Cyber-Physical Production Networks and Advanced Digitalization in Industry 4.0 Manufacturing Systems: Sustainable Supply Chain Management, Organizational Resilience, and Data-driven Innovation
Cyber-Physical Production Networks and Advanced Digitalization in Industry 4.0 Manufacturing Systems: Sustainable Supply Chain Management, Organizational Resilience, and Data-driven Innovation
Author(s): Elvira NicaSubject(s): Business Economy / Management
Published by: Addleton Academic Publishers
Keywords: cyber-physical production network; Industry 4.0 manufacturing system
Summary/Abstract: Empirical research provides mixed results regarding the relationship between cyber-physical production networks and advanced digitalization in Industry 4.0 manufacturing systems. Using and replicating data from Active Idea, AI Group, BDO, Capgemini, CIO, DAA, EY, IoT Analytics GmbH, McKinsey, and PwC, I performed analyses and made estimates regarding top Industry 4.0 business goals (%), top technologies being considered in-line with organizations’ strategic plan (%), digital marketing activities with the greatest commercial impact (%), and average realized quality gain from smart factories so far (%). Data were analyzed using structural equation modeling.
Journal: Journal of Self-Governance and Management Economics
- Issue Year: 7/2019
- Issue No: 3
- Page Range: 27-33
- Page Count: 7
- Language: English
- Content File-PDF
