Technology Mapping of Industry 4.0 to Logistics
Abstract
There is no doubt that the world as it is today is heavily industrialised and advancements
in technology remains an important factor in this phenomenon. Most
companies in a bid to stay relevant and competitive have had to adopt current technology
in order to improve processes. Therefore this study assesses how the use of
technology in the current fourth industrial revolution (industry 4.0) affect the logistics
performance of companies. This was carried out by analysing the influence of
some nine pillars of Industry 4.0 on selected Key Performance Indicators (KPIs) of
logistics using expanded DEMATEL to examine the bidirectional cause and effect
relationship. The researchers found the pillars of industry 4.0 as the cause factors
and the KPIs of logistics as the effect factors with warehouse cost coming up as
the most important factor to consider in logistics management. The result thus
implies that using current technology in industry 4.0 essentially improves logistics
performance.
Degree
Master 2-years
Other description
MSc in Logistics and Transport Management
Collections
View/ Open
Date
2022-08-03Author
Assibey-Yeboah, Mavis
Antwi, Sandra
Keywords
Industry 4.0
Logistics
Technology
Key Performance Indicators
Warehouse
Transportation
Digitalisation
Automation
Multi Criteria Decision Making
DEMATEL
Series/Report no.
2022:97
Language
eng