Leveling the sustainability opportunities of the 4th generation industry and digitalization using Interpretive Structural Modelling (ISM)
Subject Areas : Industrial ManagementSeyed Khadije Hosseini 1 , Ali Haji Gholam Saryazdi 2 , Mansour Momeni 3
1 - Ph.D. Candidate, Faculty of Management, University of Tehran, Tehran, Iran
2 - Department of Systems Dynamics, Faculty of Management, Imam Javad Higher Education Institute, Yazd, Iran
3 - Prof., Department of Industrial Management, Faculty of Management University of Tehran, Tehran, Iran
Keywords: Fourth industrial revolution, Fuzzy Delphi, ISM method, MICMAC method, sustainability,
Abstract :
The digital revolution, a key aspect of the fourth industrial revolution (Industry 4.0), is fundamentally transforming how people live and work. There is a growing optimism within society regarding the sustainability opportunities that Industry 4.0 can provide. This article aims to evaluate the relationship between Industry 4.0 and sustainability opportunities that enhance supply chain management performance. It also seeks to assist stakeholders and industrialists in understanding the potential benefits of the digital revolution for sustainability. To achieve this objective, we conducted a comprehensive review of the research literature and identified 24 sustainability frameworks relevant to the fourth industrial revolution. After localizing the indicators using the fuzzy Delphi method, we employed a combination of Interpretive Structural Modeling (ISM) and the MICMAC approach, utilizing MATLAB and Excel software to establish mutual relationships and hierarchically categorize these criteria. This stratification has led to a deeper understanding of Industry 4.0's performance and its impact on three distinct dimensions of sustainability, which represents a significant innovation of this research. The primary finding reveals that self-organization and adaptation, informed decision-making, digitalization of the value chain, and intelligent energy management systems are foundational elements within the structural model. Our study can serve as a basis for future empirical research to explore how companies integrate and implement Industry 4.0 technologies in their operations and the subsequent effects on the sustainability of their supply chains.
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