Analysis of readiness factors for Industry 4.0 implementation in SMEs using COPRAS
International Journal of Quality & Reliability Management
ISSN: 0265-671X
Article publication date: 14 October 2020
Issue publication date: 6 April 2021
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