In today's world, competition and cooperation among countries are increasingly deepening into competition and cooperation among global supply chains.
With the continuous deepening of international division of labor and the allocation of resources by multinational companies around the world, the global supply chain system is expanding and creating value, and whether the global supply chain can be at an advantage in global competition has become an important indicator to measure a country's global economic competitiveness.
European and American countries have upgraded the competition of global supply chains from the micro level of enterprises to the macro strategic level of countries.
Therefore, how to promote the integration and innovative development of the industrial chain, supply chain and value chain in the new round of global economic development, reshape competitiveness through the traction and drive of the supply chain, and achieve catch-up and leapfrogging, is a realistic problem facing the governments, industries and enterprises of emerging economy countries.
Since the 18th National Congress of the Communist Party of China, the Party Central Committee, with Comrade Xi Jinping at its core, has placed great importance on the development of China's supply chain, and has repeatedly called for the promotion of supply chain innovation to form a complete and efficient industrial supply chain.
The State Council has made a comprehensive deployment and arranged for the improvement of the quality and efficiency of economic development, with the supply chain and the Internet as the fundamental path of deep integration, information technology, standardization, credit system construction and talent training as the support, and the innovation of new concepts, new technologies and new models of supply chain, efficient integration of various resources and factors, and the improvement of industrial integration and collaboration level, to create a smart supply chain system supported by big data, networked sharing and intelligent collaboration.
At present, China's economy is at a critical stage of transformation from "high cost, high growth" to "low cost, medium-high growth".
In the new situation of stabilizing growth and adjusting the structure, supply chain, which is different from the traditional way of increasing investment and expanding production capacity, reshapes the blood and nerve of the market economy through cross-border integration and collaborative development, connects every link from front-end design, production to final consumption, and achieves supply and demand matching, so as to promote cost reduction and efficiency improvement, and thus becomes an important means to promote the structural reform of supply side.
Supply chain management optimizes internal and external processes within a company, integrates various resources, and enhances coordination from R&D and design, through production and manufacturing, to after-sales service. It addresses information asymmetry, improving the efficiency of coordination among different stages and across the supply chain. This systematic approach can reduce operational costs and transaction costs, and increase the overall productivity of a company.
McKinsey's research shows that operational transformation through supply chain and other means can increase labor productivity in China by more than 15 percent;by enhancing competitiveness through the development of global supply chains and other means, labor productivity can be increased by more than 10 percent.
Reduction of costs and improvement of efficiency is a long-term task and an important part of structural reform of the supply side.
1. Supply chain innovation and application can promote the transformation of the mode of development.
The supply chain focuses on optimizing resource allocation, and through the integrated supply chain service platform, it is possible to optimize internal and external processes of enterprises, integrate various resources, improve collaborative efficiency, systematically reduce the cost of economic operation, improve the productivity of all factors, and achieve the advanced form of economic development.
2. Supply chain innovation and application can promote the optimization of product structure.
Through cross-border integration, optimization, and innovation in the supply chain, new industries, new products and services, and new business operation models are created, achieving industrial optimization and product structure adjustment, and forming new growth points of the economy.
Three, Supply Chain Innovation and Application Can Create New Competitive Advantages
With the help of modern information technology, enterprises can improve the development level of circulation formats such as physical retailing, chain operation, logistics distribution and e-commerce by transforming traditional supply chains into visualized, networked and digitalized ones. This will connect with the "Made in China 2025" initiative and gradually shift the position of certain advantageous industries from the middle to the two ends of the "smile curve", thus enhancing the added value of "Made in China".
Therefore, to achieve medium-to-high-speed economic growth in the new normal economic context, it is necessary to rely on supply chain innovation and application, to optimize internal and external business processes, to promote the transformation of the mode of economic development, to improve economic efficiency, to optimize the industrial structure, to create new competitive advantages, and to cultivate new driving forces for economic development.
