Assessing the industry 4.0 strategies for a steel supply chain: SWOT, game theory, and gap analysis
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Summary
This summary is machine-generated.Industry 4.0 implementation in Iran's steel supply chain is crucial. Significant gaps exist, particularly in infrastructure and balancing, requiring substantial improvements to reach desired goals.
Area Of Science
- Industrial Engineering
- Supply Chain Management
- Operations Research
Background
- The Fourth Industrial Revolution (Industry 4.0) is transforming global industries.
- Steel supply chains are vital economic components, with Iran's steel sector contributing significantly to its GDP.
- Implementing Industry 4.0 in the steel industry offers substantial potential for advancement.
Purpose Of The Study
- To develop an integrated framework for identifying and evaluating critical Industry 4.0 implementation factors in large industrial supply chains.
- To determine effective policies for implementing these factors and analyze the gap between current and desired states.
- To assess the specific challenges and opportunities for Industry 4.0 adoption in the Iranian steel supply chain.
Main Methods
- Utilized the fuzzy Delphi method with literature review and expert interviews to define Industry 4.0 components.
- Developed Strengths, Weaknesses, Opportunities, and Threats (SWOT) policies.
- Applied game theory to identify optimal policy combinations and conducted a gap analysis.
Main Results
- Identified critical factors and policies for Industry 4.0 implementation in the steel supply chain.
- The current Iranian steel supply chain significantly lags behind Industry 4.0 objectives, especially in infrastructure and balancing.
- A performance gap was revealed, with a current score of 0.16 versus a target of 0.84.
Conclusions
- Substantial improvements are necessary to achieve Industry 4.0 goals in the Iranian steel supply chain.
- Addressing infrastructure and supply chain balancing are key priorities for successful adoption.
- The study provides a framework and policy recommendations for advancing Industry 4.0 in this critical sector.
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