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The world has witnessed three major individual revolutions until now. We are in the fourth industrial revolution, and there are technological breakthroughs that have not been seen before. Responding fast to changing consumer expectations in a competitive climate brought on by globalization has become a global reality, requiring enterprises to alter their manufacturing systems. The incorporation of machines that can interact and make decisions into production has altered the manufacturing processes. The application of the Industry 4.0 revolution to manufacturing processes has paved the way for the development of smart factories. Production may be made 24 hours a day in these factories where productivity grows with applications such as the internet of things (IoT), cyber-physical systems, augmented reality and artificial intelligence. All applications utilized in smart factories boost productivity and reduce costs and human error rates. Countries should undergo change in order to adapt to the competitive climate established by Industry 4.0, in which the entire world lives. Many industrialized countries have taken significant strides in this direction, including this process into their national policies. Turkey's ability to adapt to Industry 4.0 technologies in a digitalized competitive environment, as well as swiftly grow smart factory applications in altering production processes, is critical to its global economic standing.

Smart factory is the most important feature of the fourth industrial revolution in the manufacturing field. In this paper, we introduce smart factory solutions suggested by the major solution providers. Furthermore, we classify solutions by the category of three value-chain activities: product development activity, product manufacturing activity, and sales activity. In addition, the status-of-art and best practices of the smart factory solutions are introduced. To examine the current trends of smart factories, we classified the manufacturing industries into four groups based on two factors: product variety and production volumes, and suggest directions for the successful application of smart factories in each industry group. Finally, we suggest strategies to improve the actual manufacturing competitiveness of factories.

This study aims to find how trade development and digitalization affect smart-green production. Four factors are investigated in these effects (certification, technology innovation, natural resource management, low pesticides).

The mix-method approach was employed from validating the measurement scale to test the proposed hypotheses. At first, the grounded theory is the most authoritative and standard research method in qualitative research. Secondly, quantitative analysis was employed to draw conclusions about the impact of digitalization and trade development on smart-green agricultural production.

The results found that digitalization and trade development impact the development of smart-green agricultural production through certification employment, technology innovation, and a decrease in pesticide usage. Moreover, digitalization and trade development also indirectly affect the development of intelligent green agricultural production. Meanwhile, digitalization has a higher impact than trade development.

This research is based on the premise that digitalization and trade development can drive smart green agricultural production. Still, some studies have found a deviation between trade development and environmental protection. Hence, future research can explore the incentive effect of trade development and digitalization on other industries. Second, the measurement of the dependent variables in this study is based on the premise that smart-green agricultural production has not been widely promoted, so the changes in production before and after the whole public participation in smart-green output have yet to be reflected.

Smart green production in agriculture is essential for a transition economy and the world to meet food security and protect the environment. However, the effects of certification, technology innovation, natural resource management, and low pesticides on smart-green agriculture production have yet to be identified. Insights from this study can help governments, policy-makers, and farmers in emerging economies by adapting their strategies within their local contexts.

During the past decade, the necessity to integrate manufacturing and sustainability has increased mainly to reduce the adverse effect on the manufacturing industry, transforming traditional manufacturing into smart manufacturing by adopting the latest manufacturing technology as part of the Industry 4.0 revolution. Smart manufacturing has piqued the interest of both academics and industry. Manufacturing is a foundation of products and services required for human health, safety, and well-being in modern society and from an organizational standpoint. This paper uses bibliometric analysis better to understand the relationship between smart manufacturing and sustainability scholarship and provide an up-to-date account of current industry practices.

This paper used the bibliometric analysis method to analyze and draw conclusions from 839 articles retrieved from the Scopus database from 1994 to February 2022. The methodology is divided into four steps: data collection, analysis, visualization, and interpretation. The current study aims to comprehend smart manufacturing and sustainability scholarship using the bibliometric R-package and VOSviewer software.

The study provides fascinating insights that may assist scholars, industry professionals, and top management in conceptualizing smart manufacturing and sustainability in their organizations. The results show that the number of publications has significantly increased from 2015 onwards, reaching a maximum of 317 journals in 2021 with an increasing publication annual growth rate of 21.9%. The United Kingdom, India, the United States of America, Italy, France, Brazil and China were the most productive countries in terms of the total number of publications. Technological Forecasting and Social Change, Journal of Cleaner Production, International Journal of Production Research, Production Planning and Control, Business Strategy and the Environment Technology in Society, and Benchmarking: An International Journal emerged as the top outlets.

The research in the area of smart manufacturing and sustainability is underpinned by this study, which aims to understand the trends in this field over the last two decades in terms of prolific authors, most influential journals, key themes, and the field's intellectual and social structure. However, according to the research, this field is still in its early stages of development. As a result, a more in-depth analysis is required to aid in the development of a better understanding of this new field.

The paper focuses on integrating smart manufacturing and sustainability through increased interest from 2015 onwards through the literature review. Specific policies should be formulated to improve the manufacturing sector's competence. Furthermore, these findings can guide researchers who want to delve deeper into smart manufacturing and sustainability.

With the holistic approaches of Industry 4.0, products, services, standards, and application techniques have been improved. This digitalization era has not only impacted the production and service dynamics, but also added advanced dimensions to logistics and supply chain management. According to the current world standards, consumer behavior makes the logistics and supply chain processes more challenging. Especially during the COVID-19 outbreak, logistics and supply chain operations became more crucial for the firms, as most consumers have tended toward online shopping while they are in lockdown. Therefore, the competitive environment today enables firms to adapt the technologies and approaches of Logistics 4.0 and smart/digital supply chain, as they must respond to consumers' demands quickly. Moreover, firms need to have strong relations with their supply chain partners via these technologies. The technologies such as the Internet of Things (IOT), cyber-physical system, Big Data, and cloud computing help to change the fundamentals of logistics and supply chain and improve processes for all industries. This study aims to analyze the transformation of traditional logistics and supply chain activities into Logistics 4.0 and smart/digital supply chain. Primarily, we hope to analyze the existing studies by investigating the concept of Logistics 4.0 within Industry 4.0 dynamics. As firms develop their logistics operations, their supply chain processes will be shaped by the technologies and applications, and this situation also leads us to find out the importance of smart or digital supply chain operations. Discussing the potentials of smart or digital supply chain also lets us to reveal how companies handle their logistics operations during the COVID-19 period.

The purpose of this paper is to investigate the current situation of China's local valve industry, the maturity of intelligent manufacturing and the way to promote intellectual development.

Firstly, a macro analysis of the valve market environment from the domestic and international perspective was conducted. Secondly, online surveys and in-depth interviews were administered to understand the current status of IM development and future development goals. Finally, case studies were conducted to demonstrate whether the hypothesis of the development approach is feasible.

This study finds that the overall maturity level of the local valve industry is still in the planning stage since the local valve industry lacks concentration and is relatively scattered. In addition, the feasible development approach is dependent on smart devices to improve production efficiency, ensure quality management and effectively control costs.

The research is conducted and focused on the Yangtze River Delta region instead of the whole country, and the size of the sample is small. Therefore, there may be some characteristics omitted in the analysis.

Manufacturers can upgrade to smart manufacturing through intelligent software platforms in order to complete an automatic interaction of data and devices. In addition, manufacturers should complete cross-regional collaborative development through the industrial Internet of things.

There is little or none of research work completed for the development strategy of the valve industry internationally. Therefore, research findings of this area can provide a fundamental understanding of China's local valve industry and contribute to the existing knowledge.

The internationalization of business has grown the production value chains and created performance challenges for industrial production. Industry 4.0, the digital transformation of industrial processes, promises to deliver performance improvements through smart functionalities. This study investigates how digital transformation translates to performance gain by adopting a systems perspective to drive smartness.

This study uses qualitative research to collect data on the lived experiences of digital transformation practitioners for theory development. It uses semi-structured interviews with industry experts and applies the Gioia methodology for analysis.

The study determined that enterprise smartness is an organizational capability developed by digital transformation, it is a function of integration and the enabler of organizational performance gains in the Industry 4.0 context. The study determined that performance gains are experienced in productivity, sustainability, safety and customer experience, which represents performance metrics for Industry 4.0.

This study contributes a model that inserts smartness in the linkage between digital transformation and organizational outcomes to the digital transformation and production management literature.

The study indicates that digital transformation programs should focus on developing smartness rather than technology implementations, which must be considered an enabling activity.

Existing studies recognized the positive impact of technology on performance in industrial production. The study addresses a missing link in the Industry 4.0 value creation process. It adopts a systems perspective to establish the role of smartness in translating technology use to performance outcomes. Smart capabilities have been the critical missing link in the literature on harnessing digital transformation in organizations. The study advances theory development by contributing an Industry 4.0 value model that establishes a link between digital technologies, smartness and organizational performance.

Industry 4.0 has put forward a smart perspective on managing supply chain networks and their operations. The current manufacturing system is primarily data-driven. Industries are deploying new emerging technologies in their operations to build a competitive edge in the business environment; however, the true potential of smart manufacturing has not yet been fully unveiled. This research aims to extensively analyse emerging technologies and their interconnection with smart manufacturing in developing smarter supply chains.

This research endeavours to establish a conceptual framework for a smart supply chain. A real case study on a smart factory is conducted to demonstrate the validity of this framework for building smarter supply chains. A comparative analysis is carried out between conventional and smart supply chains to ascertain the advantages of smart supply chains. In addition, a thorough investigation of the several factors needed to transition from smart to smarter supply chains is undertaken.

The integration of smart technology exemplifies the ability to improve the efficiency of supply chain operations. Research findings indicate that transitioning to a smart factory radically enhances productivity, quality assurance, data privacy and labour efficiency. The outcomes of this research will help academic and industrial sectors critically comprehend technological breakthroughs and their applications in smart supply chains.

This study highlights the implications of incorporating smart technologies into supply chain operations, specifically in smart purchasing, smart factory operations, smart warehousing and smart customer performance. A paradigm transition from conventional, smart to smarter supply chains offers a comprehensive perspective on the evolving dynamics in automation, optimisation and manufacturing technology domains, ultimately leading to the emergence of Industry 5.0.

This work aims at proposing a novel Internet of Things (IoT)-based and cloud-assisted monitoring architecture for smart manufacturing systems able to evaluate their overall status and detect eventual anomalies occurring into the production. A novel artificial intelligence (AI) based technique, able to identify the specific anomalous event and the related risk classification for possible intervention, is hence proposed.

The proposed solution is a five-layer scalable and modular platform in Industry 5.0 perspective, where the crucial layer is the Cloud Cyber one. This embeds a novel anomaly detection solution, designed by leveraging control charts, autoencoders (AE) long short-term memory (LSTM) and Fuzzy Inference System (FIS). The proper combination of these methods allows, not only detecting the products defects, but also recognizing their causalities.

The proposed architecture, experimentally validated on a manufacturing system involved into the production of a solar thermal high-vacuum flat panel, provides to human operators information about anomalous events, where they occur, and crucial information about their risk levels.

Thanks to the abnormal risk panel; human operators and business managers are able, not only of remotely visualizing the real-time status of each production parameter, but also to properly face with the eventual anomalous events, only when necessary. This is especially relevant in an emergency situation, such as the COVID-19 pandemic.

The monitoring platform is one of the first attempts in leading modern manufacturing systems toward the Industry 5.0 concept. Indeed, it combines human strengths, IoT technology on machines, cloud-based solutions with AI and zero detect manufacturing strategies in a unified framework so to detect causalities in complex dynamic systems by enabling the possibility of products’ waste avoidance.

While the studies on the use of smart robots in the production, which is known as the Industry 4.0 revolution, continue rapidly, the competition race is in the right proportion with this and businesses that do not want to fall behind the age have to follow the developments in Industry 4.0 and adapt. This chapter examines the Industry 4.0 revolution and its effect on accounting. Incorrect information from one of the business departments affects the entire system. Especially in the accounting department, which records the financial movements of the business and reports the results of them, and which is effective in making decisions that affect the whole business based on these results, the use of smart systems helps to reduce human-made mistakes and the system to act faster while also the systems used in traditional accounting are abandoned. However, brain power is still required, which must analyze the results. While the revolution is still developing, there are a lot of theories about the future. The expected outcome of these is that with the revolution, the need for brain power to analyze system outputs will increase, even if the need for human labour in the industry decreases. In this context, especially those who perform the accounting profession must constantly renew themselves.