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Application of Industry 4.0 in the Procurement Processes of Supply Chains: A Systematic Literature Review

Citation

Jahani, N and Sepehri, A and Vandchali, HR and Tirkolaee, EB, Application of Industry 4.0 in the Procurement Processes of Supply Chains: A Systematic Literature Review, Sustainability, 13, (14) Article 7520. ISSN 2071-1050 (2021) [Refereed Article]


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Copyright Statement

Copyright: 2021 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution 4.0 International (CC BY) license (https://creativecommons.org/licenses/by/4.0/).

DOI: doi:10.3390/su13147520

Abstract

The fourth industrial revolution has significantly changed the traditional way of managing supply chains. The applications of Industry 4.0 (I4.0) technologies such as the Internet of Things (IoT) and Artificial Intelligence (AI) in different processes of supply chains have assisted companies to improve their performance. Procurement can be considered a critical process in supply chain management since it can provide novel opportunities for supply chains to improve their efficiency and effectiveness. However, I4.0 applications can be costly and may not be reasonably affordable. Therefore, the benefits of implementing these technologies should be clarified for procurement managers before investing in the digitalization of the procurement process. Despite the importance of this issue, few papers have attempted to address the effects of I4.0 technologies and smart systems in procurement. To fill this gap, a Systematic Literature Review (SLR) on the applications of I4.0 technologies in procurement has been used in this study. By reviewing 70 papers through appropriate keywords, a conceptual framework is developed to classify different value propositions provided by the different applications of I4.0 technologies in procurement processes. Results reveal nine value propositions that can provide a better understanding for the procurement department to analyze the benefits of implementing the related I4.0 technologies in different activities. Finally, findings and future study opportunities are concluded.

Item Details

Item Type:Refereed Article
Keywords:industry 4.0, procurement process, value proposition, systematic literature review, supply chain, sustainable development
Research Division:Commerce, Management, Tourism and Services
Research Group:Transportation, logistics and supply chains
Research Field:Supply chains
Objective Division:Defence
Objective Group:Defence
Objective Field:Logistics
UTAS Author:Vandchali, HR (Dr Hadi Rezaei Vandchali)
ID Code:145737
Year Published:2021
Web of Science® Times Cited:10
Deposited By:Maritime and Logistics Management
Deposited On:2021-08-04
Last Modified:2021-09-14
Downloads:8 View Download Statistics

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