THE INFLUENCE OF INDUSTRY 4.0 ON TRANSPORT AND LOGISTICS IN CONTEXT OF SUPPLY CHAINS

Kresimir Buntak (), Matija Kovacic () and Maja Mutavdzija ()
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Kresimir Buntak: University North, Croatia
Matija Kovacic: University North, Croatia
Maja Mutavdzija: University North, Croatia

Business Logistics in Modern Management, 2021, vol. 21, 403-422

Abstract: Industry 4.0 was first mentioned in 2011 and is based on cyber-physical systems (CPS) that enable remote control and management of different systems. Other than CPS, there are several different technologies within Industry 4.0 such as artificial intelligence (AI), big data, cloud computing, etc. Mentioned technologies affect different industries such as transport, logistics and supply chain. Accordingly, this paper aims to analyse the impact of Industry 4.0 on the supply chain through the prism of transport and logistics. The paper is based on secondary research and used methods are synthesis and analysis, description method and comparison. Research finds that Industry 4.0 has an impact on transport and logistics by making related processes more flexible. There is also the possibility of creating an autonomous system that can be included in the supply chain, which is an intelligent system that can decide and implement different technologies that could mutually interoperate. Research also finds that with the advantages of such systems, some significant challenges and risks are mostly related to the security and reliability of the created system.

Keywords: SMART logistics; SMART transport; digital transformation; supply chain management (search for similar items in EconPapers)
Date: 2021
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