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Analysis of readiness factors for Industry 4.0 implementation in SMEs using COPRAS

R.M. Sriram (Department of Production Engineering, National Institute of Technology Tiruchirappalli, Tiruchirappalli, India)
S. Vinodh (Department of Production Engineering, National Institute of Technology Tiruchirappalli, Tiruchirappalli, India)

International Journal of Quality & Reliability Management

ISSN: 0265-671X

Article publication date: 14 October 2020

Issue publication date: 6 April 2021

579

Abstract

Purpose

The purpose of this paper is to analyse the readiness factors for Industry 4.0 deployment in small and medium-sized enterprises (SMEs) using complex proportionality assessment (COPRAS) methodology.

Design/methodology/approach

Industry 4.0 is vital for ensuring manufacturing competitiveness of SMEs. In order to facilitate Industry 4.0 adoption in SMEs, readiness factors need to be analysed. In this viewpoint, this article presents the analysis of readiness factors using multi-criteria decision-making (MCDM) tool COPRAS.

Findings

The priority of ranking of 15 readiness factors is obtained. The prioritized readiness factors would enable the smooth adoption of Industry 4.0 in SMEs.

Practical implications

The study has been done based on inputs from industry practitioners and hence the results have practical relevance.

Originality/value

The analysis of readiness factors for Industry 4.0 in SMEs using COPRAS is the original contribution of authors.

Keywords

Citation

Sriram, R.M. and Vinodh, S. (2021), "Analysis of readiness factors for Industry 4.0 implementation in SMEs using COPRAS", International Journal of Quality & Reliability Management, Vol. 38 No. 5, pp. 1178-1192. https://doi.org/10.1108/IJQRM-04-2020-0121

Publisher

:

Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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