The main aim of this draft paper is to discuss the progress towards Industry 4.0 in organizations, through the lenses of management tools utilization. Our discussion is based on the cognitions that management tools support organizational working under Industry 4.0 circumstances. According to the management tools utilization we argue about the level of Industry 4.0 implementation in organizations. Based on the current level of management tools utilization, it is evident that in the forefront are management tools, which are not tightly associated with supporting organizational working under Industry 4.0 circumstances, like outsourcing, benchmarking, knowledge management, etc, while commonly emphasized management tools for supporting organizational working under Industry 4.0 circumstances, are not in the forefront of use, like lean production, RFID, six-sigma, etc. Results allow us to argue that organizations are at the early stages of Industry 4.0 implementation in organizations. The paper offers some possible reasons for such state. This paper should also trigger questions, how to increase the level of Industry 4.0 implementation in organizations.