scholarly journals Industry 4.0 in Management Studies: A Systematic Literature Review

2018 ◽  
Vol 10 (10) ◽  
pp. 3821 ◽  
Author(s):  
Michela Piccarozzi ◽  
Barbara Aquilani ◽  
Corrado Gatti

Recent developments in production processes and their automation have led to the definition of the Fourth Industrial Revolution, commonly known as “Industry 4.0”. Industry 4.0 is a very broad domain that includes: production processes, efficiency, data management, relationship with consumers, competitiveness, and much more. At the same time, obviously, Industry 4.0 has become a new theme for management scholars and business economics disciplines and a number of contributions covering various issues and aspects have been published. However, a systematic formulation of all these contributions is still lacking in management literature. Therefore, the aim of the paper is to analyze and classify the main contributions published on the topic of Industry 4.0 in management literature, seeking to give it a unique definition, discover the gaps still remaining in literature and outline future avenues of research in this domain. A systematic review of the literature of the major academic and research databases has been used as methodology to achieve the aim of the paper. This work contributes theoretically to the development of literature on Industry 4.0 and from a managerial perspective it could support entrepreneurs in better understanding the implications and fields of application of the Fourth Industrial Revolution as well as the interplay among them.

2020 ◽  
Vol 28 (2) ◽  
pp. 90-96
Author(s):  
Sandra Grabowska

AbstractOver the last few years, the Industry 4.0 concept (called the Fourth Industrial Revolution) has attracted attention among both academics and practitioners. Industry 4.0 is a very broad domain including production processes, efficiency, data management, relationship with consumers, competitiveness, and much more. Therefore, the aim of the paper is to present new factory archetypes. The manuscript uses a synthesis of literature (scientific studies and industrial reports). Based on the results obtained, the archetypes of factories of Industry 4.0 are described. The presented manuscript contributes to the development of literature on the concept of Industry 4.0. The results obtained from the analysis of the literature not only summarize the existing knowledge about Smart Factories, but also indicate the directions of potential research.


Author(s):  
Hanaa Abdulraheem Yamani ◽  
Waleed Tageldin Elsigini

The current era is witnessing many changes on various levels. The information and communication revolutions are considered one of the important changes which has cast a shadow over how different institutions in society work via the phenomenon of digitization. As some of the most important institutions of society, industrial companies have been responding to this phenomenon of digital transformation to improve products and customer service while achieving a significant profitable return. This response by these institutions to the digital transformation has resulted in the emergence of the so-called fourth industrial revolution. In this context, this chapter reviews the definition of digital transformation as well as its dimensions, benefits, and obstacles. It also comments on the future of digital transformation and its relationship with industry. Ultimately it presents the fourth industrial revolution in terms of its definition, history, criteria, benefits, and the challenges it faces moving into the future.


Author(s):  
Francisco José B. S. Leandro

The future of education matters to all of us. This chapter presents a theoretical-inductive construction of the future of education, inspired by the advancements envisaged in the Fourth Industrial Revolution (also abbreviated to Industry 4.0 or IR4.0). Recent developments in the technological field make it imperative that university syllabi foster and grow technological and non-cognitive soft skills in tandem. The latter—socio-emotional skills—are considered crucial skills that endow “buoyancy” and resilience to the workforce. Empathy, cultural sensitivity, and tolerance are the key professional skills that should be nurtured among the upcoming generation of digital natives. The chapter builds on a previous publication and aims at advancing concrete proposals for the future of university education.


Author(s):  
Timo Klünder ◽  
Jan Niklas Dörseln ◽  
Marion Steven

Three out of four projects are not getting off the ground. It is questionable whether industry 4.0 represents an additional obstacle to the execution of projects or contributes to overcoming these barriers. The fourth industrial revolution extends to all phases of the value-creation process. The project, ubiquitous in Industry 4.0, suffers a fundamental change covered by the definition of a Project 4.0. Uncertainties arising from the far-reaching changes in the environment and companies over the entire lifecycle of a project are not taken into account yet. Considering the uncertainties, there is an uncertainty descent from early to late stages of the Project 4.0 lifecycle. Here, by describing anomalies of subjective uncertainty assessment, the massive uncertainties perceived by decision makers were put into perspective. This serves as prerequisite for the design of a sound tool for an unambiguous decision on the execution of a Project 4.0. This tool contributes to insuring that more than one out of four projects succeeds.


2017 ◽  
Vol 107 (04) ◽  
pp. 266-272
Author(s):  
M. Hübner ◽  
C. Liebrecht ◽  
N. Malessa ◽  
A. Kuhnle ◽  
P. Prof. Nyhuis ◽  
...  

Im Zuge der Einführung von Industrie 4.0 fühlen sich viele Unternehmen überfordert, zielgerichtete und bedarfsgerechte Einführungsstrategien zu entwickeln. Dieser Fachbeitrag stellt ein unternehmensindividuelles und problemorientiertes Vorgehen vor, bei dem ausgehend von einer Reifegradermittlung Potentiale ermittelt und mit Methoden der Industrie 4.0 gehoben werden. Diskutiert werden die iterativen Schritte für eine problemspezifische Auswahl und Anwendung von Industrie 4.0-Methoden.   Considering recent developments in terms of the industrial progression to “smart factories” and the fourth industrial revolution, companies are overwhelmed and seem to be incapable to develop appropriate implementation strategies. This paper focuses on an individual, problem-oriented approach in order to assess and implement Industry 4.0 methods based on a maturity model. Therefore, the iterative steps of an approach for achieving a problem-specific Industry 4.0 implementation are discussed.


Author(s):  
Klaus Schwab

The rapid pace of technological developments played a key role in the previous industrial revolutions. However, the fourth industrial revolution (Industry 4.0) and its embedded technology diffusion progress is expected to grow exponentially in terms of technical change and socioeconomic impact. Therefore, coping with such transformation require a holistic approach that encompasses innovative and sustainable system solutions and not just technological ones. In this article, we propose a framework that can facilitate the interaction between technological and social innovation to continuously come up with proactive, and hence timely, sustainable strategies. These strategies can leverage economic rewards, enrich society at large, and protect the environment. The new forthcoming opportunities that will be generated through the next industrial wave are gigantic at all levels. However, the readiness for such revolutionary conversion require coupling the forces of technological innovation and social innovation under the sustainability umbrella.


2020 ◽  
Vol 25 (3) ◽  
pp. 505-525 ◽  
Author(s):  
Seeram Ramakrishna ◽  
Alfred Ngowi ◽  
Henk De Jager ◽  
Bankole O. Awuzie

Growing consumerism and population worldwide raises concerns about society’s sustainability aspirations. This has led to calls for concerted efforts to shift from the linear economy to a circular economy (CE), which are gaining momentum globally. CE approaches lead to a zero-waste scenario of economic growth and sustainable development. These approaches are based on semi-scientific and empirical concepts with technologies enabling 3Rs (reduce, reuse, recycle) and 6Rs (reuse, recycle, redesign, remanufacture, reduce, recover). Studies estimate that the transition to a CE would save the world in excess of a trillion dollars annually while creating new jobs, business opportunities and economic growth. The emerging industrial revolution will enhance the symbiotic pursuit of new technologies and CE to transform extant production systems and business models for sustainability. This article examines the trends, availability and readiness of fourth industrial revolution (4IR or industry 4.0) technologies (for example, Internet of Things [IoT], artificial intelligence [AI] and nanotechnology) to support and promote CE transitions within the higher education institutional context. Furthermore, it elucidates the role of universities as living laboratories for experimenting the utility of industry 4.0 technologies in driving the shift towards CE futures. The article concludes that universities should play a pivotal role in engendering CE transitions.


2021 ◽  
Vol 13 (23) ◽  
pp. 13052
Author(s):  
Marco Bellandi ◽  
Lisa De Propris

The paper is positioned in the emerging debate on the technological change brought about by the Fourth Industrial Revolution, often referred to as Industry 4.0. Our analysis is at the local, sub-national level. The aim is to explore what drivers and barriers local productive systems might face when seeking to embark on transitions that reconcile smart, equitable, and sustainable priorities, under enhanced models called Industry 4.0+. The novelty of the paper is to develop such models by designing a conceptual framework that juxtaposes the drivers and the barriers of sustainability transitions with local productive systems. This novel framework suggests possible pathways that local productive systems can initiate to achieve more equitable and green outcomes for their economy and society by directing the development of digital-related solutions.


2019 ◽  
Vol 20 ◽  
pp. 137-145 ◽  
Author(s):  
Lucia Kohnová ◽  
Ján Papula ◽  
Nikola Salajová

Radical changes resulting from the Fourth Industrial Revolution strongly affect industrialized European countries. In particular, due to the new technologies that are characteristic of Industry 4.0, it will be essential for companies to make the necessary changes and achieve competitiveness through the implementation of these technologies. In order for companies to be able to make radical changes and innovations, they need to secure all the supporting areas in their organization. This research paper is focused on comparison of companies from Slovakia, Czech Republic, Austria, Germany and Switzerland in the context of readiness for Industry 4.0. This research was part of a research project, while data were collected in the period of 2015–2016. We have analysed companies from selected countries based on 7 areas which are closely interconnected with the business transformation and technology transformation coming from Industry 4.0. The main analysed questions focused on areas such as employee education and training, organizational culture, strategy, or organizational processes, that will be most affected by radical changes in the environment. Research has highlighted the differences between countries as a result of long-standing cultural differences, but at the same time identified the unified influence of the ongoing global debate on the need for technological innovation. With Slovak and Czech companies being below stronger innovators in the maturity of education systems, we strongly advise considering partnering in education which can bring valuable information to businesses that want to take on the wave of innovation.


Author(s):  
Kseniya Reznikova ◽  
Valery Maximov ◽  
Dmitry Popov

Together with the fourth industrial revolution Industry 4.0 in the field of shipbuilding came the concept of Shipbuilding 4.0. Despite its separation from Industry 4.0, the concept also implies the automation of production and implementation of the most advanced technologies. Such technologies include cloud computing, Internet of Things, artificial intelligence, augmented reality and blockchain. Today, all these technologies are heard and familiar to a huge number of people. They continue to be actively developed and implemented in various industries and areas of human life. Heavy industry, namely shipbuilding, was no exception. This article examines the concept of Shipbuilding 4.0 and information technology, it characterizes. Examples of the implementation of the above technologies in the shipbuilding industry are given: at shipyards, in design. Applications in logistics and shipping have also been studied. This work considers such a problem of the Russian shipbuilding industry as poorly developed digitalization. With a high probability, these technologies will soon be actively consolidated in this area and will start everywhere, including at Russian shipyards. The use of innovative developments will improve competitiveness and strengthen positions in the state and market economy. Maritime activity is a very responsible field, where the slightest mistake can lead to bad consequences on a colossal scale. Therefore, the advanced technologies considered in the work have yet to be brought to perfection. However, they already have the potential and direction of development.


Sign in / Sign up

Export Citation Format

Share Document