10th Annual International Conference on Industrial Engineering and Operations Management

Study of Key Enablers of Industry 4.0 Practices Implementation Using ISM-Fuzzy MICMAC Approach

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Track: Operations Management
Abstract

Industry 4.0 (I4) has rapidly gain its importance across manufacturing industries over the globe. It can be seen as the fourth up gradation of Industry sector, which is competent to influencing entire business processes mainly at the designing, production and delivery stages. Accordingly, the primary objective of this paper is to identify the key enablers of I4 practices that facilitate its adoption across the Indian manufacturing industries. This study captures a unique set of ten key enablers with the help of existing literature. Further, Interpretive Structural Modeling (ISM)-fuzzy MICMAC was used to assess the interrelation ship among key enablers and also compute a structural hierarchy. The primary result indicates that ‘Supportive government policies have critical impact in implementing I4 practices in Indian perspective. This study may help practitioners and policy makers in implementation of I4 practices in Indian perspective for sustainable business development.

Published in: 10th Annual International Conference on Industrial Engineering and Operations Management, Dubai, United Arab Emirates

Publisher: IEOM Society International
Date of Conference: March 10-12, 2020

ISBN: 978-1-5323-5952-1
ISSN/E-ISSN: 2169-8767