Abstract
Development of the concept Industry 4.0, dictated by the need to reverse the downward trend in industrial production of European enterprises, forces modern enterprises to adapt quickly and flexibly. These adaptations affect demand conditions, production costs, and the search for new business solutions. The dynamic development of industrial digitization and telecommunications technologies allows for better integration of processes, machines, employees and individual products within the framework of intelligent network structures. Industry 4.0 facilitates data collection and analysis, evaluation of productivity and continuous improvement of processes. The development of the Industry 4.0 concept was needed to develop new competitive business models. These business models need to be based on cooperation and better use of the available resources. As a result, enterprises could achieve a competitive advantage through the personalization of products and low production costs. This fourth industrial revolution affects the operational activity of enterprises and results in new strategic thinking. The basis of new business models modified value chains within the network of cooperating enterprises. Supply chains equipped with the latest cyber–physical solutions ensure fast reorganization of logistics processes and a very flexible adaptation of commercialization. These new forms of supply chains offer the most personalized customer expectations. With the development of the Industry 4.0 concept, questions arise: what new forms will business models adopt? What will the cooperation of enterprises that are inherently competitors be? What tools will be able to support network cooperation of enterprises? The aim of this study is to identify the challenges related to the adaptation of business models. The Industry 4.0 concept, includes issues such as reconfiguration of value chains, customization and sharing resources in the network of companies operating under flexible supply chains.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Afuah A (2004) Business models. A strategic management approach. McGraw-Hill Irwin, pp 9–10
Afuah A, Tucci CL (2001) Internet business models and strategies. McGraw-Hill Companies, New York, pp 18–32
Ashton K (2009) That ‘Internet of Things’ thing. RFID J, 22 June 2009. https://www.rfidjournal.com/articles/view?4986. Accessed 9 December 2017
Baden-Filler C, Haefliger S (2017) Business models and technological innovation. Long Range Plan 46:419–426. http://dx.doi.org/10.1016/j.lrp. Accessed 23 Aug 2017
Bakkari M., Khatory A (2018) Industry 4.0: strategy for more sustainable industrial development in SMEs. http://ieomsociety.org/ieom2017/papers/414.pdf. Accessed 6 Sept 2018
Bauernhansl T, Hompel M, Vogel-Henser B (2014) Industrie 4.0 in Produkten, Automatisierung und Logistik. Springer Fachmedien, Wiesbaden
Bijańska J, Wodarski K, Wójcik J (2016) Preparing the production of a new product in small and medium—sized enterprise by using the method of projects management. Manag Syst Prod Eng 22(2):128–134
Casson M (1991) Global research strategy and international competitiveness. Basil Blackwell, Oxford, p 513
Chui M, Löffler M, Roberts R (2010) The Internet of Things. McKinsey Q 2(47):1–9
Clarke T, Clegg S (2000) Management paradigm for the new millennium. Int J Manag Rev 2(1):45–64
Copeland T, Koller T, Murrin J (1990) Valuation: measuring and managing the value of comapnies. Wiley, New York, pp 308–310
Domingo Galindo L (2016) The challenges of logistics 4.0 for the supply chain management and the information technology. Norwegian University of Science and Technology, May 2016
Franke U (2001) The concept of virtual web organizations and its implications on changing market conditions. Electr J Organ Virtualness 3. www.virtual-organization.net. Accessed 21 Nov 2018
Gajdzik B (2014) Autonomous and professional maintenance in metallurgical enterprises as activities within total productive maintenance. Metalurgija 53(1):269–272
Gajdzik B, Grzybowska K (2012) Examples model of building trust in supply chains of metallurgical enterprises. Metalurgija 4(51):563–566
Grabowska S (2016) Business model metallurgical company built on the competitive advantage. In: METAL 2016. 25th anniversary international conference on metallurgy and materials. Conference proceedings, Brno, Czech Republic, 25–27 May 2016. Tanger, Ostrava, pp 1800–1807
Grabowska S, Furman J (2015) Business model of steel company—focus on the innovation. In: METAL 2015. 24th international conference on metallurgy and materials. Conference proceedings, Brno, Czech Republic, 3–5 June 2015. Tanger, Ostrava, pp 1933–1938
Grzybowska K (2012) Sustainability in the supply chain: analysing the enablers. In: Golinska P, Romano C (eds) Environmental issues in supply chain management. EcoProduction (Environmental issues in logistics and manufacturing). Springer, Berlin
Grzybowska K, Gajdzik B (2012) Optimisation of equipment setup process in enterprises. Metalurgija 4(51):555–558
Grzybowska K, Gajdzik B (2014) Logistic strategies in purchasing process of metallurgical companies. Metalurgija 53(1):127–130
Hamprecht J (2006) Sustainable purchasing strategy in the food industry. Dissertation, University of St. Gallen International Federation of Robotics. Robot Density Rises Globally, Frankfurt, 7 Feb 2018. https://ifr.org/ifr-press-releases/news/robot-density-rises-globally. Accessed 15 Nov 2018
Jabłoński M (ed) (2019) Strategic value management: a dynamic perspective. Nova Science Publishers, New York
Jones SE, LeBaron C (2002) Research on the relationship between verbal and nonverbal communication: Emerging entegrations. J Commun 53(3):499–521
Kagermann H, Wahlster W, Helbig J (eds) (2011) Recommendations for implementing the strategic initiative Industrie 4.0: final report of the Industrie 4.0 Working Group 2013; Industrie 4.0: Mit dem Internet der Dinge auf dem Weg zur 4. industriellen Revolution, VDI-Nachrichten, April 2011
Kaliczyńska M, Dąbek P (2015) Value of the Internet of Things for the industry—an overview. In: Mechatronics: ideas for industrial applications, pp 51–63
Korena Y, Shpitalnib M, Guc P, Hu SJ (2015) Product design for mass-individualization. Procedia CIRP, Elsevier 36:64–71
Krykavskyy Y, Mashchak N (2017) Sustainable supply chain in forming environmental macro responsibility. In: Golinska-Dawson P, Kolinski A (eds) Efficiency in sustainable supply chain. EcoProduction (Environmental issues in logistics and manufacturing). Springer, Cham
Kuczyńska-Chałada M, Furman J (2018) The process of improvement with the application of lean manufacturing in a steel company. In: 26th international conference on metallurgy and materials—METAL 2017, Brno, Czech Republic. Tanger Ltd., Ostrava, pp 1894–1899
Liker JK (ed) (1997) Becoming lean; Inside stories of U.S. manufacturers. Productivity Press, Portland, OR
Liker JK (2004) The Toyota way. 14 management principles from the world’s greatest manufacturer. McGraw-Hill (2004)
Moden Y (1998) Toyota production system: an integrated approach to just-in time. Engineering and Managemnt Press, Norcross, Georgia
Mrugalska B, Wyrwicka MK (2017) Towards lean production in industry 4.0. Procedia Eng 182:466–473
Nanterme P, Daugherty P (2017) Technology for people: the era of the intelligent enterprise. Accenture
Porter ME (1985) Competitive advantage creating and sustaining superior performance. The Free Presss, New York, pp 35–37
Porter ME (1990a) The competitive advantage of nations. Free Press, New York, pp 71–72
Porter ME (1990b) Competitive advantage of nation. MacMillan, London, p 45
Porter ME (1996a) What is strategy. Harv Bus Rev, November–December 1996:61–78
Porter ME (1996b) What is strategy. Harv Bus Rev, November–December 1996:64–76
Porter ME (2002) Strategy and the Internet. In: Harvard business review on advanced strategy. Harvard Business School Corporation, pp 1–50
Prahalad CK, Krishnan MS (2010) The new age of innovation. McGrow-Hill, New York, p 15
Robot Density Rises Globally. www.ifr.org/ifr-press-releases/news/robot-density-rises-globally. Accessed 21 Nov 2018
Sahay BS (2003) Understanding trust in supply chain relationships. Ind Manag Data Syst 103(8):553–563
Saniuk A, Saniuk S (2017) Management of the metallurgical enterprise according to the industry 4.0 concept. In: 26th international coference on metallurgy and materials—METAL 2017, Brno, Czech Republic. Tanger Ltd., Ostrava, pp 2034–2039. ISBN 9788087294796
Saniuk S, Saniuk A (2018) Decision support system for rapid production order planning in production network. Advances in intelligent systems and computing, vol 637. Springer International Publishing, pp 217–226
Szymańska O, Adamczak M, Cyplik P (2017) Logistics 4.0—a new paradigm or set of known solutions? Res Logist Prod 7(4):299–310
Tadejko P (2015) Application of Internet of Things in logistics—current challenges. Int J Comput Integr Manuf 7(4):54–64
Teece DJ (2010) Business models, business strategy and innovation. Long Range Plan 43(2–3):172–194
Wicher P, Stas D, Karkula M, Lenort R, Besta B (2015) A computer simulation based analysis of supply chains resilience in industrial environment. Metalurgija 54:703–706
Wirtz BW, Pistoia A, Ullrich S, Gottel V (2016) Business model innovation: development, concept and future research directions. Long Range Plan 19
Womack JP, Jones DT (2003) lean thinking: Banish waste and create wealth in your corporation. Simon & Schuster, New York
Zhu Q, Sarkis J, Lai KH (2007) Green supply chain management: pressures, practices and performance within the Chinese automobile industry. J Clean Prod 15:1041–1052
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2020 Springer Nature Switzerland AG
About this chapter
Cite this chapter
Grabowska, S., Gajdzik, B., Saniuk, S. (2020). The Role and Impact of Industry 4.0 on Business Models. In: Grzybowska, K., Awasthi, A., Sawhney, R. (eds) Sustainable Logistics and Production in Industry 4.0. EcoProduction. Springer, Cham. https://doi.org/10.1007/978-3-030-33369-0_3
Download citation
DOI: https://doi.org/10.1007/978-3-030-33369-0_3
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-33368-3
Online ISBN: 978-3-030-33369-0
eBook Packages: Earth and Environmental ScienceEarth and Environmental Science (R0)