The digital supply chain merges the major business processes of all parties involved from the suppliers to the manufacturer and the end customer. The main value includes the acceleration of the production and logistics processes, and the reduction of data acquisition and the optimization.
The potential of a digitized value creation chain lies primarily in the acceleration of the production and logistics processes, the reduction of effort for data acquisition and the optimization of data security and consistency. With integrated networking, the digital value creation chain is able to overcome current media discontinuity. One example from the field of procurement: where a steel-processing company previously had to activate a complicated process via different media for purchasing and replenishment, in the future purchasing will be automated on the basis of predefined parameters. Companies today are already making use of digital value creation chains to optimize individual production islands and processes within their organization.
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