| Title | Analysing the drivers for adoption of Industry 4.0 technologies in a functional paper - cement - sugar circular sharing network |
|---|---|
| ID_Doc | 21815 |
| Authors | Vimal, KEK; Churi, K; Kandasamy, J |
| Title | Analysing the drivers for adoption of Industry 4.0 technologies in a functional paper - cement - sugar circular sharing network |
| Year | 2022 |
| Published | |
| Abstract | Recent studies have established the relevance and importance of Industry 4.0 (I4.0) technologies in circular economy (CE) models. However, due to the vast contrast between the two concepts and their recent popularity, the factors that drive the integration of I4.0 technologies in CE models have not been explored so far. This paper, therefore, contributes to the literature by investigating the various driving factors that underpin the adoption of I4.0 technologies in a functional circular sharing network (CSN). The case CSN that is chosen for this study is an industrial ecosystem consisting of sugar factory, paper industry, spirit manufacturing industry, and cement industry. A total of 13 drivers are determined through an extensive literature review and by incorporating inputs of Expert Committees (ECs). An integrated approach of Total Interpretive Structural Modelling (TISM) and Cross Impact Matrix Multiplication applied to classification (MICMAC) is employed to find the interdependencies between the drivers identified and to analyse them systematically. The TISM method establishes a 6-level hierarchical model of the drivers, while MICMAC analysis classifies the drivers into 4 categories. The findings reveal that Real-time data collection is the most influential driver, while gaining a competitive edge is the most dependent among the drivers that influence the adoption of I4.0 in a functional CSN. This paper aims to provide insights to industrial decision-makers and practitioners to effectively strategize the implementation of I4.0 technologies to enhance performance and complement CE principles. It also lays the foundations of future research on factors involved in the integration of I4.0 and CE.(c) 2022 Institution of Chemical Engineers. Published by Elsevier Ltd. All rights reserved. |
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