Analyzing the Barriers to Industry 4.0 Through Best-Worst Method

摘要

Presently, mankind is in the era of rapid advancement and technological change. The product lifecycle has been shortening dramatically and the manufacturing industry is moving from mass customization of products to high personalization of mass products. This era is widely known as fourth Industrial revolution or Industry 4.0. It seems that sooner or later every society has to adopt and implement it. In this paper, an attempt has been made to identify, categorize, and prioritize the barriers in-front of present manufacturing industry in implementation of widely acclaimed Industry 4.0 practices. The ranking of the challenges/barriers in adoption of this highly sophisticated manufacturing are identified and ranked categorically as well as across the categories with the help of a survey based empirical study. Such obtained ranking of barriers are optimized through Best-Worst Method. The results provide the insights of barriers, their prominence and priorities of our industries, mainly Indian, in adoption of this era of digital, intelligent and connected manufacturing.