Organisations are facing serious challenges primarily due to market uncertainity, international competition and highly demand on product and services. recently, Industry 4.0 is one of the initiatives proposed to deal with those challenges even though aoption of this intiative is not easy due to various difficulties related to technical adoption, data driven process and cultural behaviour. search for articles or journals related to industry 4.0, supply chain management and inventory management system. In 400-500 words, write a paper on how industry 4.0 is affecting supply chain management and Inventory Management fields

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Organisations are facing serious challenges primarily due to market uncertainity, international competition and highly demand on product and services. recently, Industry 4.0 is one of the initiatives proposed to deal with those challenges even though aoption of this intiative is not easy due to various difficulties related to technical adoption, data driven process and cultural behaviour.

search for articles or journals related to industry 4.0, supply chain management and inventory management system. In 400-500 words, write a paper on how industry 4.0 is affecting supply chain management and Inventory Management fields

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