Digital Supply Chain and Industry 4.0 Technologies

Abstract

Industry 4.0 and the digital supply chain (DSC) are changing how things are made and moved around the world. This change is all about how smart technologies like the Internet of Things (IoT), artificial intelligence (AI), and blockchain are making supply chains work better. These tools help companies react faster and more clearly to what's needed. By using these new technologies, businesses can get better at guessing what customers want, keeping the right amount of stock, and quickly adjusting to new market trends. With these advanced technologies, companies can see big improvements, like being able to match supply with demand more closely and change their plans fast when things in the market change. It is really important for businesses to get how these tech tools work together as the world of making and selling things keeps changing. This chapter examines the convergence of traditional supply chain systems with Industry 4.0, focusing on the transformative impact of technologies such as the IoT, AI, and blockchain.

Citation

Mubarik, M.S. and Khan, S.A. (2024), "Digital Supply Chain and Industry 4.0 Technologies", The Theory, Methods and Application of Managing Digital Supply Chains, Emerald Publishing Limited, Leeds, pp. 121-132. https://doi.org/10.1108/978-1-80455-968-020241008