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The Formation of a Powerful, Smart and Safe Supply Chain System for Manufacturing Industry (No. 36, 2020)

2020-04-08

By Wei Jigang, Research Department of Industrial Economy, DRC & Liu Weihua, Tianjin University

Research Report, No. 36, 2020 (Total 5780) 2020-3-16

Abstract: Competition between enterprises in different countries in the 21st century is essentially the one between supply chains. In the context of a new round of technological revolution and industrial changes, the world trade and investment protectionism is rearing its ugly head. As a result, the logic of global industrial division of labor is changing, global supply chain system for manufacturing industry is undergoing destruction and reconstruction, and supply chain is evolving toward a shortened one and featured by agility, intelligence, ecology, safety and environmental-friendliness. Compared with manufacturing powers in the world, China’s supply chain system for manufacturing industry still stays at the primary stage with short links in its system tenacity, control over key links, managerial expertise and the application and innovation of supply chain. Viewing from strategic perspective, priority needs to be given to the construction of supply chain system for manufacturing industry. Efforts need to be made to strengthen supply chain safety, enhance its core technical capability, improve relevant fundamental infrastructure construction, accelerate the innovation and application of smart supply chain, forge supply chain leading enterprises, push ahead with the cultivation of relevant skilled personnel and actively participate in the formulation of global supply chain regulations.

Key words: manufacturing industry, supply chain, safety, intelligence