Considering Industry 4.0 aspects in the supply chain for an SME

Bär, Kristina; Hansen, Zaza Nadja Lee; Khalid, Waqas

doi:10.1007/s11740-018-0851-y

Cited by 79 publications

(27 citation statements)

References 42 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The Supply chain is currently the center of operational activities of manufacturing companies [71] and a decisive factor when a company is trying to gain some competitive advantage [72,73]. Bär, Herbert-Hansen and Khalid [2] reviewed the benefits of I4.0 in the supply chain, finding that the most important were: Stakeholders integration, product customization, process transparency, production flexibility, resource efficiency, real-time data, automation, customer data retrieval, and increasing client satisfaction. In order to fully benefit from I4.0 then, companies need to learn and share production-related data with suppliers and clients within the supply chain [74].…”

Section: Supply Chain Management and The Aerospace Sectormentioning

confidence: 99%

“…In a globalized economy, companies need to be adaptable to maintain their presence in the market [1]. The whole value chain is also changing and companies need to be proactive in this change [2]. Where and how much these companies invest can decide whether they will acquire a significant competitive advantage or fail and go under [3,4].…”

Section: Introductionmentioning

confidence: 99%

“…All these can lead to smarter value creation [14] and enhanced productivity [15] without having to sacrifice other economic, ecological and social aspects [16]. However, although there is a collective agreement that I4.0 offers promising opportunities, it is barely known how those promises can be fulfilled [2]. Studies on the implications of I4.0 across the whole industrial value chain have also been in short supply [13] and the analyses of companies' implementation strategies in their operational contexts to harness the benefits of I4.0 are still virtually nonexistent [17].…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Standardizing Innovation Management: An Opportunity for SMEs in the Aerospace Industry

et al. 2019

View full text Add to dashboard Cite

In a globalized marketplace, the competition in the aerospace industry has increased significantly. Producers can choose between many suppliers. These suppliers have to comply with more requirements and technical specifications, as well as take on greater responsibilities that originally fell on producers. In this context, business opportunities for small and medium-sized enterprises (SMEs) are limited, but still suppliers must try to leverage the maximum strategic advantage of the few that present. Adopting research, development and innovation (R+D+i) practices has proven to bring great benefits to companies and allows them to gain significant competitive advantages. However, the process of designing, implementing and testing R+D+i-related processes is not straightforward, nor it has been addressed in the recent research on SMEs. In this paper, a case study of a Spanish innovative small company providing industrial metrology and quality services is analyzed. Thanks to an internal decision-making process, an R+D+i management system based on the UNE 166.002:2014 standard is eventually adopted. A pilot project is closely followed up to test the robustness of the system implementation. The R+D+i management system has allowed the company to streamline its innovation activities, establish objectives to better allocate essential resources, organize high performing innovation units within the organization structure, increase the clients’ confidence, improve the company’s competitiveness, carry out technological surveillance, and get more patented technology, among many others. Adoption steps taken by this SME are generalizable to other SMEs from other industries and show how an R+D+i management system can be chosen, designed, implemented and tested in the context of Industry 4.0 (I4.0).

show abstract

Section: Supply Chain Management and The Aerospace Sectormentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Standardizing Innovation Management: An Opportunity for SMEs in the Aerospace Industry

et al. 2019

View full text Add to dashboard Cite

show abstract

“…In recent years, a growing number of authors have addressed the topic of Industry 4.0 for SMEs in their scientific works (Matt et al 2016;Bär et al 2018;Türkeș et al 2019). In addition, the European Commission (EC) actively supports SMEs by providing direct financial support and indirect support to increase their innovation capacity through Horizon 2020.…”

mentioning

confidence: 99%

SME 4.0: The Role of Small- and Medium-Sized Enterprises in the Digital Transformation

Matt

Rauch

2020

Industry 4.0 for SMEs

111

View full text Add to dashboard Cite

“…In Sect. 4 we present a discussion on the data analysis and findings, while Sect. 5 details the contribution of the study.…”

mentioning

confidence: 99%

A Strategic Organisational Perspective of Industry 4.0: A Conceptual Model

Smuts

Merwe

Smuts

2020

Lecture Notes in Computer Science

View full text Add to dashboard Cite

The so-called fourth industrial revolution or Industry 4.0 (I4.0), with its potentially disruptive technologies, is changing the way we socialise, live and work and provides opportunities for organisations to innovate and disrupt. Although organisations are acknowledging the emergence of I4.0 and realise the importance of being ready for its impact, better understanding is required of the potential of I4.0 and its holistic impact on organisations. In this paper, we conducted a systematic literature review to identify all I4.0-related organisational aspects, such as an I4.0-relevant strategy, digital business model innovation, technology investment optimisation, workforce management complexity, digital eco-systems, technology-centric convergence, virtual model and physical environment linkage, value chain digitalisation and product portfolio innovation. Furthermore, we presented these I4.0 organisational aspects identified in a conceptual model based on the components of organisational strategic alignment. By using such a conceptual model, organisations can ensure that both optimisation and new opportunities enabled by I4.0 are leveraged and that a relevant, strategically aligned approach to I4.0 may be considered.

show abstract

Considering Industry 4.0 aspects in the supply chain for an SME

Cited by 79 publications

References 42 publications

Standardizing Innovation Management: An Opportunity for SMEs in the Aerospace Industry

Standardizing Innovation Management: An Opportunity for SMEs in the Aerospace Industry

SME 4.0: The Role of Small- and Medium-Sized Enterprises in the Digital Transformation

A Strategic Organisational Perspective of Industry 4.0: A Conceptual Model

Contact Info

Product

Resources

About