Digitalization of manufacturing for implanting value, configuring circularity and achieving sustainability

Gyan Prakash and Kumar Ambedkar

Journal of Advances in Management Research, 2022, vol. 20, issue 1, 116-139

Abstract: Purpose - This paper explores the relationships between Industry 4.0-driven technologies and the circular economy-driven business model (CEDBM) components of value creation, delivery and capture along manufacturing processes. Design/methodology/approach - Based on the literature, a research model is developed in which the three CEBDM components are represented by five components: product service system (PSS), product design, industrial symbiosis (IS), consumer interaction and pay-per-use/rental. For each of these five components, enabling Industry 4.0 technologies are identified and vague interdependence relationships were assessed using a fuzzy decision-making trial and evaluation laboratory (DEMATEL) method. Findings - This paper contributes to the literature by exploring the relationships of the CEDBM components of value creation, value delivery and value capture with Industry 4.0-driven technological enablers. In addition, causal relationships between Industry 4.0 technologies and their relevance for facilitating CE-enabled manufacturing processes are identified, and finally, Industry 4.0-driven technological enablers of CE are categorized as base and front-end technologies. Research limitations/implications - The findings suggest that value delivery-based differentiation provides new avenues for value creation and innovative forms of value capture in CEDBMs. Practical implications - Practitioners can use the findings to develop a roadmap for Industry 4.0-driven technological solutions for CE. Social implications - CE-driven processes of manufacturing provide not only opportunities for value capture, creation and delivery but also avenues for customer-centric product and service development and effective resource utilization. Originality/value - This paper is the first to identify value creation, delivery and capture processes along with Industry 4.0-enabled manufacturing processes.

Keywords: Circular economy; Digitalization; Industry 4.0; Manufacturing processes; Sustainable operations; Value network (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:jamrpp:jamr-01-2022-0010

DOI: 10.1108/JAMR-01-2022-0010

Access Statistics for this article

Journal of Advances in Management Research is currently edited by Prof Ravi Shankar and Prof Surendra Yadav

More articles in Journal of Advances in Management Research from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().