Industry 4.0 Implementation Drivers in Manufacturing Companies in Algeria: A Structural Analysis via ISM Method
Mohamed Amine Benghouala () and
Hicham Benamirouche ()
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Mohamed Amine Benghouala: High National School of Statistics and Applied Economics, Algeria
Hicham Benamirouche: Research Center in Applied Economics for Development- CREAD, Algeria
Management and Economics Review, 2024, vol. 9, issue 1, 184-203
Abstract:
The new industrial era is characterised by an incredible speed of development, in addition to fierce competition, which prompts companies to quickly adopt Industry 4.0 to maintain their position in the future industrial market. This paper aims to identify the main drivers that facilitate the implementation of Industry 4.0 in manufacturing companies in Algeria. The Interpretative Structural Modelling (ISM) method and the Cross-Impact Matrix Multiplication Applied to a Ranking (MICMAC) method were used. The ISM-MICMAC method aims to determine interrelationships and levels of influence between different factors. This allows the identification of the key drivers for the success of Industry 4.0 implementation in manufacturing companies. The results showed that awareness of the concept of Industry 4.0, research and development, support and vision of senior management, and society acceptance of the technology, in addition to cooperation and openness, are the most important drivers that contribute to the success of the implementation of Industry 4.0. Moreover, improving production, maintenance efficiency, and improving mass customisation also play a crucial role in the adoption of Industry 4.0 in manufacturing companies.
Keywords: Algeria; digital technologies; Industry 4.0; Interpretative Structural Modelling (ISM); manufacturing. (search for similar items in EconPapers)
JEL-codes: L60 L86 O14 O33 O55 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:rom:merase:v:9:y:2024:i:1:p:184-203
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