Impact of Industry 4.0 on Supply Chain Management

Operations and supply chain management

Running Head: Report
Contents
About the organization....................................................................................................................2
Review of literature.........................................................................................................................4
Impact of industry 4.0 on supply chain management......................................................................7
Samsung: (replication of case study)...............................................................................................9
References......................................................................................................................................12
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Running Head: Report
About the organization
(Samsung, 2019)
Name of the organization Samsung
Industry type Manufacturing
Sector Public sector
Size US$ 10.9 Billion (2017)
Major Dealing with products/service Consumer Electronics, IT and mobile
communication and Device solution
Major customers include:
 Royal Dutch Shell
Samsung heavy industry has a monopoly in providing liquefied natural gas (LNG) storage facility to
Royal Dutch Shell for the next 15 years.
 UAE government.
Samsung along with Korea electric power corporation and Hyundai have a deal to build nuclear power
plants in UAE.
 Ontario government
Government of Canadian province of Ontario has signed the world's largest renewable energy project
with Samsung.
Founded in 1938, by Lee Byung- Chul, Samsung has developed as one of the fastest emerging brands
globally. Initially, a small trading company only had 40 employees and was involved in the
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Running Head: Report
distribution of groceries in the townships. In 1947 a new office was into operation in Seoul, he also
started with sugar refinery which ran out of service soon. Again after 7 years, he builds one of the
largest woollen mills in Korea (France 24, 2009).
A true believer of industrialization had a dream to become successful in all the major sectors of
the economy. Many Ventures were set up in different sectors including insurance, retail, securities etc.
Samsung had a large amount of capital for disposal, kept aside for bringing in innovation and new
technology. By following the philosophy of large scale production, expansion and development they
ruled the electronic segment (Park, 2011).
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