Challenges of industry 4.0 technologies in supply chain management
Akinbola, Comfort (2023)
Pro gradu -tutkielma
2023
School of Business and Management, Kauppatieteet
Kaikki oikeudet pidätetään.
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi-fe2023031331302
https://urn.fi/URN:NBN:fi-fe2023031331302
Tiivistelmä
This thesis explores the challenges of implementing industry 4.0 into supply chain management. It simultaneously investigates the role the industry 4.0 technologies play in supply chain. The outcome of implementing industry 4.0 technologies into supply chain processes is supply chain 4.0, which is also known as digitalised supply chain. Supply chain 4.0 is a more efficient supply chain with improved transparency, free flow of information, flexibility, responsiveness, and Interoperability.
The challenges of implementing industry 4.0 into supply chain includes lack logical tactics for managing the transition from the traditional supply chain to the digitalised supply chain, lack of skills to complement the new technologies, and lack of resources to maintain the new technology.
12 experts from 12 different companies in Finland responded to the survey which was the empirical research method for this study using questionnaire as the data collection tool. The aim was to find out the challenges of implementing industry 4.0 into supply chain from the real-world perspective and to determine the role these technologies play in supply chain. The results of the empirical research showed that the biggest challenge to implementing industry 4.0 technologies into supply chain is lack of well laid out plan for the transition from traditional supply chain to a digitalised supply chain. Also, the result showed introducing industry 4.0 into supply chain has numerous benefits like free and faster flow of communication, agility, decision making support, improved responsiveness, and improved customer service. The empirical research confirms the result that was realised in the theoretical study.
The challenges of implementing industry 4.0 into supply chain includes lack logical tactics for managing the transition from the traditional supply chain to the digitalised supply chain, lack of skills to complement the new technologies, and lack of resources to maintain the new technology.
12 experts from 12 different companies in Finland responded to the survey which was the empirical research method for this study using questionnaire as the data collection tool. The aim was to find out the challenges of implementing industry 4.0 into supply chain from the real-world perspective and to determine the role these technologies play in supply chain. The results of the empirical research showed that the biggest challenge to implementing industry 4.0 technologies into supply chain is lack of well laid out plan for the transition from traditional supply chain to a digitalised supply chain. Also, the result showed introducing industry 4.0 into supply chain has numerous benefits like free and faster flow of communication, agility, decision making support, improved responsiveness, and improved customer service. The empirical research confirms the result that was realised in the theoretical study.