Industry 4.0: Assessing the readiness, implementation challenges and impact of COVID-19 in the manufacturing industries of Bangladesh
(2021) SMMM20 20211Department of Service Studies
- Abstract
- Background: Adaption of Industry 4.0 is the new trend in developing countries mainly to obtain more efficiency and profitability. But to implement industry 4.0, developing countries are facing many challenges that need to be researched. Moreover, due to COVID- 19 pandemic and restrictions all around the world, have huge effects on the implementation of industry 4.0. Many companies are forced to implement industry 4.0 in the shortest possible time to sustain themselves in the market. Previous research suggests that pandemic causes a major shift in this regard. Furthermore, the implementation of industry 4.0 will reduce the use of Human labor in industries. This might cause mass unemployment in developing countries where people are less... (More)
- Background: Adaption of Industry 4.0 is the new trend in developing countries mainly to obtain more efficiency and profitability. But to implement industry 4.0, developing countries are facing many challenges that need to be researched. Moreover, due to COVID- 19 pandemic and restrictions all around the world, have huge effects on the implementation of industry 4.0. Many companies are forced to implement industry 4.0 in the shortest possible time to sustain themselves in the market. Previous research suggests that pandemic causes a major shift in this regard. Furthermore, the implementation of industry 4.0 will reduce the use of Human labor in industries. This might cause mass unemployment in developing countries where people are less skilled and educated.
Purpose: This thesis identifies the current state of Industry 4.0 in Bangladesh and analyses the challenges that industries faced to successfully implement industry 4.0 in Bangladesh. This thesis also analyses the effects of the COVID-19 pandemic on the implementation of industry 4.0. The purpose of this thesis is to highlight the present scenario regarding industry 4.0 and figure out the strategies of companies regarding the prevention of future obstacles in the manufacturing process due to pandemic and unemployment issues. This research would help decision-makers and researchers to understand the situation easily thus contributing to the development of Bangladesh and academia.
Method: This thesis conducts multiple case studies in which the researcher conducted observation and semi-structured interviews.
Findings & Conclusion: Most of the companies in Bangladesh are in beginner or level 1 in the IMPULS industry 4.0 readiness model. Although they have plans to adopt more industry 4.0 technologies. A majority portion of the sample industry mentioned having some sort of plans to prepare themselves for the future pandemic in post-COVID-19 eras. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9073377
- author
- Chowdhury, M Nafees Emtiaz LU and Kibria, Md Golam
- supervisor
- organization
- course
- SMMM20 20211
- year
- 2021
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- Industry 4.0, IMPULS Industry 4.0 Readiness Model, TOE framework, COVID-19, Developing Countries, Bangladesh, etc.
- language
- English
- id
- 9073377
- date added to LUP
- 2022-01-26 08:51:57
- date last changed
- 2022-01-26 08:51:57
@misc{9073377,
abstract = {{Background: Adaption of Industry 4.0 is the new trend in developing countries mainly to obtain more efficiency and profitability. But to implement industry 4.0, developing countries are facing many challenges that need to be researched. Moreover, due to COVID- 19 pandemic and restrictions all around the world, have huge effects on the implementation of industry 4.0. Many companies are forced to implement industry 4.0 in the shortest possible time to sustain themselves in the market. Previous research suggests that pandemic causes a major shift in this regard. Furthermore, the implementation of industry 4.0 will reduce the use of Human labor in industries. This might cause mass unemployment in developing countries where people are less skilled and educated.
Purpose: This thesis identifies the current state of Industry 4.0 in Bangladesh and analyses the challenges that industries faced to successfully implement industry 4.0 in Bangladesh. This thesis also analyses the effects of the COVID-19 pandemic on the implementation of industry 4.0. The purpose of this thesis is to highlight the present scenario regarding industry 4.0 and figure out the strategies of companies regarding the prevention of future obstacles in the manufacturing process due to pandemic and unemployment issues. This research would help decision-makers and researchers to understand the situation easily thus contributing to the development of Bangladesh and academia.
Method: This thesis conducts multiple case studies in which the researcher conducted observation and semi-structured interviews.
Findings & Conclusion: Most of the companies in Bangladesh are in beginner or level 1 in the IMPULS industry 4.0 readiness model. Although they have plans to adopt more industry 4.0 technologies. A majority portion of the sample industry mentioned having some sort of plans to prepare themselves for the future pandemic in post-COVID-19 eras.}},
author = {{Chowdhury, M Nafees Emtiaz and Kibria, Md Golam}},
language = {{eng}},
note = {{Student Paper}},
title = {{Industry 4.0: Assessing the readiness, implementation challenges and impact of COVID-19 in the manufacturing industries of Bangladesh}},
year = {{2021}},
}