Prioritization of important factors towards the status of industry 4.0 implementation utilizing AHP and ANP techniques

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Dheeraj Nimawat ◽  
B.D. Gidwani
Keyword(s):  
Sensitivity Analysis ◽  
Industry 4.0 ◽  
Relevant Literature ◽  
Analytic Network Process ◽  
Essential Elements ◽  
Critical Factors ◽  
Content Type ◽  
The Status ◽  
Recent Initiative ◽  
Implementation Status

PurposeThe purpose of the paper is to visualize the priorities of important factors towards the status of Industry 4.0 implementation in Indian manufacturing industries by utilizing the analytic hierarchy process (AHP) and analytic network process (ANP) techniques.Design/methodology/approachBased on a review of relevant literature, the authors recognized four criteria and 16 critical factors that have been validated by academic and industry experts. AHP and ANP models are then developed to evaluate the requirements and essential elements of the Industry 4.0 implementation. The outcomes were validated with the aid of sensitivity analysis.FindingsThe above models offer the industry a clear and straightforward way to understand the critical factors in the status of Industry 4.0 implementation. The two techniques have emerged to be influential in deciding the status of Industry 4.0 implementation. The two methods yielded almost identical outcomes. Both methods take into account the industry's specific needs based on their available capacity.Practical implicationsDecision-makers and specialists will use the strategies discussed in this paper to effectively include the implementation status of Industry 4.0 in their industries, based on their ability to make arrangements for proper implementation of Industry 4.0 and to concentrate on top priority factors when implementing Industry 4.0 at their workplace.Originality/valueThe contribution of this research is that it is the first to be carried out with a view to both AHP and ANP to analyze important factors regarding the implementation status of Industry 4.0 and authentication through sensitivity analysis methods; this is a recent initiative in Industry 4.0.

scholarly journals Implementing Industry 4.0: assessing the current state

2020 ◽  
Vol 31 (5) ◽  
pp. 825-836
Author(s):  
Roland Ortt ◽  
Claire Stolwijk ◽  
Matthijs Punter
Keyword(s):  
Industry 4.0 ◽  
Large Scale ◽  
The State ◽  
Successful Implementation ◽  
Manufacturing Companies ◽  
Special Issue ◽  
Measurement Instruments ◽  
Content Type ◽  
Research Questions ◽  
Implementation Status

PurposeThe purpose of this paper is to introduce, summarize and combine the results of 11 articles in a special issue on the implementation of Industry 4.0. Industry 4.0 emerged as a phenomenon about a decade ago. That is why, it is interesting now to explore the implementation of the concept. In doing so, four research questions are addressed: (1) What is Industry 4.0? (2) How to implement Industry 4.0? (3) How to assess the implementation status of Industry 4.0? (4) What is the current implementation status of Industry 4.0?Design/methodology/approachSubgroups of articles are formed, around one or more research questions involving the implementation of Industry 4.0. The articles are carefully analyzed to provide comprehensive answers.FindingsBy comparing definitions systematically, the authors show important aspects for defining Industry 4.0. The articles in the special issue explore several cases of manufacturing companies that implemented Industry 4.0. In addition, systematic approaches to aid implementation are described: an approach to combine case-study results to solve new implementation problems, approaches to assess readiness or maturity of companies regarding Industry 4.0 and surveys showing the status of implementation in larger samples of companies as well as showing relationships between company characteristics and type of implementation. Small and large firms differ considerably in their process of implementing Industry 4.0, for example.Research limitations/implicationsThis special issue discusses implementation of Industry 4.0. The issue is limited to 11 articles, each of which with its own strengths and limitations.Practical implicationsThe practical relevance of the issue is that it focuses on the implementation of Industry 4.0. Cases showing successful implementation, measurement instruments to assess degree of implementation and advice how to build a database with cases together with large-scale studies on the state of implementation do provide a wealth of information with a large managerial relevance.Originality/valueThe paper introduces an original take on Industry 4.0 by focusing on implementation. The special issue contains both literature reviews, articles describing case studies of implementation, articles developing systematic measurement instruments to assess degree of implementation and some articles reporting large-scale studies on the state of implementation of Industry 4.0 and thereby combine several perspectives on implementation of Industry 4.0.

Prioritizing the vaccine supply chain issues of developing countries using an integrated ISM-fuzzy ANP framework

2019 ◽  
Vol 15 (1) ◽  
pp. 112-165 ◽  
Author(s):  
Dheeraj Chandra ◽  
Dinesh Kumar
Keyword(s):  
Developing Countries ◽  
Supply Chain ◽  
Relevant Literature ◽  
Analytic Network Process ◽  
Decision Makers ◽  
Interpretive Structural Modeling ◽  
Content Type ◽  
Vaccination Programs ◽  
Network Process ◽  
Key Issues

Purpose Delivering vaccines to the children who need them requires a supply chain that is efficient and effective. In most of the developing countries, however, the unknown and unresolved supply chain issues are causing inefficiencies in distributing vaccines. There is, therefore, a great need in such countries to recognize the issues that cause delays in vaccine delivery. With this purpose, the present study aims to identify and analyze the key issues in the supply chain of basic vaccines required to immunize children in developing countries. Design/methodology/approach Based on a field survey of three states of India, in-depth review of relevant literature and experts’ opinions, 25 key issues were recognized as factors of the vaccine supply chain (VSC) and categorized into five main domains. Using integrated interpretive structural modeling and fuzzy analytic network process approaches, the issues have been prioritized to determine their relative importance in the VSC. In addition, a sensitivity analysis has been performed to investigate the priority stability of the issues. Findings The results of the analysis show that among the five domains of VSC issues, the economic domain with a weight of 0.4262 is the most important domain, followed by the management (0.2672), operational (0.2222), environmental (0.0532) and social (0.0312). Research limitations/implications This study focuses on the prioritization of VSC issues; therefore, the results of the present study can provide direction to the decision-makers of immunization programs of developing countries in driving their efforts and resources on eliminating the most important obstacles to design successful vaccination programs. Originality/value To the authors’ knowledge, this paper is first to provide a direction to the decision-makers in identifying and managing important issues through the use of an analytical approach.

Digital transformation priorities of India’s discrete manufacturing SMEs – a conceptual study in perspective of Industry 4.0

2020 ◽  
Vol 30 (3) ◽  
pp. 289-314 ◽  
Author(s):  
Gautam Dutta ◽  
Ravinder Kumar ◽  
Rahul Sindhwani ◽  
Rajesh Kumar Singh
Keyword(s):  
Industry 4.0 ◽  
Performance Metrics ◽  
Relevant Literature ◽  
Digital Technologies ◽  
Indian Society ◽  
Content Type ◽  
Maturity Assessment ◽  
Discrete Manufacturing ◽  
Assessment Survey ◽  
Functional Areas

Purpose Manufacturing excellence is critical to our nation’s economy. Indian Government’s National Manufacturing Policy, drafted in 2011, is being revamped to include the aspects of Industry 4.0. Initiatives, both led and assisted by government and industries, are being launched to catalyze and transform India’s manufacturing competencies. This paper aims to study the functional areas which can potentially leverage Industry 4.0 technologies and help India’s manufacturing establishments to transform. It does so in context of the aspirations of India’s small and medium discrete manufacturing establishments (SMME) towards adopting digital technologies for the identified functional areas. The study draws its context from the relevant literature review intended to examine the academic articles published until the end of September 2018, followed by a maturity assessment survey of Indian SMMEs to establish priority areas Design/methodology/approach The literature survey has been complemented with a maturity survey of more than 250 of Indian SMMEs to establish adoption gaps by comparing proficiency and sophistication of their present status and proposed adoption aspirations by 2020. The assessment of the organizational aspirations and gap areas identified is expected to indicate which of the Industry 4.0 elements can be adopted by them. Findings The maturity survey undertaken throws up several insights – Indian SMME community’s self-assessment indicates operational measurements followed by manufacturing and design interventions as the aspired transformation cycle. The survey indicates that manufacturers would like to make changes to their design and manufacturing strategies based on performance metrics; therefore, they need to first capture real-time machine data, analyze and then incorporate the resulting improvements in manufacturing and design decisions in that order. Research limitations/implications The maturity assessment method itself is in evolution stage, and future correlations with benefits will strengthen observations. Industry 4.0 being relatively new initiative for India, availability of country-specific academic literature is limited. The maturity assessment survey undertaken across organizations of North, West and South India therefore carries the risk of not reflecting the views of a wider population. The current maturity, or the lack of it, of proficiency and readiness of India’s SMMEs with respect to digital technologies may also be a barrier to self-examine. Practical implications This research is expected to provide insight into priorities to be adopted for digital-centric transformation by Indian SMMEs. It is expected to facilitate policymakers and influencers from government and industry to help frame policies that facilitate the adoption of digital technologies by Indian SMMEs and facilitate India’s technical education community to adopt skill development programs to support industry. It is expected to provide guidance to India’s academic institutions to rejig their curriculums to help bridge the critical skills gap that exists between newly inducted engineering professionals and industry. Social implications Digitalization is expected to foster lean and therefore support sustainability initiatives. Digitalization is expected to help create new, alternative sources of employment which are more relevant to emerging times and foster unlearning the past and relearning of new skills. This emerging diversity of engineering applications resulting from digitalization is expected to also support the larger and poorer agricultural community of India and help the sector to become more efficient and productive, which in turn will reduce economic alienation of a large section of Indian society. Originality/value Industry 4.0 has been identified as the transformational initiative for India’s manufacturing competitiveness. Indian manufacturing sector needs to urgently implement the digital technologies and improve their performance and remain relevant in this dynamic market. This research will help guide them to frame their respective digital strategies and be successful. This research will help government and industry influencers to plan and execute their interventions.

Narrowing the barriers to Industry 4.0 practices through PCA-Fuzzy AHP-K means

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shailendra Kumar ◽  
Mohd. Suhaib ◽  
Mohammad Asjad
Keyword(s):  
Industry 4.0 ◽  
Cost Benefit Analysis ◽  
Fuzzy Ahp ◽  
Relevant Literature ◽  
Cost Benefit ◽  
Principal Component ◽  
Benefit Analysis ◽  
New Production ◽  
Major Barrier ◽  
Content Type

PurposeThe study aims to analyze the barriers in the adoption of Industry 4.0 (I4.0) practices in terms of prioritization, cluster formation and clustering of empirical responses, and then narrowing them with identification of the most influential barriers for further managerial implications in the adoption of I4.0 practices by developing an enhanced understanding of I4.0.Design/methodology/approachFor the survey-based empirical research, barriers to I.40 are synthesized from the review of relevant literature and further discussions with academician and industry persons. Three widely acclaimed statistical techniques, viz. principal component analysis (PCA), fuzzy analytical hierarchical process (fuzzy AHP) and K-means clustering are applied.FindingsThe novel integrated approach shows that lack of transparent cost-benefit analysis with clear comprehension about benefits is the major barrier for the adoption of I4.0, followed by “IT infrastructure,” “Missing standards,” “Lack of properly skilled manpower,” “Fitness of present machines/equipment in the new regime” and “Concern to data security” which are other prominent barriers in adoption of I4.0 practices. The availability of funds, transparent cost-benefit analysis and clear comprehension about benefits will motivate the business owners to adopt it, overcoming the other barriers.Research limitations/implicationsThe present study brings out the new fundamental insights from the barriers to I4.0. The new insights developed here will be helpful for managers and policymakers to understand the concept and barriers hindering its smooth implementation. The factors identified are the major thrust areas for a manager to focus on for the smooth implementation of I4.0 practices. The removal of these barriers will act as a booster in the way of implementing I4.0. Real-world testing of findings is not available yet, and this will be the new direction for further research.Practical implicationsThe new production paradigm is highly complex and evolving. The study will act as a handy tool for the implementing manager for what to push first and what to push later while implementing the I4.0 practices. It will also empower a manager to assess the implementation capabilities of the industry in advance.Originality/valuePCA, fuzzy AHP and K means are deployed for identifying the significant barriers to I4.0 first time. The paper is the result of the original conceptual work of integrating the three techniques in the domain of prioritizing and narrowing the barriers from 16 to 6.

The Accounting, Auditing & Accountability Journal Community in its 30th year

2017 ◽  
Vol 30 (8) ◽  
pp. 1642-1676 ◽  
Author(s):  
Garry D. Carnegie ◽  
Christopher J. Napier
Keyword(s):  
Relevant Literature ◽  
Research Community ◽  
Asia Pacific ◽  
Content Type ◽  
Main Research ◽  
Accounting Research ◽  
Community Activities ◽  
Publication Patterns ◽  
Thought Leader ◽  
The Status

Purpose The purpose of this paper is to examine the origins and development of the “Accounting, Auditing & Accountability Journal (AAAJ) Community”, a flourishing international interdisciplinary accounting research community. This scholarly community has emerged over some 30 years from the publication in 1988 of the inaugural issue of AAAJ under the joint editorship of James Guthrie and Lee Parker. This historical account discusses the motivation for establishing the journal and the important publishing initiatives, developments and trends across this period. The study positions the journal as a key thought leader, the catalyst for other Community activities such as the Asia-Pacific Interdisciplinary Research in Accounting conference. Design/methodology/approach The investigation involved a selective review of the contents of AAAJ, particularly the annual editorials published since inception, and other relevant literature, analysis of the main research themes and the most cited papers, and oral history interviews with the joint editors. The future prospects for the AAAJ Community are addressed. Findings The AAAJ Community has shaped and led developments in interdisciplinary accounting research. Recognised for innovation and with a reputation for nurturing scholars, AAAJ continues to grow in stature as one of the world’s leading accounting journals, challenging the status quo and fostering inclusive scholarship. Research limitations/implications The study does not examine the journal’s publication patterns nor assess in detail the research studies that have been published in the journal. Originality/value The study recognises AAAJ as central to the development of an interdisciplinary accounting research community, firmly located in the sociological, critical and interpretative tradition also associated with some other leading accounting journals.

Contributions of Industry 4.0 to supply chain resilience

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Guilherme Tortorella ◽  
Flavio S. Fogliatto ◽  
Shang Gao ◽  
Toong-Khuan Chan
Keyword(s):  
Scoping Review ◽  
Industry 4.0 ◽  
Design Methodology ◽  
Relevant Literature ◽  
Effective Response ◽  
Research Directions ◽  
Content Type ◽  
Supply Chain Resilience ◽  
Channel Strategy

PurposeThis study aims at identifying the contribution of Industry 4.0 (I4.0) integration into supply chains (SCs) to the enhancement of SC resilience.Design/methodology/approachA scoping review was conducted so that the relevant literature on SC resilience, and I4.0 integrated into SC management was examined.FindingsThe authors summarize the main findings from existing research and propose three research directions: (1) empirical validation of the contribution of I4.0 ICTs to SC resilience; (2) explore the role of processing-actuation technologies in enhancing restorative capacity; and (3) integration between I4.0 ICTs and omni-channel strategy as a means to resilience development at consumer and retail levels. The literature on the design of resilient smart SCs is far outnumbered by works reporting applications of I4.0 ICTs at different SC tier levels. However, the authors’ scoping review organizes the information available on these themes, setting the ground for the development of new theoretical propositions.Originality/valueThe integration of digital technologies from I4.0 can fundamentally change the SC management, acting as enablers of a more effective response to disruptions. However, the digital transformation of SCs is still incipient, and literature is particularly sparse when considering the contribution of I4.0 to the resilience of SCs.

What it takes to be a superior college president

2017 ◽  
Vol 24 (5) ◽  
pp. 286-297 ◽  
Author(s):  
Hershey Harry Friedman ◽  
Frimette Kass-Shraibman
Keyword(s):  
Higher Education ◽  
Student Satisfaction ◽  
Employee Engagement ◽  
Relevant Literature ◽  
Colleges And Universities ◽  
College President ◽  
Content Type ◽  
Critical Issues ◽  
The Status ◽  
University Leaders

Purpose The purpose of this study is to examine established leadership paradigms in the context of institutions of higher education. The old ways of running a college, which might have worked several decades ago, no longer work in the age of flux characterized by super-fast breakthroughs due to technology and the internet. Organizational change is especially difficult in academe where many faculty are tenured and satisfied with the status quo. Design/methodology/approach This paper examines and synthesizes the relevant literature in leadership and higher education administration, focusing on critical issues and recommendations to ensure the long-term viability and relevance of colleges and universities. It also describes meaningful metrics that should be monitored by university leaders to strengthen their institutions. Findings Some of the findings are as follows: the old ways of running an institution of higher learning need to be overhauled; colleges and universities need leaders who can transform their institutions into learning organizations where knowledge is shared; and leaders must have the ability to tap into their organization’s intellectual capital and creativity. In addition, several new metrics are needed for evaluating the leadership of a college of university, including vision, employee engagement, student satisfaction and image/reputation. Originality/value This study provides an original approach to reform colleges and universities and enable them to thrive in the age of chaos and disruption.

Industry 4.0 adoption key factors: an empirical study on manufacturing industry

2020 ◽  
Vol 17 (5) ◽  
pp. 697-725
Author(s):  
Sanjiv Narula ◽  
Surya Prakash ◽  
Maheshwar Dwivedy ◽  
Vishal Talwar ◽  
Surendra Prasad Tiwari
Keyword(s):  
Industry 4.0 ◽  
Manufacturing Industry ◽  
Principal Component ◽  
Manufacturing Industries ◽  
Maturity Model ◽  
Critical Factors ◽  
Key Factors ◽  
Content Type ◽  
Starting Point ◽  
Shed Light

PurposeThis research aims to outline the key factors responsible for industry 4.0 (I4.0) application in industries and establish a factor stratification model.Design/methodology/approachThis article identifies the factor pool responsible for I4.0 from the extant literature. It aims to identify the set of key factors for the I4.0 application in the manufacturing industry and validate, classify factor pool using appropriate statistical tools, for example, factor analysis, principal component analysis and item analysis.FindingsThis study would shed light on critical factors and subfactors for implementing I4.0 in manufacturing industries from the factor pool. This study would shed light on critical factors and subfactors for implementing I4.0 in manufacturing industries. Strategy, leadership and culture are found key elements of transformation in the journey of I4.0. Additionally, design and development in the digital twin, virtual testing and simulations were also important factors to consider by manufacturing firms.Research limitations/implicationsThe proposed I4.0 factor stratification model will act as a starting point while designing strategy, adopting readiness index for I4.0 and creating a roadmap for I4.0 application in manufacturing. The I4.0 factors identified and validated in this paper will act as a guide for policymakers, researchers, academicians and practitioners working on the implementation of Industry 4.0. This work establishes a solid groundwork for developing an I4.0 maturity model for manufacturing industries.Originality/valueThe existing I4.0 literature is critically examined for creating a factor pool that further presented to experts to ensure sufficient rigor and comprehensiveness, particularly checking the relevance of subfactors for the manufacturing sector. This work is an attempt to identify and validate major I4.0 factors that can impact its mass adoption that is further empirically tested for factor stratification.

The derivation of Shariah risk in Islamic finance: a theoretical approach

2019 ◽  
Vol 10 (5) ◽  
pp. 663-678 ◽  
Author(s):  
Nurul Syazwani Mohd Noor ◽  
Muhammad Hakimi Mohd. Shafiai ◽  
Abdul Ghafar Ismail
Keyword(s):  
Design Methodology ◽  
Islamic Law ◽  
Relevant Literature ◽  
Essential Elements ◽  
Islamic Finance ◽  
Content Type ◽  
Secondary Sources ◽  
Theoretical Approaches ◽  
Contractual Obligations ◽  
Finance Theory

Purpose This paper aims to propose a derivation of Shariah risk from both the Islamic finance theory and theory of contracts in Islamic law. Specifically, it deliberates the derivation of Shariah risk following the contracts validity and apprises the readers of the Shariah risk issues currently under debate. Design/methodology/approach This study reviews the relevant literature and presents an analysis of contract rulings through evidence derived from the Qur’an, Hadith and other secondary sources of Islamic law. Various theories of Islamic finance and Islamic law of contracts are identified, to examine the general principles and essential elements and conditions of a valid contract. Findings This analysis asserts that any circumstances that may render invalidity of the contract will trigger Shariah risk. More importantly, this paper highlights the implications of invalid contracts, based on the opinion of Hanafi jurists, who concluded that Shariah risk may be derived from any void or voidable contracts due to the failure of the contractual parties to comply with Shariah contractual obligations. Research limitations/implications This paper emphasises the derivation of Shariah risk over theoretical approaches. It does not include an explanation in the form of any empirical model. Originality/value This is the first study that contributes to the field of derivation of Shariah risk, based on the theory from the Islamic law of contracts.

Development of an Industry 4.0 maturity model for the delivery process in supply chains

2018 ◽  
Vol 13 (4) ◽  
pp. 840-883 ◽  
Author(s):  
Björn Asdecker ◽  
Vanessa Felch
Keyword(s):  
Supply Chain ◽  
Industry 4.0 ◽  
Reference Model ◽  
Design Science ◽  
Model Development ◽  
Science Research ◽  
Maturity Model ◽  
Maturity Models ◽  
Content Type ◽  
The Status

Purpose This paper aims to show that current Industry 4.0 maturity models primarily focus on manufacturing processes. Until now, research has been lacking with regard to outbound logistics, that is, the delivery process. This paper develops such a model. Design/methodology/approach Methodologically, this paper is grounded in design science research (DSR) and rigorously follows the model development guidelines presented by De Bruin et al. (2005). This work builds on current maturity models and original empirical research to populate and test the model. Findings The model appears to be applicable to describing the status quo of the digitization efforts in outbound logistics, developing a corporate vision for delivery logistics excellence and providing guidance on the development path. Research limitations/implications Thus far, the model has been applied only for a development stakeholder. For further validation, the authors are currently working on additional case studies to demonstrate the model’s applicability. Practical implications The developed model provides guidance for the digitization of an important value-adding activity in supply chain management: the delivery process. Originality/value To the authors’ knowledge, the proposed model is the first to explicitly consider the delivery process; therefore, it complements available approaches that focus on the manufacturing process. Moreover, the results show that the widely used Supply Chain Operations Reference model can serve as the basis for additional process maturity models.

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