Industry 4.0 enables supply chain resilience and supply chain performance
Ghulam Qader,
Muhammad Junaid,
Qamar Abbas and
Muhammad Shujaat Mubarik
Technological Forecasting and Social Change, 2022, vol. 185, issue C
Abstract:
Drawing on information processing theory and resource-based view (RBV), this study examines the impact of industry 4.0 on supply chain performance (SCP). The study also explores how supply chain resilience (SCRes) and supply chain visibility (SCV) influence the association between Industry4.0 and SC performance. Cross-sectional data was collected from 458 respondents working in food, beverage, and pharmaceutical companies using a close-ended questionnaire. The study employed partial least square structural equation modeling (PLS-SEM) to analyze the hypothesized relationships. The findings confirmed a significant and substantial impact of Industry4.0 on SC performance. Similarly, findings also depicted a significant mediating role of SCRes between Industry 4.0 and SCP. Furthermore, results also found a significant moderating role of SCV in a way that it reinforced the impact of Industry 4.0 on SCRes. This study provides an understanding of Industry 4.0 applications and their role between SCRes and SCV. The results of the study suggest the adoption of Industry 4.0 technologies uplifts SC resilience and SC performance thereon.
Keywords: Industry 4.0; IoT; Machine learning; Supply chain resilience; Supply chain visibility; Supply chain performance (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (15)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:185:y:2022:i:c:s0040162522005479
DOI: 10.1016/j.techfore.2022.122026
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