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Prioritization of strategies to overcome the barriers in Industry 4.0: a hybrid MCDM approach

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  • Veepan Kumar

    (Indian Institute of Technology)

  • Prem Vrat

    (The NorthCap University)

  • Ravi Shankar

    (Indian Institute of Technology)

Abstract

Over the past few years, Industry 4.0 has received significant global attention owning to its capability to enhance the sustainability and future competitiveness of the manufacturing sector. However, manufacturers are experiencing numerous difficulties while implementing Industry 4.0 due to the sheer number of barriers. In light of this, the present study aims to identify the Industry 4.0 barriers and prioritize the strategies to overcome these barriers for the successful implementation of Industry 4.0. Based on the extensive literature review and discussion with experts, a total of twenty-three Industry 4.0 barriers and eighteen strategies were identified and finalized. This research proposes a hybrid framework using Modified Stepwise Weight Assessment Ratio Analysis and Weighted Aggregated Sum Product Assessment methods to propose the strategies to overcome the Industry 4.0 barriers. In order to demonstrate the practical applicability of the proposed framework, an empirical case investigation of an Indian auto component manufacturing company has been carried out. The findings of this study reveal that “Commitment from top management towards Industry 4.0 implementation” is the top-ranked strategy, followed by ‘Framing of a strategic roadmap for Industry 4.0 implementation’ and “Align people, process and technology for effective change management” to mitigate the impact of Industry 4.0 barriers. The proposed framework offers a systematic approach for the practitioners to understand and analyze the various barriers and strategies to overcome these barriers for successful implementation of Industry 4.0.

Suggested Citation

  • Veepan Kumar & Prem Vrat & Ravi Shankar, 2021. "Prioritization of strategies to overcome the barriers in Industry 4.0: a hybrid MCDM approach," OPSEARCH, Springer;Operational Research Society of India, vol. 58(3), pages 711-750, September.
    • Handle: RePEc:spr:opsear:v:58:y:2021:i:3:d:10.1007_s12597-020-00505-1
    DOI: 10.1007/s12597-020-00505-1
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    Cited by:

    1. Saporiti, Nicolò & Cannas, Violetta Giada & Pozzi, Rossella & Rossi, Tommaso, 2023. "Challenges and countermeasures for digital twin implementation in manufacturing plants: A Delphi study," International Journal of Production Economics, Elsevier, vol. 261(C).
    2. Veepan Kumar & Prem Vrat & Ravi Shankar, 2022. "Factors Influencing the Implementation of Industry 4.0 for Sustainability in Manufacturing," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 23(4), pages 453-478, December.
    3. Silvia Carpitella & Ilyas Mzougui & Joaquín Izquierdo, 2022. "Multi-criteria risk classification to enhance complex supply networks performance," OPSEARCH, Springer;Operational Research Society of India, vol. 59(3), pages 769-785, September.
    4. Teresa Galanti & Clara De Vincenzi & Ilaria Buonomo & Paula Benevene, 2023. "Digital Transformation: Inevitable Change or Sizable Opportunity? The Strategic Role of HR Management in Industry 4.0," Administrative Sciences, MDPI, vol. 13(2), pages 1-19, January.

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