6th North American International Conference on Industrial Engineering and Operations Management

Industry 4.0 Maturity as a Moderator of Industry 4.0’s Impact on Company Financial Performance

Hong Long Chen
Publisher: IEOM Society International
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Track: Industry 4.0
Abstract

Numerous studies advance the contemporary technologies of Industry 4.0. Yet, little is known about how Industry 4.0 implementation influences company financial performance. Using a survey and bootstrap sampling and PROCESS, we investigate links among Industry 4.0 maturity, supply chain performance, and company financial performance. A cross-sectional analysis of 93 companies across 14 industries with 10,000 bootstrap samples reveals that Industry 4.0 maturity positively moderates the relationship between supply chain performance and company financial performance. The research result demonstrates that the relationship between supply chain performance and financial performance is significantly stronger when Industry 4.0 maturity is higher. The finding indicates that Industry 4.0 magnifies the potential financial returns to companies through supply chain performance. We also discuss the managerial and research implications.

Published in: 6th North American International Conference on Industrial Engineering and Operations Management, Monterrey, Mexico

Publisher: IEOM Society International
Date of Conference: November 3-5, 2021

ISBN: 978-1-7923-6130-2
ISSN/E-ISSN: 2169-8767