Analyzing The Readiness Factors Of The Industries For Implementation Of Industry 4.0 In Production Planning And Control

Abstract

Purpose: The purpose of this paper is to find out all the readiness factors involved for integration of Industry 4.0 in Production planning and Control using Delphi study and to analyse them as per their importance and relativeness using Fuzzy COPRAS methodology. Thus, integration of Industry 4.0 in production planning and control will give the overall new dimension of scope to fight against changing customer demands, against requirement of agility, against inventory management, against right decision making in right time and controlling the industrial value chain.

Design/methodology/approach: Industry 4.0 is a revolution which demands digital transformation of all mechanized and manual activities so that the interconnection between the technologies through web makes the human interface more live and updated. Production planning is the main branch of any industry in operational environment and controlling them is yet another level of difficulty which requires a level beyond human intervention. In this paper Delphi study is conducted after rigorous literature review among top auto makers to finalize the most relevant readiness factors and Fuzzy COPRAS method to analyse their importance.

Findings: This paper focuses on readiness factors which are directly or indirectly related to the implementation of Industry 4.0 in production planning and control and to analysis is done as per their importance and relativeness.

Practical implications: This study has been done with all the top auto makers in India with the key contacts responsible for Production Planning and Control in their organization so this paper gives the results which is having practical relevance

Originality/value: This article results are generated from original work of the authors and will help industries to kick start their Industry 4.0 journey towards implementation of Industry 4.0 in production planning and control.