Digitization of the supply chain is a process of bringing all links in the supply chain – from procurement to production, distribution, and customer service – into one connected digital network. It involves leveraging data-driven analytics and technologies like the Internet of Things (IoT), blockchain, cloud computing, artificial intelligence (AI) and machine learning to create an integrated system for managing essential supply chain operations. By digitizing the entire supply chain process, businesses are able to increase efficiency, reduce cost,and improve business performance. Digitization of the supply chain gives companies better visibility of their suppliers, customers, products, and processes, as well as greater agility in responding to changes in market conditions.