information time lag
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2021 ◽  
Vol 248 ◽  
pp. 02066
Author(s):  
Runqi Li ◽  
Zhisen Wang

The continuous innovation and development of information technology and information infrastructure has driven the evolution of the supply form, and with the emergence of 5G, a mobile integrated communication system that includes communication access, interconnection, and connectivity of things, it has now evolved to a modern supply chain of the social organization collaborative type. This paper briefly describes the process of supply chain development, examines the role of communication technology in driving supply chain development, discusses the relationship between modern supply chain and social development and the support of 5G for modern supply chain, and illustrates the application of 5G in modern supply chain scenarios by reducing information time lag in market-side scenarios as an example.


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