The modern history of technical progress is relatively short, as it encompasses merely around 250 years. Within it, we can distinguish four time periods called industrial revolutions. The fourth one of these, which is currently ongoing, is characterized by such ground-breaking inventions as...

Objective: The aim of this article is to identify the impact of the Industrial Revolution 4.0 (IR 4.0) on the production processes of goods and services, their ground-breaking changes, and their potential economic, social, and political consequences. Research Design & Methods: The article was...

Manufacturing and supply networks worldwide are undergoing digital transformation under the umbrella of Smart Manufacturing and Industry 4.0. Just as companies embrace digital technologies and leverage the opportunities presented by Artificial Intelligence (AI) forming digital supply networks,...

Given the importance of human centricity, resilience, and sustainability, the emerging concept of Industry 5.0 has pushed forward the research frontier of the technology-focused Industry 4.0 to a smart and harmonious socio-economic transition driven by both humans and technologies, where the...

Purpose: Due to the large number of intermediaries in logistics networks there is avariety of possible failures, frictions and waste of time and money among the logisticsprocess chain. With the ability to provide data securely in near real-time, liketrack and tracing data of goods to every...

Purpose: The aerospace supply chain is characterized by a high degree of small andmedium-sized suppliers. To stay competitive, suppliers are facing high pressures todigitalize their business but have limited resources available. Furthermore, aerospacesuppliers lack a framework to measure their...

Purpose: In order to keep up with the automation Smart Factories will bring into the market, procurement logistics has to be redesigned to ensure self-organizing production. The purpose of this paper is to examine the future changes of the procurement processes as well as the further role of...