SCIENCE@home

Applications of Industry 4.0 in Supply Chain Management: A Systematic Literature Review

Arvin Shadravan,H. Parsaei

Published 2023 in Proceedings of the International Conference on Industrial Engineering and Operations Management

ABSTRACT

In 2011, the German government introduced "Industry 4.0" as part of its high-tech strategy to maintain the competitiveness of the country's manufacturing sector and meet new challenges. This fourth industrial revolution relies on the Internet of Things (IoT), new technological advancements, real-time data transmission between products, customers, and manufacturing facilities, and the blending of virtual and physical worlds. End-to-end engineering and the integration of information and communication technologies are considered fundamental concepts and significant advancements in Industry 4.0. While the business sector plays a vital role in economic growth, the introduction of new technology and increased product and production complexity impact industrial companies and their workers. Critics of Industry 4.0 emphasize its technocratic focus on digitalization and new technology, despite its potential to increase economic values, competitiveness, productivity, and revenue growth. The integration of Industry 4.0 impacts all corporate operations, from purchasing and production to customer management, leading to significant changes in processes, communication, and relationships. Industry 4.0 introduces uncertainties, hazards, feedback cycles, and dynamics that pose challenges to modern production and logistics systems, supply chains, and Industry 4.0 networks. This study critically examines current applications and classifications of Industry 4.0 and proposes potential directions for future research. It suggests that interdisciplinary supply chain optimization methodologies must continue evolving, and collaboration between supply chain specialists and control engineers could enhance the realism of dynamic planning and modeling and the efficiency of supply chains, Industry 4.0 networks, and production and logistics systems. Lastly, this study examines developments in digital supply chain management and the trend toward the intellectualization of Industry 4.0.

PUBLICATION RECORD

  • Publication year

    2023

  • Venue

    Proceedings of the International Conference on Industrial Engineering and Operations Management

  • Publication date

    2023-06-15

  • Fields of study

    Not labeled

  • Identifiers
    DOI 10.46254/na8.20230419
  • External record

    Open on Semantic Scholar

  • Source metadata

    Semantic Scholar

CITATION MAP

EXTRACTION MAP

CLAIMS

  • No claims are published for this paper.

CONCEPTS

  • No concepts are published for this paper.

REFERENCES

Showing 1-50 of 50 references · Page 1 of 1

CITED BY