Opportunities of Sustainable Manufacturing in Industry 4.0
TL;DR: In this article, the authors present a state-of-the-art review of Industry 4.0 based on recent developments in research and practice, and present an overview of different opportunities for sustainable manufacturing in Industry 5.0.
About: This article is published in Procedia CIRP.The article was published on 2016-01-01 and is currently open access. It has received 1276 citations till now. The article focuses on the topics: Sustainable development & Sustainability.
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TL;DR: The Industry 4.0 environment is scanned on this paper, describing the so-called enabling technologies and systems over the manufacturing environment.
586 citations
TL;DR: In this article, the authors make the case for integrating two industrial waves that promise to re-shape current patterns of production and consumption: Industry 4.0 and environmentally-sustainable manufacturing.
561 citations
TL;DR: In this article, a comprehensive study on various factors, that affects the sustainable supply chain were analyzed and the results recorded, based on the review, a framework for assessing the readiness of supply chain organization from various perspectives has been proposed to meet the requirements of the fourth Industrial Revolution.
526 citations
TL;DR: In this paper, the authors identify key challenges to Industry 4.0 initiatives and analyze the identified key challenges in order to prioritize them for effective Industry4.0 concepts for supply chain sustainability in emerging economies.
503 citations
Cites background from "Opportunities of Sustainable Manufa..."
...Smart factories can have a variety of sustainability implications like optimal use of resources, technology etc. (Stock and Seliger, 2016; Quezada et al., 2017)....
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...Hence, rigorous research is needed to address sustainability implications in Industry 4.0 based smart industrial value chain systems (Sarkis, 2012; Schmidt et al., 2015; Stock and Seliger, 2016; Waibel et al., 2017)....
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...On the other hand, industries are struggling to fulfill the continuously changing preferences of customers along with ensuring a sustainable evolvement in business (Stock and Seliger, 2016)....
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TL;DR: In this article, the authors introduce a measures framework for sustainability based on the United Nations Sustainable Development Goals (SDGs) incorporating various economic, environmental and social attributes, and develop a hybrid multi-situation decision method integrating hesitant fuzzy set, cumulative prospect theory and VIKOR.
485 citations
References
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01 Jan 1998
TL;DR: Porter's concept of the value chain disaggregates a company into "activities", or the discrete functions or processes that represent the elemental building blocks of competitive advantage as discussed by the authors, has become an essential part of international business thinking, taking strategy from broad vision to an internally consistent configuration of activities.
Abstract: COMPETITIVE ADVANTAGE introduces a whole new way of understanding what a firm does. Porter's groundbreaking concept of the value chain disaggregates a company into 'activities', or the discrete functions or processes that represent the elemental building blocks of competitive advantage. Now an essential part of international business thinking, COMPETITIVE ADVANTAGE takes strategy from broad vision to an internally consistent configuration of activities. Its powerful framework provides the tools to understand the drivers of cost and a company's relative cost position. Porter's value chain enables managers to isolate the underlying sources of buyer value that will command a premium price, and the reasons why one product or service substitutes for another. He shows how competitive advantage lies not only in activities themselves but in the way activities relate to each other, to supplier activities, and to customer activities. That the phrases 'competitive advantage' and 'sustainable competitive advantage' have become commonplace is testimony to the power of Porter's ideas. COMPETITIVE ADVANTAGE has guided countless companies, business school students, and scholars in understanding the roots of competition. Porter's work captures the extraordinary complexity of competition in a way that makes strategy both concrete and actionable.
17,979 citations
TL;DR: In this paper, a Gaussian process classifier was used to estimate the probability of computerisation for 702 detailed occupations, and the expected impacts of future computerisation on US labour market outcomes, with the primary objective of analyzing the number of jobs at risk and the relationship between an occupations probability of computing, wages and educational attainment.
4,853 citations
TL;DR: In this article, sustainable business models (SBM) incorporate a triple bottom line approach and consider a wide range of stakeholder interests, including environment and society, to drive and implement corporate innovation for sustainability, can help embed sustainability into business purpose and processes, and serve as a key driver of competitive advantage.
2,360 citations
"Opportunities of Sustainable Manufa..." refers background in this paper
...for the environment or society [19] or they can even fundamentally contribute to solving an environmental or social problem [20]....
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TL;DR: In this paper, the authors propose a framework to position sustainable entrepreneurship in relation to sustainability innovation, which is based on a typology of sustainable entrepreneurship, including social and institutional entrepreneurship.
Abstract: The purpose of this paper is to propose a framework to position sustainable entrepreneurship in relation to sustainability innovation. The framework builds on a typology of sustainable entrepreneurship, develops it by including social and institutional entrepreneurship, i.e. the application of the entrepreneurial approach towards meeting societal goals and towards changing market contexts, and relates it to sustainability innovation. The framework provides a reference for managers to introduce sustainability innovation and to pursue sustainable entrepreneurship. Methodologically, the paper develops an approach of qualitative measurement of sustainable entrepreneurship and how to assess the position of a company in a classification matrix. The degree of environmental or social responsibility orientation in the company is assessed on the basis of environmental and social goals and policies, the organization of environmental and social management in the company and the communication of environmental and social issues. The market impact of the company is measured on the basis of market share, sales growth and reactions of competitors. The paper finds conditions under which sustainable entrepreneurship and sustainability innovation emerge spontaneously. The research has implications for theory and practitioners in that it clarifies which firms are most likely under specific conditions to make moves towards sustainability innovation. The paper makes a contribution in showing that extant research needs to be expanded with regard to motivations for innovation and that earlier models of sustainable entrepreneurship need to be refined. Copyright © 2010 John Wiley & Sons, Ltd and ERP Environment.
1,129 citations
TL;DR: In this paper, the authors provide a historical view of the motivations and means for pursuing industrial symbiosis, defined to include physical exchanges of materials, energy, water, and by-products among diversified clusters of firms.
Abstract: Summary Since 1989, efforts to understand the nature of interfirm resource sharing in the form of industrial symbiosis and to replicate in a deliberate way what was largely self-organizing in Kalundborg, Denmark have followed many paths, some with much success and some with very little. This article provides a historical view of the motivations and means for pursuing industrial symbiosis—defined to include physical exchanges of materials, energy, water, and by-products among diversified clusters of firms. It finds that “uncovering” existing symbioses has led to more sustainable industrial development than attempts to design and build eco-industrial parks incorporating physical exchanges. By examining 15 proposed projects brought to national and international attention by the U.S. President’s Council on Sustainable Development beginning in the early 1990s, and contrasting these with another 12 projects observed to share more elements of self-organization, recommendations are offered to stimulate the identification and uncovering of already existing “kernels” of symbiosis. In addition, policies and practices are suggested to identify early-stage precursors of potentially larger symbioses that can be nurtured and developed further. The article concludes that environmentally and economically desirable symbiotic exchanges are all around us and now we must shift our gaze to find and foster them.
924 citations
"Opportunities of Sustainable Manufa..." refers background in this paper
...cooperation of different factories for realizing a competitive advantage by trading and exchanging products, materials, energy, water [21] and also smart data on a local level....
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