Systematic Literature Review on Industry Revolution 4.0 to Enhance Supply Chain Operation Performance

Abstract

Industry 4.0 is a notion in which industries automate systems and processes, innovate digitally, and share information. It aims to obtain a smart factory in an attempt to lessen required time in responding to consumer demand or unexpected circumstances and to enhance organizational productivity. The integration of Industry 4.0 and supply chain management (SCM) ensures immense development opportunities for manufacturing firms. This article provides a systematic literature review and formulation of the existing research on Industry 4.0 in SCM, resulting in some intriguing analyses that will be useful to academics and industry, particularly top managers. The content of the article is classified into three categories: exploratory vs. confirmatory, qualitative vs. quantitative, and management level vs. technology level. The findings will benefit managers in understanding the significance of Industry 4.0 and its relationship with SCM. The formation of clusters and their affiliations has resulted in the emergence of new areas requiring managerial attention. The article concludes by examining the possibilities of the present and future research.