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Identify and prioritize industry 4.0 technology in supply chain finance based on sustainability approach
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Z. Zamami   , M. Moradi , M. Ebrahimpour |
| Department of Management, Faculty of Management and Economics, University of Guilan, Rasht, Iran |
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Abstract: (20 Views) |
This study seeks to systematically identify and prioritize the Industry 4.0 technologies that influence sustainable supply chain finance and assess the individual impacts of these technologies on the sustainability of supply chains. Industry 4.0 represents a transformative paradigm shift in manufacturing and service sectors, characterized by the integration of advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), cloud computing, robotics, and other cutting-edge innovations into production and service operations. These technological advancements are associated with significant improvements in productivity, cost efficiency, product and service quality, speed of production and delivery, and worker safety, among other outcomes. In parallel, sustainable supply chain finance refers to the strategic deployment of financial resources aimed at supporting supply chains that adhere to economic, social, and environmental sustainability principles. By ensuring that both companies and their suppliers comply with sustainability standards, this approach plays a pivotal role in strengthening and maintaining a resilient and responsible supply chain, thereby delivering substantial benefits to society and the environment. As global supply chains become increasingly interconnected and complex, the ability to integrate Industry 4.0 technologies within the framework of sustainable finance has the potential to reshape not only operational efficiencies but also contribute to long-term societal welfare and environmental stewardship. This research provides valuable insights into how these technological innovations can drive sustainability within financial structures, offering a pathway for future-proofing supply chains in the face of emerging global challenges. This study is both applied and expert-oriented, focusing on the sub-criteria within the economic, social, and environmental dimensions of sustainable supply chain finance, in the context of emerging Industry 4.0 technologies.
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| Keywords: Sustainable supply chain finance, Industry 4.0, Sustainability, Supply chain finance |
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Full-Text [PDF 549 kb]
(8 Downloads)
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Type of Study: Research |
Subject:
General
Received: 2024/05/14 | Accepted: 2024/08/22
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