Resilient Infrastructure Of Logistics Industry Towards Industrial Revolution 4.0 In Malaysia
Main Article Content
Abstract
Purpose - The aim of this paper is to investigate the readiness level of resilient infrastructure of Malaysia's logistics industry shifting towards Industry Revolution 4.0 adoption as well as influencing factors integrating financial availability, skills development, economics benefits, perceived benefits, and organization vision and strategy.
Methods - The study employed quantitative research to investigate the logistics industry's readiness shifting towards Industry Revolution 4.0 in Malaysia. Simple linear regression analysis was employed to examine factors influencing the readiness. The study surveyed 234 top managerial personnel in a logistics-related organisation who had decision-making authority.
Findings - Financial capital, skill growth, economic benefits, and perceived benefits, as well as organisational vision and strategy have significant influence on the logistics industry's readiness in the direction of Industrial Revolution 4.0 in Malaysia.
Implications - This study provides essential information about the level of readiness of logistic firms in Malaysia, helping them to recognise areas in their practises that need to be strengthened to effectively introduce Logistic 4.0. Simultaneously, companies in the logistics industry who want to adopt Logistic 4.0 can use the findings of this study to determine their readiness. Managers use this research as a guide to help them make better decisions on what aspects of their operations need to be changed to effectively deploy or maintain the industry.
Originality/value - This study is one of the few that looks at whether Malaysian logistics companies are ready to introduce and maintain the Fourth Industrial Revolution. As a result, this study adds to the limited body of information about Industry 4.0 in the logistics industry.