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Disruptive Technologies and Operations Management in the Industry 4.0 Era and Beyond

Journal
Production and Operations Management
Journal Volume
31
Journal Issue
1
Pages
9-31
Date Issued
2022
Author(s)
TSAN MING CHOI 
Kumar S
Yue X
Chan H.-L.
DOI
10.1111/poms.13622
URI
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85123486874&doi=10.1111%2fpoms.13622&partnerID=40&md5=7cdc67a20396b7e09e3659c16658e123
https://scholars.lib.ntu.edu.tw/handle/123456789/607969
Abstract
In the Industry 4.0 era, automation and data analytics emerge as the major forces to enhance efficiency in operations management (OM). Disruptive technologies, such as artificial intelligence, robotics, blockchain, 3D printing, 5G, Internet-of-Thing, digital twins, and augmented reality, are widely applied. They potentially will bring a radical change to real world operations. In this study, we first explore several major disruptive technologies, examine the corresponding OM studies, and highlight their current applications in the industry. Then, we discuss the pros and cons associated with the use of these technologies and uncover the potential human–machine conflicting areas. After that, we propose measures which may be able to achieve human–machine reconciles in the coming Industry 5.0 era. A concept of “sustainable social welfare” which includes worker welfare, privacy, etc. is proposed and the roles played by policy makers are also discussed. Finally, a future research agenda, which covers topics in both the Industry 4.0 and Industry 5.0 eras, is established. ? 2021 Production and Operations Management Society.
Subjects
disruptive technologies
Industry 4.0
Industry 5.0
operations management
Type
conference paper

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