Business Potential and Impact of Industry 4.0 in Manufacturing Organizations

Author(s):  
Gajanan Gambhire ◽  
Tejas Gujar ◽  
Saurabh Pathak
Author(s):  
Ravinder Kumar

A formal industrialization commenced with steam power generation and the application of machines that mechanized the industrial work in past. Subsequently, the development in electric power, the assembly lines, and mass manufacturing led toward the third era of numeric control and automation. Now in modern era of industry 4.0, robots connected with the computers and machines. Tools are working on machines learning algorithms and running the cyber physical manufacturing systems. Sensing the need of hour, Indian manufacturing organizations are working hard to implement the practices of Industry 4.0. Working on identical direction, the author has identified 12 enablers poignant the espousal of Industry 4.0 in Indian manufacturing sectors from literature review and by opinion of experts. Further, the author has used Decision Making Trial and Evaluation Laboratory (DEMATEL) technique for developing the structural and circumstantial kinship among the enablers of Industry 4.0.


Author(s):  
Pavitra Dhamija ◽  
Monica Bedi ◽  
M.L. Gupta

The association of Industry 4.0 and supply chain management assures tremendous growth and developmental opportunities towards manufacturing organizations. The two aspects (Industry 4.0 and supply chain management) are one of the most opted choices for research among academicians and researchers. The study in question accommodates 884 papers from past 10 years, which contributes towards Industry 4.0, supply chain management, cyber-physical systems, digitization, Internet of Things, and Big Data predictive analytics. The statistical tools include BibExcel and Gephi for bibliometric and network analysis. The results are presented in the form of top contributing authors, keywords, and citations. The article also shares a conceptual model based on the review of studies. The findings will help managers or officials to understand the importance of Industry 4.0 and its association with supply chain management. The formed clusters and their associations are providing new areas that require managerial attention. The article ends while discussing the current and future scope of research.


Author(s):  
Ravinder Kumar

This is an era of information technology and Industry 4.0 in the manufacturing sector. Globalization and spread of technology have leveled the field of competition among all economies. With aforementioned development, there is a need for sustainable manufacturing practices to justify the use of natural resources all over the globe. Both developed and developing economies should adopt the sustainable practices of manufacturing. On other hand, managing challenges of sustainable manufacturing is an uphill task for manufacturing organizations for several reasons. In this chapter, the author has analyzed the challenges of sustainable manufacturing by using DEMATEL technique to differentiate them in cause and effect challenges. This differentiation can further help in effective analysis of these challenges. From practical and managerial viewpoints, this study can help the policymakers and strategy planners of manufacturing organizations in better understanding of sustainability and its aspects. Further, it can help in developing policies on sustainable manufacturing on national and international level both in developed and developing economies.


2020 ◽  
Vol 7 (1) ◽  
pp. 1-23 ◽  
Author(s):  
Pavitra Dhamija ◽  
Monica Bedi ◽  
M.L. Gupta

The association of Industry 4.0 and supply chain management assures tremendous growth and developmental opportunities towards manufacturing organizations. The two aspects (Industry 4.0 and supply chain management) are one of the most opted choices for research among academicians and researchers. The study in question accommodates 884 papers from past 10 years, which contributes towards Industry 4.0, supply chain management, cyber-physical systems, digitization, Internet of Things, and Big Data predictive analytics. The statistical tools include BibExcel and Gephi for bibliometric and network analysis. The results are presented in the form of top contributing authors, keywords, and citations. The article also shares a conceptual model based on the review of studies. The findings will help managers or officials to understand the importance of Industry 4.0 and its association with supply chain management. The formed clusters and their associations are providing new areas that require managerial attention. The article ends while discussing the current and future scope of research.


Author(s):  
Ravinder Kumar

A formal industrialization commenced with steam power generation and the application of machines that mechanized the industrial work in past. Subsequently, the development in electric power, the assembly lines, and mass manufacturing led toward the third era of numeric control and automation. Now in modern era of industry 4.0, robots connected with the computers and machines. Tools are working on machines learning algorithms and running the cyber physical manufacturing systems. Sensing the need of hour, Indian manufacturing organizations are working hard to implement the practices of Industry 4.0. Working on identical direction, the author has identified 12 enablers poignant the espousal of Industry 4.0 in Indian manufacturing sectors from literature review and by opinion of experts. Further, the author has used Decision Making Trial and Evaluation Laboratory (DEMATEL) technique for developing the structural and circumstantial kinship among the enablers of Industry 4.0.


Sensors ◽  
2020 ◽  
Vol 20 (12) ◽  
pp. 3469
Author(s):  
Rok Črešnar ◽  
Vojko Potočan ◽  
Zlatko Nedelko

The main purpose of this study is to examine how the use of management tools supports the readiness of manufacturing organizations for the implementation of Industry 4.0. The originality of the research is reflected in the exploration of the relationship between the use of the selected well-known management tools and their readiness for the implementation of Industry 4.0, which was assessed using a combination of two models—one developed by the National Academy of Science and Engineering (Acatech) and the other by the University of Warwick. The relationship was assessed by applying structural equation modeling techniques to a data set of 323 responses from employees in manufacturing organizations. The results show that the use of six sigma, total quality management, radio frequency identification, a balanced scorecard, rapid prototyping, customer segmentation, mission and vision statements, and digital transformation is positively associated with Industry 4.0 readiness. Inversely, outsourcing and strategic planning are negatively associated with Industry 4.0 readiness, while lean manufacturing, which is often emphasized as the cornerstone of Industry 4.0 implementation, is not associated with Industry 4.0 readiness in our study. These findings can help organizations to understand how to consider and measure readiness for the implementation of Industry 4.0 more comprehensively and present guidelines on how the use of management tools in manufacturing organizations can foster their implementation of Industry 4.0 principles.


Procedia CIRP ◽  
2021 ◽  
Vol 98 ◽  
pp. 85-90
Author(s):  
Pramod Kumar ◽  
Jaiprakash Bhamu ◽  
Kuldip Singh Sangwan

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