The Industry 4.0 Life Cycle | 
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Identification and assessment of supply chain risks due to digitization
| Journal | Industrie 4.0 Management |
| Issue | Volume 33, 2017, Edition 3, Pages 68-72 |
| Share | Cite | Download |
Abstract
The digitalization is not only the basis of new business models, smart products and innovative services but also a source of uncertainty. This uncertainty about the economic benefits presents a major implementation barrier. To digitize the german production site until 2025 a reduction of risks is mandatory. The developed life cycle model of Industry 4.0 supply chain networks supports a transparent evaluation of risks. Findings show that there exists a gap between perceived and real risks. For a successful transformation, companies need to overcome those barriers.
Keywords
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