Competence and readiness of small and medium industries against of industrial revolution 4.0

Widayani, Anna; Astuti, Endang Siti; Saifi, M. A.

doi:10.1088/1755-1315/485/1/012114

Cited by 5 publications

(4 citation statements)

References 13 publications

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“…Widayani et al [4] stated that today's business competition requires the capability of all businesses, especially SMEs, to penetrate a wider market and develop themselves by directing their business processes through technology and information advancements. The addition of online sales channels is an inevitable choice.…”

Section: Research Backgroundmentioning

confidence: 99%

“…In a competitive industrial environment, batik industry entrepreneurs have an important role in improving the economy of the company and its industry. Innovation is not limited to large-scale enterprises, which generally have a research and development (R & D) division, but also includes small businesses such as batik SMEs, which also require innovation activities [4,[6][7][8][9][10]. SMEs benefit from organizational flexibility in responding to environmental changes, but most SMEs have drawbacks in access and innovation capacity due to limited resources and economies of use [11].…”

Section: Research Backgroundmentioning

confidence: 99%

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The Readiness of Lasem Batik Small and Medium Enterprises to Join the Metaverse

2022

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Today’s business competitiveness necessitates the capacity of all company players, particularly small and medium enterprises (SMEs), to enter a broader market through information technology. However, the Lasem Batik SMEs have endured a great deal of turmoil during the COVID-19 pandemic. Marketing has been conducted through physical and internet channels, but the results have not been maximized. The purpose of this research was to consider the possibilities of Lasem Batik SMEs adopting metaverse technology as a marketing medium to enhance sales. The investigation was conducted on 40 Lasem Batik SMEs who met the requirements of using online media to sell their products, having a medium-sized firm, and displaying marketing that has reached the provincial level. The findings of this study are as follows: (1) The majority of participants stated that the metaverse is a virtual 3D space. This understanding is deepened by discussions about virtual 3D spaces that combine VR and AR, which today is often referred to as the metaverse. (2) Batik business owners hope that by using the metaverse, they will be able to obtain many benefits, especially related to market expansion. (3) Lasem Batik SMEs show great interest in expanding their marketing channels to a wider area; Lasem Batik entrepreneurs also accept the challenge of studying the metaverse with new knowledge and techniques they have never considered. (4) Overall, 75% of participants were ready to use the metaverse, and 25% still required guidance. (5) Local communities, universities, and large corporations provide great support for the use of the metaverse. (6) The commercial success of Lasem Batik SMEs is defined by product quality; ongoing online and offline advertising; originality and innovation; and the capacity to capitalize on possibilities, retain local wisdom, and preserve strong customer connections. The main conclusion is that the readiness of batik entrepreneurs to use the metaverse is highly dependent on the support of various parties. A strong desire to progress and develop one’s business is the main factor determining one’s intention to use the metaverse. As a result of the research, a prototype of a metaverse platform for Lasem Batik exhibitions has been developed. SMEs can use the room template provided by the platform and join other SMEs to hold a metaverse exhibition to attract global customers. These results can be connected to create a metaverse exhibition to attract global customers.

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Section: Research Backgroundmentioning

confidence: 99%

Section: Research Backgroundmentioning

confidence: 99%

The Readiness of Lasem Batik Small and Medium Enterprises to Join the Metaverse

2022

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“…Coaching on technologies in SMEs can help employees develop Industry 4.0 skills. Widayani et al (2020) focused on understanding readiness and competency of small and medium industries (SMI) from Industry 4.0 perspective using theory of reasoned action (TRA) methodology. The competency indicators were knowledge, skill and ability, while the readiness indicators were optimism, innovation, inconvenience and insecurity.…”

Section: Literature Reviewmentioning

confidence: 99%

Analysis of readiness factors for Industry 4.0 implementation in SMEs using COPRAS

Sriram

Vinodh

2020

IJQRM

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PurposeThe purpose of this paper is to analyse the readiness factors for Industry 4.0 deployment in small and medium-sized enterprises (SMEs) using complex proportionality assessment (COPRAS) methodology.Design/methodology/approachIndustry 4.0 is vital for ensuring manufacturing competitiveness of SMEs. In order to facilitate Industry 4.0 adoption in SMEs, readiness factors need to be analysed. In this viewpoint, this article presents the analysis of readiness factors using multi-criteria decision-making (MCDM) tool COPRAS.FindingsThe priority of ranking of 15 readiness factors is obtained. The prioritized readiness factors would enable the smooth adoption of Industry 4.0 in SMEs.Practical implicationsThe study has been done based on inputs from industry practitioners and hence the results have practical relevance.Originality/valueThe analysis of readiness factors for Industry 4.0 in SMEs using COPRAS is the original contribution of authors.

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“…95% of industrial units in India are small industries, which account for 40% of production and 35% of exports. The share of small and medium businesses in the Iranian economy in terms of numbers is over 95% (Kotrlik et al, 2001;Alexander et al, 2013;Asma et al, 2017;Widayani et al, 2020).…”

Section: Introductionmentioning

confidence: 99%

Restructuring Outsourcing: Classification and Methodical Approach to Evaluating Expediency and Economic Effect

Farkhoutdinov¹,

Исавнин²

2021

IJFR

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A large part of a country's national production is the result of the efforts and performance of organizations and institutions that are engaged in the production of goods and services. These organizations or institutions that operate in various forms of government, private and cooperative and in various sectors of industry, agriculture and services are called economic enterprises or manufacturing enterprises.Among the strategies that have played a role in economic development in recent decades and have led to its expansion; It is the creation of small and medium-sized enterprises that in most countries (developed and developing) the tendency to this type of enterprises has increased. Medium-sized enterprises, in terms of their significant role in job creation, competitiveness, innovation and organizational and economic development, are considered as drivers and engines of economic growth and are one of the most important priorities in economic development programs.In the modern world, classification and methodical approach to evaluating expediency and economic effect has a critical role. In this paper, we consider the restructuring of Russian industrial enterprises through the use of industrial outsourcing. An approach to the classification of restructuring industrial outsourcing is proposed, and a method of assessing the feasibility and economic effect of the usage of this type of outsourcing is developed.

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Competence and readiness of small and medium industries against of industrial revolution 4.0

Cited by 5 publications

References 13 publications

The Readiness of Lasem Batik Small and Medium Enterprises to Join the Metaverse

The Readiness of Lasem Batik Small and Medium Enterprises to Join the Metaverse

Analysis of readiness factors for Industry 4.0 implementation in SMEs using COPRAS

Restructuring Outsourcing: Classification and Methodical Approach to Evaluating Expediency and Economic Effect

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