TY - JOUR
T1 - Cyber-physical systems with autonomous machine-to-machine communication
T2 - Industry 4.0 and its particular potential for purchasing and supply management
AU - Schiele, Holger
AU - Torn, Robbert Jan
PY - 2020/7/8
Y1 - 2020/7/8
N2 - The number of publications on the fourth industrial revolution (Industry 4.0, short: I4.0) has increased exponentially. Likewise, significant investments by firms are planned. However, the link between purchasing and I4.0 is largely lacking even though procurement managers have high expectations. The fourth industrial revolution - which refers to the use of cyber-physical systems (CPSs) with autonomous machine-to-machine communication - could have several implications for purchasing processes. Support systems for purchasers are been developed, such as contract analysis software, and the possibility of digital negotiations has emerged and could revitalise e-marketplaces. Operative processes can act autonomously, with automated demand identification in CPSs. To support the development of I4.0 strategies in purchasing, this paper contributes by clearly defining I4.0, distinguishing it from the third industrial revolution, structuring the potential development paths of I4.0 in purchasing and by presenting the result of a project to develop a I4.0 maturity model for purchasing.
AB - The number of publications on the fourth industrial revolution (Industry 4.0, short: I4.0) has increased exponentially. Likewise, significant investments by firms are planned. However, the link between purchasing and I4.0 is largely lacking even though procurement managers have high expectations. The fourth industrial revolution - which refers to the use of cyber-physical systems (CPSs) with autonomous machine-to-machine communication - could have several implications for purchasing processes. Support systems for purchasers are been developed, such as contract analysis software, and the possibility of digital negotiations has emerged and could revitalise e-marketplaces. Operative processes can act autonomously, with automated demand identification in CPSs. To support the development of I4.0 strategies in purchasing, this paper contributes by clearly defining I4.0, distinguishing it from the third industrial revolution, structuring the potential development paths of I4.0 in purchasing and by presenting the result of a project to develop a I4.0 maturity model for purchasing.
KW - Cyber-physical systems
KW - Industry 4.0
KW - Maturity model
KW - Procurement
KW - Purchasing
KW - Supply management
KW - 22/2 OA procedure
UR - http://www.scopus.com/inward/record.url?scp=85090398298&partnerID=8YFLogxK
U2 - 10.1504/IJPM.2020.108617
DO - 10.1504/IJPM.2020.108617
M3 - Article
AN - SCOPUS:85090398298
VL - 13
SP - 507
EP - 530
JO - International journal of procurement management
JF - International journal of procurement management
SN - 1753-8432
IS - 4
ER -