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

Production and Operations Management - Tập 31 Số 1 - Trang 9-31 - 2022
Tsan‐Ming Choi1, Subodha Kumar2, Xiaohang Yue3,4, Hau‐Ling Chan5
1Department and Graduate Institute of Business Administration, College of Management, National Taiwan University, Roosevelt Road, Taipei, 10617, Taiwan ROC
2Fox School of Business, Temple University, Philadelphia, Pennsylvania, USA
3College of Information Science & Engineering and School of Business Administration, Northeastern University, Shenyang, Liaoning, 110819 China
4Lubar School of Business, University of Wisconsin‐Milwaukee, Milwaukee, WI, 53201, USA
5Division of Business and Hospitality Management, College of Professional and Continuing Education, The Hong Kong Polytechnic University, Hung Hom, Kowloon, Hong Kong SAR

Tóm tắt

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.

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