Review of Business and Economics Studies / Вестник исследований бизнеса и экономики, 2024, том 12, № 3
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Vol. 12 • No. 3 • 2024 ISSN 2308-944X (Print) ISSN 2311-0279 (Online) Review of Business and Economics Studies DOI: 10.26794/2308-944X The journal was reregistered in the Federal Service for Supervision of Communications, Informational Technologies, and Mass Media: PI No. ФС77–67072 of 15 September 2016 Издание перерегистрировано в Федеральной службе по надзору в сфере связи, информационных технологий и массовых коммуникаций: ПИ № ФС77–67072 от 15 сентября 2016 г. Publication frequency — 4 issues per year Founder: Financial University Периодичность издания — 4 номера в год Учредитель: Финансовый университет The Journal is included into the system of Russian Science Citation Index, Scopus, the Higher Attestation Commission (VAK) List of journals for scientifi c specialities: 5.2.3, 5.2.4, 5.2.5 Журнал включен в систему Российского индекса научного цитирования (РИНЦ), Scopus, Перечень изданий ВАК по научным специальностям: 5.2.3, 5.2.4, 5.2.5 The Journal is distributed by subscription. Subscription index: 42137 in the consolidated catalogue “The Press of Russia” Журнал распространяется по подписке. Подписной индекс 42137 в объединенном каталоге «Пресса России» The journal is published under the terms of Creative Commons Attribution 4.0 International (CC BY 4.0) license. Журнал публикует материалы на условиях лицензии Creative Commons Attribution 4.0 International (CC BY 4.0). Т. 12 • № 3 • 2024 ISSN 2308-944X (Print) ISSN 2311-0279 (Online) Вестник исследований бизнеса и экономики DOI: 10.26794/2308-944X
Review of Business and Economics Studies Stephen McGuire Dr. of Economics, Professor, College of Business and Economics, Faculty of Management, California State University, Los Angeles, USA Mikhail V. Zharikov Dr. Sci. (Econ.), Associate Professor, Professor of the Department of World Economy and World Finance, Faculty of International Economic Relations, Financial University, Moscow, Russia EDITOR-IN-CHIEF Pavel S. Seleznev Dr. Sci. (Political Science), Dean, Faculty of International Economic Relations, Professor, Department of Politology, Financial University, Moscow, Russia REVIEW OF BUSINESS Alexander Melnikov Dr. Sci. (Physics-Math.), Professor, Department of Mathematical Sciences and Statistical Sciences, University of Alberta, Edmonton, Canada AND ECONOMICS STUDIES (RoBES) is the quarterly peerDEPUTY EDITOR-IN-CHIEF Marina I. Sidorova Dr. Sci. (Econ.), Professor, Department of Audit and Corporate Reporting, Financial University, Moscow, Russia reviewed scholarly journal published by the Financial University under Nasibu R. Mramba Dr. of Business Informatics, Ag. Deputy Rector Academic Research & Consultancy, College of Business Education, Dar Es Salaam, Tanzania the Government of the Russian MANAGING EDITOR Alexei M. Botchkarev Cand. Sci. (Tech.) Financial University, Moscow, Russia Federation, Moscow. Journal’s mission is to provide scientific perspective on topical economic Sergey A. Polevoy Dr. Sci. (Tech.), Associate Professor, Professor, Department of Management, Higher School of Management, Financial University, Moscow, Russia and business subjects. EDITORIAL BOARD Sanjaya Acharya Dr. of Economics, Professor, Department of Economics, Faculty of Humanities and Social Sciences, Tribhuvan University, Kathmandu, Nepal CONTACT INFORMATION Financial University Thomas Renström Dr. of Economics, Professor, Business School, Department of Economics and Finance, Durham University, Durham, UK Leningradsky prospekt, 53, office 5.6 125167, Moscow, Nikolai P. Belyatsky Dr. Sci. (Econ.), Professor, Head of the Department of Organization and Management, Faculty of Economics and Management, Belarusian State University of Economics, Minsk, Republic of Belarus Russian Federation Boris Rubtsov Dr. Sci. (Econ.), Professor, Deputy Chairman of Department of Financial Markets and Banks for R&D, Financial University, Moscow, Russia Telephone: +7 (499) 553-10-74 (internal 10-88) Website: https://rbes.fa.ru/jour Alan Sangster Dr. of Economics, Professor, Business School, King’s College, University of Aberdeen, Aberdeen, UK Konstantin P. Gluschenko Dr. Sci. (Econ.), Professor, Chief Scientist, Institute of Economics and Organization of Industrial Production, Siberian Branch of RAS, Novosibirsk, Russia AUTHOR INQUIRIES Inquiries relating to the submission of articles can be sent by electronic Sabu Thomas PhD., Professor, Vice Chancellor, Mahatma Gandhi University, Kottayam, India Alexander I. Ilyinsky Dr. Sci. (Tech.), Professor, Scientific Supervisor, Global Studies Institute, Financial University, Moscow, Russia mail to ambotchkarev@fa.ru. COPYRIGHT AND PHOTOCOPYING © 2020 All rights reserved. Ivan N. Timofeev Cand. Sci. (Polit.), Assistant Professor, Moscow State Institute of International Relations (MGIMO), Russian International Affairs Council (RIAC), Moscow, Russia Lidia I. Kulikova Dr. Sci. (Econ.), Professor, Head of the Department of Accounting, Analysis and Audit, Kazan (Volga Region) Federal University, Kazan, Russia No part of this publication may be reproduced, stored or transmitted in any form or by any means without the prior permission in writing from the copyright holder. Igor Yu. Varyash Dr. Sci. (Econ.), Professor, Head of the Analytical Center for Financial Research, Financial Research Institute of the Ministry of Finance of the Russian Federation, Moscow, Russia Svetlana A. Lipina Dr. Sci. (Econ.), Professor, Deputy Head of the Council for the Study of Productive Forces, Russian Foreign Trade Academy, Moscow, Russia Single photocopies of articles may be made for personal use as allowed by national copyright laws. ISSN 2308-944X Bo Xu Dr. of Political Science, Professor, Vice Chair, Department of International Politics, Northeast Asian Studies College, Jilin University, Changchun City, China Dimitrios Mavrakis Dr. of Economics, Professor, Energy Policy and Development Centre, National and Kapodistrian University of Athens, Athens, Greece 2 rbes.fa.ru
Вестник исследований бизнеса и экономики Куликова Лидия Ивановна, д-р экон. наук, профессор, заведующая кафедрой учета, анализа и аудита, Казанский (Приволжский) федеральный университет, Казань, Россия Сюй Бо, доктор политических наук, профессор, заместитель руководителя, кафедра международной политики, Колледж исследований СевероВосточной Азии, Университет Цзилинь, г. Чанчунь, Китай ГЛАВНЫЙ РЕДАКТОР Селезнев Павел Сергеевич, д-р полит. наук, декан факультета международных экономических отношений, профессор департамента политологии, Финансовый университет, Москва, Россия Липина Светлана Артуровна, д-р экон. наук, профессор, заместитель председателя Совета по изучению производительных сил, Всероссийская академия внешней торговли, Москва, Россия ЗАМЕСТИТЕЛЬ ГЛАВНОГО РЕДАКТОРА Сидорова Марина Ильинична, д-р экон. наук, профессор кафедры аудита и корпоративной отчетности, Финансовый университет, Москва, Россия Тимофеев Иван Николаевич, канд. полит. наук, доцент, Московский государственный институт международных отношений (МГИМО), генеральный директор Российского совета по международным делам (РСМД), Москва, Россия Томас Сабу, д-р философии, профессор, проректор, Университет Махатмы Ганди, Коттаям, Индия Мавракис Димитриос, д-р экономики, профессор, Центр энергетической политики и развития (KEPA) Национального и Каподистрийского Университета Афин (NKUA), Афины, Греция ВЫПУСКАЮЩИЙ РЕДАКТОР Бочкарев Алексей Михайлович, канд. техн. наук, ст. науч. сотр., Финансовый университет, Москва, Россия Редакция научных журналов Финансового университета 125167, Москва, Макгуайр Стефен, д-р экономики, профессор, факультет менеджмента, Колледж бизнеса и экономики, Калифорнийский государственный университет, ЛосАнджелес, США РЕДАКЦИОННЫЙ СОВЕТ Ачарья Санджая, д-р экономики, профессор, департамент экономики, факультет гуманитарных и социальных наук, Трибхуванский университет, Катманду, Непал Ленинградский пр-т, 53, комн. 5.6 Тел. +7 (499) 553-10-74 (вн. 10-88) Мельников Александр, д-р физ.-мат. наук, профессор, факультет математических и статистических наук, Университет Альберты, Эдмонтон, Канада Интернет: https://rbes.fa.ru/jour Беляцкий Николай Петрович, д-р экон. наук, профессор, заведующий кафедрой организации и управления, факультет экономики и менеджмента, Белорусский государственный экономический университет, Минск, Республика Беларусь Журнал “Review of Business and Economics Studies” («Вестник исследований бизнеса Мрамба Насибу Раджабу, д-р бизнес-информатики, заместитель ректора по учебной и исследовательской работе, Колледж бизнес-образования, Дар-эс-Салам, Танзания и экономики») зарегистрирован в Федеральной службе по надзору в сфере связи, Варьяш Игорь Юрьевич, д-р экон. наук, профессор, руководитель Аналитического центра финансовых исследований, Научно-исследовательский финансовый институт Министерства финансов РФ, Москва, Россия информационных технологий Полевой Сергей Анатольевич, д-р техн. наук, доцент, профессор кафедры менеджмента, факультет «Высшая школа управления», Финансовый университет, Москва, Россия и массовых коммуникаций 15 сентября 2016 г. Свидетельство о регистрации Глущенко Константин Павлович, д-р экон. наук, главный научный сотрудник, Институт экономики и организации промышленного производства, Сибирское отделение РАН, Новосибирск, Россия ПИ № ФС77-67072. Ренстром Томас, д-р экономики, профессор, Школа бизнеса, факультет экономики и финансов, Даремский университет, Дарем, Великобритания Подписано в печать: 29.10.2024. Формат 60 × 84 1/8. Заказ №1280 Отпечатано в отделе полиграфии Рубцов Борис Борисович, д-р экон. наук, профессор, кафедра финансовых рынков и финансового инжиниринга, Финансовый университет, Москва, Россия Жариков Михаил Вячеславович, д-р экон. наук, доцент, профессор кафедры мировой экономики и мировых финансов факультета международных экономических отношений, Финансовый университет, Москва, Россия Финуниверситета (Москва, Ленинградский проспект, д. 49/2). 16+ Сангстер Алан, д-р экономики, профессор, Школа бизнеса, Абердинский университет, Королевский колледж, Абердин, Великобритания Ильинский Александр Иоильевич, д-р техн. наук, профессор, научный руководитель Института глобальных исследований, Финансовый университет, Москва, Россия 3
Review of Business and Economics Studies Volume 12, Number 3, 2024 A Systematic Review on Exploring the Influence of Industry 4.0 Technologies to Enhance Supply Chain Visibility and Operational Efficiency Tahsina Khan, Md M.H. Emon, Md A. Rahman . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Understanding the Republic of Malawi’s Trade Dynamics: A Bayesian Gravity Model Approach Benjamin B. Sambiri, Noah C. Mutai, Sushma Kumari . . . . . . . . . . . . . . . . . . . . . . . . . 28 The Impact of Information and Communication Technologies on International Trade: A Case of Sub-Saharan Africa Eudoxie Bessan Ayedoun, Christian O.S. Ayedoun. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 Assessing the Impact of Digital Supply Chain Management on the Sustainability of Construction Projects Shahid Aziz, Prince Kumar, Anwar B. Khan. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 Dynamic Programming Principle for Optimal Control of Uncertain Random Differential Equations and its Application to Optimal Portfolio Selection Justin Chirima, Frank R. Matenda, Eriyoti Chikodza, Mabutho Sibanda. . . . . . . . . . . . 74 Organizational Environment and Management Skills in Small and Medium-Sized Enterprises Shah M. Wagan, Sidra Sidra, Mohammad M.U. Hoque.. . . . . . . . . . . . . . . . . . . . . . . . . 86 Ehsan’s Three Tables Model: A Comprehensive Guide for Identifying Research Gaps and Conducting Systematic Literature Reviews in Business and Economics Studies Ehsan S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102
Вестник исследований бизнеса и экономики № 3, 2024 Систематический обзор по изучению влияния технологий Индустрии 4.0 на повышение прозрачности цепочки поставок и операционной эффективности Тахсина Хан, Мд М.Х. Эмон, Мд А. Рахман. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Понимание динамики торговли Республики Малави: подход с использованием байесовской гравитационной модели Бенджамин Б. Самбири, Ной Ч. Мутай, Сушма Кумари. . . . . . . . . . . . . . . . . . . . . . 28 Влияние информационно-коммуникационных технологий на международную торговлю: исследование в странах Африки к югу от Сахары Эвдокси Бессан Айедун, Кристиан О.С. Айедун. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 Оценка влияния цифрового управления цепочками поставок на устойчивость строительных проектов Шахид Азиз, Принц Кумар, Анвар Б. Хан . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 Принцип динамического программирования для оптимального управления неопределенными случайными дифференциальными уравнениями и его применение к оптимальному выбору портфеля Джастин Чирима, Франк Р. Матенда, Эриоти Чикодза, Мабуто Сибанда. . . . . 74 Организационная среда и управленческие навыки на малых и средних предприятиях Шах М. Ваган, Сидра Сидра, Мохаммад М.У. Хоке.. . . . . . . . . . . . . . . . . . . . . . . . . . 86 Модель трех таблиц Эхсана: комплексное руководство по выявлению пробелов в исследованиях и проведению систематических обзоров литературы в области бизнеса и экономики Эхсан Ш. Салих. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102
Review of Business and Economics Studies ORIGINAL PAPER DOI: 10.26794/2308-944X-2024-12-3-6-27 UDC 338.3:658.7(045) JEL D80, L14, M11, O33, Q55 A Systematic Review on Exploring the Influence of Industry 4.0 Technologies to Enhance Supply Chain Visibility and Operational Efficiency T. Khana, Md M.H. Emonb, Md A. Rahmanc a,b Bangladesh University of Professionals (BUP), Dhaka, Bangladesh; c Infrastructure University Kuala Lumpur (IUKL), Kajang, Malaysia ABSTRACT This systematic review investigates the implications of Industry 4.0 technologies on supply chain visibility and operational efficiency. The primary aim is to discern the impact of technological integration on contemporary supply chain dynamics. Methods: A comprehensive search strategy identified 65 pertinent studies published between 2015 and 2023. The review adheres to systematic methodologies, employing the Critical Appraisal Skills Programme framework for quality assessment. Data synthesis incorporates qualitative and quantitative analyses to distill key themes and patterns. Results: The review unveils the pivotal role of information visibility in fortifying supply chain outcomes, emphasizing the need for a dual investment strategy encompassing technological solutions and a collaborative organizational culture. Regional variations in supply chain practices, insights from humanitarian supply chains, and the influence of environmental factors on agility broaden the understanding of Industry 4.0 implications. Organizations are urged to adopt a context-specific, adaptive approach, recognizing the significance of intangible assets and tailoring strategies to local contexts for optimal supply chain performance. This systematic review contributes a nuanced understanding of Industry 4.0’s transformative potential in supply chain management, emphasizing the interplay between technology, organizational culture, and regional contexts. Keywords: Industry 4.0; supply chain management; supply chain visibility; operational efficiency; information visibility; collaboration; agility; sustainability; artificial intelligence; internet of things; systematic review For citation: Khan T., Emon Md M.H., Rahman Md A. A systematic review on exploring the influence of Industry 4.0 technologies to enhance supply chain visibility and operational efficiency. Review of Business and Economics Studies. 2024;12(3):6-27. DOI: 10.26794/2308-944X-2024-12-3-6-27 ОРИГИНАЛЬНАЯ СТАТЬЯ Систематический обзор по изучению влияния технологий Индустрии 4.0 на повышение прозрачности цепочки поставок и операционной эффективности T. Ханa, Мд М.Х. Эмонb, Мд А. Рахманc a, b Бангладешский университет специалистов (BUP), Дакка, Бангладеш; с Университет инфраструктуры Куала-Лумпур (IUKL), Каджанг, Малайзия АННОТАЦИЯ В данном систематическом обзоре исследуется влияние технологий Индустрии 4.0 на прозрачность цепочки поставок и операционную эффективность. Основная цель — выявить влияние технологической интеграции на современную динамику цепей поставок. Методы: c помощью комплексной стратегии поиска было выявлено © Khan T., Emon Md M.H., Rahman Md A., 2024 This work is licensed under the terms of a Creative Commons Attribution 4.0 International (CC BY 4.0) license. 6 rbes.fa.ru
A Systematic Review on Exploring the Influence of Industry 4.0 Technologies to Enhance Supply Chain Visibility and Operational Efficiency 65 соответствующих исследований, опубликованных в период с 2015 по 2023 г. В обзоре использовалась систематическая методология, а для оценки качества применялась программа развития навыков проведения критической оценки. Синтез данных включает качественный и количественный подходы для выявления ключевых тем и закономерностей. Результаты: в обзоре раскрывается ключевая роль информационной прозрачности в улучшении результатов работы цепочки поставок, подчеркивается необходимость двойной инвестиционной стратегии, включающей технологические решения и организационную культуру, основанную на сотрудничестве. Анализ региональных различий в практике цепочек поставок, опыта гуманитарных цепочек поставок и влияния экологических факторов на гибкость расширяют понимание последствий Индустрии 4.0. Организациям настоятельно рекомендуется применять адаптивный подход с учетом конкретных условий, принимая во внимание важность нематериальных активов и адаптируя стратегии к местным контекстам для оптимального функционирования цепочки поставок. Данный систематический обзор способствует детальному пониманию преобразующего потенциала Индустрии 4.0 в управлении цепочкой поставок, подчеркивая взаимодействие между технологиями, организационной культурой и региональными контекстами. Ключевые слова: Индустрия 4.0; управление цепочкой поставок; прозрачность цепочки поставок; операционная эффективность; прозрачность информации; сотрудничество; гибкость; устойчивость; искусственный интеллект; интернет вещей; систематический обзор Для цитирования: Khan T., Emon Md M.H., Rahman Md A. A systematic review on exploring the influence of Industry 4.0 technologies to enhance supply chain visibility and operational efficiency. Review of Business and Economics Studies. 2024;12(3):6-27. DOI: 10.26794/2308-944X-2024-12-3-6-27 Introduction Industry 4.0 has brought about a significant change in manufacturing and supply chain methods, introducing a new age defined by linked, intelligent, and automated systems [1]. Industry 4.0, often known as the fourth industrial revolution, signifies the integration of technological progress that has fundamentally changed conventional business structures and operating procedures [2]. This revolution expands upon the groundwork established by previous movements, integrating cyber-physical systems, the Internet of Things (IoT), Artificial Intelligence (AI), big data analytics, and automation into a unified and revolutionary structure [3]. The term “Industry 4.0” was coined in Germany as a component of a government endeavour to promote the digitization of industry [4]. The concept draws upon the chronological development of industrial revolutions — the initial one distinguished by the utilization of water and steam power for mechanization, the second one characterized by the widespread production facilitated by electric power, and the third one propelled by automation and computerization [5]. Industry 4.0 signifies the merging of physical and digital technologies, resulting in the development of intelligent systems that can make decisions in a decentralized manner and communicate in realtime [6]. Although there is an increasing amount of literature on Industry 4.0 and its influence on supply chain management, there is a requirement for a methodical examination that combines and assesses the current understanding. While individual studies may give insights into certain issues, a holistic knowledge of how Industry 4.0 technologies together contribute to supply chain visibility and operational efficiency (OE) is absent [7]. This systematic review seeks to address this deficiency by thoroughly examining and consolidating the existing literature, thus enhancing our comprehension of the present research landscape. It will uncover patterns, discern trends, and provide valuable perspectives for future studies and industry implementations. Industry 4.0 is fundamentally based on a set of essential components that work together to provide its revolutionary capacity [2, 8]. Cyberphysical systems serve as the foundation, merging physical operations with digital connection to provide independent decision-making [9, 10]. The Internet of Things (IoT) enables the linking of devices, enabling smooth data interchange and live monitoring throughout the whole production and supply chain [11]. AI facilitates the use of sophisticated machine learning algorithms, empowering systems to scrutinize data, provide well-informed judgements, and adjust to everchanging surroundings [12]. Big data analytics utilizes extensive databases to derive significant insights, which guide strategic decision-making. Automation, which integrates robots and autonomous systems, improves efficiency and adaptability in manufacturing and supply chain processes [13]. 7
Review of Business and Economics Studies technology necessitate thoughtful deliberation [24]. Furthermore, the adoption of Industry 4.0 technologies requires a change in the culture of organizations, ensuring that all stakeholders are in sync with the revolutionary nature of these innovations [25]. In addition to its growing significance in business, I4T is also becoming more widely discussed in academic circles. This has influenced a variety of fields, including business research, which has taken an interest in the topic and is now researching I4T from a more comprehensive standpoint [26]. In this connection, supply chain management (SCM) has been identified as one of the domains that stands to gain the most from I4T applications [27]. It is necessary to investigate how AI might benefit the dynamic aspects of SCM such as supply chain visibility (SCV) and OE, as evident from the emerging interest from practitioners and researchers in this area [28]. This need has come up in a number of investigations. The current study fills this gap by examining the research aims and conducting a systematic review. This, we hope, will encourage more study on this fascinating and significant subject. The ramifications of Industry 4.0 extend well beyond the physical production area, exerting a substantial influence on the management of supply chains [14, 15]. The conventional linear supply chain model, which is defined by distinct and sequential phases, has transformed into a dynamic, networked, and data-centric supply network [16]. The incorporation of Industry 4.0 technology offers unparalleled insight into the complete supply chain ecosystem, encompassing the procurement of raw materials to the delivery of the final product to the end-user [17]. Industry 4.0 significantly improves supply chain visibility, which is a crucial aspect of supply chain management. Historically, supply chain visibility denoted the capacity to monitor the progression of merchandise across many phases [18]. Nevertheless, in the era of Industry 4.0, it assumes a more expansive connotation. Organizations may obtain valuable information about inventory levels, manufacturing progress, and logistical operations through real-time monitoring, which is made possible by IoT devices and sensors [19]. The utilization of real-time data enables organizations to forecast and take proactive measures to mitigate future interruptions, optimize the management of inventories, and improve overall operational resilience [20]. The incorporation of Industry 4.0 technology profoundly transforms the methods by which operational efficiency is attained within the supply chain. Utilizing data-driven solutions improves operational processes, resulting in shorter lead times, decreased bottlenecks, and improved resource utilization [21]. AI systems utilize past and current data to predict patterns in demand, allowing organizations to optimize their production schedules and inventory levels. AI and robotics-driven automation optimize repetitive tasks, allowing human resources to dedicate their efforts to intricate decision-making processes [22]. This cohesive strategy establishes a versatile and efficient network of suppliers, resulting in a supply chain structure that can easily adjust to dynamic market requirements [23]. Industry 4.0 offers unique prospects for improving supply chain operations, but it also brings about obstacles that organizations need to overcome. Factors such as worries about cybersecurity, protection of data privacy, and the necessity of a competent staff to handle this sophisticated Aim of the paper The main aim of this work is to provide a thorough and analytical systematic evaluation of the current literature that examines the effects of Industry 4.0 technologies on supply chain visibility and operational efficiency. In this regard, the article focuses on a thorough analysis of a wide range of studies that focus on the relationship between Industry 4.0 and supply chain management. Keeping this in mind, the primary objective of the research is to comprehensively analyze relevant research studies on Industry 4.0 technologies, such as the Internet of Things (IoT), Artificial Intelligence (AI), big data analytics, and automation, specifically in the context of supply chain operations. In addition, the article aims to thoroughly assess the methodological quality of the chosen studies by examining their research designs, data collection techniques, and analytical procedures to assure the credibility and accuracy of the information provided. An essential task is to identify and analyze recurring patterns, emerging trends, and common themes in the chosen literature. This will provide valuable insights into the impact of various Industry 8 rbes.fa.ru
A Systematic Review on Exploring the Influence of Industry 4.0 Technologies to Enhance Supply Chain Visibility and Operational Efficiency for academics, industry experts, and policymakers who are interested in the convergence of Industry 4.0 technologies and supply chain operations. It aspires to stimulate additional study in this dynamic and expanding sector. Literature review Search strategy The search strategy aimed to systematically identify and retrieve relevant studies published between 2015 and 2023 that explored the intersection of Industry 4.0 technologies with supply chain visibility and operational efficiency. This search was conducted in major academic databases, including PubMed, IEEE Xplore, ScienceDirect, and SpringerLink. The search utilized a combination of keywords and Boolean operators to refine and target the query effectively [29]. The primary search terms included “Industry 4.0”, “supply chain visibility”, “operational efficiency”, “Internet of Things (IoT)”, “Artificial Intelligence (AI)”, “big data analytics”, and “automation”. The search was restricted to Englishlanguage publications, and the publication date range was set from 2015, to the knowledge cutoff date in 2023. The search strategy was an it4.0 technologies on supply chain visibility and operational efficiency. The article seeks to draw comprehensive conclusions on the impact of Industry 4.0 on supply chain dynamics by conducting analytical research and interpretation. It examines how these technologies affect visibility, simplify processes, and improve overall efficiency. Furthermore, it is essential to identify gaps and limits in the current body of literature in order to direct future research and provide valuable insights to academics, practitioners, and policymakers on unanswered problems and challenges in the field. Thereby, the research aims to examine the practical implications of the findings for industry practitioners and decision-makers. It provides actionable advice on how to successfully use Industry 4.0 technologies to improve supply chain visibility and operational efficiency. Having said that, the present study aims to enhance scholarly knowledge by summarizing important insights, theoretical frameworks, and methodological advancements from the literature review. It provides a comprehensive and current understanding of the research on Industry 4.0 in the context of supply chain management. Altogether, the article intends to serve as a helpful resource Table 1 Inclusion and exclusion criteria Criteria Inclusion Criteria Exclusion Criteria Publication period Studies published between 2015, and 2023 Studies published before 2015 or after the knowledge cutoff date in 2023 Type of document Peer-reviewed journal articles and conference proceedings Non-peer-reviewed documents, books, theses, and dissertations Studies unrelated to Industry 4.0 or lacking a clear focus on supply chain management Type of study Studies focusing on the integration of Industry 4.0 technologies in supply chain management Language Studies published in the English language Studies published in languages other than English Population No specific population criteria Studies with a primary focus on populations unrelated to supply chain management or Industry 4.0 technologies Research topic Studies examining the impact of Industry 4.0 on both supply chain visibility and operational efficiency Studies not directly related to Industry 4.0 technologies, supply chain visibility, or operational efficiency Source: Developed by the authors. 9
Review of Business and Economics Studies focus on supply chain visibility or operational efficiency. erative process, allowing for adjustments based on initial search results and additional keywords identified during the process [30]. Inclusion and exclusion criteria To maintain the relevance and rigor of the systematic review, explicit inclusion and exclusion criteria were established (Table 1). Inclusion criteria encompassed studies published in peer-reviewed journals or conference proceedings, focusing on the integration of Industry 4.0 technologies (specifically IoT, AI, big data analytics, and automation) in supply chain management. Studies were required to examine the impact of Industry 4.0 on both supply chain visibility and operational efficiency. Exclusion criteria included studies not published in English, those not directly related to Industry 4.0 technologies or supply chain management, and studies lacking a clear Methodological quality assessment To ensure the reliability and validity of the synthesized findings, a methodological quality assessment was conducted for each selected study. The Critical Appraisal Skills Programme (CASP) framework for systematic reviews was adapted for this purpose [31]. The assessment criteria included study design, data collection methods, data analysis, and the overall contribution to the research area. Two independent reviewers assessed each study, and any discrepancies were resolved through discussion and consensus. The methodological quality assessment aimed to identify biases and limitations within each study, allowing for the weighting of evidence during data synthesis [32]. Studies with robust methodologies and transparent reporting were given greater weight in the analysis. Fig. Search strategy, outlining the subsequent identification and screening of appropriate sources Source: Developed by the authors. 10 rbes.fa.ru