A performance measurement system for industry 4.0 enabled smart manufacturing system in SMMEs- A review and empirical investigation

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dc.contributor.authorKamble, Sachin S.
dc.contributor.authorGunasekaran, Angappa
dc.contributor.authorGhadge, Abhijeet
dc.contributor.authorRaut, Rakesh
dc.date.accessioned2020-09-09T11:58:38Z
dc.date.available2020-09-09T11:58:38Z
dc.date.issued2020-07-10
dc.description.abstractThe smart manufacturing systems (SMS) offer several advantages compared to the traditional manufacturing systems and are increasingly being adopted by manufacturing organizations as a strategy to improve their performance. Developing an SMS is expensive and complicated, integrating together various technologies such as automation, data exchanges, cyber-physical systems (CPS), artificial intelligence, internet of things (IoT), and semi-autonomous industrial systems. The Small, Medium and Micro Enterprises (SMMEs) have limited resources and therefore, would like to see the benefits from investments before allowing adopting SMS. This study uses a combination of exploratory and empirical research design to identify and validate the performance measures relevant to the evaluation of SMS investments in auto-component manufacturing SMMEs based in India. The study found that an Industry 4.0 enabled SMS offer more competitive benefits compared to a traditional manufacturing system. The planned investments in SMS can be evaluated on ten performance dimensions namely, cost, quality, flexibility, time, integration, optimized productivity, real-time diagnosis & prognosis, computing, social and ecological sustainability. Proposed novel Smart Manufacturing Performance Measurement System (SMPMS) framework is expected to guide the practitioners in SMMEs to evaluate their SMS investmentsen_UK
dc.identifier.citationKamble S, Gunasekaran A, Ghadge A, Raut R. (2020) A performance measurement system for industry 4.0 enabled smart manufacturing system in SMMEs- A review and empirical investigation. International Journal of Production Economics, Volume 229, November 2020, Article number 107853en_UK
dc.identifier.issn0925-5273
dc.identifier.urihttps://doi.org/10.1016/j.ijpe.2020.107853
dc.identifier.urihttp://dspace.lib.cranfield.ac.uk/handle/1826/15777
dc.language.isoenen_UK
dc.publisherElsevieren_UK
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.subjectDigital transformationen_UK
dc.subjectAutomotive industryen_UK
dc.subjectSMMEsen_UK
dc.subjectPerformance measurementen_UK
dc.subjectIndustry 4.0en_UK
dc.subjectSmart manufacturing systemen_UK
dc.titleA performance measurement system for industry 4.0 enabled smart manufacturing system in SMMEs- A review and empirical investigationen_UK
dc.typeArticleen_UK

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