EconPapers    
Economics at your fingertips  
 

How Digital Transformation is Reshaping the Manufacturing Industry Value Chain: The New Digital Manufacturing Ecosystem Applied to a Case Study from the Food Industry

Marco Savastano (), Carlo Amendola and Fabrizio D’Ascenzo ()
Additional contact information
Marco Savastano: Sapienza University
Fabrizio D’Ascenzo: Sapienza University

A chapter in Network, Smart and Open, 2018, pp 127-142 from Springer

Abstract: Abstract The rapid development and adoption of Internet and digital technologies dramatically changed business processes, leading to a disruptive digital transformation of the whole industry value chain. The so-called Industry 4.0 refers to a complex evolution of the entire industrial sector that includes technological advances in production equipment (i.e. Additive Manufacturing), smart finished products (IoT), data tools and analytics, involving activities and stakeholders at all levels. Therefore, companies need to completely redesign their business processes and models in order to achieve the important benefits disclosed by these new settings. Even though actual and potential advantages are remarkable, only a limited number of companies has already made rapid advances by developing high digital capabilities necessary to obtain a competitive advantage. The purpose of this paper is to explore this emerging trend through a case study carried out with an Italian company world leader in the food industry, aiming to shed light on opportunities and threats connected to digital transition.

Keywords: Industry 4.0; Digital transformation; Business process digitalization; Industrial internet; Manufacturing industry value chain; Additive manufacturing; Direct digital manufacturing; Innovation; Internet of things; New product development; Value Co-creation; SMEs (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:lnichp:978-3-319-62636-9_9

Ordering information: This item can be ordered from
http://www.springer.com/9783319626369

DOI: 10.1007/978-3-319-62636-9_9

Access Statistics for this chapter

More chapters in Lecture Notes in Information Systems and Organization from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-01
Handle: RePEc:spr:lnichp:978-3-319-62636-9_9