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Title Industry 4.0 Indicators and Their Roles in Strategy Formulation
ID_Doc 19831
Authors Ocampo, L; Himang, C; Obiso, JJ; Bongo, M; Caballes, SA; Abellana, DP; Jabilles, EM; Deocaris, C; Ancheta, R
Title Industry 4.0 Indicators and Their Roles in Strategy Formulation
Year 2021
Published Journal Of Advanced Manufacturing Systems, 20.0, 03
Abstract This paper attempts to extract Industry 4.0 indicators from relevant literature and integrate these indicators in strategy formulation by providing a categorization system according to technological, organizational, inter-organizational, and social and regulatory clusters. The identified 62 indicators are found to cover a wide range of responsibilities accounted for by specific functional teams and cross-functional teams, which collectively aim to support strategic decision-making among stakeholders. The categorization of indicators is necessary to efficiently facilitate corporate level, business level, and functional level strategies.
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