The Risk-Management of Supply Chains in the Conditions of Digital Economy

• Main Authors: Vitlinskyi Valdemar V., Skitsko Volodymyr I.
• Format: Article
• Language: English
• Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2018-04-01
• Series: Bìznes Inform
• Subjects: digital economy; supply chain; risk; artificial intelligence; cognitive technologies
• Online Access: http://www.business-inform.net/export_pdf/business-inform-2018-4_0-pages-384_392.pdf

Having analyzed a number of recent publications on the researched problem, authors of the article have formulated the basic concepts of risk-management and have described the basic steps of risk-management of supply chains of physical, physical-digital and digital production in conditions of digital economy. The risk of the supply chain of physical products in the conditions of digital economy is an economic category that reflects the features of management of enterprises – participants in the supply chain of objectively existing hazards and threats, unreliability of various means and technologies, level of knowledge, uncertainty and conflict, absence of comprehensive information at the moment of decision-making in the processes of material flow and accompanying its information flows throughout the chain of supply. For the supply chains of digital and physical-digital products, the indicated definition of risk will be similar, specifying that the material flow will have a digital and physical-digital representation, respectively. The article also identifies the sources of risk, defines the subject and the object of risk; subject and object of risk-management of supply chains of physical, physical-digital, and digital products. The obtained results of researches can be used at development and introduction of system of risk-management of supply chains or adaptation of an existing one for the purpose of increase of efficiency of implementation of risk management and consideration of modern trend of economy development.