Evaluation of supply chain coordination index in context to Industry 4.0 environment. Issue 5 (21st June 2019)
- Record Type:
- Journal Article
- Title:
- Evaluation of supply chain coordination index in context to Industry 4.0 environment. Issue 5 (21st June 2019)
- Main Title:
- Evaluation of supply chain coordination index in context to Industry 4.0 environment
- Authors:
- Singh, Rajesh Kumar
Kumar, Pravin
Chand, Mahesh - Abstract:
- Abstract : Purpose: Today, most of the manufacturing systems are changing very fast in terms of the adoption of new technologies. New technologies being implemented are Internet of Things, cyber physical systems, cloud computing, Big Data analytics and information and communication technologies. Most of the organizations in the value chain are implementing these technologies at the individual level rather than across the whole supply chain. It makes the supply chain less coordinated and causes suboptimal utilization of resources. For efficient and optimal use of modern technologies, supply chains should be highly coordinated. The purpose of this paper is to illustrate an approach for determining the index to quantify coordination in the supply chain. Design/methodology/approach: From the literature review, total 32 factors have been identified. These factors are further clubbed into six clusters for evaluation of the coordination index. The graph theoretic approach has been used for evaluating the coordination index of a supply chain of an Indian organization. Findings: This study has illustrated a comprehensive approach to quantify coordination of a supply chains for effective benchmarking of the supply chain performance in the Industry 4.0 era. Presently, it is observed that top management is giving more focus on organizational issues such as lean organization structure, organization culture and responsiveness factors for improving coordination in the supply chain ratherAbstract : Purpose: Today, most of the manufacturing systems are changing very fast in terms of the adoption of new technologies. New technologies being implemented are Internet of Things, cyber physical systems, cloud computing, Big Data analytics and information and communication technologies. Most of the organizations in the value chain are implementing these technologies at the individual level rather than across the whole supply chain. It makes the supply chain less coordinated and causes suboptimal utilization of resources. For efficient and optimal use of modern technologies, supply chains should be highly coordinated. The purpose of this paper is to illustrate an approach for determining the index to quantify coordination in the supply chain. Design/methodology/approach: From the literature review, total 32 factors have been identified. These factors are further clubbed into six clusters for evaluation of the coordination index. The graph theoretic approach has been used for evaluating the coordination index of a supply chain of an Indian organization. Findings: This study has illustrated a comprehensive approach to quantify coordination of a supply chains for effective benchmarking of the supply chain performance in the Industry 4.0 era. Presently, it is observed that top management is giving more focus on organizational issues such as lean organization structure, organization culture and responsiveness factors for improving coordination in the supply chain rather than on Industry 4.0 technologies. Originality/value: This framework can also be used for comparison, ranking and analysis of coordination issues in different supply chains in the era of Industry 4.0. Organizations can use this approach for benchmarking purpose also to improve different supply chain processes for meeting dynamic market requirements. … (more)
- Is Part Of:
- Benchmarking. Volume 28:Issue 5(2021)
- Journal:
- Benchmarking
- Issue:
- Volume 28:Issue 5(2021)
- Issue Display:
- Volume 28, Issue 5 (2021)
- Year:
- 2021
- Volume:
- 28
- Issue:
- 5
- Issue Sort Value:
- 2021-0028-0005-0000
- Page Start:
- 1622
- Page End:
- 1637
- Publication Date:
- 2019-06-21
- Subjects:
- Benchmarking -- Coordination -- Supply chain management -- Industry 4.0 -- Intelligent manufacturing -- Graph theoretic approach
Benchmarking (Management) -- Periodicals
Total quality management -- Periodicals
658.562 - Journal URLs:
- http://info.emeraldinsight.com/products/journals/journals.htm?id=bij ↗
http://www.emeraldinsight.com/1463-5771.htm ↗
http://www.emeraldinsight.com/journals.htm?issn=1463-5771 ↗
http://www.emeraldinsight.com/ ↗ - DOI:
- 10.1108/BIJ-07-2018-0204 ↗
- Languages:
- English
- ISSNs:
- 1463-5771
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 1891.290270
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 16843.xml