Impact of Industry 4.0 Technologies for Advancement of Supply Chain Management (SCM) Sustainability

Abstract

The purpose of this chapter is to explore the potential impact of Industry 4.0 on the advancement of supply chain management. The fourth industrial revolution brought potential reform with better performances in SCM sustainability. This study analyses how Industry 4.0 technologies are becoming instruments to advance supply chain performance. A theoretical discussion of systems theory is associated with this research to highlight key approaches of Industry 4.0 for sustainable SCM. Qualitative analysis was used in this research by explaining the primary and secondary data to discuss research problems. This research also used empirical methods to highlight the role of the following technologies for huge performance improvement in the SCM, for example, artificial intelligence, robotics, the internet of things (IoT), machine learning, big data analytics (BDA), blockchain, and additive manufacturing.