Leveraging of Industry 4.0 on Supply Chain Performance
Abstract
Businesses can meet the constantly changing demands of customers and stakeholders while optimising supply chain performance with the help of Big Data's predictive insights, IoT's real-time monitoring, and AI's intelligent automation. The main goal of this study is to examine how important dependent variables—supply chain responsiveness are impacted by Industry 4.0 technologies (Big Data, IoT, and AI) and mediating impact of technology adaption & integration. In order to gain a deeper understanding of these technologies' significance in contemporary supply chain strategies, this study aims to determine how much the adoption and integration of these technologies affect supply chain operations and customer perceptions. The process of gathering data will be done by using survey or questionnaires from industrial expert. The relationships between these variables will be evaluated using statistical techniques, such as smart PLSEM. The information can be used by policymakers to create frameworks for regulations that encourage the adoption of Industry 4.0 technologies in supply chains, promoting innovation and sustainability. Supply chain professionals will learn important information about the potential advantages of adopting new technology, which will help them make investment decisions.
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