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The Impact and Challenges of Digital Transformation on Supply Chain Resilience in Physical Enterprises
- 1 Logistics Engineering College, Chongqing Finance and Economic College, Chongqing, China, 401320
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Abstract
Abstract: In the digital era, supply chain resilience (SCR) has become a key pillar of the real economy. Enterprises face various challenges, including cybersecurity threats, market volatility, technological change and changing global conditions. A strong SCR not only ensures continued business operations but also maintains market stability and consumer well-being. Digital transformation helps businesses anticipate market changes, optimize inventory management, improve operational efficiency, and assist in management decisions when necessary by providing unprecedented data transparency and real-time insights. The purpose of this paper is to examine the extent of digital transformation in the supply chains of physical firms globally through a literature review, to identify the factors influencing the resilience of digital transformation in the supply chains of physical firms, and to discover the barriers to digital transformation in the supply chains of physical firms. The study finds that the digital transformation of physical firms' supply chains is still in its infancy, and there are barriers at both managerial and physical levels. Solutions to address these barriers include enhancing employee training, correctly introducing appropriate digital technologies, and improving information security.
Keywords
Keywords: Supply chain resilience, Digital transformation, Challenges, Solutions
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Cite this article
Li,R. (2024).The Impact and Challenges of Digital Transformation on Supply Chain Resilience in Physical Enterprises.Advances in Economics, Management and Political Sciences,122,1-5.
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Volume title: Proceedings of the 8th International Conference on Economic Management and Green Development
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