Two reasons: requirements and resolution.
1. Requirements: If you have a circuit that requires 50V, then an 8V power supply isn't going to work. Similarly, if you have a circuit that requires 10A, but your power supply can only provide 2A, then it isn't going to work.
2. Resolution: Digitally controlled power supplies use a DAC to set the output voltage and current. A DAC has a limited resolution (e.g., 1024 steps for a 10-bit DAC). The wider the range that must be supported by the power supply, the larger change each step of the DAC has on the output and, hence, less resolution (e.g., 1024V power supply controlled by a 10-bit DAC yields a very coarse resolution of 1V per step).
These reasons (along with cost) are also why every power supply isn't 1000V and 1000A. You choose the range to fit the requirements and resolution for the task.