Role Of Industry 4.0 Practices In Supply Chain Resilience

ABSTRACT

Predictable and unexpected events have long threatened the continuity and profitability of supply chains, especially multinational ones. Human-made catastrophes and natural tragedies can cause supply chain interruptions. Several events, such as the earthquakes in Gujarat (2001). The COVID-19 epidemic has thrown supply and demand into disarray, and most businesses have yet to devise a strategy for enhancing their resilience and recovery. Industry 4.0 refers to a series of principles, enabling technologies, and methods to make manufacturing systems more evolving, autonomous, adaptable, and precise. The Proposed hypothesis is that the Impact of Industry 4.0 practices positively impacts Supply Chain Resilience, and different Artificial Intelligence techniques are incorporated have a significant effect on Supply chain resilience. The study's findings indicate that industry 4.0 technologies, i.e., artificial intelligence have a substantial importance on the supply chain and its resilience. © The Electrochemical Society