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Advantages of Industry 4.0: Case of Pashion Footwear.

Authors :
Andrisan, Gabriela-Nicoleta
Modreanu, Andra
Source :
Ovidius University Annals, Series Economic Sciences; 2024, Vol. 24 Issue 1, p378-383, 6p
Publication Year :
2024

Abstract

Industry 4.0 expands upon the advancements of the Third Industrial Revolution by integrating many innovations from the digital, tangible, and biological realms. Industry 4.0 is an all-encompassing idea that signifies the trajectory towards which manufacturing and industrial production are progressing. Several businesses are inadvertently moving towards Industry 4.0 by integrating specific components of its concepts into their operations. The article aims to emphasise several opportunities and consequences that have emerged since the inception of Industry 4.0. Moreover, it seeks to illustrate the ways in which certain companies have been adjusting to these novel circumstances. The essay is structured into various sections, including a thorough examination of existing literature, emphasising the most noteworthy contributions to this topic. The subsequent section delineates the methods utilised in the investigation. The fourth segment validates the outcomes of the study through the presentation of a case study, while the concluding section offers a concise overview of the findings. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
23933127
Volume :
24
Issue :
1
Database :
Complementary Index
Journal :
Ovidius University Annals, Series Economic Sciences
Publication Type :
Academic Journal
Accession number :
179157319