Supply Chain Resilience, Industry 4.0, and Investment Interplays: A Review

Abstract

ABSTRACTToday’s global supply chain (SC) is grappling with unprecedented challenges, which rendered conventional SC resilience (SCR) inadequate. In the wake of the Industry 4.0 (I4.0) age, investment in digital SCR (DSCR) relying on I4.0 technologies can potentially enhance organizations abilities to detect, avoid, respond to, and recover from disruptions promptly and efficiently. Literature most focuses on traditional SCR, while DSCR remains incipient. From this, this paper conducts a comprehensive literature review on the SCR, I4.0, and investment (INV) interplays to identify potential research gaps and avenues. It is revealed the integration of SCR-I4.0-INV as a complex and multifaceted process that requires holistic approaches. Some research gaps include the need for empirical studies on DSCR impacts, the role of organizational culture in supporting digital transformation, and investment and resilience trade-offs. This research provides insights for decision-makers and policymakers seeking to develop strategies for promoting resilient SCs in the digital transformation era.

Keywords

• Supply chain resilience
• Industry 4.0
• investment
• artificial intelligence
• cybersecurity