Fourth industrial revolution: a way forward to attain better performance in the textile industry

Abstract

A B S T R A C TThe textile industry is one of the fastest growing industries which expressively contributes to the economic growth of Malaysia. However, in recent years, the situation has changed and demonstrates a downward trend. The imports are growing faster compared to the exports, consequently resulting in a low contribution to the gross domestic product (GDP). To address the issue, this study aims to investigate the role of Industry 4.0 on the performance of firms engaged in the production and services of the Malaysian textile industry. To achieve the objective, this study adopted a cross-sectional research design. A survey was carried out to collect data from employees of textile firms. Results of the study found that Industry 4.0 positively contributed to the effectiveness of the production and services of the textile industry. Production and services have a positive role in the performance of textile firms. The current study provides an interesting insight into the future direction of research for studies on organisational performance, which can be extended to different manufacturing-based industries. In addition, it provides the rationale for the adoption and implementation of smart technologies in these industries. It has been found that cyber-physical systems (CPS), interoperability, a smart city and a smart product have a positive effect on production and services. Additionally, it is not possible without the effective implementation of technology. Thus, the current study provides valuable insights into the improvement of the textile industry's performance. K E Y W O R D S Industry 4.0, firm performance, cyber-physical systems, interoperability, smart product; smart city

Sustainability Transition in Industry 4.0 and Smart Manufacturing with the Triple-Layered Business Model Canvas

“…The implementation of identification and tracking technologies enable the manufacturer to collect information throughout the product life cycle and to exploit its content to communicate the value of the product [29]. This kind of product, manufactured in a smart factory context and linked to technologies that allow interconnection with the user, can be defined as a smart product [33]. These products provide a significantly different role for the user, who is actively involved and can participate in the product design process [34].…”

Patterns of digitalisation in machinery-building industries: evidence from Russia

“…Another strand of research scrutinises technologies that transform manufacturing and its implications, such as computer modelling, cyber-physical systems, the Internet of Things, cloud computing, big data, augmented reality, industrial automation and robotics and additive technologies (Esmaeilian et al, 2016;Ghobakhloo M., 2018;Kang et al, 2016;Strange and Zucchella, 2017;Tao et al, 2017;Szalavetz, 2018;Wang et al, 2017;Witkowski et al, 2017;Ślusarczyk et al 2019;Alaeddin et al, 2018;Kohnová et al, 2019;Krykavskyy et al, 2019).…”

Logistics decision-making based on the maturity assessment of imperfect knowledge

“…To achieve the optimal relationship between logistics and smart manufacturing, it is necessary to share data and IT resources between logistics operations and manufacturing companies. This will allow the entire supply chain to provide better efficiency and effectiveness, so that global supply chains will be leaner, smarter, and more agile as a whole, cohesive, interconnected system (Ślusarczyk, Haseeb and Hussain, 2019).…”

“…This drives forward the transformation of conventional value chains and the emergence of new business models. A comprehensive literature analysis of the problems related to the challenges of the so-called the fourth industrial revolution is already discussed in the publication by Ślusarczyk et al (Ślusarczyk, Haseeb and Hussain, 2019) and will not be duplicated here.…”