Logistics 4.0: Digital Transformation of Supply Chain Management

Industrial revolutions have impacted manufacturing and service, leading to improvements in productivity. Logistics 4.0, powered by emerging technologies like IoT, AI, robotics, cyber security, data analytics, block chain, and cloud technology, enables more efficient production and distribution systems. This initiative has been called Logistics 4.0 of the fourth Industrial Revolution in SCM due to its high potential.

Format: Paperback / softback
Length: 368 pages
Publication date: 01 August 2022
Publisher: Taylor & Francis Ltd

The impact of industrial revolutions on manufacturing and service sectors has been profound, transforming the way operations and supply chain management (SCM) are conducted. From the advent of the steam engine to the advent of digital automated production, these revolutions have brought about significant changes in the way businesses operate. The swift changes in manufacturing and service systems have led to remarkable improvements in productivity, enabling companies to achieve more in less time.

However, the fast-paced environment also brings with it new challenges and opportunities. Companies must adapt to emerging concepts such as Internet of Things (IoT), Cyber Physical Systems, artificial intelligence (AI), robotics, cyber security, data analytics, blockchain, and cloud technology to remain competitive. These emerging technologies have facilitated and expedited the birth of Logistics 4.0, a new era of SCM that leverages a set of technologies to execute more efficient production and distribution systems.

Logistics 4.0 is characterized by the connection of entities, machines, physical items, and enterprise resources along the supply chains through sensors, devices, and the internet. IoT enables customers to make more suitable and valuable decisions by providing them with data-driven insights into their operations. Moreover, the systems' ability to gather and analyze information about the environment at any given time and adapt itself to rapid changes adds significant value to SCM processes.

In this peer-reviewed book, experts from all over the world present a conceptual framework for Logistics 4.0 and provide examples for the usage of Industry 4.0 tools in SCM. The book covers various aspects of Logistics 4.0, including its definition, principles, technologies, and applications. It also discusses the challenges and opportunities that Logistics 4.0 presents for businesses and provides strategies for successful implementation.

Overall, this book is a valuable resource for professionals, researchers, and students interested in the field of Logistics 4.0 and its potential to drive innovation and growth in the manufacturing and service sectors. By leveraging the power of Industry 4.0 tools, companies can achieve greater efficiency, productivity, and customer satisfaction in the ever-changing business landscape.

Weight: 680g
Dimension: 254 x 178 (mm)
ISBN-13: 9780367634285