The role of industry 4.0‐enabled data‐driven shared platform as an enabler of product‐service system in the context of circular economy: A systematic literature review and future research directions

Atif, Sehrish

doi:10.1002/bsd2.238

Cited by 17 publications

(15 citation statements)

References 143 publications

(427 reference statements)

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“…This underlines the key role of the concept of SCF in organisations' recovery processes. Moreover, Industry 4.0 creates more cost-effective supply chains by enhancing end-to-end visibility, real time data, predictive and reactive decisions (Ivanov and Dolgui, 2020; Atif, 2023). The findings of this study overall highlight an opportunity in post-pandemic stage for well-informed supply chain practitioners to utilise from the advantages of Industry 4.0 to decrease their overall SCC, and thus, increase SCF.…”

Section: Discussionmentioning

confidence: 99%

“…The need for flexibility and cost reduction in supply chains highlights the role of technological advances driven by continuous changes in business environment (Schmidt et al, 2021;Fatorachian and Kazemi, 2021). In this context, Industry 4.0 represents a vision of intelligent systems and advanced technologies with many potential benefits for supply chains (Hahn, 2020;Liu et al, 2023) via cost reduction and maximum resource utilisation (Sundarakani et al, 2021), more efficient management of complex systems (Luthra et al, 2020), improvement in real-time connections between partners (Hofmann et al, 2019;Atif, 2023), more flexibility in operations (Fragapane et al, 2022) and implementing supply chain quality management (Wang and Shang, 2023); thus, it improves supply chain performance overall (Rejeb et al, 2021). Likewise, customer integration (CI) refers to the establishment of collaborative ties and strategic partnerships in supply chains (Zhang et al, 2022) and positively affects performance (Tang et al, 2022b).…”

Section: Introductionmentioning

confidence: 99%

“…, 2020), improvement in real-time connections between partners (Hofmann et al. , 2019; Atif, 2023), more flexibility in operations (Fragapane et al. , 2022) and implementing supply chain quality management (Wang and Shang, 2023); thus, it improves supply chain performance overall (Rejeb et al.…”

Section: Introductionmentioning

confidence: 99%

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The role of Industry 4.0 on supply chain cost and supply chain flexibility

Erboz

Hüseyinoğlu

2023

BPMJ

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PurposeIndustry 4.0 accelerates the performance of supply chains, in particular, the reduction in supply chain cost (SCC) and improvement in supply chain flexibility (SCF). The aim of this study is to examine the role of Industry 4.0 on SCC and SCF, using network theory to explain the interrelationships.Design/methodology/approachData were collected from 182 manufacturing firms in Turkey. The partial least square structural equation modelling (PLS-SEM) was employed in testing the research hypotheses.FindingsThe results showed that Industry 4.0 positively affects SCC; however, no direct relationship was found between Industry 4.0 and SCF. Moreover, SCC was found to have a positive impact on SCF, while SCC was found to mediate the relationship between Industry 4.0 and SCF. An additional finding was that customer integration (CI) moderates the relationship between Industry 4.0 and SCC; however, CI does not moderate the relationship between Industry 4.0 and SCF.Practical implicationsThe research validates the role of Industry 4.0 on supply chain processes and thus provides valuable insights into supply chain practitioners and decision-makers interested in Industry 4.0 for supply chain management.Originality/valueIn view of the limited number of studies, this study empirically contributes to the literature on the relationships among Industry 4.0, SCC, SCF and CI.

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Section: Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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The role of Industry 4.0 on supply chain cost and supply chain flexibility

Erboz

Hüseyinoğlu

2023

BPMJ

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“…Atif (2023) discusses the role of Industry 4.0‐enabled data‐driven shared platforms in enabling product service systems within the context of the CE.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Enhancing circular economy practices through the adoption of digital technologies

Carlos,

de Souza,

Mattos

2024

Bus Strat Dev

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In transitioning from a linear economy model to a circular business, digital technologies can help manage the flow of restorative and regenerative resources. In this context, the present study aims to evaluate the contribution of digital technologies, such as the internet of things (IoT), Big Data and Blockchain in the execution of circular economy (CE) practices and what mechanisms companies are adopting to integrate digital technologies into the circular context. The research method consists of an exploratory case study with a qualitative approach. Two prominent companies took part in the study. The results indicate benefits highlighted by companies, contemplate that Big Data analysis has improved performance in data processing and management, IoT has added monitoring and traceability to companies' packaging, thus bringing efficiency to recycling, recovery, reuse and disposal, and the Blockchain provides traceability, security and reliability for the implemented practice. This study contributes by exploring the factors that will help explain the mechanism for implementing CE practices. The present study integrates two dimensions (i.e., CE and digital technology). In doing so, it expands previous studies on CE practices by adopting digital technologies. As a practical contribution, the companies in the study understood that integration with startups benefits the development of projects. In addition to innovative proposals, they present digital technologies as management solutions for implementing CE practices.

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“…For these businesses to compete in international markets, innovation, and digitalization need to receive new attention. The netzero transition will be largely dependent on digital technologies (Atif, 2023;Trevisan et al, 2023). Over one-third of the worldwide goal for 2030 might be achieved by using digital technologies to reduce carbon emissions by up to 20% globally (Akter et al, 2022;Ali et al, 2022;Okorie et al, 2023).…”

mentioning

confidence: 99%

Digital innovations for micro, small and medium enterprises in the net zero economy: A strategic perspective

Sonar,

Ghag,

Kharde

et al. 2023

Bus Strat Dev

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In order to achieve a net zero economy, there must be a thorough digital revolution where sustainability is given top priority by spurring innovation, generating efficiencies, and improving services. Data show that digitalization is essential to reaching sustainable development goals as the world community struggles to meet the urgent need to combat climate change. Therefore, this study aims at identifying important barriers to digital innovation for MSMEs in a net‐zero economy. This study used past academic literature and the fuzzy‐Delphi method to identify important barriers and the weighted influence nonlinear gauge system (WINGS) method to prioritize and develop contextual relationships between identified barriers. As per the findings, lack of organizational resources and support is the most crucial barrier to digital innovation. This is followed by challenges in designing a digital strategy. The novelty of this study is the identification of digital innovation barriers for MSMEs from net‐zero perspectives and prioritizing them using the WINGS method. This work will help practitioners to define clear organizational policies on digital innovation which will offer great promise for MSMEs to increase their performance.

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The role of industry 4.0‐enabled data‐driven shared platform as an enabler of product‐service system in the context of circular economy: A systematic literature review and future research directions

Abstract: The role of Industry 4.0-enabled data-driven shared platform as an enabler of product-service system in the context of circular economy: a systematic literature review and future research directions. Business Strategy and Development.

Cited by 17 publications

References 143 publications

The role of Industry 4.0 on supply chain cost and supply chain flexibility

The role of Industry 4.0 on supply chain cost and supply chain flexibility

Enhancing circular economy practices through the adoption of digital technologies

Digital innovations for micro, small and medium enterprises in the net zero economy: A strategic perspective

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