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The Impact of 5G Technology on the Digital Supply Chain and Operations Management Landscape
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Author(s): N. A. Natraj (Symbiosis Institute of Digital and Telecom Management, Symbiosis International University, India), T. Abirami (Kongu Engineering College, India), K. Ananthi (Sri Krishna College of Engineering and Technology, India), J. Arockia Venice (DMI-St. Eugene University, Zambia), R. Chandru (Sri Ramakrishna Engineering College, India)and C. R. Rathish (New Horizon College of Engineering, India)
Copyright: 2024
Pages: 23
Source title:
Applications of New Technology in Operations and Supply Chain Management
Source Author(s)/Editor(s): Atour Taghipour (University of Normandie, France)
DOI: 10.4018/979-8-3693-1578-1.ch015
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Abstract
The chapter discusses 5G's supply chain and operations management transformation possibilities. With its high bandwidth, low latency, and extensive connectivity, 5G changes supply chains. Statistical evidence shows 5G's rapid integration, growing market value, and worldwide economic impacts. This technology brings real-time visibility, predictive maintenance, efficient logistics, optimised inventory management, and data-driven demand forecasting to traditional practises. Organisations use 5G to improve efficiency, responsiveness, and competitiveness in case studies. 5G is depicted as a driving force in the digitalization revolution, necessary for organisations managing rapid change and unrelenting innovation. This chapter emphasises 5G's centrality to the digitalization revolution. It is more than a technological upgrade for organisations in a time of constant change and innovation. The authors aim to help businesses adapt, optimise, and thrive in the ever-changing supply chain and operations management landscape by revealing how 5G technology is changing supply chains.
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