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Industry 4.0 Technologies In The Context Of Supply Chain Management 4.0
2023
Journal:  
The Online Journal of Distance Education and e-Learning
Author:  
Abstract:

The advent of Industry 4.0 has brought about significant transformations across various sectors, including Supply Chain Management (SCM). This paper aims to explore the integration of Industry 4.0 technologies (I4.0T) within the context of SCM 4.0. It provides an overview of the key concepts and principles of Industry 4.0 and examines their implications for supply chain operations. The paper highlights the prospective advantages of I4.0T in optimizing supply chain processes, enhancing efficiency, and enabling real-time visibility and decision-making. It discusses the role of technologies such as the internet of things (IoT), big data analytics (BDA), artificial intelligence (AI), robotics, and blockchain in driving the digital transformation of supply chains. Furthermore, the paper addresses the challenges and considerations relating to taking up I4.0T in SCM, including data security and privacy concerns, organizational change management, and the need for crossfunctional collaboration. Case studies and examples from various industries are presented to illustrate the practical application of I4.0T in improving supply chain performance. These examples showcase how organizations have leveraged advanced technologies to achieve greater agility, responsiveness, and resilience in their supply chain operations. Finally, the paper concludes with insights into the future directions of Industry 4.0 along with its effect on SCM. It emphasizes the importance of continuous learning and adaptation for organizations to stay competitive in the evolving digital landscape. Overall, this paper contributes to the understanding of I4.0T and their consequences for SCM, providing useful information and guidance for organizations seeking to embrace the opportunities presented by the digital revolution in the context of SCM 4.0.

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The Online Journal of Distance Education and e-Learning

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

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