Logistics: Impact of Industry 4.0 (original) (raw)

The term “Industry 4.0” relates broadly to intelligent digitization, products, and value chain processes automation, an integration of real and virtual manufacturing worlds where products, factories, humans, and objects merge with embedded software in intelligent, distributed systems. The fourth industrial revolution currently encompasses many examples of application in several fields ranging from health to industry. However, despite this recent interest, the emergence of digitalization in the logistics industry has received little attention, especially in light of the fact that digitization is of increasing strategic importance for companies in a changing and highly competitive environment as it impacts their established processes, business models, and sector boundaries while also having an ecological impact. The new trade strategies put forward by the United Nations in their development plan revolve around sustainability, especially in the industrial sector. Technological advances...