5G networks are the next generation of mobile internet connectivity, offering faster speeds and more reliable connections on smartphones and other devices than ever before. 5G will help power a huge rise in Internet of Things technology (extension of Internet connectivity into physical devices and everyday objects), providing the infrastructure needed to carry huge amounts of data, allowing for a smarter and more connected world.
The combination of cutting-edge 5G network technology with the vast amounts of supply chain data will allow true end-to-end supply chain orchestration, providing visibility at all tiers. The future will provide connections that are multitudes faster than current connections allowing for oceans of massive amounts of data to be combined in ways that we never dreamed could be possible. Imagine bringing together three different platforms — visibility, technology, and communication — to enable a more consumer-centric, demand-responsive supply chain.
Every person, process, and movement leaves a digital footprint in the supply chain. The data from these digital footprints is the fuel that powers the new generation of supply chain solutions. Harnessing this data will drive exponentially better supply chain performance with improved customer experience.
Tomorrow’s supply chains will be interconnected with the 5G digital ecosystems and instrumented by machine learning and artificial intelligence to intelligently create answers to questions or problems in real-time while learning. Real-time visibility, collaboration, and intelligent response capabilities for more intelligent scenario planning and profitable responses will lead to improved customer service and lower costs. The vision of real-time visibility and end-to-end orchestration is becoming a reality, and 5G network technology will certainly facilitate the rapid development of the digital Supply Chain.