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Journal ArticleDOI

Prioritization of important factors towards the status of industry 4.0 implementation utilizing AHP and ANP techniques

Dheeraj Nimawat, +1 more
- 03 Nov 2020 - 
- Vol. 28, Iss: 2, pp 695-720
TLDR
In this paper, the authors present the AHP and ANP models to evaluate the requirements and essential elements of the Industry 4.0 implementation in Indian manufacturing industries by utilizing the analytic hierarchy process (AHP) and analytic network process (ANP) techniques.
Abstract
The purpose of the paper is to visualize the priorities of important factors towards the status of Industry 4.0 implementation in Indian manufacturing industries by utilizing the analytic hierarchy process (AHP) and analytic network process (ANP) techniques.,Based on a review of relevant literature, the authors recognized four criteria and 16 critical factors that have been validated by academic and industry experts. AHP and ANP models are then developed to evaluate the requirements and essential elements of the Industry 4.0 implementation. The outcomes were validated with the aid of sensitivity analysis.,The above models offer the industry a clear and straightforward way to understand the critical factors in the status of Industry 4.0 implementation. The two techniques have emerged to be influential in deciding the status of Industry 4.0 implementation. The two methods yielded almost identical outcomes. Both methods take into account the industry's specific needs based on their available capacity.,Decision-makers and specialists will use the strategies discussed in this paper to effectively include the implementation status of Industry 4.0 in their industries, based on their ability to make arrangements for proper implementation of Industry 4.0 and to concentrate on top priority factors when implementing Industry 4.0 at their workplace.,The contribution of this research is that it is the first to be carried out with a view to both AHP and ANP to analyze important factors regarding the implementation status of Industry 4.0 and authentication through sensitivity analysis methods; this is a recent initiative in Industry 4.0.

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References
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Journal ArticleDOI

How to make a decision: The analytic hierarchy process

TL;DR: The Analytic Hierarchy Process (AHP) as discussed by the authors is a multicriteria decision-making approach in which factors are arranged in a hierarchic structure, and the principles and philosophy of the theory are summarized giving general background information of the type of measurement utilized, its properties and applications.
Journal ArticleDOI

Decision making with the analytic hierarchy process

TL;DR: The Analytic Hierarchy Process (AHP) is a theory of measurement through pairwise comparisons and relies on the judgements of experts to derive priority scales that measure intangibles in relative terms.
Journal Article

Decision Making with the Analytic Hierarchy Process

TL;DR: The Analytic Hierarchy Process (AHP) as discussed by the authors is a theory of measurement through pairwise comparisons and relies on the judgements of experts to derive priority scales, these scales are these scales that measure intangibles in relative terms.
Journal ArticleDOI

Co-creation experiences: The next practice in value creation

TL;DR: The meaning of value and the process of value creation are rapidly shifting from a product-and firm-centric view to personalized consumer experiences as discussed by the authors, and consumers are increasingly co-creating value with the firm.
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