Competitiveness of SMEs in Terms of Industry 4.0

Abstract

The study is devoted to the peculiarities of the competitiveness of small and medium-sized enterprises under Industry 4.0 conditions. The article generalizes the scientific approaches to the definition of factors of enterprises' competitiveness. The paper summarizes the main trends and challenges for enhancing the competitiveness of an enterprise in terms of Industry 4.0. Authors clarify the key components and factors of competitiveness of small and medium-sized enterprises in Industry 4.0 environment, among which there are highlighted an ability to involve, use and develop informational resources, an ability to improve the available technology, to change or develop the main technology of production, to use new methods for automated quality control, implementing Internet of Things concept. The article summarizes that the key factor of the strong competitive position of small and medium-sized enterprises is their readiness to change or develop quickly the main production processes by using new methods of management and new information and production technologies.

Transformasi Umkm Jambi: Strategi Memanfaatkan Kearifan Lokal Untuk Daya Saing Global

“…Usaha Mikro, Kecil, dan Menengah (UMKM) memegang peranan krusial dalam ekonomi dengan menyediakan lapangan kerja dan meningkatkan pendapatan masyarakat (Roswita Hafni, 2020). Di era Revolusi Industri 4.0 saat ini, industri UMKM dihadapkan pada tantangan untuk meningkatkan daya saingnya (Braune et al, 2016;Dvorský et al, 2021;Farhikhteh et al, 2020;Kukharuk & Gavrysh, 2019;Lafuente et al, 2020). Daya saing UMKM terkait erat dengan kemampuan mereka menghasilkan produk dan jasa yang memenuhi atau bahkan melebihi standar nasional dan internasional.…”

“…Namun, tantangan tetap ada, termasuk kapasitas SDM yang terbatas, kelembagaan, pembiayaan, pemanfaatan teknologi, dan kemitraan yang belum optimal. Sejalan dengan itu, penelitian sebelumnya umumnya berfokus pada pengaruh UMKM terhadap daya saing tanpa mengeksplorasi strategi spesifik untuk meningkatkan UMKM dengan memanfaatkan keunggulan daerah (Alam Siddik, 2017;Kukharuk & Gavrysh, 2019;Yanah et al, 2018). Mengingat kebutuhan untuk meningkatkan daya saing UMKM agar dapat bersaing di era globalisasi saat ini, penelitian ini bertujuan untuk mengembangkan model yang memungkinkan UMKM di Provinsi Jambi memanfaatkan keunggulan daerah sebagai basis untuk peningkatan daya saing.…”

Potential clay from Bali to support clean production in the Bali ceramic industry

“…This also applies to creative ceramic small and medium industries (SMEs) in Bali. The need for basic improvements in terms of raw materials, production process technology, and the commercialization of creative ceramic products must be carried out by ceramic creative SMEs in Bali, especially in facing this increasingly competitive business competition [8][9][10][11][12][13][14][15][16][17]. One of the efforts that can be made by ceramic creative SMEs in Bali is to make the maximum use of local Balinese raw materials as alternative materials.…”

Methodology of an interpretive structural map construction for social commerce success

“…Thus, social commerce increases quickly in various emerging markets and developing economies because of the changes in the information and communication technology (ICT) landscape (Arceño et al, 2022). Despite the prominence of food-selling platforms, there are many challenges faced by micro, small, and medium enterprises (MSMEs) when it comes to seamlessness in social commerce (Savrul, 2014), such as food enterprise competitiveness (Kukharuk & Gavrysh, 2019), rapid business model iteration, and the overwhelming flow advantage of giant enterprises (Chen et al, 2021). Meanwhile, many social commerce enterprises are also experiencing issues during their rapid expansion, such as unbalanced development and resource allocation (Chen et al, 2021).…”