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Book part
Publication date: 13 December 2023

Leena Wanganoo and Rajesh Tripathi

Climate change and digitisation are unquestionably the two defining features of this era. Both present immense challenges with unimaginable consequences for humankind while…

Abstract

Climate change and digitisation are unquestionably the two defining features of this era. Both present immense challenges with unimaginable consequences for humankind while promising enormous rewards for those who can adequately address their adverse effects. These two critical factors must be considered while establishing strategies for the businesses' future operations. Hence, post-pandemic, especially with the rise of online commerce, packages and documents are delivered around the globe nearly every day, propelling the logistics industry's growth. This is not the critical challenge in logistics, the issue of sustainability, particularly as the returns are increasing exponentially, leading to a significant impact on transportation is and its reliance on fossil fuel has made it a prime target for society's growing environmental concerns. Thus, real-time visibility, collaboration and integration in reverse logistics (RL) are imperative for business sustainability. The most applicable Industry 4.0 technologies in RL are the Internet of Things (IoT), cloud computing, blockchain and digital twin that enable the defragmentation of the RL market.

This chapter analyses the technological impact of Industry 4.0 on RL. This research investigates the challenges faced by the logistics industry in the context of sustainability and how digital transformation can bring many potential benefits across the entire value chain. This chapter also presents a guidance for a framework based on the literature review that tends to favour the development of elastic logistics, implying improved company responsiveness to market conditions. The study contributes to the body of literature and the establishment of the framework for planning on the application of various Industry 4.0 technologies in developing eco-friendly and sustainable reverse logistics framework.

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Fostering Sustainable Development in the Age of Technologies
Type: Book
ISBN: 978-1-83753-060-1

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Book part
Publication date: 18 January 2024

Tulsi Pawan Fowdur, Visham Hurbungs and Lavesh Babooram

Intelligent real-time systems are significantly impacting several of the UN Sustainable Development Goals (SDGs) by revolutionising processes in several areas such as Industry…

Abstract

Intelligent real-time systems are significantly impacting several of the UN Sustainable Development Goals (SDGs) by revolutionising processes in several areas such as Industry 4.0, smart cities, transportation, agriculture, renewable energy, climate change and other economic activities. Given that much of the work to achieve the SDGs relies on information and communication technology, cybersecurity has a potentially immense role to play towards achieving these outcomes. Moreover, cyberattacks have emerged as a new functional threat for interconnected, smart manufacturers and digital supply networks, employed in intelligent real-time systems for the Fourth Industrial Revolution. The effects of cyberattacks can be much more widespread than ever before due to the interconnected nature of Industry 4.0-driven operations. Blockchain can be really useful in such situations as it provides edge protection and allows authentication of the machine-to-machine and human–machine operations, stable data share, life cycle management, access control compliance of devices and self-sustaining operations. Moreover, blockchain can be applied for tracking and tracing transactions through devices, which are performed during the operation, as well as to encrypt and transmit data securely. It is vital to establish complete trust in a technology that is being adopted so that its full potential can be exploited. It is consequently critical that the organisational and information technology strategy fully integrates secure, vigilant and resilient cybersecurity strategies such as blockchain. This will ensure that cyber risks are properly managed in the age of Industry 4.0. This chapter, therefore, analyses the application of blockchain in intelligent real-time systems such as Industry 4.0 so that the opportunities these systems present for the SDGs can be exploited safely with minimum risks to society.

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Artificial Intelligence, Engineering Systems and Sustainable Development
Type: Book
ISBN: 978-1-83753-540-8

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Book part
Publication date: 21 May 2024

Muhammad Shujaat Mubarik and Sharfuddin Ahmed Khan

Digital technologies (DTs) have emerged as a major driving force, transmuting the ways Supply Chains (SCs) are managed. The integration of DTs in supply chain management (SCM)…

Abstract

Digital technologies (DTs) have emerged as a major driving force, transmuting the ways Supply Chains (SCs) are managed. The integration of DTs in supply chain management (SCM), Digital Supply Chain Management (DSCM), has fundamentally reshaped the SCM landscape, offering new opportunities and challenges for organizations. This chapter provides a comprehensive overview of modern DTs and the way they impact modern SCM. This chapter has twofold objectives. First, it illustrates the major changes that DTs have brought to the supply chain landscape, unraveling their multifaceted implications. Second, it offers readers a deeper and comprehensive understanding of the challenges and opportunities arising from the incorporation of DTs into supply chains. By going through the chapter, readers will be able to have a comprehensive grasp of how DTs are reshaping SCM and how organizations can survive and thrive in the digital age. This chapter commences by shedding light on how DTs have and continue to redefine SCM, improving supply chain resilience, visibility, and sustainability in an increasingly complex and interconnected world. It also highlights the role of DTs in enhancing SC visibility, agility, and customer-centricity. Furthermore, this chapter briefly highlights the challenges related to the adoption (pre and post) of DTs in SCM, elucidating on issues related to talent acquisition, data security, and regulatory compliance. It also highlights the ethical and societal implications of this digital transformation, emphasizing the significance of responsible and sustainable practices. This chapter, with the help of three cases, illustrates how the adoption of DTs in SC can impact the various SC performance indicators.

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The Theory, Methods and Application of Managing Digital Supply Chains
Type: Book
ISBN: 978-1-80455-968-0

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Book part
Publication date: 10 November 2023

Gabi Kaffka and Norris Krueger

This chapter sets forth how and why diary data analysis can help significantly advance inquiry into the intersubjective aspects of entrepreneurial opportunities. We start the…

Abstract

This chapter sets forth how and why diary data analysis can help significantly advance inquiry into the intersubjective aspects of entrepreneurial opportunities. We start the chapter with a presentation of the sensemaking perspective for the study of intersubjectivity in entrepreneurship. Next, we address epistemological limitations of retrospective data collection methods and examine the relevance of real-time, prospective data, specifically diary data, for the study of intersubjective phenomena associated with entrepreneurial activity. Furthermore, we describe our experiences with application of this method to the study of entrepreneurial cognitive development in the context of longitudinal, diary data-based research on this topic. We also address limitations of the diary data collection method and propose future research avenues for studies on intersubjective dimensions of entrepreneurial agency, before concluding this chapter.

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Nurturing Modalities of Inquiry in Entrepreneurship Research: Seeing the World Through the Eyes of Those Who Research
Type: Book
ISBN: 978-1-80262-186-0

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Book part
Publication date: 21 May 2024

Muhammad Shujaat Mubarik and Sharfuddin Ahmed Khan

Industry 4.0 and the digital supply chain (DSC) are changing how things are made and moved around the world. This change is all about how smart technologies like the Internet of…

Abstract

Industry 4.0 and the digital supply chain (DSC) are changing how things are made and moved around the world. This change is all about how smart technologies like the Internet of Things (IoT), artificial intelligence (AI), and blockchain are making supply chains work better. These tools help companies react faster and more clearly to what's needed. By using these new technologies, businesses can get better at guessing what customers want, keeping the right amount of stock, and quickly adjusting to new market trends. With these advanced technologies, companies can see big improvements, like being able to match supply with demand more closely and change their plans fast when things in the market change. It is really important for businesses to get how these tech tools work together as the world of making and selling things keeps changing. This chapter examines the convergence of traditional supply chain systems with Industry 4.0, focusing on the transformative impact of technologies such as the IoT, AI, and blockchain.

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The Theory, Methods and Application of Managing Digital Supply Chains
Type: Book
ISBN: 978-1-80455-968-0

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Book part
Publication date: 10 November 2023

Heiko Marc Schmidt and Sandra Milena Santamaria-Alvarez

Processual approaches to entrepreneurship have increasingly captured researchers’ interest. One such approach that tries to understand entrepreneurs in real time by looking with

Abstract

Processual approaches to entrepreneurship have increasingly captured researchers’ interest. One such approach that tries to understand entrepreneurs in real time by looking with them, not at them, has been termed withness (Shotter, 2006). But how does one design a study that captures this experience of living in the flow? In this methodological reflection, we propose using the metaphor of warp and weft to think of grounded theory research designs that seek to approximate withness. To this end, we also reflect on our experience studying the unfolding processes in international new ventures and highlight the usefulness of multiple data collection instruments, notably diaries and interviews.

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Nurturing Modalities of Inquiry in Entrepreneurship Research: Seeing the World Through the Eyes of Those Who Research
Type: Book
ISBN: 978-1-80262-186-0

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Book part
Publication date: 25 October 2023

Sumesh Singh Dadwal

As the size of the population is growing and the capacity of the planet Earth is limited, human beings are searching for sustainable and technology-enabled solutions to support…

Abstract

As the size of the population is growing and the capacity of the planet Earth is limited, human beings are searching for sustainable and technology-enabled solutions to support society, ecology and economy. One of the solutions has been developing smart sustainable cities. Smart sustainable cities are cities as systems, where their infrastructure, different subsystems and different functional domains are virtually connected to the information and communication technologies (ICT) and internet via sensors and devices and the Internet of Things (IoT), to collect and process real-time Big Data and make efficient, effective and sustainable solutions for a democratic and liveable city for its various stakeholders. This chapter explores the concepts and practices of sustainable smart cities across the globe and explores the use of technologies such as IoT, Blockchain technology and Cloud computing, etc. their challenges and then presents a view on business models for sustainable smart cities.

Book part
Publication date: 25 October 2023

Judy Njuguna, Dilshad Sarwar, Ebenezer Laryea and Amin Hosseinian-Far

A Digital Twin (DT) is a digital replica of an artefact which is updated on real-time or semi–real-time basis. In 2017, Gartner listed DT as one of the top 10 emerging…

Abstract

A Digital Twin (DT) is a digital replica of an artefact which is updated on real-time or semi–real-time basis. In 2017, Gartner listed DT as one of the top 10 emerging technologies of the year. Since then, there have been numerous attempts to develop architecture and reference models for DTs, and in some studies, DT construction for real-world case studies is reported. This chapter attempts to provide a contextualised background on DT for smart cities. It also discusses various stakeholders involved in devising and/or employing DTs in a smart city. The chapter concludes with a set of recommendations for the training requirements of final DT users.

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Technology and Talent Strategies for Sustainable Smart Cities
Type: Book
ISBN: 978-1-83753-023-6

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Book part
Publication date: 18 January 2024

Anshu Prakash Murdan and Vishwamitra Oree

In this chapter, we investigate the role of the Internet of Things (IoT) for a more sustainable future. The IoT is an umbrella term that refers to an interrelated network of…

Abstract

In this chapter, we investigate the role of the Internet of Things (IoT) for a more sustainable future. The IoT is an umbrella term that refers to an interrelated network of devices connected to the internet. It also encompasses the technology that enables communication between these devices as well as between the devices and the cloud. The emergence of low-cost microprocessors, sensors and actuators, as well as access to high bandwidth internet connectivity, has led to the massive adoption of IoT systems in everyday life. IoT systems include connected vehicles, connected homes, smart cities, smart buildings, precision agriculture, among others. During the last decade, they have been impacting human activities in an unprecedented way. In essence, IoT technology contributes to the improvement of citizens' quality of life and companies' competitiveness. In doing so, IoT is also contributing to achieve the Sustainable Development Goals (SDGs) that were adopted by the United Nations in 2015 as an urgent call to action by all countries to eradicate poverty, tackle climate change and ensure that no one is left behind by 2030. The World Economic Forum (WEF) recognises that IoT is undeniably one of the major facilitators for responsible digital transformation, and one of its reports revealed that 84% of IoT deployments are presently addressing, or can potentially address the SDGs. IoT is closely interlinked with other emerging technologies such as Artificial Intelligence (AI) and Cloud Computing, for the delivery of enhanced and value-added services. In recent years, there has been a push from the IoT research and industry community together with international stakeholders, for supporting the deployment and adoption of IoT and AI technologies to overcome some of the major challenges facing mankind in terms of protecting the environment, fostering sustainable development, improving safety and enhancing the agriculture supply chain, among others.

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Artificial Intelligence, Engineering Systems and Sustainable Development
Type: Book
ISBN: 978-1-83753-540-8

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Book part
Publication date: 21 May 2024

Muhammad Shujaat Mubarik and Sharfuddin Ahmed Khan

This chapter provides an in-depth look at how digital supply chain management (DSCM) can revolutionize supply chains in the post-COVID world. The COVID-19 pandemic exposed the…

Abstract

This chapter provides an in-depth look at how digital supply chain management (DSCM) can revolutionize supply chains in the post-COVID world. The COVID-19 pandemic exposed the vulnerabilities of traditional supply chains, highlighting the need for resilience and adaptability. The chapter begins by examining these COVID-induced disruptions, setting the foundation for the discussion on DSCM. DSCM, leveraging advanced technologies and data insights, offers a solution to these challenges, promoting agility, transparency, and sustainability in supply chain operations. This represents a significant shift from traditional practices, equipping organizations to cope with the dynamic postpandemic environment. Key capabilities of DSCM, such as resilience, integration, agility, and risk management, are discussed, supported by real-world examples from leading companies. These examples showcase the successful implementation of DSCM and its benefits in navigating the complexities of modern supply chains. However, the adoption of DSCM is not without challenges, including cybersecurity risks and integration difficulties. The chapter suggests strategies to overcome these challenges, emphasizing the importance of technology, collaboration, sustainability, and data-driven decision-making. By embracing these strategies, organizations can effectively manage their supply chains in the evolving global market, leveraging DSCM to withstand future uncertainties.

Details

The Theory, Methods and Application of Managing Digital Supply Chains
Type: Book
ISBN: 978-1-80455-968-0

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