Towards Increasing Operational Flexibility in using Industry 4.0 Enabling Technologies: A Case Study in South Korea
DOI:
https://doi.org/10.63163/jpehss.v3i3.564Keywords:
Industry 4.0, Operational Flexibility, Cyber-Physical Systems, Manufacturing Innovation, South KoreaAbstract
This detailed research explores Industry 4.0's disruptive potential to improve operational flexibility throughout final assembly. This research takes place against South Korea's 2014 "Manufacturing Industry Innovation 3.0" agenda. The research examines how cutting-edge technology, particularly Cyber-Physical Systems (CPS), affect production. The report extensively examines Industry 4.0 integration synergies and barriers to accomplish this. The emphasis is on how these technologies, notably CPS, improve flexibility and efficiency in the complex industrial supply chain. The study uses South Korea's strategic approach to provide a localized understanding and align its findings with international initiatives like the "New Industrial France" and South Korea's "advanced innovators' strategy". This study examines Industry 4.0's impact on operational flexibility, giving worldwide insights that contribute to the manufacturing strategy evolution debate.