Industry 4.0: Drivers and Challenges in Developing the Smart Supply Chain Management

Nora Azima Noordin ()
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Nora Azima Noordin: Sharjah Women’s Campus

A chapter in Sustainable Development Through Data Analytics and Innovation, 2022, pp 97-111 from Springer

Abstract: Abstract The technology in supply chain today has evolved significantly; to be more efficient and offers value added to the manufacturing firms. The concept of Industry 4.0 in supply chain management denotes the transformation of manufacturing processes through digitalization and automation. It has the potential to provide high-impact transition to supply chain management as a whole. Thus, to transform from the conventional supply chain to the smart supply chain management, it requires a thorough assessment in terms of the drivers that are able to motivate the manufacturing firms and also the challenges that might encounter if the manufacturing firms consider to adopt the concept of Industry 4.0 in the supply chain management. The purpose of this paper is to analyze the drivers and challenges of adoption of the concept of Industry 4.0 in order to create smart supply chain management using a systematic review.

Keywords: Industry 4.0; Supply chain management; Smart supply chain management; Internet of things; IoT (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prochp:978-3-031-12527-0_7

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DOI: 10.1007/978-3-031-12527-0_7

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