Abstract
Industry 4.0, also branded as smart manufacturing is an important topic and recently drawing much attention from researchers. It has potential to affect the manufacturing industry by transforming the traditional way of processing to an intelligent and advanced production system. In order to meet the fast pace of Industry 4.0 developments, continuous innovation is imperative for technology-focused organizations. Suitable management practices are vital in developing long term organization innovation capabilities and facilitate the implementation of Industry 4.0 concept. Therefore, this conceptual research seeks to highlight the significance of industry 4.0 for manufacturing sector of Malaysia. Besides, it pursues the aim of shedding light on mostly undiscovered management practices that are essential for organization innovation in context of industry 4.0. The objective is to strengthen manufacturing sector by sharing right practices that are useful for successful implementation of Industry 4.0.
Original language | English |
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Title of host publication | International Conference on Business, Accounting, Finance and Economics (BAFE) 2019 |
Place of Publication | Malaysia |
Pages | 226-236 |
Number of pages | 11 |
Publication status | Published (in print/issue) - 4 Oct 2019 |
Event | International Conference on Business, Accounting, Finance and Economics (BAFE, 2019) - UTAR, Perak, Malaysia Duration: 4 Oct 2019 → 4 Oct 2019 Conference number: 2 |
Conference
Conference | International Conference on Business, Accounting, Finance and Economics (BAFE, 2019) |
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Country/Territory | Malaysia |
City | Perak |
Period | 4/10/19 → 4/10/19 |