Smart Objects and Smart Finance for Supply Chain Management Witthaut Markus Deeken Henning Sprenger Philipp Gadzhanov Petyo David Marcel Logistic transport processes are highly distributed and often subject to disturbances, as they are embedded in dynamic environments that prohibit tight control, as many third-party actors and influences exist. Classical approaches for planning and controlling supply chains based on centralized architectures often encounter their limits managing processes at runtime, due to inherent latencies. Decentralized approaches promise a more robust and timely control. The project SOFiA strives to elevate the machines and objects themselves to smart objects, equipped with an understanding of processes and capable of independent decision-making, rather than a centralized server-based system. This paper discusses the project’s decentralized control architecture and the integration of semantic process models with event-discrete simulations as well as smart payment technology to provide an integrated solution for planning, controlling, monitoring and accounting of logistic processes. Supply Chain Management digitalization smart finance smart objects supply chain 620 periodical academic journal Logistics Journal : referierte Veröffentlichungen 2017 10 2017 1860-5923 urn:nbn:de:0009-14-46101 10.2195/lj_NotRev_witthaut_en_201710_01 http://nbn-resolving.de/urn:nbn:de:0009-14-46101 witthaut2017