Industry 4.0 and Supply Chain Management

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Introduction

The objective of this fundamentals course is to educate the participants about Industry 4.0, its implications for the supply chains, and the ways in which companies can take advantage of the capabilities of Industry 4.0. The material covered is relevant to both large companies as well as small-and-medium enterprises (SMEs).
The course covers the fundamentals of Industry 4.0, and strategies for the functions involved in planning and managing production and distribution of goods. The course will be of particular interest to executives and associates involved in procurement, manufacturing, transportation, warehousing, sales & service (including e-commerce), and forecasting & inventory management. It will also benefit IT professionals interested in supply chain applications of Industry 4.0, although it does not cover technical IT aspects. It does not intend to cover implications of Industry 4.0 for other areas such as accounting, finance, advertising, social media, or human resources management.

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Program Content

Session Topic Description
Session 1 Introduction to Industry 4.0 – What is Industry 4.0?
– Different Components of Industry 4.0
– Applications of Industry 4.0: Examples from Industry
Session 2 Implications of Industry 4.0 for Supply Chain Management – Supply Chain Management: Key Concepts
– Effect of Industry 4.0 on Supply Chains
– Framework for Identifying Effect on Your Supply Chain
Session 3 Case Study 1: Automotive Supply Chains and Industry 4.0 – Automotive Supply Chains: Brief Overview
– Workshop: Applying Framework to Automotive Supply Chains
– Summary: Improving Automotive Supply Chains Using Industry 4.0
Session 4 Case Study 2: Retail/E-commerce Supply Chains and Industry 4.0 – Introduction to Retail and E-commerce Supply Chains
– Workshop: Applying Framework to Retail/E-commerce Supply Chains
– Summary: Improving Retail/E-commerce Supply Chains using Industry 4.0

 

Faculty

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Dr. Shardul Phadnis
Director of Research
 
Dr. Phadnis holds a Ph.D. in Engineering Systems from Massachusetts Institute of Technology (MIT). Before starting his doctoral studies, Dr. Phadnis worked in the manufacturing industry for seven years.