The impact of industry 4.0 on logistics and supply chain management in Vietnam
Bui Nguyen Khanh and Le Duc Thuan
This study focuses on the analysis of Industry 4.0 and related technologies and their impact on supply chain management, providing recommendations specifically for small and medium-sized enterprises (SMEs). The research draws heavily on numerical data and incorporates secondary sources such as scholarly articles and books to provide a comprehensive overview. It has been established that Industry 4.0 technologies, including the innovations of the Fourth Industrial Revolution, have a profound impact on supply chains, enabling real-time operations with minimal human intervention. However, the current level of technology adoption remains relatively low, especially among SMEs. The disparity in the implementation of new technologies between SMEs and large corporations is primarily due to differences in the quality and availability of resources. While large corporations often have better access to financial and technological resources, SMEs face unique challenges in adopting and integrating Industry 4.0 technologies into their operations.
Bui Nguyen Khanh, Le Duc Thuan. The impact of industry 4.0 on logistics and supply chain management in Vietnam. Int J Res Finance Manage 2024;7(2):233-237. DOI: 10.33545/26175754.2024.v7.i2c.368