Industry 4.0 Based Digital Supply Chain Business Analysis

Abstract

Industry 4.0 is a period in which advanced digital technologies are integrated into production processes. In this period, technologies such as automation, data analysis, artificial intelligence and the internet of things are used to increase the efficiency of enterprises, optimize their operational processes and gain competitive advantage. In today's rapidly developing technology, the business world is constantly changing and transforming. Industry 4.0 is the most obvious example of this transformation. Industry 4.0 is a period in which advanced digital technologies are integrated into production processes and includes the use of technologies such as automation, data analysis, artificial intelligence and the internet of things. However, business analysis is of great importance in order to understand the value these technologies provide to businesses and to use them in the best way. Business analysis enables businesses to analyze data, evaluate their processes, improve them and determine their future strategies. Industry 4.0 offers new opportunities for business analysis. In particular, the increase in the amount of data in production processes and the use of advanced digital technologies have made the role of business analysis even more important. With Industry 4.0, business analysis has become a basic tool used to increase the efficiency of enterprises, optimize their operational processes and gain competitive advantage. With data analysis and business intelligence techniques, businesses can analyze their production processes, evaluate productivity levels, detect errors and identify opportunities for improvement. While automation and artificial intelligence help businesses optimize their processes and increase efficiency, business analysis can analyze the performance of these technologies and identify areas for improvement in processes. These factors have caused businesses to review their supply chain strategies. Therefore, businesses that want to remain competitive must manage their supply chains effectively and efficiently. For this, real-time information sharing and coordination between supply chain partners should be ensured. Activities such as organizing purchasing, production and distribution processes, stock management, improving supplier relations, receiving customer feedback quickly and responding to demands effectively and efficiently will be possible with the digitalization of the traditional supply chain. In this study, it is aimed to explain the general structure of the digital supply chain, which facilitates and makes the supply chain activities of the enterprises efficient. For this purpose, a general literature review has been made about the general structure of the digital supply chain, its relationship with industry 4.0, the transformation from the traditional supply chain to the digital supply chain, the haracteristics of the digital supply chain, combining these basic elements with business analysis, its basic characteristics and benefits. In addition, the importance of the Internet of Things and cloud computing in the digital supply chain processes is also examined in this study.