scholarly journals Towards a Conceptual Development of Industry 4.0, Servitisation, and Circular Economy: A Systematic Literature Review

2021 ◽  
Vol 13 (11) ◽  
pp. 6501
Author(s):  
Sehrish Atif ◽  
Shehzad Ahmed ◽  
Muhammad Wasim ◽  
Bassam Zeb ◽  
Zeeshan Pervez ◽  
...  
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Circular Economy ◽  
Industry 4.0 ◽  
Conceptual Development ◽  
Fully Integrated ◽  
Innovative Products ◽  
Research Findings ◽  
The Impact

Industry 4.0 (I4.0) technologies have been highlighted in recent literature as enablers of servitisation. Simultaneously, businesses are advised to implement a circular economy (CE) to bring new opportunities. However, it is pertinent to mention that little attention has been given to assess the role of I4.0 in adopting the CE and servitisation in a fully integrated manner. This research fills this gap by developing a conceptual framework through a systematic literature review of 139 studies investigating the relationship between the I4.0, CE, and servitisation. This study identifies the impact of these variables on a firm’s operational and financial performance (revenue stream, growth, and profitability). Our research findings advocate that adopting I4.0 technologies to the business and manufacturing model enables sustainability, energy and resource efficiency while enhancing performance and offering innovative products through smart services. Thus, firms must systematically adopt I4.0 technologies to support a CE model that creates value through servitisation. This study identifies the research gaps that are unexplored for practitioners and future researchers while providing insight into the role of I4.0 in implementing CE in the servitisation business model.

scholarly journals Data-Driven Approaches for Circular Economy in Manufacturing for Digital Technologies: A Review of Current Research and Proposed Framework

2018 ◽  
Author(s):  
Okechukwu Okorie ◽  
Konstantinos Salonitis ◽  
Fiona Charnley ◽  
Mariale Moreno ◽  
Christopher Turner ◽  
...  
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Circular Economy ◽  
Industry 4.0 ◽  
Review Paper ◽  
Digital Technologies ◽  
Data Driven ◽  
Empirical Literature ◽  
Future Research ◽  
Current Trends

The Circular Economy has been of growing significance within academic, policymaking and industry groups. Latest developments in the field of Circular Economy has led to an expansion of CE studies focused on interrogating CE as a paradigm, its relationship with sustainability and concepts and definitions of the Circular Economy. Research has also identified the significant potential of applying circular approaches to areas of the economy, including manufacturing and Industry 4.0, which, with data, is enabling latest the advances in digital technologies. This is the first review paper to integrate the fields of CE and digital technologies resulting in a framework which provides directions for policymakers and guidance for future research. To achieve this, we conduct a systematic literature review of the empirical literature related to digital technologies, industry 4.0 and circular approaches, from the point of the 9 Rs. The systematic literature review (SLR) is based on peer-reviewed articles published between 2000-2018. The findings reveal that while research on the circular economy has been on an annual rise, research on digital technologies enabled circular economy is still relatively an untouched area of research across all nine (9) circular approaches. As such this is an area rife for further research. This paper also presents illustrative charts and graphs to summarize the current trends in circular economy research in manufacturing. From this, a framework for future circular economy research for manufacturing for digital technologies is proposed.

scholarly journals Assessing relations between Circular Economy and Industry 4.0: a systematic literature review

2019 ◽  
Vol 58 (6) ◽  
pp. 1662-1687 ◽  
Author(s):  
Paolo Rosa ◽  
Claudio Sassanelli ◽  
Andrea Urbinati ◽  
Davide Chiaroni ◽  
Sergio Terzi
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Circular Economy ◽  
Industry 4.0

Towards a Sustainable Circular Economy

2022 ◽  
pp. 138-164
Author(s):  
Soraya M. Ruiz-Peñalver ◽  
José M. Rodríguez-Antón
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Circular Economy ◽  
State Of The Art ◽  
Sustainable Society ◽  
New Paradigm ◽  
Research Gaps ◽  
Main Research ◽  
Quantitative Studies ◽  
The Impact

The circular economy (CE) is a new paradigm that helps create convergence into a more sustainable society. This chapter shows the main findings of a systematic literature review examining the state of the art of the business concept of sustainability and CE and how scholars have focused on the implementation of circular and sustainable principles in sectors and firms. The main findings show a lack of consensus on definitions related to CE, creating confusion among firms. Final findings also show the challenges that businesses face and the main obstacles that explain why some organisations fail in the transition. Additionally, this review helps to highlight the main research gaps on the topic to encourage sustainability and circularity among firms. Whilst there are an increasing number of papers related to circularity and supply chains, few papers concern with dematerialising products and services. Another gap is the lack of quantitative studies measuring the impact of transitioning to sustainable and circular economies.

scholarly journals Investigating the Integration of Industry 4.0 and Lean Principles on Supply Chain: A Multi-Perspective Systematic Literature Review

2022 ◽  
Vol 12 (2) ◽  
pp. 586
Author(s):  
Mahsa Mahdavisharif ◽  
Anna Corinna Cagliano ◽  
Carlo Rafele
Keyword(s):  
Supply Chain ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Industry 4.0 ◽  
Human Life ◽  
Digital Technologies ◽  
Main Research ◽  
Lean Principles ◽  
Organizational Issues ◽  
The Impact

The development of digital technologies in all aspects of human life leads to increasing the necessity for investigating them in the Supply Chain (SC) as the main channel to provide products. Moreover, Lean principles, with the aim of reducing wastes, could be one of the main research streams in SC in recent years. Therefore, it is valuable to figure out the mutual effects of Lean principles and digital technologies as two growing areas in SC. Previous works did not pay attention to investigating this relationship at the SC level and were more focused on the production level. However, the present work addresses this issue by conducting a multi-perspective Systematic Literature Review (SLR). Additionally, in the present SLR, the impact of individual Industry 4.0 technologies in relation to Lean principles was investigated from various SC perspectives. The results reveal the necessity of studying single SC processes in Lean Digital SC. Moreover, the applicability of each technology should be illustrated to alleviate SC operational and organizational issues. The results provide useful insights about applying single digital technologies as well as a combination of them to each SC process to solve specific issues.

scholarly journals Industry 4.0 Technologies and Their Impact in Contemporary Logistics: A Systematic Literature Review

2021 ◽  
Vol 13 (21) ◽  
pp. 11643
Author(s):  
Orestis K. Efthymiou ◽  
Stavros T. Ponis
Keyword(s):  
Systematic Review ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Industry 4.0 ◽  
Exclusion Process ◽  
High Potential ◽  
Future Research ◽  
Technological Developments ◽  
Research Findings ◽  
Research Questions

Even though the topic of Industry 4.0 in the last decade has attracted significant and multifarious attention from academics and practitioners, a structured and systematic review of Industry 4.0 in the context of contemporary logistics is currently lacking. This study attempted to address this shortcoming by performing a systematic review of the available literature of Industry 4.0 in the logistics context. To that end, and after a systematic inclusion/exclusion process, 65 carefully selected papers were addressed in the study. The results obtained from this study were illustrated and discussed in order to provide answers to two research questions pre-defined by the authors. In essence, this study identified emerging aspects and present trends in the area, addressed the main technological developments and evolution of Industry 4.0 and their impact for contemporary logistics, and finally pinpointed literature shortcomings and currently under-explored areas with a high potential for impactful future research. Findings of this review can hopefully be used as the basis for future research in the emerging Logistics 4.0 concept and related topics.

Integrating Industry 4.0 and circular economy: a review

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Abhishek Sahu ◽  
Saurabh Agrawal ◽  
Girish Kumar
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Circular Economy ◽  
Industry 4.0 ◽  
Manufacturing Industry ◽  
Major Elements ◽  
Integration Framework ◽  
Content Type ◽  
Stage Of Development ◽  
Adoption And Implementation

PurposeIndustry 4.0 and circular economy are the two major areas in the current manufacturing industry. However, the adoption and implementation of Industry 4.0 and circular economy worldwide are still in the nascent stage of development. To address this gap, the purpose of this article is to conduct a systematic literature review on integrating Industry 4.0 and circular economy. Further, identify the research gaps and provide the future scope of work in this area.Design/methodology/approachContent-based analysis was adopted for reviewing the research articles and proposed a transition framework that comprises of four categories, namely, (1) Transition from Industry 3.0 to Industry 4.0 and integration with circular economy; (2) Adoption of combined factors and different issues; (3) Implementation possibilities such as front-end technologies, integration capabilities and redesigning strategies; (4) Current challenges. The proposed study reviewed a total of 204 articles published from 2000 to 2020 based on these categories.FindingsThe article presents a systematic literature review of the last two decades that integrates Industry 4.0 and circular economy concepts. Findings revealed that very few studies considered the adoption and implementation issues of Industry 4.0 and circular economy. Moreover, it was found that Industry 4.0 technologies including digitalization, real-time monitoring and decision-making capabilities played a significant role in circular economy implementation. The major elements are discussed through the analysis of the transition and integration framework. The study further revealed that a limited number of developing countries like India have taken preliminary initiatives toward Industry 4.0 and circular economy implementation.Research limitations/implicationsThe study proposes a transition and integration framework that identifies adoption and implementation issues and challenges. This framework will help researchers and practitioners in implementation of Industry 4.0 and circular economy.Originality/valueReviews of articles indicated that there are very few studies on integrating Industry 4.0 and circular economy. Moreover, there are very few articles addressing adoption and implementation issues such as legal, ethical, operational and demographic issues, which may be used to monitor the organization's performance and productivity.

scholarly journals Industry 4.0 and human resource in Indonesia: a systematic literature review

2021 ◽  
Vol 190 (5-6(2)) ◽  
pp. 171-180
Author(s):  
Octavia Diana Monica Tuegeh ◽  
◽  
Mónika Harangi-Rákos ◽  
Adrian Szilárd Nagy ◽  
◽  
...  
Keyword(s):  
Higher Education ◽  
Labor Market ◽  
Literature Review ◽  
Human Resource ◽  
Systematic Literature Review ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Research Purpose ◽  
Job Market ◽  
The Impact

There are concerns about the impact of Industrial Revolution 4.0 and challenges on the job market. This research purpose is to analyze the impact of the 4.0 industrial revolution on the labor market related to its consequences for higher education. Based on the Systematic Literature Review using VOSview, this research found the challenges of Industry 4.0 on the job market in Indonesia. Based on the challenges, this research purpose competencies and skill acquired and how the need for higher education to change to answer these challenges.

Cognitive biases and decision-making strategies in times of change: a systematic literature review

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chiara Acciarini ◽  
Federica Brunetta ◽  
Paolo Boccardelli
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Cognitive Biases ◽  
Future Research ◽  
Strategic Decisions ◽  
Data Set ◽  
Content Type ◽  
The Impact

PurposeIn a work environment marked by unprecedented complexity, volatility and ambiguity, managers must accomplish their objectives while navigating many challenges. This paper aims to investigate potential interrelations among environmental transformations, cognitive biases and strategic decisions. In particular, the purpose of the study is to crystallize the state of art on the impact of cognitive biases on strategic decisions, in the context of environmental transformations.Design/methodology/approachThe authors have conducted a systematic literature review to identify existing relevant work on this topic and to detect potential avenues for future research.FindingsThe findings highlight how decision-making is influenced and enabled by internal (e.g. perception) and external factors (e.g. digitalization). Specifically, the strategic role of cognitive biases appears to be crucial when investigating the related impact on strategic decisions in times of environmental transformation.Practical implicationsImplications are drawn for scholars and practitioners interested in evaluating the role of specific decision-making determinants for the formation and implementation of strategic decisions. In this sense, we stress that decision-makers need to manage their cognitive biases and select the right information out of a wide data set in order to adapt to environmental transformations.Originality/valueBy systematizing the literature review, potential interrelations among environmental transformations, cognitive biases and strategic decisions are identified. Furthermore, the primary phases that drive the decision-making process are proposed (analysis, decision, onboarding and control).

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