Author(s)

Liu Xianli, Li Yanfeng

Corresponding Author

Liu Xianli

Abstract

Starting from the comparison between traditional supply chain and modern supply chain, the origin and concept of modern supply chain are gradually revealed in terms of time scope, market environment, operation mode, management mode, management responsibility and wisdom level. Further the paper illustrates the connotation of the modern supply chain from four aspects those are strategic positioning, production mode, achieving the goal and green development. Finally, the paper further conceived the definition of the connotation of modern supply chain, the deep integration of the Internet of Things, and the measurement of new kinetic energy in the modern economic system, and pointed out the direction for further exploration.

Keywords

Traditional Supply Chain; Modern Supply Chain; Review