A review of Internet of Things (IoT) embedded sustainable supply chain for industry 4.0 requirements. (January 2019)

• Record Type: Journal Article
• Authors: Manavalan, E.; Jayakrishna, K.
• Is Part Of: Computers & industrial engineering. Volume 127(2019)
• Page Start: 925
• Page End: 953
• Publication Date: 2019-01
• Subjects: Sustainable supply chain (SSC) -- Closed loop supply chain (CLSC) -- Enterprise Resource Planning (ERP) -- Industry 4.0 -- IoT -- IIoT; SC Supply Chain -- SSC Sustainable Supply Chain -- CLSC Closed Loop Supply Chain -- ERP Enterprise Resource Planning -- EOL End-Of-Life -- SCM Supply Chain Management -- SCN Supply Chain Network -- IoT Internet of Things -- IIoT Industrial Internet of Things -- CPS Cyber Physical Systems -- GSCM Green Supply Chain Management -- OT Operational Technology -- IT Information Technology -- IS Information Systems -- SRM Supplier Relationship Management -- CRM Customer Relationship Management -- AHP Analytical Hierarchy Process -- ISM Interpretive Structural Modeling -- MICMAC Impact Matrix Cross-Reference Multiplication Applied to a Classification -- CFA Confirmatory Factor Analysis -- ISM Interpretive Structural Modeling -- DEA Data Envelopment Analysis -- NGT Nominal Group Technique -- VIKOR VlseKriterijumska Optimizacija I Kompromisno Resenje -- ELECTRE ELimination and Choice Expressing REality -- RDT Resource Dependence Theory -- TRIZ Theory of Inventive Problem Solving -- RFID Radio-frequency identification -- TQM Total Quality Management -- HMI Human Machine Interaction -- RL Reverse Logistics -- RSC Reverse Supply Chain -- FSC Forward Supply Chain -- SME Small and Medium Enterprises -- M2M Machine to Machine -- IoP Internet of People -- IoE Internet of Everything -- IoS Internet of Services -- IIoT Industrial Internet of Things -- CMfg Cloud Manufacturing -- CCIoT Cloud Computing and Internet of Things -- ICPS Industrial Cyber-Physical Systems -- IWN Industrial Wireless Network; Engineering -- Data processing -- Periodicals; Industrial engineering -- Periodicals; 620.00285
• DOI: 10.1016/j.cie.2018.11.030
• Languages: English
• ISSNs: 0360-8352

Abstract

Highlights: Framework developed to assess supply chain sustainability for Industry 4.0 needs. Remarkable scope for sustainable supply chain leveraging IoT exists. IoT coupled with industry 4.0 benefits organizations to take informed decisions. Industry 4.0 sets the tone for the future sustainable supply chain. Abstract: Supply Chain organizations in the present global environment operate in market that is increasingly complex and dynamic in nature. Sustainable supply chain becomes inevitable to meet the aggressive change in the customer requirements. Based on the reviews, it is revealed that manufacturing companies need to speed up in shifting the focus towards sustainability and make use of technology like 'Internet of Things' (IoT) to meet the organization's goal. The objective of this research paper is to review the various aspects of SCM, ERP, IoT and Industry 4.0 and explore the potential opportunities available in IoT embedded sustainable supply chain for Industry 4.0 transformation. In this review, a comprehensive study on various factors, that affects the sustainable supply chain were analyzed and the results recorded. Based on the review, a framework for assessing the readiness of supply chain organization from various perspectives has been proposed to meet the requirements of the fourth Industrial Revolution. The conceptual framework model has been formulated from five important perspectives of supply chain management namely Business, Technology, Sustainable Development, Collaboration and Management Strategy. This study furnishes the criteria that can be assessed by companies to realize the readiness for industry 4.0 transformation.