Challenges and Its ways to Cope Up with New Digital Techniques in this Digital Supply Chain Management Era

Abstract

This paper is an extension to the previous paper based on the digital supply chain framework and its importance, its need to digitalize various parts of the supply value chain. In this paper, we discuss about how to overcome the challenges of traditional supply chain such as Inventory management accuracy, warehouse efficiency, smarter planning, and risk management, on time delivery and high transparency between the tiers, also suggested various analytical strategies and application of Machine Learning technology with its pros and cons on overall framework.