INDUSTRY 4.0 AND FUNCTIONING OF SUPPLY CHAINS
3
Introduction:
Industry 4.0 indicates the idea of categories where the machines get augmented with sensors
and wireless connectivity. This is connected to the system visualizing the overall product line and is
able to make decision from its own. The following study critically evaluates the effect of Industry
4.0 over various supply chain operations of a specific organization chosen. For this at first the
company is described at first. Then a literature search is conducted and lastly a scenario is developed
to demonstrate the case well.
1. Establishment of the scenario:
For understanding the current scenario, IQ EQ Ltd fund services is chosen as the suitable
organization. It is located at Mauritius. It is one of the global financial service provider at the nation.
They are trusted partner that provides investor service of high quality that is personalized in nature.
They help their clients and the overall sector to remain complaint. Besides, they act as support and is
found to facilitate the investments of clients. Regarding size, their ESG or environmental, social and
governance has been underpinning the activities of IQ-EQs around every jurisdictions. Here, they or
anyone of its affiliates are fund to be operating. This set their worldwide approach towards
sustainable purpose and forms the platform of decisions through concentrating on community
involvement, culture and people and business compliance and ethics. Besides, they have been seen
to be binding the rare combination of in-depth understanding of client’s necessities and technical
expertise. Further, they provides the comprehensive range of advisory services, assets,
administrations and compliances to private clients, family offices, global companies and investment
funds across the globe (Iqeq.com 2019).

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Industry 4.0 and functioning of supply chains

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