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Original research INDUSTRY 4.0 AND AGILE SUPPLY CHAINS FOR SUSTAINABLE DEVELOPMENT: ENABLERS, PRACTICES, AND PERFORMANCEPages 179-192
Abstract
There are ample benefits of integrating Industry 4.0 with Agile Supply Chains (AgSC). The arrival of Industry 4.0 and Artificial Intelligence (AI), Big Data Analytics, Internet of Things (IoT), and blockchain provided great prospects for AgSC that played a responsive role in achieving tractability, responsiveness in establishing resilience and sustainability performance. It will promote impending gains including reduced carbon footprint by incorporating sustainable practices such as eco-friendly packaging material, and market positioning. The 4IR with blockchain can support sustainability by identifying areas of inefficiencies and waste. The organization can take initiative to address them through partnerships. Therefore, the integration of Industry 4.0 in AgSC can bring about a range of benefits. The study followed systematic literature review (SLR), developed hypotheses, and hypotheses are validated based on secondary data collected through SLR to evaluate the benefits of sustainability with Industry 4.0 and AgSC. The critical success factors (CSFs) for Industry 4.0 success are big data, IoT, IIoT, AI, machine learning, and cloud computing Sustainability can minimize waste, reduce carbon footprint, and improve operational efficiency with sustainable practices. Findings show that Industry 4.0 integration can lead to sustainability, and it concludes that Industry 4.0 and AgSC are suitable for competitive in changing global scenarios.
Keywords: Sustainability, Sustainable manufacturing, carbon footprint, Agile Supply Chain, Industry 4.0.
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