Pandemic, War, Natural Calamities, and Sustainability: Industry 4.0 Technologies to Overcome Traditional and Contemporary Supply Chain Challenges
<i>Background</i>: The supply chain ecosystem is becoming fragile and difficult to manage due to the complexities in its interlinked functions such as planning, procurement, production, logistics, distribution, and sales. Recently, organizations have started embarking on “Industry 4.0 te...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2022-11-01
|
| Series: | Logistics |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2305-6290/6/4/81 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849414125705232384 |
|---|---|
| author | Abirami Raja Santhi Padmakumar Muthuswamy |
| author_facet | Abirami Raja Santhi Padmakumar Muthuswamy |
| author_sort | Abirami Raja Santhi |
| collection | DOAJ |
| description | <i>Background</i>: The supply chain ecosystem is becoming fragile and difficult to manage due to the complexities in its interlinked functions such as planning, procurement, production, logistics, distribution, and sales. Recently, organizations have started embarking on “Industry 4.0 technologies”, a name used to denote transformative modern-day technologies such as Artificial Intelligence, Machine Learning, automation and robotics, Internet of Things, Big Data Analytics, Blockchain, and so on to make faster decisions, optimize current practices, provide end-to-end transparency, increased collaboration, and superior warehouse management, which can collectively make it an “Intelligent supply chain”. However, a comprehensive understanding of the subject is required to understand the benefits and challenges of adopting them. <i>Methods</i>: Hence, the article aims to systematically review the literature to identify various challenges associated with supply chain management and provide an overview of the role of Industry 4.0 technologies in addressing them. In addition to traditional complexities, the uncertainties arising from contemporary challenges such as the COVID-19 pandemic, war, natural calamities, and difficulties businesses face in developing and adopting sustainable business practices. <i>Results and Conclusions</i>: The study shows that although it is hard to predict the level of disruptions during any global events, it is possible to be prepared through Industry 4.0 technologies that can give agility, transparency, and resilience to the supply chain. |
| format | Article |
| id | doaj-art-8567f3e4aa7149f998dedb5f744dbca5 |
| institution | Kabale University |
| issn | 2305-6290 |
| language | English |
| publishDate | 2022-11-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Logistics |
| spelling | doaj-art-8567f3e4aa7149f998dedb5f744dbca52025-08-20T03:33:56ZengMDPI AGLogistics2305-62902022-11-01648110.3390/logistics6040081Pandemic, War, Natural Calamities, and Sustainability: Industry 4.0 Technologies to Overcome Traditional and Contemporary Supply Chain ChallengesAbirami Raja Santhi0Padmakumar Muthuswamy1Communication Business Unit, ThinkPalm Technologies Pvt. Ltd., Chennai 600119, IndiaTechnology Center (KSSPL GES), Kennametal India Ltd., Bangalore 560073, India<i>Background</i>: The supply chain ecosystem is becoming fragile and difficult to manage due to the complexities in its interlinked functions such as planning, procurement, production, logistics, distribution, and sales. Recently, organizations have started embarking on “Industry 4.0 technologies”, a name used to denote transformative modern-day technologies such as Artificial Intelligence, Machine Learning, automation and robotics, Internet of Things, Big Data Analytics, Blockchain, and so on to make faster decisions, optimize current practices, provide end-to-end transparency, increased collaboration, and superior warehouse management, which can collectively make it an “Intelligent supply chain”. However, a comprehensive understanding of the subject is required to understand the benefits and challenges of adopting them. <i>Methods</i>: Hence, the article aims to systematically review the literature to identify various challenges associated with supply chain management and provide an overview of the role of Industry 4.0 technologies in addressing them. In addition to traditional complexities, the uncertainties arising from contemporary challenges such as the COVID-19 pandemic, war, natural calamities, and difficulties businesses face in developing and adopting sustainable business practices. <i>Results and Conclusions</i>: The study shows that although it is hard to predict the level of disruptions during any global events, it is possible to be prepared through Industry 4.0 technologies that can give agility, transparency, and resilience to the supply chain.https://www.mdpi.com/2305-6290/6/4/81Industry 4.0supply chain 4.0artificial intelligenceblockchainbig data analyticsadditive manufacturing |
| spellingShingle | Abirami Raja Santhi Padmakumar Muthuswamy Pandemic, War, Natural Calamities, and Sustainability: Industry 4.0 Technologies to Overcome Traditional and Contemporary Supply Chain Challenges Logistics Industry 4.0 supply chain 4.0 artificial intelligence blockchain big data analytics additive manufacturing |
| title | Pandemic, War, Natural Calamities, and Sustainability: Industry 4.0 Technologies to Overcome Traditional and Contemporary Supply Chain Challenges |
| title_full | Pandemic, War, Natural Calamities, and Sustainability: Industry 4.0 Technologies to Overcome Traditional and Contemporary Supply Chain Challenges |
| title_fullStr | Pandemic, War, Natural Calamities, and Sustainability: Industry 4.0 Technologies to Overcome Traditional and Contemporary Supply Chain Challenges |
| title_full_unstemmed | Pandemic, War, Natural Calamities, and Sustainability: Industry 4.0 Technologies to Overcome Traditional and Contemporary Supply Chain Challenges |
| title_short | Pandemic, War, Natural Calamities, and Sustainability: Industry 4.0 Technologies to Overcome Traditional and Contemporary Supply Chain Challenges |
| title_sort | pandemic war natural calamities and sustainability industry 4 0 technologies to overcome traditional and contemporary supply chain challenges |
| topic | Industry 4.0 supply chain 4.0 artificial intelligence blockchain big data analytics additive manufacturing |
| url | https://www.mdpi.com/2305-6290/6/4/81 |
| work_keys_str_mv | AT abiramirajasanthi pandemicwarnaturalcalamitiesandsustainabilityindustry40technologiestoovercometraditionalandcontemporarysupplychainchallenges AT padmakumarmuthuswamy pandemicwarnaturalcalamitiesandsustainabilityindustry40technologiestoovercometraditionalandcontemporarysupplychainchallenges |