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Cited by 24Digital Transformation in IndustryImpact of AI and Big Data on Business and SocietyQuality and Supply Management

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Cyber-physical systems with autonomous machine-to-machine communication: Industry 4.0 and its particular potential for purchasing and supply management

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Schiele, Holger, Torn, Robbert Jan·2020·International Journal of Procurement Management
DOI 10.1504/ijpm.2020.108617
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Abstract

The number of publications on the fourth industrial revolution (Industry 4.0, short: I4.0) has increased exponentially. Likewise, significant investments by firms are planned. However, the link between purchasing and I4.0 is largely lacking even though procurement managers have high expectations. The fourth industrial revolution - which refers to the use of cyber-physical systems (CPSs) with autonomous machine-to-machine communication - could have several implications for purchasing processes. Support systems for purchasers are been developed, such as contract analysis software, and the possibility of digital negotiations has emerged and could revitalise e-marketplaces. Operative processes can act autonomously, with automated demand identification in CPSs. To support the development of I4.0 strategies in purchasing, this paper contributes by clearly defining I4.0, distinguishing it from the third industrial revolution, structuring the potential development paths of I4.0 in purchasing and by presenting the result of a project to develop a I4.0 maturity model for purchasing.

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Metadata

Authors
Schiele, H., & Torn, R. J.
Affiliations
University of Twente (NL)
ORCID
Schiele, Holger
Venue
International Journal of Procurement Management
Publisher
Inderscience Publishers
Published
2020
Volume
13
Issue
4
Pages
507
ISSN
  • 1753-8432 (ISSN-L)
  • 1753-8440
DOI
10.1504/ijpm.2020.108617
OpenAlex
W2948402584
Cited by
24
References
2
Citations by year
2026: 1 · 2025: 1 · 2024: 1 · 2023: 7 · 2022: 5 · 2021: 6 · 2020: 2
FWCI
3.19
Type
journal article
Language
en
Open access
Locations
  • International Journal of Procurement Management (publishedVersion)
  • University of Twente Research Information (publishedVersion, other-oa)
  • RePEc: Research Papers in Economics (submittedVersion)
  • University of Twente Research Information (submittedVersion, other-oa)
Topics
  • Physical Sciences › Engineering › Industrial and Manufacturing Engineering › Digital Transformation in Industry
  • Social Sciences › Decision Sciences › Management Science and Operations Research › Impact of AI and Big Data on Business and Society
  • Social Sciences › Business, Management and Accounting › Management Information Systems › Quality and Supply Management
Keywords
Industry 4.0, cyber-physical systems, machine-to-machine communication, purchasing, supply management, procurement management, online marketplaces, third industrial revolution

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