Application of MCDM tool for analysis of factors influencing integration of Industry 4.0 with agile manufacturing
M. Sunantha,
Akanksha,
Samiksha Meshram and
S. Vinodh
International Journal of Productivity and Quality Management, 2023, vol. 40, issue 2, 197-217
Abstract:
The automotive sector usually has a benefit due to commonality of vehicle parts, but planners still find it difficult to keep a balance. From one vendor to different vendors, they must meet niche demands. To keep a balance between these differences, cost effectiveness and ensuring product quality is a big challenge for them. For this, they need to ensure integration between customer and manufacturer at various stages i.e., design, manufacturing, sales, and marketing, etc. Overcoming all limitations without technological advancement is technically not possible for the firms. Thus, this problem helps in the integration of agile manufacturing (AM) and Industry 4.0. Industry 4.0 could make firms more competitive and profitable by increasing flexibility and productivity. The identified factors are prioritised using multi criteria decision making (MCDM) tool. The outcome of this work will be helpful in assisting the firms to become more agile using Industry 4.0.
Keywords: Industry 4.0; agile manufacturing; AM; internet of things; industrial internet of things; augmented and virtual reality; enterprise resource planning. (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijpqma:v:40:y:2023:i:2:p:197-217
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