IDEAS home Printed from https://ideas.repec.org/a/ate/journl/ajbev2i2-1.html
   My bibliography  Save this article

SMEs and Industry 4.0 - Introducing a KPI based Procedure Model to identify Focus Areas in Manufacturing Industry

Author

Listed:
  • Mario Kleindienst
  • Christian Ramsauer

Abstract

Currently a paradigm shift in manufacturing industry is claimed. Driven by economic problems Industry 4.0 is hoped for being the solution to bringing back manufacturing to western economies. But especially SMEs tend to wait and see how this trend is developing. What is missing is a clear elaboration of Industry 4.0 specifically for SMEs. This paper elaborates the problems of SMEs with Industry 4.0 that mainly can be related to inherent characteristics like lack of resources. A procedure model is introduced, that mainly consists of 3 steps starting with an analysis of the status quo, where relevant data is gathered. Then KPIs are calculated that should further help to identify focus areas. Finally a decision based on the KPIs has to be made regarding the first steps towards Industry 4.0. This paper introduces the procedure model as well as a first draft of a criteria catalogue for deviating relevant KPIs.

Suggested Citation

  • Mario Kleindienst & Christian Ramsauer, 2016. "SMEs and Industry 4.0 - Introducing a KPI based Procedure Model to identify Focus Areas in Manufacturing Industry," Athens Journal of Business & Economics, Athens Institute for Education and Research (ATINER), vol. 2(2), pages 109-122, April.
    • Handle: RePEc:ate:journl:ajbev2i2-1
    DOI: =10.30958/ajbe.2-2-1
    as

    Download full text from publisher

    File URL: https://www.athensjournals.gr/business/2016-2-2-1-Kleindienst.pdf
    Download Restriction: no
    File URL: https://libkey.io/=10.30958/ajbe.2-2-1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Andrea Ordanini, 2006. "Information Technology and Small Businesses," Books, Edward Elgar Publishing, number 3934.
    2. Friederike Welter, 2015. "Strategien, KMU und Umfeld. Handlungsmuster und Strategiegenese in kleinen und mittleren Unternehmen," Schriften des Rheinisch-Westfälischen Instituts für Wirtschaftsforschung, Duncker & Humblot GmbH, Berlin, edition 1, volume 69, number 51326.
    3. Pfohl, Hans-Christian, 2013. "Abgrenzung der Mittel- und Kleinbetriebe von Großbetrieben," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 73613, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Arfan Shahzad & Mohd Syarol Azuan bin Zakaria & Herbert Kotzab & Muhammad Abdul Majid Makki & Aamir Hussain & Julia Fischer, 2023. "Adoption of fourth industrial revolution 4.0 among Malaysian small and medium enterprises (SMEs)," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-14, December.
    2. Vitkauskaitė, Elena & Varaniūtė, Viktorija & Bouwman, Harry, 2019. "Evaluating SMEs Readiness to Transform to IoT-Based Business Models," 30th European Regional ITS Conference, Helsinki 2019 205220, International Telecommunications Society (ITS).
    3. Bhatia, Purvee & Diaz-Elsayed, Nancy, 2023. "Facilitating decision-making for the adoption of smart manufacturing technologies by SMEs via fuzzy TOPSIS," International Journal of Production Economics, Elsevier, vol. 257(C).
    4. Han, Hui & Trimi, Silvana, 2022. "Towards a data science platform for improving SME collaboration through Industry 4.0 technologies," Technological Forecasting and Social Change, Elsevier, vol. 174(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Klaus Deimel, 2008. "Stand der strategischen Planung in kleinen und mittleren Unternehmen (KMU) in der BRD," Metrika: International Journal for Theoretical and Applied Statistics, Springer, vol. 19(3), pages 281-298, December.
    2. Welter, Friederike & May-Strobl, Eva & Holz, Michael & Pahnke, André & Schlepphorst, Susanne & Wolter, Hans-Jürgen & Kranzusch, Peter, 2015. "Mittelstand zwischen Fakten und Gefühl," IfM-Materialien 234, Institut für Mittelstandsforschung (IfM) Bonn.
    3. Joanna DiPasquale & Claire R. McInerney, 2010. "Knowledge Management in Small- and Medium-Sized Enterprises," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 9(04), pages 341-353.
    4. Welter, Friederike & May-Strobl, Eva & Wolter, Hans-Jürgen & Günterberg, Brigitte, 2014. "Mittelstand im Wandel," IfM-Materialien 232, Institut für Mittelstandsforschung (IfM) Bonn.
    5. Schneck, Stefan & Werner, Arndt & Wolter, Hans-Jürgen, 2015. "Umsatzwachstum und Wachstumsschwellen deutscher Unternehmen," IfM-Materialien 240, Institut für Mittelstandsforschung (IfM) Bonn.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ate:journl:ajbev2i2-1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Afrodete Papanikou (email available below). General contact details of provider: https://www.athensjournals.gr .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.