According to example configurations as described herein, a power supply system includes a unique circuit including an analog summer circuit, an analog-to-digital converter, and a digital controller. An output voltage feedback control loop of the power supply system feeds back the output voltage to the analog summer circuit. The analog summer circuit generates an analog error voltage signal based on: i) the output voltage received from the output voltage feedback loop, ii) an analog reference voltage signal, and iii) an analog reference voltage adjustment signal. The analog reference voltage adjustment signal varies depending on a magnitude of current provided by the output voltage to the dynamic load. Accordingly, the analog summer circuit can be configured to support adaptive voltage positioning. The analog-to-digital converter converts the analog error voltage signal into a digital error voltage signal. A controller generates output voltage control signal(s) based on the digital error voltage signal.