An Analytical Framework for Smart Supply Chains 5.0

Abstract

Supply Chain 5.0 is the latest change in the continuous management system of procurement and supply chain in the new era. This concept describes the use of transformative technologies such as artificial intelligence (AI), blockchain, the internet of things, and big data analytics to create a continuous network of self-managing supply chain nodes. This system is an ecosystem that combines different technologies simultaneously to create an integrated network and to create a sustainable, resilient, and human-centered process-oriented system. This research has tried to identify the main actors and provide an analytical framework by examining the dimensions and components of this intelligent system. Understanding this framework is always an effective guide for the powerful implementation of this smart system.