scholarly journals Challenges of Industry 4.0 for Production Enterprises Functioning Within Cyber Industry Networks

2018 ◽  
Vol 26 (4) ◽  
pp. 212-216 ◽  
Author(s):  
Sebastian Saniuk ◽  
Anna Saniuk
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Small And Medium Enterprises ◽  
German Economy ◽  
Production Capacity ◽  
Joint Production ◽  
Manufacturing Enterprises ◽  
On Line ◽  
Medium Enterprises ◽  
Industry Network

Abstract The globalization process and the marginalization of Europe in world production prompted the German economy to implement the Industry 4.0 concept called the fourth industrial revolution. As a part of the proposed concept, a close connection of physical objects with the information network should be made. Enterprises will connect by intelligent resources communicating through the modern Internet of Things technologies, big data, and cloud computing. Therefore modern enterprises have a new further challenge which means a need to build and cooperate within cyber-physical systems. The aim of the article is to present key challenges for Polish small and medium-sized manufacturing enterprises oriented to the cooperation within the Industry 4.0 concept. Furthermore, the results of surveys conducted on a selected group of Polish production companies in the metal sector are shown. These results present the condition of Polish enterprises, their concerns and expectations regarding the implementation of the Industry 4.0 concept. The paper contains also the new idea to create the Cyber Industry Network (CIN) which means a kind of the on-line available platform for exchanging production capacity of small and medium enterprises and allows for the efficient combining of free resources to realize joint production projects.

scholarly journals The Concept of Cyber-Physical Networks of Small and Medium Enterprises under Personalized Manufacturing

Energies ◽  
2021 ◽  
Vol 14 (17) ◽  
pp. 5273
Author(s):  
Sebastian Saniuk ◽  
Sandra Grabowska
Keyword(s):  
Industry 4.0 ◽  
Small And Medium Enterprises ◽  
Cyber Physical Systems ◽  
Joint Production ◽  
Physical Systems ◽  
Customer Expectations ◽  
Service Companies ◽  
Intelligent Machines ◽  
Medium Enterprises ◽  
Production Resources

The era of Industry 4.0 is characterized by the use of new telecommunications ICT technologies and networking of the economy. This results in changes both in the way businesses operate and in customer expectations of products offered on the market. The use of modern ICT technologies has made it possible to create cyber-physical systems based on intelligent machines and devices that communicate with each other in real time and allow the integration of resources from different companies to carry out joint production projects. Today’s consumer expects products tailored to their needs and expectations. These expectations can be met by leveraging the potential of highly specialized manufacturing service companies centered around e-business platforms. The article presents the results of research using bibliometric analysis and the results of surveys conducted among small and medium-sized enterprises. The concept of e-business platforms supporting rapid prototyping of temporary networks of companies capable of manufacturing personalized products in the environment of Industry 4.0 is presented. The task of the platform is to integrate a customer expecting personalized production with a network of companies having adequate production resources.

scholarly journals Industry 4.0—Awareness in South India

2020 ◽  
Vol 12 (8) ◽  
pp. 3207 ◽  
Author(s):  
Leos Safar ◽  
Jakub Sopko ◽  
Darya Dancakova ◽  
Manuel Woschank
Keyword(s):  
Industry 4.0 ◽  
Prior Information ◽  
South India ◽  
Industrial Revolution ◽  
Small And Medium Enterprises ◽  
Competitive Advantages ◽  
Demographic Development ◽  
Industrial Enterprises ◽  
Medium Enterprises ◽  
Insufficient Knowledge

Industry 4.0 (I4.0) approaches, frameworks, and technologies have gained an increasing relevance in order to gain sustainable and competitive advantages for industrial enterprises and for small and medium enterprises (SMEs), as well. Contrary to previous studies, which are mainly focused on companies, we conducted a questionnaire-based survey on inhabitants, in an attempt to examine general awareness about I4.0 concepts, in the region of South India. Our findings revealed a rather poor informational level of I4.0 concept and its components, which consequently leads to inadequate future actions and expectations. Moreover, respondents with prior information about I4.0 framework tend to have rather positive opinions and expectations of possible future trends. We emphasize that insufficient knowledge of the potential workforce regarding I4.0 concepts, especially in a region with ascending demographic development, can be considered as one of the main barriers for a successful and sustainable future development towards the 4th industrial revolution.

Fintech Credit — Opportunities for SMEs in Vietnam

2018 ◽  
Vol 9 (6) ◽  
pp. 537-542
Author(s):  
Truong Van Khanh ◽  
◽  
Tram Bich Loc ◽  
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Small And Medium Enterprises ◽  
Business Environment ◽  
Bank Capital ◽  
Fourth Industrial Revolution ◽  
New Type ◽  
Medium Enterprises

Small and medium enterprises (SMEs) have an important role in the development of countries, especially in developing ones like Vietnam, but access to capital of this type of business is always difficult, while the support of the Vietnamese government has not been effective or negligible. However, the fourth industrial revolution (industry 4.0) have created a new type of business — Fintech companies which provide SMEs an easier way to access capital. Nevertheless, the concept of Fintech is relatively new in Vietnam and the operation of these companies implicit certain risks. Therefore, in order to help SMEs take advantage of this non-bank capital resource, the authorities are asked to promulgate laws or decrees for business environment of Fintech companies.

Challenges for Pakistani SMEs in Industry 4.0

2020 ◽  
pp. 12-21
Author(s):  
Qaisar Iqbal ◽  
Noor Hazlina Ahmad
Keyword(s):  
Information And Communication Technologies ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Small And Medium Enterprises ◽  
Communication Technologies ◽  
Vital Role ◽  
Raw Material ◽  
Current Economic Situation ◽  
Information And Communication ◽  
Medium Enterprises

Small and medium enterprises (SMEs) play a vital role in the development of any economy. The disruptive technologies of the fourth industrial revolution have ignited the flexibility and dynamic nature of the market. Industry 4.0 requires firms to deliver highly customized and high-quality products at low price and on time. However, the SMEs sector is not performing up to the standard, which is quite disturbing in the current economic situation of the country. This chapter has elaborated the application of advanced information and communication technologies of Industry 4.0 in the context of SMEs. Based on the requirements of Industry 4.0, this chapter has also explored the challenges faced by SMEs in Pakistan. The SMEs in Pakistan are presently coping the challenges such as limited access to finance, the undue compliance and excessive paperwork imposed by regulators, lacking mechanism of talent management, lacking skilled workforce, absence of networking and collaboration, mismanagement of raw material, and insufficient infrastructure.

Challenges for Pakistani SMEs in Industry 4.0

2021 ◽  
pp. 1959-1967
Author(s):  
Qaisar Iqbal ◽  
Noor Hazlina Ahmad
Keyword(s):  
Information And Communication Technologies ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Small And Medium Enterprises ◽  
Communication Technologies ◽  
Vital Role ◽  
Raw Material ◽  
Current Economic Situation ◽  
Information And Communication ◽  
Medium Enterprises

Small and medium enterprises (SMEs) play a vital role in the development of any economy. The disruptive technologies of the fourth industrial revolution have ignited the flexibility and dynamic nature of the market. Industry 4.0 requires firms to deliver highly customized and high-quality products at low price and on time. However, the SMEs sector is not performing up to the standard, which is quite disturbing in the current economic situation of the country. This chapter has elaborated the application of advanced information and communication technologies of Industry 4.0 in the context of SMEs. Based on the requirements of Industry 4.0, this chapter has also explored the challenges faced by SMEs in Pakistan. The SMEs in Pakistan are presently coping the challenges such as limited access to finance, the undue compliance and excessive paperwork imposed by regulators, lacking mechanism of talent management, lacking skilled workforce, absence of networking and collaboration, mismanagement of raw material, and insufficient infrastructure.

scholarly journals A Framework for Assessing Manufacturing SMEs Industry 4.0 Maturity

2021 ◽  
Vol 11 (13) ◽  
pp. 6127
Author(s):  
Afonso Amaral ◽  
Paulo Peças
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Small And Medium Enterprises ◽  
Maturity Model ◽  
Holistic Model ◽  
Maturity Models ◽  
Fourth Industrial Revolution ◽  
Medium Enterprises

Under the scenario of the fourth industrial revolution, the adoption of Industry 4.0 in the day-to-day business of small and medium enterprises (SME) entails expected challenges. Focusing primarily on more advanced levels of maturity, the existing maturity models are inadequate for assessing companies with low maturity levels, such as most of existing SMEs. A framework for a maturity model tailored to SMEs is proposed in this paper, allowing for a comprehensive and high granularity assessment of these companies’ maturity levels, which then eases their integration into this industrial revolution. The proposed holistic model considers all Industry 4.0 dimensions while being detailed enough in its initial levels to properly assess SMEs at the same time.

RFID-Based Optimization Method for Inventory Control Strategy

2010 ◽  
Vol 34-35 ◽  
pp. 1983-1987
Author(s):  
You Bo Wu ◽  
Yi Tao ◽  
Xiao Hong Pan ◽  
Peng Cheng Wu
Keyword(s):  
Inventory Control ◽  
Small And Medium Enterprises ◽  
Market Competition ◽  
Optimization Method ◽  
Stock Management ◽  
Inventory Cost ◽  
Logistics Cost ◽  
Manufacturing Enterprises ◽  
Management Optimization ◽  
Medium Enterprises

As the market competition became more fiercely and the customers’ needs of diversified products increased, small and medium enterprises (SME) were more and more aware of the importance of getting quick respond of the market. More and more enterprises felt the logistics cost pressure during this business. How to lower down the logistics cost especially the stock cost became crucial for these SME enterprises. Further more, for enterprises whose producing type is many varieties small batches, how to use valid method to decline inventory and waste, is a great hard nut to crack. This article targeted on inventory control of clothing manufacturing enterprises for research, RFID technology was applied in stock management, optimization method was adopted for inventory control based on RFID, optimization control model was built, and the route for declined inventory cost and waste was analyzed. Finally, the application method was verified according emulation.

scholarly journals Peningkatan Produksi, Pencatatan Kartu Persediaan Dan Pemasaran Sale Pisang UD Sumber Alam Buana di Kabupaten Banyuwangi

2019 ◽  
Vol 2 (2) ◽  
pp. 188
Author(s):  
Dilla Cattleyana ◽  
Adytira Rachman
Keyword(s):  
Raw Materials ◽  
Small And Medium Enterprises ◽  
Production Capacity ◽  
Raw Material ◽  
Use Of Technology ◽  
Cutting Knife ◽  
Typical Food ◽  
Online Stores ◽  
Medium Enterprises ◽  
E Mail

Micro, Small and Medium Enterprises (UMKM) has an important role in the Indonesian economy, one of which can help the per capita income of the Indonesian state, especially in Banyuwangi Regency, as well as in the UM Banana Sale UD UD. Sumber Alam Buana, located at the eastern end of the island of Java, precisely in Banyuwangi. The UMKM is one of Banyuwangi's original typical food businesses from Ambon banana raw material, bearing in mind that typical food is identical to souvenirs (souvenirs) when visiting Banyuwangi, certainly not forgetting to bring and share them with you. However, there are problems in the field of production of UD Banana Banana UD, namely the low production capacity of processing banana raw materials because it still uses a cutting knife and the appropriate method has not been applied to record raw materials or finished goods so that the owner is less able to control the cycle of raw materials or finished goods. While in the marketing sector it is still conventional to be entrusted in a gift shop so that it can only wait for whether the product is sold or vice versa. The solution to the development activities of UMKM Sale Banana UD Sumber Alam Buana includes counseling and training using a banana chopper tool that is more efficient than a knife that has been used to chop banana raw materials. Whereas in terms of recording to help partners to control raw material inventory and finished goods efficiently and effectively, the need for training knowledge and assistance to owners and employees using a perpetual method stock card (inventory). To expand market share that has demanded the use of technology, training is held to make e-mail as a portal to access several e-commerce websites and to open online stores through social media such as Facebook and others. The results achieved in the Community Service program are the development of this business in terms of increasing production capacity, managing raw materials, expanding markets and increasing income.

scholarly journals The Moderating Effect of Social Capital in Relation to Entrepreneurial Orientation and Firm Performance

2017 ◽  
pp. 82-115
Author(s):  
Alireza Jalali ◽  
Ramayah Thurasamy ◽  
Mastura Jaafar
Keyword(s):  
Social Capital ◽  
Entrepreneurial Orientation ◽  
Random Sampling ◽  
Quantitative Method ◽  
Small And Medium Enterprises ◽  
Moderating Effect ◽  
Resource Based View ◽  
Medium Enterprises ◽  
The Relationship ◽  
Industry Network

The importance of entrepreneurial orientation (EO), resource-based view (RBV), network types of social capital (SC) and small and medium enterprises (SMEs) have become the main focus in the manufacturing environment. The current study investigates 1. The relationship between EO and Manufacturing SMEs performance and 2. The moderating effect of intra- and extra-industry network in EO and manufacturing SMEs performance relationship. Quantitative method was done through survey. The population of this study was industrial SMEs in Tehran and Hamedan. Proportionate stratified random sampling was employed and out of 580 questionnaires sent out, only 150 questionnaires were returned. The result implies that the dimensions of EO positively improved manufacturing SMEs performance. In addition the result shows that the high intra-industry network strongly moderates the relationship between innovativeness and growth-profit ability and also strongly moderates the relationship between risk-taking and growth-profitability. Contributions and limitations of the study are also discussed accordingly.

scholarly journals Managing Diversity and Capabilities

2017 ◽  
Vol 3 (1) ◽  
pp. 62
Author(s):  
Feriha Özdemir
Keyword(s):  
Process Design ◽  
Small And Medium Enterprises ◽  
German Economy ◽  
Diversity Management ◽  
Management Tool ◽  
Competitive Advantages ◽  
Social Discrimination ◽  
Skilled Workers ◽  
Managing Diversity ◽  
Medium Enterprises

As a powerful driver, small and medium enterprises (SME) has a huge contribution to the German economy. The shortage of skilled workers underlines an emerging and resilient German economy. However, the future prospects of SME depend on creative employees as key actors. Nevertheless, demographic change is perceptible so that the labour integration of resident immigrants becomes more important. But several studies investigated inequalities especially discrimination in the labour market intensifying brain drain. Social discrimination has great impact on the capabilities of people, particularly in labour. Disadvantages are exposed to a lack of opportunities with the result of a capability gap. Diversity management offers competitive advantages but is mostly a management tool of bigger enterprise performances. This paper will present a process of enabling and empowering management process of capabilities. It is presented by the example of the solution cycle which will be called a participatory process design contributing to the lack in the classic management of diversity.

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