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Industry 4.0 and functioning of supply chains

   

Added on  2022-12-21

11 Pages2912 Words2 Views
Materials Science and EngineeringPolitical Science
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Running head: INDUSTRY 4.0 AND FUNCTIONING OF SUPPLY CHAINS
Industry 4.0 and functioning of supply chains
IQ EQ Ltd Software
Name of the student:
Name of the university:
Author Note
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INDUSTRY 4.0 AND FUNCTIONING OF SUPPLY CHAINS
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Executive summary
Industry 4.0 denotes to the various concepts of categories. Here, the machines are augmented having
sensors and innovative wireless connectivity. It is been linked with the system to visualize the entire
line of products. Besides, it can make decisions from its own side. In this report, the impact of
industry 4.0 is evaluated related to different supply chain tasks of IQ-EQ Investor Services at
Mauritius. The organization has been delivering various reliable and interactive web developments,
applications that are web-based, solutions of mobile apps and different software applications. For
investigating this, a literature review is done here. A scenario is developed in evaluating the situation
further.
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INDUSTRY 4.0 AND FUNCTIONING OF SUPPLY CHAINS
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Table of Contents
Introduction:..........................................................................................................................................3
1. Establishment of the scenario:...........................................................................................................3
2. Conducting the Literature Review:....................................................................................................4
3. Replicating Szozda’s case study:.......................................................................................................6
Conclusion:............................................................................................................................................8
References:............................................................................................................................................9
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INDUSTRY 4.0 AND FUNCTIONING OF SUPPLY CHAINS
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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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