Implications of The Industry 4.0 in Logistics Operations
Description
In a world characterized by a fierce competition, where markets are changing rapidly, the rivalry is increasing, the product life cycle is decreasing, the emergence of Industry 4.0 technologies has led to a large number of changes in the functioning of manufacturing companies, that are racing against time day by day to me more powerful, responsive, and able to face new challenges. With the advent of digital technologies, new challenges have been promoted, companies are called more than ever before to follow technological changes in order to respond effectively to customers’ requirements, in terms of quality, cost, time, and so on… Nowadays, one of the most important challenges facing companies are the commitments related to the field of logistics, due to the many problems associated with it, such as improving quality, reducing costs, and optimizing shipping and delivery services, in order to reach its most prominent goals, which is to ensure a high level of customer experience improvement. By taking into consideration the direct and significant impact of logistics on the company’s productivity, it has become necessary to take seriously the implementation of modern technology in this field, which mainly lies in the development of an advanced system that includes resource planning, warehouse management, transportation system, in a way that makes sharing information at real time, and reducing cost, a top priority.
Regarding the type of literature used, the article is a systematic review, which aimed to collect as many relevant studies as possible, and give a critical evaluation and synthesis of existing knowledge that address the impact of the new technologies on logistics performance in manufacturing companies.
This article highlights the importance of the Industry 4.0 in logistics operations, its pillars and implications, the key factors that will be required to meet the new conditions of the Industry 4.0 concept in logistics’ field, as well as the risks that may occur.
Keywords: Industry 4.0; Logistics; Supply Chain; Internet of Things.
JEL Classification: L60, O32
Paper type: Theoretical Research
Notes
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pp 106-119 V003IS06N000850 OMAR ANBOURI.pdf
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