformation in supply chain optimization.
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spelling doaj.art-e8b7f8c509104fa2b4b196b7a5afce782024-02-26T14:30:19ZengSciendoProduction Engineering Archives2353-77792024-03-0130112713510.30657/pea.2024.30.12The Importance of Digital Transformation (5.0) in Supply Chain Optimization: An Empirical StudyChidozie Bernardine0Ramos Ana1Ferreira José2Ferreira Luis Pinto31GOVCOPP, DEGEIT, University of Aveiro, 3810-193Aveiro, Portugal1GOVCOPP, DEGEIT, University of Aveiro, 3810-193Aveiro, Portugal1GOVCOPP, DEGEIT, University of Aveiro, 3810-193Aveiro, Portugal2ISEP, Polytechnic of Porto, R. Dr. António Bernardino de Almeida, 4249-015Porto, Portugal. INEGI - Associate Laboratory for Energy, Transports and Aerospace, R. Dr. Roberto Frias 400, 4200-465Porto, PortugalThe topic of digital transformation in supply chain optimization has garnered considerable attention in recent years due to its importance. The purpose of the study was to offer empirical evidence and insights into the advantages and obstacles linked with digital transformation in supply chain management. To investigate the effects of digital transformation on supply chain optimization, the research employs a hybrid methodology and comprehensive approach that includes a thorough literature review, the creation of a theoretical framework, and the presentation of empirical finings through various case studies using the predefined selection criteria. The case analyses highlight crucial elements that support effective digital transformations, including real-time data analytics, teamwork, blockchain technology, digital twin augmented and virtual reality and collaborative robots. The practical implications from the findings of this study, proffers insights that can be extremely helpful for professionals in various industrial sectors and businesses planning similar digital transformation journeys. This empirical study with regards to the implication of Digital transformation 5.0 on supply chain management is novel to the body of literature. It is however necessary to conduct more study to confirm the results, apply them to a wider range of businesses, and investigate different aspects of digital transformation in supply chain optimization.https://doi.org/10.30657/pea.2024.30.12digital transformationsupply chain optimizationindustry 5.0
spellingShingle Chidozie Bernardine
Ramos Ana
Ferreira José
Ferreira Luis Pinto
The Importance of Digital Transformation (5.0) in Supply Chain Optimization: An Empirical Study
Production Engineering Archives
digital transformation
supply chain optimization
industry 5.0
title The Importance of Digital Transformation (5.0) in Supply Chain Optimization: An Empirical Study
title_full The Importance of Digital Transformation (5.0) in Supply Chain Optimization: An Empirical Study
title_fullStr The Importance of Digital Transformation (5.0) in Supply Chain Optimization: An Empirical Study
title_full_unstemmed The Importance of Digital Transformation (5.0) in Supply Chain Optimization: An Empirical Study
title_short The Importance of Digital Transformation (5.0) in Supply Chain Optimization: An Empirical Study
title_sort importance of digital transformation 5 0 in supply chain optimization an empirical study
topic digital transformation
supply chain optimization
industry 5.0
url https://doi.org/10.30657/pea.2024.30.12
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