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In recent years, the concept of Industry 4.0, called the fourth industrial revolution, has become increasingly popular. Application of automation, data exchange, cloud computing and the Internet of Things can transfer enterprises into a new reality and give an unprecedented greater opportunity to effectively compete with current market moguls and gain competitive advantage on the market. The following questions arise: How to successfully implement the concept of Industry 4.0? How to manage emerging, new supply chains to make their efficiency very high?High volatility and unpredictability of the environment of modern enterprises causes the need for frequent changes of strategy in order to use the emerging market opportunities and avoid threats. As a result of the development and popularization of the Industry 4.0 concept, this trend is intensifying. For this reason, there is a need to create new solutions, methods and procedures to support the supply chain management in such a way that its efficiency is very high and dynamic, continuously growing.The article proposes a new approach to supply chain management, the main objective of which is to support the process of implementing the Industry 4.0 concept. The application of the Balanced Scorecard method to the management and control of modern supply chains has been proposed. Thanks to the introduction of significant areas to the strategy map the proposed approach effectively supports the Industry 4.0 implementation eliminating some threats and allows to effectively manage the emerging modern supply chains based on building and control the implementation of a frequently updated strategy.

Keywords: Management of supply chain, Industry 4.0, Strategy of supply chain, Balanced Scorecard

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